New Delhi, Feb. 1 -- From the taxes Indians pay and the borrowings the government raises, to the money spent on states, defence, welfare and interest payments, every paisa reveals where the government's priorities lie.

As India pushes towards its Viksit Bharat goal amid global uncertainty, how that one rupee comes in and where it finally goes will shape the country's economic direction in the year ahead.

The government takes one rupee from citizens, pools it with millions of others, and deploys it with intent into highways, railways, defence equipment, classrooms, hospitals and digital infrastructure.

That rupee is split between paying interest to maintain fiscal credibility, funding welfare to protect the vulnerable, and investing in ca...