Budget LIVE: Rs 35,000 cr for net-zero carbon emission goals, says FM

Finance Minister Nirmala Sitharaman presented the last full Budget of the Modi government before general elections 2024 on February 1. Catch all latest updates on Union Budget 2023-24 here

3:14 PM

Union Budget 2023: 3 Centres of Excellence for AI proposed to be set up in top educational institutions

Three Centres of Excellence for Artificial Intelligence have been proposed to be set up in top educational institutions, said Union Finance Minister on Wednesday in her budget speech.

3:00 PM

Budget 2023-24: Not addressing real sentiment of country, says Venugopal

This budget isn't addressing real sentiment of country that's unemployment and price rise. It only had fancy announcements that were made earlier too but what about implementation? Only insurance companies were benefited from PM Kisan Yojana not farmers: Congress Gen Secy KC Venugopal

2:59 PM

Union Budget 2023-24 visionary, far-sighted: JP Nadda

First budget of Amrit Kaal shows the visionary and far-sighted leadership of PM Modi. This budget shows our stable economy, power of young India & multicultural work ethics. This budget highlights core vision of PM Modi as it brings schemes for people at bottom of pyramid: BJP chief

2:57 PM

A 'green budget' for automotive, mobility sectors: CarTrade Tech on Union Budget 2023

"The Union Budget 2023-2024 announced by Finance Minister Nirmala Sitharaman is progressive, prudent and growth-led, with an eye to provide impetus on the savings of the public. It is a 'green budget' for the automotive and mobility sectors. The sustainability measures taken through announcements on green hydrogen and other energy sectors will help in furthering the government’s target of carbon neutrality by 2070. The increased Capex outlay on energy transition is likely to spur investments and skill development in a green economy," said Banwari Lal Sharma, CEO ,  Consumer Business, CarTrade Tech Ltd. 

 

The viability gap funding for battery energy storage systems is also likely to create critical infrastructure, while custom duty reduction on capital goods for Lithium batteries manufacturing will facilitate faster adoption of EVs, he added.

 

Further, he said that the increase in spending on infrastructure, setting up of 50 new airports and heliports, creation of 100 transport infrastructure projects are welcome moves, in addition to the central support for replacing old vehicles. All of these should drive consumption and overall demand of vehicles.

2:51 PM

Budget 2023-24: Changes in income tax slabs will not help anyone, says Mamata

This Budget does not address India's unemployment issue. Union Budget prepared eyeing the 2024 Lok Sabha elections. Changes in income tax slabs will not help anyone. : West Bengal CM Mamata Banerjee

Calling the Union Budget "totally opportunistic" and "anti-people", Mamata said, "Poor will be deprived, while only one class of people will benefit from this Budget."

 

 

2:48 PM

Budget 2023-24 has vision for 'New India': UP CM Adityanath

"The budget talks about the vision for New India, the country's prosperity and aims to serve 130 crore Indians," he said in a series of tweets in Hindi.

2:44 PM

Budget 2023: Delhi gets step-motherly treatment, says Arvind Kejriwal

Delhi gets step-motherly treatment; we paid over Rs 1.75 lakh cr income tax last year, only Rs 325 cr allocated, says CM Arvind Kejriwal on Union Budget 2023.

2:40 PM

Success of digital payments has to be replicated in agri sector: PM Modi

Success of digital payments has to be replicated in agri sector; in Union Budget we have brought a scheme for digital agriculture infra: PM Modi

 

2:40 PM

Investment in infra will give speed, new energy to development: PM Modi

Unprecedented investment of Rs 10 trillion in infrastructure will give speed and new energy to development: PM Modi on Union Budget

2:32 PM

Budget 2023-24 is for sustainable future: PM Modi

This budget is for a sustainable future further encouraging green energy, green growth, green infrastructure, and green jobs. We have focused on technology and new economy in the budget: PM Narendra Modi on Union Budget 2023 

2:27 PM

Vishvakarma's get scheme for training, support for first time: PM on Budget 2023

Those toiling traditionally through their hands for the country, 'Vishvakarma' are the creators of this country. For the first time scheme related to training and support for 'Vishvakarma' has been brought in the budget: PM Narendra Modi on Union Budget 2023 

2:25 PM

Govt took several steps to make lives of women easy: PM Modi on Budget 2023

Govt has taken several steps to make the lives of women, in rural and urban areas, easy. Women's self-help groups will further enhance them. Special savings scheme will be started empowering women in households: PM Narendra Modi on Union Budget 2023 

2:23 PM

Budget LIVE: Will fulfil dreams of aspirational society, farmers, middle class, says PM Modi

Our Govt has taken several steps to empower the middle class and ensure ease of living. We have reduced tax-rate and have given relief accordingly: PM Modi

2:19 PM

Amrit Kaal's first budget provides foundation to fulfil resolve for developed India: PM Modi

Amrit Kaal's first budget provides foundation to fulfil resolve for a developed India: PM Modi on Union Budget.

2:13 PM

Budget '23 infuses new energy to India's development trajectory: PM Modi addresses nation

PM Modi addresses nation, says this year's Budget infuses new energy to India's development trajectory