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Union Budget 2023: Besides Growth, Can the Govt Focus On More Jobs for the Poor?

In one of its longest phases of ‘jobless growth’, India's design long remained ‘urban-service’ sector-biased.

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Opinion
6 min read
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What is the current state of the Indian economy? And if we can get a sense of that for the upcoming Union Budget 2023, what is likely the response of the government in prioritising its fiscal roadmap for this financial year?

One may want to answer both these questions in the political economy context of this year (FY23) being observed as the final full Budget year before the 2024 (partial) Budget is presented in the Lok Sabha election cycle (next year).

Thereby, it might seem less realistic to put much faith in what the government does now and see what it might do a few months before the elections in 2024. The recent step to extend the ‘free ration’ scheme for the poor, is already a key electoral move made (as argued here).
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