India Union Budget Analysis 2022-23

By Rimjhim GuptaGopal SharmaYashi TandonSandeep Dubey
Hitaishi Gupta
Nikit ShahKetan Kapuria
Anand ToshniwalAyushi Sharma
Karan DasaorAishwarya Sharma
Priyanka SinghRaghunandan BalasubramanianArushi Gaur, and Ashish Gupta
Article

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.

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