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The upcoming budget, being interim in nature, would likely be a non-event as far as big-bag announcements, new tax or spending pitches are concerned.
Capital expenditure spending in India increased by 63.4 per cent in the first eight months of 2022-23 according to the Economic Survey document for 2022-23, which was tabled in Parliament on Tuesday.
Union minister for finance and corporate affairs Nirmala Sitharaman presented the Economic Survey 2022-23 in the Parliament.