Budget focus is to maintain growth, tame inflation: FM Nirmala Sitharaman

The minister is in Washington DC to the annual meetings of World Bank and International Monetary Fund, as well as the G-20 Finance Ministers and Central Bank Governors meetings

Finance Minister Nirmala Sitharaman said on Tuesday that the upcoming 2023 Union Budget will have to be “very carefully structured” to maintain growth momentum and reel in inflation, which she identified as the biggest challenge facing the Indian economy.

“Specifics (regarding what the upcoming Budget may contain) may be difficult at this stage because it’s a bit too early. But broadly, the growth priorities will be kept absolutely on the top. Even as I speak about the concerns that inflation brings before me. So, inflation concerns will have to be addressed. But then, how would you manage growth would be