FM Nirmala Sitharaman Starts Presenting Budget Union Budget 2023 For Fifth Time | Key Points
Edited By: Abhro Banerjee
Last Updated: February 01, 2023, 11:28 IST
Finance Minister Nirmala Sitharaman will be presenting her fifth budget at Parliament this year.
Under Sitharaman, India has weathered the Covid pandemic with an array of policy measures announced for the poor and continued its tag of the fastest growing major economy and a ‘bright spot’ in world economy
Finance Minister Nirmala Sitharaman has started presenting the Union Budget 2023 and she is the sixth minister in India to present five consecutive budget, joining a select league of legends likes of Manmohan Singh, Arun Jaitley and P Chidambaram.
Beginning the speech saying “this is the first budget in Amrit Kaal”, FM Sitharaman said that during the Covid pandemic, the government ensured nobody went to bed hungry with a scheme to supply free foodgrains to over 80 crore persons for over 28 months.
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Sitharaman’s budget for the fiscal year starting April 2023 is her fifth straight since 2019. After taking charge of the Finance Ministry in the Modi Government in 2014, Jaitley presented five budgets in a row from 2014-15 to 2018-19.
While tabling the budget Finance Minister Nirmala Sitharaman said: “Indian economy has increased in size from being the 10th to 5th largest in the world in the past 9 years. We have made significant progress in many SDGs, economy has become lot more formalized, efficient implementation of schemes has brought about inclusive development.”
Promotion of Tourism Done On Mission Mode
Promotion of tourism will be taken up on mission mode, said Finance Minister Nirmala Sitharaman in Budget 2023 speech. Our vision for the Amrit Kaal includes a technology-driven and knowledge-based economy, with strong public finances and a robust financial sector. Achieving this ‘janbhagidari’ through ‘Sabka Saath, Sabka Prayaas’ is essential, said FM Nirmala Sitharaman.
Living A Life of Dignity
Government’s efforts since 2014 have ensured for all citizens, a better quality of life & life of dignity. The per capita income has more than doubled to Rs 1.97 lakh. In these 9 years, the Indian economy has increased in size from being 10th to 5th largest in the world, said Nirmala Sitharaman.
She also added: “In these times of global challenges, India’s G20 presidency gives us a unique opportunity to strengthen India’s role in the world economic order.”
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