UNION BUDGET 2023 REACTIONS: From ‘Pro Corporate Budget’ To ‘Balanced, Progressive Budget’

Budget 2023 Reactions 

Finance Minister Nirmala Sitharaman presented the last budget of the current government before the 2024 General elections. Here are some top reactions from political and industry leaders

PM Modi On
Budget 2023 

After the announcement of the budget, PM Modi took to Twitter and said “This year's Budget infuses new energy to India's development trajectory.”

Defence Minister
Rajnath Singh On
Budget 2023

Defence Minister Rajnath Singh said that Union Budget 2023-24 is expected to bring about positive changes in the country and will lead towards achieving our goal of becoming a $5 trillion economy and ‘Top Three’ economies within few years

‘Balanced, Progressive
Budget’: FICCI 

The President of Federation of Indian Chambers of Commerce & Industry, said that the budget is a balanced, progressive budget that gives primacy to inclusive growth and makes a move towards placing India as the world's growth engine

Congress MP K Suresh:
‘Pro Corporate Budget’

Congress MP K Suresh called the budget a pro corporate budget, fulfilling the interests of ‘Adani, Ambani and Gujarat’, while ignoring the common man

Harsh Goenka On
Budget 2023: “It’s
RRR once again”

Chairman of RPG Group, Harsh Vardhan Goenka said the central government’s budget is an intelligent one that focuses on key areas of infrastructure, employment and consumption led demand while keeping fiscal deficit on track

Nikhil Kamath On
Budget 2023 

Zerodha co-founder Nikhil Kamath said the budget had both pros and cons. He highlighted that reducing customs duty on certain categories was a good sign and increasing exception slab to Rs 7 lakh would help shore up consumer spends while no reduction in STT was a negative

‘Progressive And Growth
Oriented’: Sunil Nayyar

Sunil Nayyar, MD, Sony India, said that the latest budget is “quite progressive and growth-oriented” and is in-line with the government’s long term vision for India’s path to becoming a major global economy 

Delhi CM Arvind Kejriwal
On Budget 2023 

"This Budget does not bring relief from inflation, no strong step to reduce unemployment. Reduction of education Budget from 2.64 pc to 2.5 PC is unfortunate," said AAP chief Kejriwal 

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Next: Economic Survey 2023: GDP Growth At 6.5 Per Cent In 2023-24, Other Key Takeaways