Regulatory Reforms and Political Dynamics in India

On Saturday, Finance Minister Nirmala Sitharaman presented the twelfth Union Budget under Prime Minister Narendra Modi’s government.

This budget came at a time when India has been struggling to achieve its desired growth rate while grappling with challenges like unemployment and rising prices. After introducing reforms such as GST and implementing various ease-of-doing-business measures in the past, the government this time announced an unprecedented tax break for the middle class, hoping it would provide a much-needed boost to the economy.

To break down the key takeaways, what this could mean for India's growth story, and other major highlights from the Union Budget, The Indian Express’ Udit Misra joins us.

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