Union Budget 2023: For whom what announcements were made… Know Nirmala Sitharaman’s complete budget speech in 10 points

Union Finance Minister Nirmala Sitharaman said during her budget speech that the Indian economy is on the right track, and moving towards a bright future. During the Covid pandemic, we ensured that no one sleeps hungry with a plan to supply free food grains to over 80 crore persons for 28 months. He said that this is the first budget of Amrit Kaal. This is the budget of India’s vision after 100 years of independence. In this budget, there is a framework for the development of all sections of the society, from farmers, middle class, women.

Finance Minister Nirmala Sitharaman said that in this time of global challenges, India’s G20 presidency gives us a unique opportunity to strengthen India’s role in the world economic system. The efforts of the government since 2014 have ensured a better quality of life and a dignified life for all citizens. Per capita income has more than doubled to Rs 1.97 lakh. In these 9 years the size of Indian economy has increased from 10th to 5th largest economy in the world. That is, the Indian economy reached the fifth place from the 10th place in the world.

Finance Minister Nirmala Sitharaman said that Rs 2 lakh crore is being borne by the central government under the Pradhan Mantri Garib Kalyan Anna Yojana. Under the Antyodaya scheme, the supply of free food grains to the poor has been extended for one year. He further said that our economic agenda is focused on facilitating opportunities for citizens, accelerating growth and job creation, and strengthening macroeconomic stability.

Nirmala Sitharaman said that our economic agenda is focused on facilitating opportunities for citizens, accelerating growth and job creation, and strengthening macroeconomic stability. He said that priority will be given to startups related to agriculture. Agriculture Accelerator Fund will be set up to encourage agri-startups by young entrepreneurs.

Finance Minister Nirmala Sitharaman said that the agricultural credit target will be increased to Rs 20 lakh crore with focus on animal husbandry, dairy and fisheries. In this, attention will be given to animal husbandry, dairy industry and fisheries. He further said that a national digital library for children and adolescents would be set up.

In the budget, it was announced to start ‘PM Vishwakarma Kaushal Samman’ scheme for traditional handicraft artisans. Apart from financial support, technical help will also be given. Finance Minister Nirmala Sitharaman said that the PM Vishwakarma Kaushal Samman package has been envisaged for traditional artisans and craftsmen, which will enable them to improve the quality, scale and reach of their products while integrating them with the MSME value chain.

Nirmala Sitharaman announced that 157 new nursing colleges will be set up in collocation with the existing 157 medical colleges from 2014. He said that the 7 priorities of Budget 2023 are inclusive growth, reaching the last mile, infrastructure and investment, unleashing potential, green growth, youth power and financial sector.

He said that PMPBTG Development Mission will be launched to improve the socio-economic condition of tribal groups, so that basic facilities can be provided to PBTG settlements. 15,000 crores will be made available to implement the scheme in the next 3 years. He said that a capital outlay of Rs 2.40 lakh crore has been made for the Railways in the budget. At the same time, the outlay of PM Awas Yojana is being increased by 66% to 79,000 crores.