Budget 2023 India

India will focus on economic growth and job creation and cut down fiscal deficit, the Finance Minister said on Wednesday, presenting the government's last ...

* Increases budget allocations to 790 billion rupees for affordable housing in 2023/24 * Agricultural credit target raised to 20 trillion rupees for 2023/24 * Outlay for capital spending increased 33% to 10 trillion rupees ($122.29 billion) in 2023/24

Union Budget 2023 Live Updates: Union Finance Minister Nirmala Sitharaman has proposed a new tax regime, under which income tax rebate limit has been ...

After getting the nod from the Cabinet, Sitharaman will present the Budget in Parliament. The Bharatiya Janata Party (BJP) will launch a 12-day-long nationwide campaign on Wednesday to reach out to the public and convey the benefits of the upcoming Union budget 2023-24. The government is spending nearly 20% of its budget this fiscal year on capital investment, the most in at least a decade. The Union Budget 2023 is a much-anticipated event for the real estate sector in India. Union Cabinet meeting chaired by PM Modi begins at the Parliament. The benchmark 10-year yield was at 7.3346% as of 09:55 am IST, after closing six basis points lower at 7.3438% yesterday, posting its biggest single-session fall in two months. Like the previous two Union Budgets, Union Budget 2023-24 will also be delivered in paperless form. Union Finance Minister Nirmala Sitharaman will present the Budget shortly. Finance Minister Nirmala Sitharaman is presenting the Narendra Modi government's 11th Union Budget in Parliament. This is a middle-class bonanza budget but PM has spoken about inclusive growth. It's a Budget presented keeping the elections in mind, while some relaxations given to the middle class. This budget will fulfil dreams of aspirational society including poor people, middle-class people, farmers: PM Narendra Modi

Union Finance Minister Nirmala Sitharaman has presented the Union Budget for the Financial Year 2023-24 today, with a slew of announcements, ...

We grow several types of Shree Anna, such as Jowar, Raagi, Bajra, Ramdana, Cheena and Saama… An agriculture accelarator fund will be setup to encourage agricultural startups. It will also bring in modern technology to transform agro practices.

The Union Budget 2023-24 has highlighted the importance of coarse grains or millets as means of sustainable cultivation that can raise the income of small ...

India grows several types of Shree Anna including Jowar, Raagi, Bajra, Ramdana, Cheena, and Saama. The United Nations declared 2023 the International Year of Millets at the request of the Government of India to raise awareness and increase the production and consumption of millets. India is the largest producer and second-largest exporter of Shree Anna in the world.

Prime Minister Narendra Modi's government delivered India's annual budget on Wednesday that laid out a slew of measures to bolster infrastructure for ...

On January 31, the finance minister presented the Economic survey 2022-23 in Parliament. It will be Nirmala Sitharaman's fifth Union Budget and the current ...

During her Indian Union Budget 2023 speech, the finance minister said that lab-grown diamond industry holds 'great promise for the nation.' During the presentation of the Union Budget 2023, Finance Minister Nirmala Sitharaman said, "the Indian economy has increased in size. Finance Minister Nirmala Sitharaman presented the Indian Union Budget 2023-24 in Parliament on Wednesday, February 1. The rates of the items get cheaper or pricier depending on the duty increases or decreases. Moreover, the Union Budget 2023 has seven priorities including infrastructure and investment. Today, Finance Minister Nirmala Sitharaman presented the Indian Union Budget 2023-24 in Parliament on Wednesday, February 1.

Finance Minister Nirmala Sitharaman commented on India's goal to promote millets both domestically and abroad while presenting the first Amrut Kaal budget.

While presenting the first Budget of Amrut Kaal, Finance Minister Nirmala Sitharaman spoke about India's plan to popularise millets nationally and ...

Experts also belive that measures to enhance yields are also the need of the hour. FM Nirmala Sitharaman mentioned that India is the highest producer of Shrianna and the small farmers do a huge service to the people of the country by sowing millets. India was the highest producer of millets in 2020 and produced 41 percent of the world's millets. 2023 is the International year of millets. The government has come up with a 5-year plan that spans various ministries and its foreign embassies and missions. She said that this approach of govt will help the country with food security and will focus on welfare of farmers.

Budget 2023 India Highlights and Important Points: Nirmala Sitharaman announced a National Digital library for children, a national mission for vulnerable ...

📌 Government implementing a scheme to supply foodgrains from January 1, 2023, to all Antaodaya and priority households for the next one year. [Read her full speech](https://indianexpress.com/article/business/budget-2023-nirmala-sitharaman-speech-full-text-8416756/) to see what else you missed. 📌 What will be cheaper? Udit Misra has distilled [the three big takeaways](https://indianexpress.com/article/explained/explained-economics/three-big-takeaways-of-union-budget-8417426/) from this Union Budget. And in case you were wondering, he has a handy explainer on [how the government calculates the math](https://indianexpress.com/article/explained/explained-economics/union-budget-2023-explained-math-calculation-planning-8416899/). 12-15 lakh — 20%; Rs. 📌 The limit for presumptive taxation for MSMEs and certain professionals to be increased to Rs 3 crore and Rs 75 lakh respectively. 9-12 lakh — 15%; Rs. The Minister’s speech also laid emphasis on infrastructure and jobs ahead of Modi government’s last full-fledged Budget before the Lok Sabha elections in 2024. 6-9 lakh — 10%; Rs. 3-6 lakh — 5%; Rs. 3 lakh — nil; Rs.

Since taking office in 2014, Modi has ramped up capital spending including on roads and energy, while wooing investors through lower tax rates and labour ...

The Union Budget 2023-24 has laid down a blueprint to steer the economy towards increased growth and prosperity. To minimize bureaucracy and maximize growth, ...

As a result of these efforts, India has improved substantially in the World Bank’s Doing Business rankings from 142 in 2014 to 63 in 2019. The Union Budget 2023-24 has laid down a blueprint to steer the economy towards increased growth and prosperity. India has emerged as an unrivalled market for goods and services.

India Budget highlights 2023: In the last full-fledged Budget before the general elections next year, the Modi government presented the Union Budget in ...

* Indian economy on the right track, and heading towards a bright future. * To improve social-economic condition of the Particularly Tribal Groups, PMPBTG Development mission will be launched, to saturate PBTG habitations with basic facilities. In these 9 years, the Indian economy has increased in size from being 10th to 5th largest in the world: Sitharaman * The country offers immense attraction for domestic as well as foreign tourists. [Nirmala Sitharaman](/news/nirmala-sitharaman)today presented the [Union Budget](/budget)2023, the fifth budget of Modi 2.0 on Wednesday. The per capita income has more than doubled to Rs 1.97 lakh. During pandemic, the government ensured no one went to bed hungry, " says Finance Minister In a boost to taxpayers and economy, Sitharaman announced major changes in tax slabs under new tax regime and big boost for railways and capital expenditure. * Phase 3 of E-courts projects to be launched with outlay of Rs 7,000 crore * To encourage the indigenous production of lab-grown diamonds, a research and development grant is to be provided to one of the IITs for five years * Effective capital expenditure of centre to be - Rs 13.7 lakh crore * New tax regime to become the default tax regime

Prime Minister Narendra Modi's government unveiled a pre-election India budget that cut personal income taxes to boost consumption while ramping up ...

Budget highlights: CEOs expect big orders from govt as private capex picks up in tandem.

Vivek Lohia, managing director, Jupiter Wagons Group, said the higher budget highlights the importance of investments in high-quality infrastructure for accelerating economic growth. The Adani group plans to invest a massive $107 billion by 2030, and Reliance Industries has announced plans to invest $76 billion towards clean energy projects. The Aditya Birla group also announced plans to enter the green energy segment. This has been complemented by a custom duty and tax reliefs for green mobility,” said Prashant Ruia, director, Essar group, which plans to invest Rs 50,000 crore in hydrogen projects. [infrastructure](/topic/infrastructure) budget to Rs 10 trillion, apart from making additional expenditure on green transition, top Indian companies led by Larsen & Toubro, Siemens, Thermax, HCC, and the Tatas can expect a surge in their order book. “We expect demand to pick up as the government rolls out mega infrastructure projects.

Industry leaders and experts are optimistic that the skill measures proposed in the budget will open a lot of opportunities for youth.

However, says Kumar of TeamLease, the key to the success of these schemes will be in its implementation. The skilling ecosystem support will be key to transitioning these personnel smoothly. With this, we will be able to add another 100 million into the formal workforce over the next decade,” he adds. To cater to that, we need skills and this Budget has taken care of the skilling side,” he says. “This budget is like a booster dose to make the most of the situation. Earlier, we've seen a couple of skilling schemes doing well but these still underperformed the expectations. Lohit Bhatia, President, India Staffing Federation, says the government’s move under the National Apprenticeship Promotion Scheme was worthy of appreciation. India can, thus, be a good source for workers for these international centers. He confesses he was happy to read these announcements. In PMKVY 2.0, about 1.1 crore people were skilled and in PMKVY 3.0, about 7.4 lakh people were skilled,” Bhatia says. I think taking the macroeconomic situations into consideration, and having a long-term perspective to make a $5-trillion economy, these measures will take care of such goals. The scheme will also cover new-age courses for Industry 4.0 like coding, AI, robotics, mechatronics, IOT, 3D printing, drones, and soft skills,” she said, while presenting the