The economic downturn in China, the repercussions of the epidemic, the crisis between Ukraine and Russia, and global inflation all manifest significant challenges for the Indian economy. Will Budget 2023 serve as a stimulus for helping India to become the fastest-growing economy since the Indian economy has started recovering from the COVID-19 pandemic outbreak. The Budget Session of Parliament will commence on January 31 and end on April 6, according to Union Minister Pralhad Joshi. On February 1, Finance Minister Nirmala Sitharaman will introduce the Union Budget 2023–24 in the Parliament. Here are the estimates presented by analysts regarding the economy’s development in Budget 2023, likely to be presented in the Union Budget 2023–2024.