Union Minister for Road Transport and Highways, Nitin Gadkari on Wednesday hailed the Union Budget, saying that envisions a prosperous and inclusive India in which the fruits of development will reach all sections and citizens, especially the youth, women, farmers, OBCs, SCs, and STs.
Goa Pradesh Congress Committee (GPCC) president Amit Patkar on Wednesday gave a thumbs-down to Union Budget, claiming that it did not reflect any willingness on the part of the government to plan for the 'country's growth'.
The stock market responded positively to the Union Budget 2023-24, with the benchmark BSE Sensex recording a surge by more than 1100 points during afternoon trade on Wednesday.
He said Finance Minister Nirmala Sitaraman demonstrated how far removed the government is from the people and their concerns about life, livelihood and the growing inequality between the rich and the poor.
Opposition parties slammed the Union Budget 2023, the last full-fledged Budget of the Modi government in its second term, and said that the Budget offers no solution to address the rampant unemployment, rising inflation as well as the growing inequality between the rich and the poor.
The Union Budget is not people-friendly as it has been prepared keeping in mind the interests of a few businessmen, Jammu and Kashmir People's Democratic Party (PDP) chief Mehbooba Mufti said.
Be it capital expenditure, the asset quality of banks, foreign exchange reserves, GST collections, fiscal consolidation path, and convergence of wholesale and retail inflation, Budget document data showed all these indicators to be on strong ground.
In June 2019, the urban unemployment rate was at 8.9 per cent, which peaked at 20.9 per cent during the COVID period, and has fallen since then to 7.2 per cent in September 2022, data revealed.
Union Minister Piyush Goyal on Wednesday said that the Union Budget 2023-24 presented by Finance Minister Nirmala Sitharaman reflects the mission envisioned by Prime Minister Narendra Modi for India, which is entering the 'Amrit Kaal' to become a developed nation in next 25 years.