Union Budget 2023 to be presented on Feb 1.
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Indian economy grew 7% in FY20.
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5th largest economy in the world.
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PLI scheme for 14 sectors.
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Rs 10 lakh crore budget, capex/GDP ratio of 3.3%.
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Rs 2.40 lakh crore for railways.
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Tax free for people with income less than Rs 7 lakh.
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Meeting at Rashtrapati Bhavan before budget.
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Nirmala Sitharaman to introduce more sectors to PLI.
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Aim to reduce dependency on other countries.
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