Mumbai, Jan. 24 -- As India heads into another union Budget cycle, the gap between policy, ambition and measurable delivery is drawing closer scrutiny from economists, investors and policy analysts.
While successive Budgets have projected long-term transformation and robust growth trajectories, questions persist about near- and medium-term outcomes- particularly job creation, household incomes and project execution.
Recent Budgets have consistently leaned on vision-led frameworks. Policymakers have anchored the narrative around multi-decade goals, including India's aspiration to become a developed economy by 2047. Public capital expenditure has remained the central policy lever, with the expectation that infrastructure-led growth will cro...