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    Budget 2023: How the FM squared the circle with aplomb

    The Budget has delivered what the markets and businesses wanted 

    Manas Chakravarty
    February 01, 2023 / 05:47 PM IST
    Budget 2023: How the FM squared the circle with aplomb

    The obvious question is: how did finance minister Nirmala Sitharaman manage to pull that rabbit out of her hat?

    The finance minister has delivered yet again. She has once again managed to square the circle, supporting growth while at the same time staying within fiscal limits. The obvious question is: how did she manage to pull that rabbit out of her hat? There is no dearth of positives in the budget. First, there is no question that the government is doubling down on capital spending. Effective capital expenditure, including grants in aid to the states for capex, is budgeted...

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