Katya Naidu13 Jan 2023, 17:02
The Deloitte pre-Budget survey found that Indian business leaders are confident that the economy will grow to above 6.5% percent in FY23, fuelled by strong domestic demand and the government’s push for capital expenditure. They expect the government to be proactive in cushioning the impact of growing risks, including a possible global recession caused by geopolitical turmoil, and soaring energy, food, and labour costs. In the upcoming Budget, business leaders expect the government to be focused on infrastructure development, boosting exports, easing compliances, and leading the nation towards carbon neutrality.