Finance Minister Nirmala Sitharaman has been keeping it subtle with the Union Budget 2024. Given its vote-on-account nature, spectacular announcements might not emerge.
This prompts a retrospective glance at Union Budget 2023, analysing echoes from the past year’s annual financial statement. What economic cards might be up the government’s sleeve will only come out post-elections, but something as crucial as the Budget, which has a role to play in guiding the nation’s economic fundamentals, prompts us to look back at the approach taken by our government during 2023.
The 2023 budget left an indelible mark on the financial landscape, with transformative opportunities taking center stage. From empowering rural women through Self Help Groups (SHGs) to fostering green growth and promoting tourism, the budget set the tone for inclusive development. Vishwakarma Kaushal Samman and initiatives for traditional artisans added a layer of support for the backbone of our cultural heritage.
The seven guiding priorities – Inclusive Development, Reaching the Last Mile, Infrastructure and Investment, Unleashing the Potential, Green Growth, Youth Power, and Financial Sector – formed the bedrock for strategic decision-making. The overarching theme of “Sabka Saath Sabka Vikas” underscored the commitment to development for all sections of society.
The “empowered and inclusive economy” that the government plans to bring on, will it continue to steer the car? Only time can unveil.
In light of these developments, ETBFSI brings together a distinguished panel of BFSI leaders for the fourth and final episode of Budget Series 2024 before the Finance Minister unveils the annual financial statement. The discussion aims to glean insights, predictions, and expectations from key industry figures.
The eminent panel for the LIVE comprises Manish Shah, MD & CEO, Godrej Capital; Abheek Barua, Chief Economist, HDFC Bank; Tarun Chugh, MD & CEO, Bajaj Allianz Life; Krishnan Sankarasubramaniam, MD & CEO, Tamilnad Mercantile Bank Ltd; and the session will be moderated by Amol Dethe, Editor at ETBFSI & ETCFO.
Join us toDAY from 1:30 PM to 2:30 PM for a front-row seat to this enlightening dialogue, where these BFSI leaders will talk about their visions, expectations, and forecasts for the upcoming fiscal year. Your questions and participation are not only welcome but integral to making this discussion a comprehensive analysis of the economic roadmap that lies ahead. We will be LIVE on ETBFSI’s LinkedIn, YouTube, Twitter, and Facebook.
Also, watch the first, second, and third Episodes of the Union Budget 2024 series.
