Presenting the Union Budget Union Finance Minister Nirmala Sitharaman says this is the first Budget in Amrit Kaal. She has strted reading out her speech . They are as follows :
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.
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.
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.
The world has recognized India as a bright star, our growth for current year is estimated at 7.0%, this is the highest among all major economies, in spite of massive global slowdown caused by pandemic and the war.
During the COVID pandemic, we ensured that nobody goes to bed hungry with a scheme to supply free foodgrains to over 80 crore persons for 28 months
Priorities of Budget 2023-24 – inclusive development, reaching the last mile, infra & investment, unleashing the potential, green growth, youth and financial sector.
An Agriculture Accelerator Fund will be set up to encourage agri-startups by young entrepreneurs
The Indian economy has become more formalised as witnessed by a significant enhancement in digital payments.
“Promotion of tourism will be taken up on mission mode, with active participation of states, the convergence of Govt programs & public-private partnerships’. 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
The agricultural credit target will be increased to Rs 20 lakh crores with a focus on animal husbandry, dairy and fisheries