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

12:10 PM

Govt to take up mangrove plantation under new 'MISHTI scheme'

Govt to take up mangrove plantation along the coastline under the new MISHTI scheme: FM Sitharaman

Govt to promote conservation values through a scheme to encourage optimal use of wetlands: FM

12:08 PM

Budget LIVE: Fiscal deficit pegged at 5.9% of GDP for FY24

Fiscal deficit pegged at 5.9% of GDP for FY24, says FM Sitharaman

12:08 PM

Budget LIVE: Pradhan Mantri Kaushal Vikas Yojna 4.0 to be launched

Pradhan Mantri Kaushal Vikas Yojna 4.0 will be launched to skill lakhs of youth: FM Sitharaman

 

30 Skill India international centres to be set up: FM Sitharaman

12:06 PM

Budget 2023-24: Govt launches PM-PRANAM to promote alternative fertilisers

PM-PRANAM will be launched to incentivise states to promote alternative fertilisers: FM
 

Govt to facilitate 1 crore farmers to adopt natural farming: Sitharaman

12:02 PM

Budget provides for Rs 35,000 cr for priority capital investment towards energy transition, net zero objective

Govt targeting 5 MT of Green Hydrogen production by 2030: FM Sitharaman

 

Budget provides for Rs 35,000 cr for priority capital investment towards energy transition and net zero objective: FM Sitharaman

 

Green credit programme will be notified to incentivise environmentally sustainable and responsible actions by companies: FM

11:58 AM

If MSMEs fail to execute contract, 95% of performance security to be returned

If MSMEs fail to execute contract, 95 per cent of performance security will be returned to small business as part of Vivad Se Vishwas: Sitharaman

 

Govt to bring another dispute resolution scheme under Vivad Se Vishwas-2 to settle commercial disputes: Sitharaman

 

 

11:54 AM

Budget 2023-24 LIVE: Phase-III of e-courts will be launched

Phase-III of e-courts will be launched: FM Sitharaman

11:53 AM

Budget LIVE: PAN to be common identifier for digital systems of govt agencies

Govt to bring National Data Governance policy: FM Sitharaman

 

National Data Governance Policy will enable anonymised data; KYC process will be simplified by adopting risk-based system: Sitharaman

 

PAN will be used for common identifier for all digital systems of specified government agencies: FM Sitharaman

One stop solution for reconciliation and updating of identity of individuals be established: FM Sitharaman

 

 

11:50 AM

Budget 2023 LIVE: Govt to create Urban Infrastructure Development Fund

Govt to create Urban Infrastructure Development Fund on lines of Rural Infrastructure Development Fund; to be managed by NHB: FM Sitharaman

 

11:49 AM

Govt decriminalizes 3,400 legal provisions for enhancing 'ease of doing business'

For enhancing ease of doing business, more than 39,000 compliances have been reduced, over 3,400 legal provisions decriminalised: FM

11:48 AM

Budget 2023 LIVE: Govt to set-up 3 centres of excellence for AI

Three centres of excellence for artificial intelligence will be set up in top educational institutions: FM Sitharaman

 

11:46 AM

Budget 2023: FM Sitharaman says states, cities will be encouraged to take up urban planning

Highlights

Newly-established infrastructure finance secretariat will assist all stakeholders in more private investment: FM Sitharaman

 

Expert committee to be set up to make infrastructure classification and financing framework suitable for Amrit Kaal: FM Sitharaman

 

100 critical transport infrastructure projects have been identified for implementation: Finance Minister

 

All cities and towns will be enabled for 100% transition of sewers and septic tanks from manhole to machine hole mode, says FM

 

Cities will be encouraged to increase creditworthiness for municipal bonds: FM Sitharaman

11:45 AM

Budget LIVE: National Digital Library to be set-up, says FM

A National Digital Library for children and adolescents will be set up for facilitating the availability of quality books across geographies, languages, genres and levels and device-agnostic accessibility: FM Nirmala Sitharaman

 

States will be encouraged to set up physical libraries for them at panchayat and ward levels and provide infrastructure for accessing the National Digital Library resources, the FM added further.

11:42 AM

Centre to continue 50-year interest-free loans to state govts for another year: FM

Centre to continue 50-year interest-free loans to state governments for one more year: FM

11:38 AM

Budget 2023-24 LIVE: Capital investment outlay increased for third year

Capital investment outlay is being increased steeply for third year in a row to Rs 10 trillion, says FM

Enhanced Capex of Rs 10 trillion for infra development is 3.3 per cent of the GDP: FM Sitharaman

 

Capital outlay of Rs 2.40 trillion for railways fixed for 2023-24: FM