India, Jan. 29 -- Every year, the Union Budget allows the government to outline its priorities, chart a pathway for growth, and manage revenues and expenditures across critical sectors. In the upcoming Budget, the government is expected to continue its post-Covid fiscal consolidation, balancing growth-oriented measures with an infrastructure push while maintaining its focus on the green transition. This alignment is critical, as sustainable initiatives, such as investments in renewable energy and green infrastructure, not only address climate goals but also catalyse economic growth and job creation, creating a mutually reinforcing cycle between fiscal prudence and environmental responsibility.

Need for a revisit in current fiscal managem...