Odisha Chief Minister Naveen Patnaik on Wednesday gave a measured response to the Union budget, hailing a few key announcements but also denouncing some of the declarations made by the Centre.
The Union minister also announced a National Data Governance Policy, which will enable access to anonymised data. The Finance Minister said this will unleash innovation and research by start-ups and academia.
Uttar Pradesh Finance Minister Suresh Khanna welcomed the Union Budget, saying that it will benefit the common citizen and also create demand in the market.
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.
Bharat Rashtra Samithi MLC Kavitha Kalvakuntla on Wednesday termed the Union Budget presented by Union Finance Minister Nirmala Sitharaman as a "failure" of the Central government.
Finance Minister Nirmala Sitharaman presented the Union Budget 2023 today in Lok Sabha. This was the third time in a row that the government presented the budget in a paperless form.
Union Finance Minister Nirmala Sitharaman on Wednesday announced an increase in the income tax rebate limit from Rs 5 lakh to Rs 7 lakh stating that the new tax regime will now be the default tax regime.
As the Union Budget for the financial year was presented, goods like camera lenses and mobile phones will become cheaper, while goods like electric kitchen chimneys and articles of gold and platinum will become costlier.
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.