First budget of 'Amrit Kaal' will ensure rapid development of country: UP CM Adityanath

The first Union Budget of the "Amrit Kaal" will ensure rapid development of the country and Uttar Pradesh will benefit immensely from it, Chief Minister Yogi Adityanath said on Thursday. He said Uttar Pradesh will get a share of Rs 1.83 lakh crore as compared to Rs 1.46 lakh crore it had received in the previous budget and it will help the state government take up various development works."Seven opportunities have been addressed as ’saptarishi’ in the budget. The 'saptarishi' have been the founders of Indian systems under whose guidance the sanatan traditions of India grew and established India as the leader of the world," the chief minister said at a press conference.

Feb 2, 2023 10:47 PM

Budget does not meet expectations of travel agents: TAAI

Travel agents apex body TAAI on Thursday expressed its "disappointment" over the Union Budget for financial year 2023-24, saying that it does not meet any of its expectations or demands. TAAI (Travel Agents Association of India), however, said it applauds the Finance Minister’s idea of promoting travel on a 'mission mode.' "With the Union Budget 2023-24, Finance Minister Nirmala Sitharaman has shown solidarity towards the tourism sector and has left the travel fraternity hopeful. However, there is a huge wave of disappointment among the travel agent fraternity as the budget holds nothing for this large section."

Feb 2, 2023 9:21 PM

Goa CM Pramod Sawant hails Union Budget; says will try to bring various Central schemes to state

Goa Chief Minister Pramod Sawant on Thursday hailed the Union Budget and said his government will pitch for the setting up of various centrally-sponsored projects in the state.Sawant said his government will seek the establishment of the Artificial Intelligence Centre of Excellence, the Skill India Centre in Goa, among other initiatives. The CM expressed confidence the state will get Rs 2,000 crore for national highway works in fiscal 2023-24, adding his government will submit proposals worth Rs 500 crore for rural infrastructure development.

Feb 2, 2023 7:13 PM

Budget has several provisions for left-out, weaker sections: Finance Secy TV Somanathan

Budget has several provisions for left-out, weaker sections. A major scheme has been brought for Particularly Vulnerable Tribal Group. For women, SC-ST, several schemes & provisions made. Assistance provided to jailed people who don't have money to pay for bail bond: Finance Secy

Feb 2, 2023 5:23 PM

Union Budget 2023 has vision for "new India": Yogi Adityanath

Uttar Pradesh Chief Minister Yogi Adityanath said the Union Budget 2023 has a vision for 'New India'. "The budget talks about the vision for New India, the country's prosperity and aims to serve 130 crore Indians. The budget will fulfil the expectations and aspirations of all sections of society, including the poor, farmers, youth and women. Undoubtedly, it will prove to be a milestone in making India an economic superpower."

Feb 2, 2023 4:40 PM

Union Budget 2023 is a 'comprehensive guideline' for Madhya Pradesh state budget: CM Shivraj Chouhan

The Madhya Pradesh government will keep in mind initiatives like PM Awas Yojana and other schemes mentioned in the Union Budget while preparing the state's budget, said Chief Minister Shivraj Singh Chouhan on Thursday.

“Now we have comprehensive guidelines with us. While drafting the state budget, the schemes will be taken into consideration,” he said.

Feb 2, 2023 3:59 PM

Budget 2023 has very little to offer for marginalised, say rights groups

The National Platform for the Rights of the Disabled (NPRD), in a statement, claimed that the Modi government has continued to neglect the disabled community.

NPRD said that in comparison to the previous year, there is merely a one percent rise in allocation for the sector. It also highlighted that the amount allotted for FY23 was underutilized by Rs 196 crore.

"This year's budget has been no different as far as the disabled community is concerned. They continue to be condemned to the margins and neglected, high-sounding rhetoric like 'inclusive India' notwithstanding," it said.

Feb 2, 2023 3:50 PM

Budget 2023: Here's what is costlier and what has become cheaper

In a slew of announcements made during the 2023 Budget presentation, Finance Minister Nirmala Sitharaman has made some sectors shine and provided relief to tax payers. However, she has also hiked taxes on certain products.

Here’s a look at some of the items that are set to get costlier and some that will get cheaper post the Budget 2023.

Feb 2, 2023 3:42 PM

Budget 2023 LIVE Updates: Gujarat CM Bhupendra Patel terms Budget "development-centric"

Gujarat Chief Minister Bhupendra Patel on Thursday termed the Union Budget 2023-24 as "development-centric," and said it reflects Prime Minister Narendra Modi's vision to make India a developed country.

"The Centre presented a development-centric budget on Wednesday. Along with the aim of making our country 'aatmanirbhar' (self-reliant), this budget reflects PM Narendra Modi's roadmap to make India a developed country. The budget will also prove beneficial for Gujarat," Patel told reporters.

He thanked Finance Minister Nirmala Sitharaman for providing relief to industries that have a sizable presence in Gujarat and said his state would benefit from the annual Budget.

"GIFT City, diamond industry, dairy cooperatives and animal husbandry sector in Gujarat will benefit from this budget. Through this budget, the Centre gave income tax relief of Rs 10,000 crore to the cooperative sugar industry of the country. This will also benefit many sugar cooperative societies in Gujarat," he said.

Feb 2, 2023 3:35 PM

Parliament Budget Session 2023 LIVE: Hindenburg Research 'expose' has created 'fear' among common man: Lok Sabha Congress Leader AR Chowdhury

The Opposition has demanded a Joint Parliamentary Committee probe from the government over the allegations made by a Hindenburg Research report about the Adani Group, Leader of Congress in the Lok Sabha AR Chowdhury said today.

"Hindenburg Research expose has created fear among common man. SBI, LIC have money of common man which was invested. Large section of the country is investing in stock market. We've demanded a Joint Parliamentary Committee probe from government," Chowdhury told ANI.

Like-minded members of the Opposition addressed the media outside the Parliament on Thursday after both Houses were adjourned until tomorrow amid ruckus over the same issue.

Feb 2, 2023 3:29 PM

Budget 2023 shows India is 'investing in a green future': Power Minister RK Singh

Welcoming the focus on green hydrogen in the latest Union Budget, Power Minister RK Singh said India is emerging as a leader in the green fuel with industries that are already in the process of setting up 6 billion tonnes of capacity.

Singh described the Budget as 'investing in a green future' as he spoke about the 10 gigawatt (GW) renewable energy project that would be set up in Ladakh, and a line has also been approved in the Budget for the same for evacuation of power. Read more here.

Feb 2, 2023 3:17 PM

Budget 2023 makes small savings schemes more attractive

Finance Minister Nirmala Sitharaman on Wednesday proposed raising the maximum deposit limit for Senior Citizen Savings Schemes and Monthly Income Schemes. The government has also introduce a new one-time small savings scheme called the 'Mahila Samman Bachat Patra.' Click here to read more about who benefits from these developments.

Feb 2, 2023 3:01 PM

Budget 2023 | CM Nitish Kumar: 'Nothing has been done for poor states like Bihar'

Bihar Chief Minister Nitish Kumar on Thursday, pointing at allocation reductions for the MGNREGA and PM-Kisan Samman Nidhi scheme, expressed his disappointment with the Budget 2023 presented by Finance Minister Nirmala Sitharaman yesterday.

"Nothing is being done in the interest of people. Nothing has been done for poor states like Bihar. There was a provision of Rs 73,000 crore in MNREGA in 2022-2023 but it has been reduced to Rs 60,000 crore. Budget of PM Kisan Samman Nidhi also decreased," Kumar said on Thursday.

Feb 2, 2023 2:55 PM

Parliament Budget Session 2023 LIVE | Lok Sabha, Rajya Sabha to meet tomorrow at 11am after being adjourned again

Lok Sabha and Rajya Sabha sessions resumed at 2pm on Thursday only to be adjourned for the day amid Opposition protests over the Adani issue. Due to the commotion, both the Houses will now resume tomorrow (February 3) at 11am.

Feb 2, 2023 2:41 PM

Budget 2023 reactions | 'Huge benefit for Karnataka in this budget': CM Bommai

Reacting to yesterday's announcement, Karnataka Chief Minister Basavaraj Bommai told reporters on Thursday that the Budget 2023 is a "huge benefit" for his state.

"It's a growth-oriented budget. Rs 10 lakh crore investment in the capital sector will generate employment and $5 trillion economy can be achieved through this budget. There is a huge benefit for Karnataka in this budget," Bommai said.

Feb 2, 2023 2:33 PM

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