Why union budget is the instrument of growth?

The union budget serves as a crucial instrument of growth by allocating financial resources to various sectors, thereby stimulating economic activity and development. It outlines government priorities, enabling investments in infrastructure, education, and healthcare, which can enhance productivity and improve living standards. Additionally, by adjusting tax policies and public spending, the budget can influence consumer and business confidence, driving private sector investment and consumption. Overall, a well-structured budget fosters a conducive environment for sustainable economic growth.