Tag: Union Budget

Let's have a look at the major announcements made by the Finance Minister Nirmala Sitharaman

She said that the government will launch Prime Minister Kaushal Vikas Yojana 4.0 (PMKVY 4.0) to skill youth over the period of next three years.

The special focus on tribals is that the government wants to capitalise it ahead of polls in Madhya Pradesh, Chhattisgarh, Rajasthan, Odisha and Jharkhand.

The CAIR has already been established for AI-related research and development.

Sitharaman further said that the capital investment outlay has been increased for the third year by 33 per cent to Rs 10 lakh crore, which will be 3.3 per cent of GDP.

Sitharaman will further introduce the Finance Bill 2023 in the Lower House.

Recovery of MSMEs is proceeding apace, as is evident in the amounts of Goods and Services Tax (GST) they pay, while the Emergency Credit Linked Guarantee Scheme (ECGLS) is easing their debt servicing concerns

All eyes will be on what comes out of the Pandora's box as this is the last full-fledged budget of the second term of Prime Minister Narendra Modi-led government.

The fiscal deficit for 2022-23 is estimated to be 6.4 per cent of the GDP, the document said.

India's self-confidence, the President said, is at its highest and the world is looking at her from a different perspective.

He was addressing the media ahead of the opening day of the Budget Session in the Parliament premises.

Finance Minister Nirmala Sitharaman has presented the Union Budget for 2023-24 in Parliament today. The FM presented her fifth straight Union Budget

Apart from this, a copy of the President's address will also be laid in the Lok Sabha.

The customary meeting has been called by Union Parliamentary Affairs Minister Pralhad Joshi just ahead of the session which will begin on Tuesday.

In the Union Budget 2023-24, the entire emphasis of the Modi government will be on infrastructure development, especially projects related to Railways and getting high-speed trains becoming operational as soon as possible.