An Analysis of the Union Budget for 2023–24: Towards a Sustainable and Accountable India

Abstract

This research paper aims to analyse the Union Budget for 2023-2024 with a focus on promoting sustainability and accountability in India. The research methodology involves an extensive examination of primary and secondary data sources such as government reports, budget documents, official statistics databases, academic journals, research papers, and reports from international organizations. The study comes to the conclusion that while the budget is a move in the right direction towards making India sustainable and accountable, efficient implementation and monitoring procedures must be set up to get around any potential obstacles. The research findings have practical implications for policymakers, as they shed light on the effectiveness of the Union Budget in driving sustainable and accountable practices. The identified measures can guide future budgetary decisions and strategies, promoting a more sustainable and responsible India. Overall, this study contributes to the ongoing discourse on sustainability and accountability in budgetary planning and decision-making in India.