India
During her speech, she mentioned 'Amrit Kaal' several times. Sitharaman was quoted as saying, "This is the first budget in Amrit Kaal, this budget hopes to build on the foundation laid in the previous budget and the blueprint laid for India@100."
Updated : Feb 01, 2023, 03:47 PM IST | Edited by : Riddhima Kanetkar
Finance Minister Nirmala Sitharaman is presenting the Union Budget 2023-24. The FM began the presentation in Lok Sabha at 11 am today. In a big move, the government announced today 50 more airports in India for connectivity.
READ | Union Budget 2023: What is Amrit Kaal, which was mentioned repeatedly by Nirmala Sitharaman
During her speech, she mentioned 'Amrit Kaal' several times. Sitharaman was quoted as saying, "This is the first budget in Amrit Kaal, this budget hopes to build on the foundation laid in the previous budget and the blueprint laid for India@100, we envision a prosperous and inclusive India in which the fruits of development reach all."
Here are some big announcements made by Finance Minister Nirmala Sitharaman in the Union Budget 2023-2024 on Wednesday.
Railways get Rs 2.4 lakh crore, which is the highest ever allocation to it
The agricultural credit target increased to Rs 20 lakh crore
Mobility Infra -- 50 additional airports, heliports
50 destinations to be selected through challenge mode for tourism
Mahila Samman Savings Certificate will be made available for two years, with deposits of up to Rs 2 lakh at 7.5 percent interest
Senior Citizens' Savings Scheme deposit limit raised to Rs 30 lakh from Rs 15 lakh
The income tax rebate limit increased from Rs 5 lakh to Rs 7 lakh under the new tax regime
READ | Union Budget 2023: What is Amrit Kaal, which was mentioned repeatedly by Nirmala Sitharaman
Allocation for PM Awas Yojna increased by 66 percent to over Rs 79,000 crore
Mission to eliminate sickle cell anaemia by 2047
Tribals are to get Rs 15,000 crore over the next three years for safe housing, sanitation, drinking water, and electricity.
Green Hydrogen Mission for reduced dependence on fossil fuel.