Budget 2023 Live Updates | FM Sitharaman presents Union Budget 2023-24

PM Awaas Yojana outlay raised by 66 pc to over Rs 79,000 cr: FM

PM Awaas Yojana outlay raised by 66 per cent to over Rs 79,000 crore, said FM. States will be encouraged to set up physical libraries for them at panchayat and ward levels and provide infrastructure for accessing the National Digital Library resources, said FM Nirmala Sithara

Govt to raise farm credit target to Rs 20 lakh crore: FM

Indian Institute of Millet Research will be supported as a centre of excellence, said FM Nirmala Sitharaman in Parliament. The agricultural credit target will be increased to Rs 20 lakh crores with a focus on animal husbandry, dairy and fisheries, added FM Sitharaman.

More digital payments show Indian economy has become more formalised: FM

The Indian economy has become more formalised as witnessed by a significant enhancement in digital payments, said Finance Minister Nirmala Sitharaman.

Promotion of tourism will be taken up on mission mode: Sitharaman

Promotion of tourism will be taken up on mission mode. The country offers immense attraction for domestic as well as foreign tourists. There is a large potential to be tapped in tourism. The sector holds huge opportunities for jobs and entrepreneurship for youth in particular, said FM Nirmala Sitharaman. Promotion of tourism will be taken up on mission mode with active participation of states, the convergence of Govt programs and public-private partnerships, added FM Nirmala Sitharaman.

Govt proposes Agriculture Accelerator Fund: FM

Government proposes Agriculture Accelerator Fund to encourage agri-startups by young entrepreneurs, said FM.
The agricultural credit target will be increased to Rs 20 lakh crores with a focus on animal husbandry, dairy and fisheries, added FM Sitharaman

FM lists priorities of Budget 2023-24

Govt proposes package for traditional handicraft makers, said FM Sitharaman. “Promotion of tourism will be taken up on mission mode,” says Finance Minister Nirmala Sitharaman during Budget 2023-24 presentation. Priorities of Budget 2023-24 – inclusive development, reaching the last mile, infra and investment, unleashing the potential, green growth, youth and financial sector, said Finance Minister Nirmala Sitharaman.

Vision for Amrit Kaal includes a technology-driven and knowledge-based economy: FM

Our vision for the Amrit Kaal includes a technology-driven and knowledge-based economy, with strong public finances and a robust financial sector. To achieve this ‘janbhagidari’ through ‘sabka saath, sabka prayaas’ is essential, said FM Nirmala Sitharaman.

Indian economy has increased in size from being 10th to 5th in the world: FM

Size of Indian economy improved from tenth to fifth largest in past nine years, said Sitharaman In these times of global challenges, India’s G20 presidency gives us a unique opportunity to strengthen India’s role in the world economic order, added the Finance Minister. Govt’s efforts since 2014 have ensured for all citizens, a better quality of life & life of dignity. The per capita income has more than doubled to Rs 1.97 lakh. In these 9 years, the Indian economy has increased in size from being 10th to 5th largest in the world, said FM.

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