Fortune India


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p classMsoNormal stylemargin-bottom: .0001pt; line-height: normal; mso-layout-grid-align: none; text-autospace: none;span stylefont-size: 9.0pt; font-family: MillerText-Roman,serif; mso-bidi-font-family: MillerText-Roman;Budget Special: spanspan stylefont-family: MillerText-Roman, serif; font-size: 9pt;Meanwhile in finance minister Nirmala Sitharaman’s fifth Budget, India’s vastly successful formula since the Covid-hit year 2020 to keep the nation’s economic engine firing through loads of capital expenditure on infrastructure remains at the heart of Union Budget 2023 as well. This time Centre’s capital expenditure sees an astounding 33 hike to 10 lakh crore This Budget will be remembered for its ‘Long Vision’, for the tenacity to resist the temptation to be populist in the last full Budget before General Elections in April next year. It will be remembered for responsible fiscal management and for sticking to what will work to India’s advantage in the long run rather than myopic, bank-busting moves that had become the norm for governments serving the last year of their termspanem stylefont-family: MillerText-Roman, serif; font-size: 9pt;. Fortuneemspan stylefont-family: MillerText-Roman, serif; font-size: 9pt; spanem stylefont-family: MillerText-Roman, serif; font-size: 9pt;India emspan stylefont-family: MillerText-Roman, serif; font-size: 9pt;explain why the big moves in the Budget prove that long-term vision outwittedspanem stylefont-family: MillerText-Roman, serif; font-size: 9pt; emspan stylefont-family: MillerText-Roman, serif; font-size: 9pt;short-term populism to put India on a pathspanem stylefont-family: MillerText-Roman, serif; font-size: 9pt; emspan stylefont-family: MillerText-Roman, serif; font-size: 9pt;of growth and prosperity in a sea of globalspanem stylefont-family: MillerText-Roman, serif; font-size: 9pt; emspan stylefont-family: MillerText-Roman, serif; font-size: 9pt;economic slowdown.spanp p classMsoNormal stylemargin-bottom: .0001pt; line-height: normal; mso-layout-grid-align: none; text-autospace: none;span stylefont-family: MillerText-Roman, serif; font-size: 9pt;                 Other than Budget, there are other interesting reads too. One such is, the first inside account of the remarkable changes that are transforming the Tata Group to be future-ready. N. Chandrasekaran, chairman of group holding company Tata Sons, sat down with spanem stylefont-family: MillerText-Roman, serif; font-size: 9pt;Fortune Indiaemspan stylefont-family: MillerText-Roman, serif; font-size: 9pt; at group headquarters Bombay House over cups of Starbucks coffee to explain how he is pivoting the 154 year old group. Such, that it will sport a renewed look a few years hence.spanp p classMsoNormal stylemargin-bottom: .0001pt; line-height: normal; mso-layout-grid-align: none; text-autospace: none; p