Budget 2023 Live News Updates and Highlights: FM Nirmala Sitharaman Announces to Extend 50-Year Interest Free Loan to State Governments for One More Year
Union Finance Minister Nirmala Sitharaman, while presenting the Budget 2023, has announced that 50-year interest free loan to state governments will be extended for one more year.
Union Finance Minister Nirmala Sitharaman, while presenting the Budget 2023, announced that the government will recruit 38,800 teachers for Eklavaya Model Residential Schools to impart quality education in tribal communities.
Eklavaya Model Residential Schools -in the next 3 years the Centre will recruit 38,800 teachers and support staff for 740 schools serving 3.5 lakh tribal students: FM Nirmala Sitharaman— ANI (@ANI) February 1, 2023
Union Finance Minister Nirmala Sitharaman, while presenting the Budget 2023, announced that the government will establish 157 new nursing colleges in colocation with the existing 157 medical colleges established in the country since 2014.
Presenting the Union Budget 2023-24 in Parliament, Finance Minister Nirmala Sitharaman announced that the government will set up an Agriculture Accelerator Fund to encourage agri-startups by young entrepreneurs.
Promotion of tourism will be takes up on mission mode, said Finance Minister Nirmala Sitharaman while presenting the Union Budget 2023-24 in Parliament. She is expected to make some announcement on the income tax regime. Stay here for live news updates and highlights of the Budget 2023.
#UnionBudget2023 | 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: FM Nirmala Sitharaman pic.twitter.com/jDjob8z2lZ— ANI (@ANI) February 1, 2023
Presenting the Union Budget 2023-24 in Parliament, Finance Minister Nirmala Sitharaman said that the Indian economy had become the fifth largest economy in the world. “Government’s efforts since 2014 have ensured for all citizens, a better quality of life and life of dignity. The per capita income has more than doubled to Rs 1.97 lakh. In these nine years, the Indian economy has increased in size from being 10th to 5th largest in the world,” she said.
Union Finance Minister Nirmala Sitharaman is presenting the Union Budget in Parliament. Starting her speech, Nirmala Sitharaman said it is the first Budget of the “Amrit Kaal”.
Ahead of the Budget presentation in Parliament, Parliamentary Affairs Minister Pralhad Joshi said it will be a “pro-poor” and “pro-middle class” budget. Catch live news updates on the Budget 2023 here.
Copies of the Union Budget 2023 have been brought to Parliament. Before bringing the copies inside the Parliament, sniffer dogs sniffed them. Union Finance Minister Nirmala Sitharaman will present the Budget 2023 in Parliament at 11 am. Stay connected with us to catch live news updates and highlights of the Union Budget.
#WATCH | Delhi: A sniffer dog sniffs copies of #UnionBudget2023 that have been brought to the Parliament. pic.twitter.com/VjhFllJuLf— ANI (@ANI) February 1, 2023
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New Delhi, February 1: All eyes will be on the Union Budget 2023-24, which Union Finance Minister Nirmala Sitharaman will present in Parliament today. Nirmala Sitharaman will table the Budget 2023 in Lok Sabha at 11 am. Budget 2023 could be the last full-fledged Budget of the Modi government in its second term with the next Lok Sabha elections due in April-May of 2024. Stay connected with Today News 24 for Budget 2023 live news updates. We will provide instant live updates on the Budget presentation, new income tax slabs and other budgetary announcements.
While the government is expected to make a slew of announcements in the Budget 2023-24 to improve India’s economy, its announcement on the income tax will be keenly watched. A section of salaried class people wants the government to raise the income tax exemption limit from existing Rs 5 lakh. They also wish for doubling of Standard Deduction to Rs 1 lakh and hike in deductions under Sections 80C (like PPF contribution) 80D (like health insurance premium). Income Tax Slabs: Know Current Tax Rates for Individuals Under New and Old Tax Regimes Ahead of Budget 2023.
The expectations of various sectors from the Budget 2023 are also out with people sharing their wish list and expressing their demands. According to Union Minister of State (MoS) for Finance Pankaj Chaudhary, the Union Budget for 2023-24 will focus on improving the economic conditions of the people, not the upcoming elections. Here it may be noted that crucial states like Karnataka, Rajasthan and Madhya Pradesh will go to polls this year. Union Budget 2023: Whole World Has Its Eyes on India’s Budget, Says PM Narendra Modi (Watch Video).
Union Budget 2023-24 Live Streaming:
“As far as budget is concerned in view of elections, elections keep coming and going, but how to improve the economic condition of the people of the country, Hon’ble Modi ji’s attention is always there and it will be seen in this budget also,” Chaudhary told news agency ANI. Budget will be in line with the expectations of the general public, keeping in mind all sections of society, the MoS added.
Stay here with us to catch live news updates on the Budget 2023-24 presentation by Union Finance Minister Nirmala Sitharaman in Parliament today.
