The Union Budget 2022-23 emerges at a time of great need as many industries are getting back on their feet after nearly 2 years of the pandemic, and many new-age sectors are on a sustainable growth path and need enabling ecosystems for global competitiveness. In terms of economy outlook, vaccination coverage, gradual recovery in private consumption and business sentiment, and a stronger belief that subsequent waves of Covid have limited impact are all promising.
However, the industry had high expectations from the budget that it would kick-start a new cycle of public investments since private investments have not yet recovered fully. In line with the nation's new aspirations, there was also a need to chart a course for long-term growth.
Click here to read our review on union budget 2022-23.
Reviewing the Union Budget 2022-23
01/02/2022
Related insights
Insights • Economy
The Union Budget of 2024-25 marked the 50th day of the newly elected government. The finance minister was expected to not only help sustain the on-going economic growth momentum but also lay a strong foundation for growth over the 5-year tenure of its third term in the government.
24/07/2024
Insights • Workplace
In this guide we provide you with a comprehensive office fit out cost breakdown. Read on to find out more.
Dominic Brown • 19/03/2024
Research • Workplace
REWORKING the Office Asia Pacific
Our ‘REWORKING’ series examines decision-making for occupiers under four key considerations: Cost, Carbon, Culture and Community – under which the changing demands, needs and impacts on office spaces and strategies can be examined.
Khurshed Gandhi • 03/11/2023