The document summarizes the key challenges outlined in the Union Budget speech: 1) Leading the economy back to 9% annual GDP growth, 2) Deepening and broadening the agenda for inclusive development, and 3) Re-energizing government and improving delivery mechanisms. The speech acknowledges that while the budget cannot solve all problems, it is an important means to share the government's vision, particularly at the start of a new term.
2. “ members would appreciate that a
single Budget speech cannot solve all
our problems, nor is the Union Budget
the only instrument to do so. Yet, it an
important means to share the vision of
the Government, particularly as we
begin a new term. I propose to do just
that….”
3. First Challenge: to lead the economy back to
the high GDP growth rate of 9% p.a.
Second Challenge: to deepen and broaden the
Agenda for inclusive development
Third Challenge: re-energize government and
improve delivery mechanisms.