Page 8 - Latest Updates on Nirmala Sitharaman
Investing, not saving
More effort on deficit reduction was needed
 "Investing, not saving")
'Reward the rich' politics
With a 10% tax cut for the super-rich, has the Modi government lost it? If this is what we believe, we are still caught in oldthink in our political economy
Fiscally prudent, but electorally savvy
In 2022-23, the finance minister hopes to grow her net revenue receipts by 8 per cent even as her revenue expenditure would increase by a similar rate
A credible effort
The Budget makes all the right noises and avoids the temptation to be populist
 "A credible effort")
PM Modi terms Union Budget 'historic', says it gives priority to deprived
1st Budget of 'Amrit Kaal' is 'historic', meant for the aspirational, PM says
 "PM Modi terms Union Budget 'historic', says it gives priority to deprived")
Budget allocates Rs 4,692 cr for Ministry of Information and Broadcasting
The allocation to the government's autonomous body, Prasar Bharati, has been increased to Rs 2,808.36 crore from Rs 2,764.51 crore allotted to it in the last fiscal
 "Budget allocates Rs 4,692 cr for Ministry of Information and Broadcasting")
A people-centric proposition
The break from giving sops to industry and throwing money at the poor is welcome
 "A people-centric proposition")
The macro-fiscal question
Budget reflects the limitations of a fiscally-strapped government. Increases in capital outlays have matched decreases in public sector capex
Union Budget 2023-24 ready reckoner: A fiscally prudent approach
The Centre stuck with fiscal prudence, projecting a decline in fiscal deficit to 5.9 per cent of GDP in FY24
 "Union Budget 2023-24 ready reckoner: A fiscally prudent approach")
Budget 2023 promises to train students, teachers for the job market
FM announced establishment of 30 Skill India International Centres across different states, launch of a unified Skill India Digital platform for enabling demand driven formal skilling
 "Budget 2023 promises to train students, teachers for the job market")
President's address vs Budget: Housing, free foodgrain, Railways, and more
What did the President say in her Budget session address vs what did the Budget have?
 "President's address vs Budget: Housing, free foodgrain, Railways, and more")
The Budget as a new credibility asset
The Budget reflects a solid continuity and even reinforcement of the development orientations and objectives pursued by the PM over quite a few years now
Union Budget 2023: Big boost for affordable housing under PM Awas Yojana
Experts and key players hail announcements but lament that many of their other expectations remained unfulfilled
 "Union Budget 2023: Big boost for affordable housing under PM Awas Yojana")
Union Budget 2023: Kiren Rijiju hails outlay of Rs 7,000 crore for e-courts
Rijiju has termed the allocation as "unprecedented", which will create paperless courts for faster delivery of justice
 "Union Budget 2023: Kiren Rijiju hails outlay of Rs 7,000 crore for e-courts")
Budget 2023: Govt allocates nearly Rs 12,544 crore to Department of Space
ISRO plans to launch Chandrayaan-3, India's third lunar mission, in July using the Launch Vehicle Mark-3
 "Budget 2023: Govt allocates nearly Rs 12,544 crore to Department of Space")
Sartorial to spending: Green dominates the House during Budget speech
The word 'green' was used by the finance minister 23 times in her 60-plus-minute speech, reinforcing the jungle theme as she moved from thicket to thicket, stumbling occasionally
 "Sartorial to spending: Green dominates the House during Budget speech")
Health and employment: Union Budget's skilling push for job-ready youth
STEPPING UP: PMKVY 4.0, Unified Skill India Platform and stipend for apprentices
 "Health and employment: Union Budget's skilling push for job-ready youth")
Budget: Energy transition gets fund boost, green growth key economic driver
The Centre has entrusted the oil ministry, which naturally has the highest fossil-fuel footprint, to steer the energy transition of the country
 "Budget: Energy transition gets fund boost, green growth key economic driver")
Budget 2023: GIFT City gets a big boost as govt announces several sops
Pnotes issued at IFSC will be recognised by bourses; as on December 2022, FPIs' pnote holding at just Rs 96,000 cr
Budget lays roadmap to train lakhs of youth in the next three years: FM
Moreover, to skill youth for international opportunities, 30 Skill India International Centres will be set up across different states, Sitharaman said
