HIGHLIGHTS OF BUDGET 2023

The Union Budget 2023 was presented by the Finance Minister Nirmala Sitharaman on 1st February 2023. Some of the key highlights of the budget are:

Emphasis on infrastructure development: The budget proposed a large allocation for infrastructure development, including the National highways, ports, airports, and urban transport.

Focus on healthcare: The budget proposed an increase in the allocation for healthcare sector, including the launch of a new national health program and the expansion of existing programs.

Boost to agriculture sector: The budget proposed several measures to boost the agriculture sector, including increased investment in rural infrastructure and the development of rural markets.

Digital India push: The budget proposed various measures to promote the digital economy, including the expansion of the Digital India program and the development of a national artificial intelligence portal.

Tax reforms: The budget proposed several tax reforms, including the simplification of the tax code and the reduction of tax rates for small businesses.

Increased allocation for education and skills development: The budget proposed an increase in the allocation for education and skills development, including the launch of a new national education policy.

Focus on financial inclusion: The budget proposed various measures to promote financial inclusion, including the expansion of the Jan Dhan Yojana program and the development of a national digital currency.
These are some of the key highlights of the Union Budget 2023.