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Saturday, November 2, 2024
TopicBudget 2023

Topic: Budget 2023

Budget 2023: Coming up, 100 5G labs to develop applications — smart classrooms to healthcare

Labs will be set up in engineering institutions, says FM. She also announces relief in customs duty on import of certain phone components.

Budget 2023: MEA gets much less than parliamentary panel wanted. But chair says ‘satisfactory’

Less than 2 months ago, panel chaired by BJP MP P P Chaudhary had recommended more than doubling allocation to foreign ministry, to 1% from 0.44% of overall budget.

Budget 2023: Green push for auto sector — funds for scrapping old govt vehicles, cheaper EVs

No import duty on machinery required to manufacture lithium-ion cells for batteries used in EVs, specific budgetary allocation for scrapping & replacing old govt vehicles.

Budget 2023: Govt introduces startup fund for young agri-entrepreneurs, idea long pushed by RSS

Agriculture Accelerator Fund aims to bring 'innovative & affordable solutions for challenges faced by farmers' and modern technologies to increase productivity & profitability.

Budget 2023 for tech sector: Digital India funds slashed, PAN ‘common identifier’, KYCs simplified

Sitharaman's 'technology-driven' also pushed for access to anonymised data, DigiLocker expansion & job creation through Pradhan Mantri Kaushal Vikas Yojana 4.0.

Modi govt’s ‘mitr kaal’ budget proves it has no roadmap to build India’s future: Rahul Gandhi

The Congress leader, in a tweet, slammed the Modi government, claiming that its ‘mitr kaal’ budget has no vision to create jobs as well as no plan to tackle inflation.

P Chidambaram calls Budget 2023 callous, says govt has forgotten about the middle class

The former finance minister said that the income tax relief is only for those that have moved to the new regime and data about how many taxpayers switched to it is not available.

Budget 2023: Capital outlay sees 33% hike in infra boost. Focus on Nal Se Jal, PM Awas scheme

Highways sector also saw jump in allocation. Fifty airports, heliports, water aerodromes & advance landing grounds to be revived to improve regional air connectivity.

Budget 2023: Govt allocates Rs 35,000 crore for energy transition with ‘green growth’ in focus

To aid 'green growth' agenda, Sitharaman announced measures like support for scrapping & replacing old vehicles, battery storage systems & compressed biogas plants.

Budget 2023 Highlights: Budget ‘beautifully balances’ growth & fiscal considerations, says FM

AmritKalBudget unveiled by FM Nirmala Sitharaman focuses on 7 'priorities' and 4 'emphasis points'. Here, ThePrint breaks down the Union Budget 2023, and tracks reactions.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.