In the Union Budget 2023 presented by Finance Minister Nirmala Sitharaman on Wednesday, she stated that this is the last budget of the Modi 2.0 government before the General Elections in 2024 and the first of the “Amrit Kaal”.

She aims to continue building on previous budget plans and create a blueprint for India’s future growth. The budget projects a 7% growth rate for India in FY23, which would make it the highest among major economies worldwide

Here are the key points the FM has announced so far 

  1. The Indian government has transferred 2.2 trillion rupees under PM Kisan Yojana, and the country is becoming more formalized.
  2. The government has implemented the PM Garib Kalyan Ann Yojana, providing free food grains to certain households for a year, and has taken steps toward food security.
  3. The finance minister has identified seven priorities for the budget, including inclusive development, investment in infrastructure, green growth, and youth empowerment.
  4. The government’s focus for India@100 is to provide opportunities for citizens, boost growth and job creation, and maintain macroeconomic stability.
  5. The government will establish an agriculture accelerator fund and build digital public infrastructure for agriculture.
  6. A Rs 2,200 crore Aatmanirbhar Clean Plan program will be launched.
  7. The tourism sector will be promoted in a “mission mode.”