Finance minister Nirmala Sitharaman, in her Budget for 2023-24 on Wednesday, announced that the government proposes to continue 50-year interest-free loans to state governments for one more year. and has significantly enhanced outlay to Rs 1.3 lakh crore.
While presenting the annual budget in Parliament today, Sitharaman proposed to revise National Calamity Contingent Duty (NCCD) on specified cigarettes.
The Union Budget is "inclusive", a reflection of Nari Shakti and will take us towards becoming one of top 3 economies, said several senior Bharatiya Janata Party (BJP) leaders.
The scheme will emphasize on On-job training, industry partnership, and alignment of courses with needs of industry. She further highlighted that the scheme will also cover new age courses for Industry 4.0 like coding, AI, robotics, mechatronics, IOT, 3D printing, drones, and soft skills.
To skill youth for international opportunities, 30 Skill India International Centres will be set up across different States, the Finance Minister said.
The Finance Minister announced that an Entity DigiLocker will be set up for use by MSMEs, large business and charitable trusts for storing and sharing documents online securely, whenever needed, with various authorities, regulators, banks and other business entities.
Karnataka Health Minister K Sudhakar on Wednesday praised the Union Budget 2023 and said that the budget is futuristic, growth-oriented and has laid a strong foundation for India at 100 in 2047.
The government proposed to take up 100 critical transport infrastructure projects, for last and first-mile connectivity for ports, coal, steel, fertilizer, and food grains sectors.
Union Finance Minister Nirmala Sitharaman started her speech in the Parliament on Wednesday wherein she termed the Budget the "first budget in Amrit Kaal".