“Poor People Need To Be Looked After By The Democratic Politics”

As the majority of Indian experts noted that the Union Budget 2023-24 has introduced several opportunities to make India more self-reliant, it becomes necessary to critically analyse the entire budget to get a clear picture of government policies and announcements. While speaking in a session organised by BW Businessworld on Budget Day, Meghnad Desai, Leading Economist and Author called it an alright budget while also showing his worries about cutting off the taxes. He said, “I am actually very averse to cutting taxes because India very much relies on foreign…

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Creating Employable Youth Should Have Our Entire Focus: Aruna Sharma

Former secretary for the Indian government’s ministry of electronics, information technology, and steel, Aruna Sharma, spoke with BW Businessworld on the Union Budget 2023–24. She shared her initial thoughts on the budget. In her initial response to the FM’s Budget 2023–24, Sharma stated, “The heart is where it should be.” The budget has made it more likely to identify what works, what corrections are required, and whether those corrections are fully or partially implemented, the speaker continued. The government highlighted the nearly Rs 7.5 lakh crore budget allocation for infrastructure…

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Budget of Rs 13,539 Cr Allocated To Maharashtra For Railways: Vaishnaw

Minister of Railways, Communications, Electronics and Information Technology Ashwini Vaishnaw said that the allocated budget of 13,539 crore for railways in Maharashtra was 11 times the average allocated budget between 2009 to 2014 while addressing a video press conference on Friday in Delhi.  He said that it will have a very good effect. The centre is getting good cooperation from the Eknath Shinde-led government. “The bullet train project did not get any approval from the state government when Uddhav Thackeray was the Chief Minister of Maharashtra,” Vaishnaw added. He informed…

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Union Budget 2023-24: A Blueprint For Developed Economy

“This is the first Budget in Amrit Kaal,” said Union Finance Minister Nirmala Sitharaman on 01 February while presenting the crucial and much-awaited Union Budget 2023-24.   In a time when the entire world is preparing for an economic slowdown, Sitharaman’s budget aims to build on the framework established by the previous budget and the design created for [email protected] “Our vision for the Amrit Kaal includes a technology-driven and knowledge-based economy with strong public finances, and a robust financial sector. To achieve this, Jan Bhagidari through Sabka Saath Sabka Prayas…

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A Growth-Oriented, Inclusive Budget

Finance Minister Nirmala Sitharaman has delivered a growth-oriented and inclusive Budget that aims to fulfil the aspirations of one of the fastest growing major economies in the world.  The finance minister has desisted from presenting a populist budget ahead of 2024 general elections and targeted a lower fiscal deficit for FY24. She has unveiled measures to create better infrastructure, improve ‘ease of doing business,’ encourage pharma innovation, spur domestic consumption and galvanise climate action through a thrust on green economy and energy transition. Fiscal Discipline Maintained The finance minister must…

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Startups Missing In The Budget 2023

India is now the third largest ecosystem for start-ups globally and ranks second in innovation quality among middle-income countries. The number of recognised startups has increased to 84,012 in 2022, up from 452 in 2016, because of investment incentives and easing business compliances. About 48 per cent of Indian startups are now from Tier II and beyond cities. The Union Budget FY 24 spelt out its vision for the ‘Amrit Kaal’, to be pegged on a technology-driven and knowledge-based economy, with strong public finances and a robust financial sector.  This…

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Union Budget 2023 ticks the right boxes for India’s digital health infrastructural ambitions, Health News, ET HealthWorld

By Abhishek Bhatia New Delhi: Amidst a lot of predictions, speculation, and punditry, the Union Budget 2023–24 was out on Wednesday. Although Finance Minister Nirmala Sitharaman‘s speech in Parliament did not include enough references to healthcare, some of the announcements about artificial intelligence (AI), data governance, and 5G policy decisions have raised many eyebrows. Experts speaking to ET Healthworld shared multiple viewpoints, but one key takeaway that came out was that these steps can potentially transform the way the healthcare industry functions on many different levels. As anticipated earlier by…

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Kolkata Metro Gets Rs 2,550 Cr For Dum Dum Airport & BBD Bagh Metro Project

In the recently announced Union Budget by the Ministry of Finance on 1 February, the Kolkata Metro received the highest budgetary allocation of Rs 2,550 crore for the fiscal year 2023-24.  The budget allocation includes a grant for two projects- Dum Dum airport to New Garia and Joka to Binoy Badal Dinesh (BBD) Bagh. Both projects will be executed under Rail Vikas Nigam (RVNL). Kolkata Metro is fully owned by and works under Indian Railways. It is the country’s first metro network. For the Joka to Binoy Badal Dinesh Bagh…

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Youth, Sports Get Stimulus With Budget Allocation Of Rs 3397.32 Cr

In the FY2023-24 budget, the Centre has given the Ministry of Youth Affairs and Sports a fillip with an allocation of Rs. 3397.32 crores. The Budget allocation for the Ministry of Youth Affairs and Sports has been increased by 11 per cent in comparison to FY 2022-23. This is the highest-ever budget allocation for the Ministry since 2010 when Commonwealth Games were held in India. The Budget allocation is more than three times the budget of 2011-12 and is almost two times the budget of 2014-15. In a statement, Union…

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Youth, Sports Gets Stimulus With Budget Allocation Of Rs 3397.32 Cr

In the FY2023-24 budget, the Centre has given the Ministry of Youth Affairs and Sports a fillip with an allocation of Rs. 3397.32 crores. The Budget allocation for the Ministry of Youth Affairs and Sports has been increased by 11 per cent in comparison to FY 2022-23. This is the highest-ever budget allocation for the Ministry since 2010 when Commonwealth Games were held in India. The Budget allocation is more than three times the budget of 2011-12 and is almost two times the budget of 2014-15. In a statement, Union…

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