Budget 2023 Key Updates : Finance Minister Nirmala Sitharaman is presenting the last full budget of the second term of the Modi government today. This budget before the 2024 Lok Sabha elections is being considered very important.
This budget is being presented at a time when the world’s major economies have slowed down and are heading towards a possible recession. In such a situation, the eyes of the whole world are on the budget of the Modi government. On the other hand, in the economic survey presented by the government in the Parliament, the growth rate is expected to be 6-6.8%.
Finance Minister Nirmala Sitharaman said that this is the first budget of Amritkal. She said that India’s economy is moving in the right direction and is moving towards a bright future. Nirmala Sitharaman said, the world has considered the Indian economy as a shining star. India’s stature has increased in the world.
Nirmala Sitharaman told 7 priorities of the budget
Finance Minister Nirmala Sitharaman told 7 priorities of the budget. These include infra, green growth, financial sector, youth power.
Budget 2023 Key Updates : ‘Priority on agriculture related start-ups‘
Finance Minister Nirmala Sitharaman said that priority will be given to startups related to agriculture. For this, an Agriculture Accelerator Fund will be created to encourage agri-startups by young entrepreneurs.
Budget 2023 Key Updates : Economy growth rate estimated to be 7% – Sitharaman
In the budget speech, Nirmala Sitharaman said that the growth rate of our economy for the current year is estimated to be 7%, which is the highest among the major economies of the world. Indian economy is on the right track and moving towards a bright future. She said that Rs 2 lakh crore is being borne by the central government under the PM Garib Kalyan Anna Yojana. Under the Antyodaya scheme, the supply of free food grains to the poor has been extended for one year.
Budget 2023 Key Updates : India is the 5th largest economy in the world
Nirmala Sitharaman said that the efforts of the government since 2014 have ensured a better quality of life and a dignified life for all citizens. Per capita income has more than doubled to Rs 1.97 lakh. In these 9 years, the Indian economy has grown as the 5th largest economy in the world.
