News > Budget 2023: Nirmala Sitharaman has a tough task to balance growth and fiscal prudence

Budget 2023: Nirmala Sitharaman has a tough task to balance growth and fiscal prudence

The Budget 2023 will be Sitharaman's fifth budget as Finance Minister under PM Modi government. She faces the herculean task of promoting growth and walking on the path of fiscal discipline as well. There is a lot of expectation from this budget from all facets of the nation considering this shall be the last full budget of the government before the national general elections in 2024. Post the pandemic, our fiscal deficit has doubled, and debt to GDP has gone up from 75% to 85-90%.