On Budget day itself, Nifty 50 fell five times and gained five times in the past 10 years. In 2022, frontline indices surged to end 1.4% higher as investors gave a thumbs up to the pro-growth Budget. Nifty gyrated 367 points intra-day to hit a high of 17,622 before it eventually closed at 17,577, up 237 pts. The index moved in a 4.9% range in 2021 on the Budget day, where it eventually closed the day 4.7% higher. On February 1, 2020, the index ended 2.5% lower. In 2019, the 50-stock NSE barometer closed 0.6% higher. In 2018, Nifty closed mildly in red, while the index gained 1.8% in 2017.
The fiscal deficit target has been above Rs 15 lakh crore over the past two years as the government focused more on providing relief to its citizens, the budget stats show. On the other hand, capex target increased significantly in the past five years, as India aims to achieve $5 trillion economy goal.
Budget 2023 is expected to focus on health, defence, education and social welfare sectors. In the last five years, the budget allocation for defence jumped by 46% while the allocation for social welfare rose more than 30%. The budget allocations to the health and education sector have also consistently increased.
People are looking forward to Budget 2023 as the infrastructure industry has taken a front seat, with government allocations increasing significantly in the past five years. The Railway budget increased to Rs 1.4 lakh crore in 2022, Roads & Highways surged to Rs 1.99 lakh crore and the civil aviation budget rose to over Rs 10,000 crore.
From the Kisan Samman Nidhi scheme to double farmers’ income to introducing the Ujjwala scheme, the budget allocation has changed significantly last nine years since Narendra Modi became Prime Minister.
The numbers are often thought to be boring, confusing, and intimidating. But to make data interesting for those who are curious, but don’t have the bandwidth to read through paragraph after paragraph filled with figures, FinancialExpress.com presents an elegant solution. If you are among those curious to know about the economy, capital markets, taxation, Budget, monetary policy, government spending, schemes and results, inflation, interest rates, or any other business indicators, then this page is a one-stop shop for you. This is a place for all those who are looking to enlighten themselves with the highest quality data, simplified by the experts and top editors for their users. The Indian economy despite all the difficulties and global headwinds has been moving forward, leaving the majority of its peers behind and emerging as the global leader. FinancialExpress.com, through this page, brings the economic data in form of graphs and charts. There are different types of graphs.
Stock Market performance charts – How have major stock market indices moved over different times, or during significant events.
Economic indicator charts – Where is inflation going, how are tax collections moving, how much is the government spending on various welfare measures, how much are people saving, how are the income trends changing, where are most jobs; and much more.
Corporate information – Capital expenditure trends, capacity addition charts, corporate profits history, shareholding changes patterns, and more.
Bar Graph
The bar graph is a way to describe qualitative data visually. The information is depicted horizontally or vertically and bars are arranged in order of frequency. Bar graphs can be grouped, stacked or single.
Line Graph
When points and lines are used to represent change over time then it is called a line graph. It shows a line joining multiple points. Linear charts compare two variables on the vertical and the horizontal axis.
Pie Chart
The numerical proportions of a dataset are represented by pie charts. It involves dividing a circle into different parts, where each of the sectors depicts the proportion of a particular element as a whole. Thus, it is also known as a circle chart or circle graph.