A Glance at UNION BUDGET 2023

by Subhechcha Ganguly

Wednesday saw the presentation of the Union Budget for the fiscal year 2023–24 by Union Finance Minister Nirmala Sitharaman. The Finance Minister stated that the government’s efforts since 2014 have secured a higher quality of life and a life of dignity for all citizens when presenting the Union Budget. A technology-driven, knowledge-based economy with sound public finances and a thriving financial sector is part of our vision for the Amrit Kaal. ‘Sabka saath, sabka prayaas’ is crucial for achieving this ‘janbhagidari,’ said to Finance Minister Nirmala Sitharaman.

Let’s have a look at the significant announcements the finance minister made today while we wait:

-Railways receive Rs 2.4 lakh crore, the largest amount in history.

-The objective for agricultural loans has been raised to Rs 20 lakh crore

-Mobility Infrastructure: 50 new airports and heliports

50 places will be chosen using the challenge method for tourism

Mahila Samman Savings Certificates with deposits of up to Rs. 2 lakh and 7.5% interest would be made available.

-The Senior Citizens Savings Scheme deposit cap was increased from Rs. 15 lakh to Rs.30 Lakh


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