Budget Updates

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Fiscal deficit to be at 5.9 percent in FY24

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Nominal GDP to grow at 15.4 percent in FY2022-23

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Rs 9,000 cr for revamped credit-guarantee scheme to MSMEs

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Coastal shipping to be promoted through PPP mode with viability gap funding

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Limit of Rs three lakh for tax exemption on Leave Encashment limit raised to...

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Mahila Samman Bachat Patra will offer deposit facility up to Rs 2 lakh at...

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States to be encouraged to set up Unity Mall in their state capital for...

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50-year interest-free loan to state governments to be continued for one more year

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Central assistance of Rs 5,300 cr to be given to o Upper Bhadra Project...

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PM Matsya Sampada Yojana to be launched, with a targeted investment of Rs 6,000...

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Inter-state transmission system for evacuation and grid integration of 13 GW renewable energy from...

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Three Centres of Excellence for Artificial Intelligence will be set up in top educational...

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10,000 bio input resource centres will be set up

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Phase-3 of the eCourt’s project will be launched with an outlay of Rs 7,000...

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500 new waste-to-wealth plants under the Gobardhan Scheme

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Rs 2,200 cr towards Atmanirbhar Clean Plant Programme

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100 labs to be established for developing apps using 5G

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This will offer deposit facility of up to Rs two lakh at 7.5 percent...

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Mahila Samman Savings certificate for a two-year period

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PAN will be used as common identifier for all digital systems of specified govt...

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In a move to boost Tourism, 50 destinations will be selected in challenge mode

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30 Skill India International Centres will be set up across different states

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Govt to launch Pradhan Mantri Kaushal Vikas Yojana 4.0

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Coastal shipping will be promoted

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One cr farmers will get assistance to adopt natural farming

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Battery energy storage systems of 4,000 MWh will be supported with viability gap funding

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All cities and towns will be enabled for 100 percent transition of sewers and...

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Rs 35,000 cr towards energy transition

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National Hydrogen Mission will have an outlay of Rs 19,700 cr

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50 additional airports, heliports, water aerodromes, advanced landing zones to be revitalised

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Capital investment outlay increased steeply for third year in a row to Rs 10...

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50-year interest free loans will continue for states

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Govt has enhanced capex outlay by 33 percent to Rs 10 lakh cr which...

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66 percent increase in PM Awas Yojana to Rs 79,000 crore

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An amount of Rs 75,000 cr for 100 critical transport infra projects

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Capital outlay of Rs 2.40 lakh cr for Railways in FY24

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National digital library for children and adolescents will be set up for facilitating quality...

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In next three years, govt will employ 38,800 teachers and support staff for 740...

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Govt will launch the Atmanirbhar Clean Plant Programme to improve availability of disease-free quality...

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Agri credit to be enhanced to Rs 20 lakh crore

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India to be global hub for Millets

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Indian Institute of Millet Research will be supported as Centre of Excellence

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157 new nursing colleges will be established in core locations

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Agricultural accelerator fund to be setup to support agricultural start-ups

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Seven Priorities of Budget — Saptarishi –Inclusive development, Reaching last mile, Infrastructure and investment,...

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Govt will be implementing scheme to supply free grains to poor under PMGKAY with...

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Promotion of tourism will be taken up on Mission mode

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Digital infrastructure and COVID vaccinations helped India stay on track

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GDP growth for FY23 estimated at 7 percent

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This is the first Budget of Amrit Kaal

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Centre to pay for Garib Kalyan Anna Yojana

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Indian economy has grown from tenth to fifth largest in the world

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Economic growth is expected to be at 7 percent, highest among major economies

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FM Nirmala Sitharaman begins Union Budget 2023

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Finance Minister Nirmala Sitharaman in Parliament, to present Budget at 11 am

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Fiscal Deficit target set at 6.4% for FY23

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Budget Expectations
The country has been through two muted years of growth after economic reforms like demonetisation and GST. As we prepare for another Union Budget...

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