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India Union Budget Analysis 2022-23

Rimjhim Gupta Gopal Sharma Yashi Tandon Sandeep Dubey
Hitaishi Gupta
Nikit Shah Ketan Kapuria
Anand Toshniwal Ayushi Sharma
Karan Dasaor Aishwarya Sharma
Priyanka Singh
Raghunandan Balasubramanian Arushi Gaur Ashish Gupta

Union Budget 2022-23 lays long-term infrastructural and digital plans to steer India over its ‘Amrit Kaal’ in the next 25 years. Overall, it’s a growth-oriented budget with 35% increase in capex for Aatmanirbhar Bharat at 100. It rests on four pillars including:

- PM Gati Shakti (National Master Plan)
- Digital capabilities for Inclusive Development
- Productivity Enhancement, Energy Transition and Climate Action and 
- Financing of Investments

BCG India’s comprehensive understanding of Union Budget can be witnessed in this sectoral analysis which highlights the impact that will be caused across Education, Healthcare and Public Health, Automotive and Mobility, Technology, Media and, Telecom, Consumer Goods, Financial Services, Energy Transition & Climate Change, Power & Renewables, Agriculture, Chemical & Fertilizer, Infrastructure, Building Materials and Metals and Mining sectors in India.

Financial Institutions