The measures, overall, will push private capex higher at a time when the global economy is facing recessionary headwinds, says Andrew Holland
In her Budget Speech, the minister also announced a new small savings scheme for women
Singh said the budget proposals will lead the country towards achieving its goal of becoming a USD 5 trillion economy and "top three" economies globally within a few years
Budget 2023 has more or less maintained the ratio of size of the budget to GDP to around 15 per cent.
Budget 2023: PAN cards will be used as a common identifier for all government schemes, the FM said in her Budget speech
Budget 2023: Finance Minister Nirmala Sitharaman said that the Centre will encourage one crore farmers to take up natural farming
Budget 2023: Nirmala Sitharaman added that the National Data Governance Policy will enable anonymised data and the KYC process will be simplified by adopting a risk-based system
A mission will be launched to eliminate sickle cell anaemia in the country by 2047, says Finance Minister
New scheme likely to lower cost of credit by 1%, allow MSMEs to avail addl collateral free credit guarantee of Rs 2 trn
Railways ministry gets highest-ever capital expenditure allocation, of Rs 2.4 trillion in FY24
Timken India, Praj Industries, AIA Engineering and ABB were among other individual stocks from the S&P BSE Capital Goods index, up 4 - 5 per cent each.
One of the main priorities of the government is building a Digital India during the Amrit Kaal
Karnataka Chief Minister Basavaraj Bommai on Wednesday said that the Union Budget 2023 will be a "pro-people" budget that will support the growth of the economy
Facilities of state-run ICMR labs will be made available for private sector research, says Finance Minister
This is almost 9x the outlay made in 2013-14, says FM; Railways to build 500 Vande Bharat trains, achieve 100% electrification and spearhead an ambitious station redevelopment plan
Budget 2023: The growth of the country at 7 per cent in FY23 will be the highest among all the major economies in the world
Easing of norms to set up and run enterprises will attract investments in a big way; however, the govt should also ensure that populist measures in the budget don't hamper economic growth
Before the cabinet meeting, Sitharaman along with Minister of States Pankaj Chaudhary and Bhagwat Karad met President Droupadi Murmu
The meeting comes ahead of the Budget 2023-24 which will be tabled by Finance Minister Nirmala Sitharaman in Parliament
India's Union Budget for 2023-24 must lay emphasis on improving girls' participation in sports and investing in young sportspersons at the grassroots level, said sports scholar Aman Dhall