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What is Budget at a Glance
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Catch all latest updates on Union Budget 2023-24 here as Finance Minister Nirmala Sitharaman presents the last full Budget of the government before General Elections 2024
Catch all latest updates on Union Budget 2023-24 here as Finance Minister Nirmala Sitharaman presents the last full Budget of the government before General Elections 2024
Budget 2023 LIVE updates: Finance Minister Nirmala Sitharaman presented the annual Union Budget 2023-24 in Parliament today. Follow Business Standard for Budget highlights
In India, the average length of a budget speech is about 13,600 words and takes over two and a half hours to complete
The amount is part of the Centre's Rs7.5 capex outlay for the next year.
Based on Sitharaman's statement, the finance ministry's own real GDP projection is closer to that of the Reserve Bank of India
The worrisome issue of fiscal consolidation remains a major concern
In 2021-22, Uttarakhand allocated 5.12 per cent of its total Budget (Rs 3,438.84 crore) to health
'There are a lot of claims about how important the sector is, but nobody really knows. So it's only when we begin to tax it will we get the scale of it', he said
Budget announcements on taxing digital assets and creating a digital rupee involve complex issues that need to be addressed first
'A finance minister under Manmohan Singh would in 2022-23 have crafted a Budget emphasising the three Ws - work, welfare and wealth', he said
Government allocations on health and education do not meet its targets and consistently fall short in terms of actual spending
The last time India's real GDP was at 8 per cent-plus was in 2015-16 (8 per cent) and 2016-17 (8.3%)
'The status of mega projects under the control of state governments is not available', says the author
Even as the total allocation has increased, it has fallen as a percentage of GDP
The government has enhanced its capital expenditure significantly with specific focus on infrastructure in areas of railways, roads, and logistics
'We are left with some open issues which need clarifications on the VDA', said Aravind Srivatsan