TopicUnion Budget

Topic: Union Budget

Modi govt’s target to achieve 4.5% fiscal deficit for FY26 could see some risks, says Moody’s

Siddhi Nayak - 1 February, 2023

Earlier in a statement, the rating agency said the narrower fiscal deficit underscores the Modi government's commitment to longer-term fiscal sustainability.

‘Hum do, Humare do,’ Shatrughan Sinha’s dig at Modi govt’s new income tax regime

ANI - 1 February, 2023

The TMC leader alleged that the Union Budget 2023 presented in Parliament Wednesday has nothing special for the middle class.

New tax regime to fiscal deficit target — Highlights from Sitharaman’s Budget 2023 speech

Reuters - 1 February, 2023

Modi govt will target a budget deficit of 5.9% of GDP for 2023/24, Finance Minister said in her speech, compared to 6.4% for the current fiscal year.

Govt announces 50 new airports, advanced landing grounds & helipads in Budget 2023

ANI - 1 February, 2023

Union Budget holds much significance as the country is scheduled to have the next Lok Sabha election in April-May 2024.

PM Awas Yojana raised by 66% to Rs 79,000 crore, says Sitharaman in Union Budget

ANI - 1 February, 2023

This is a significant increase considering Sitharaman, in the Budget 2022, had proposed an allocation of Rs 48,000 crore for Modi government’s Housing for All initiative.

Inclusive development to green growth — Sitharaman lists 7 priorities of Budget 2023

ANI - 1 February, 2023

The seven key priorities are inclusive development, reaching the last mile, infra and investment, unleashing the potential, green growth, youth power and financial sector.

Roads & rlys saw unprecedented expansion, says Economic Survey — ‘window for pvt sector to invest’

Yuthika Bhargava - 31 January, 2023

Capital expenditure on railway infra was ₹2.5 lakh cr in FY23, up by about 29 per cent against previous yr. Construction of highways went up from 6,061 km in FY16 to 10,457 km in FY22.

Union Budget 2023 to focus on deficit reduction. Education, defence funds likely to grow

Aftab Ahmed - 25 January, 2023

Officials said funds towards health, education and defence are likely to grow at not more than 10% to 12% for the current year

It is time for Union Budget to go local. See how Sikkim, Bihar and Kerala did it

Amarjeet Sinha - 17 January, 2023

Local governments should be allowed to change Budget lines up to 30 per cent to begin with, based on the needs and priorities of the communities.

It’s time to end Budget secrecy, deal final blow to India’s colonial hangover

TCA Sharad Raghavan - 6 December, 2022

Budget secrecy isn't needed for a number of reasons, and doing away with it would actually benefit India's policymakers.

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Topic: Union Budget

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