Union Cabinet approves Budget 2023-24

New Delhi: Prime minister Narendra Modi address media outside the Parliament building, during the joint session of Parliament on the opening day of the Budget Session, in New Delhi,on Tuesday, Jan 31, 2023.(Photo: Qamar Sibtain/IANS)

New Delhi: The Union Cabinet meeting chaired by Prime Minister Narendra Modi on Wednesday approved the Budget 2023-24 ahead of it being tabled by Finance Minister Nirmala Sitharaman in Parliament.

Before the cabinet meeting, Sitharaman along with Minister of States Pankaj Chaudhary and Bhagwat Karad met President Droupadi Murmu.

“Union Minister of Finance and Corporate Affairs Smt Nirmala Sitharaman, MoS Dr Bhagwat Kishanrao Karad, MoS Shri Pankaj Chaudhary and senior officials of the Ministry of Finance called on President Droupadi Murmu at Rashtrapati Bhavan before presenting the Union Budget 2023-24,” the President tweeted.

This is the fifth Budget presentation by the Union Finance Minister.

She will lay a statement of the estimated receipts and expenditure of the government for 2023-24 in Parliament.

The Finance Minister will also lay out statements of the Fiscal Responsibility and Budget Management (FRBM) Act, 2003, on medium-term fiscal policy cum fiscal policy strategy and on macro-economic framework.

Sitharaman will further introduce the Finance Bill 2023 in the Lower House.IANS

Amul hikes milk price by Rs 2/ltr in Gujarat

Ahmedabad: The Gujarat Cooperative Milk Marketing Federation (GCMMF) on Saturday hiked the Amul milk price by Rs 2 per litre in the state. This marks the first increase in milk...

Centre unveils foreign trade policy 2023-2028, focus on boosting exports to $2 tn

New Delhi: The Centre on Friday unveiled new foreign trade policy for the period 2023 to 2028 with the aim of boosting exports to $2 trillion by 2030, even as...

Dismantle India’s Big 5 conglomerates to increase competition, says former RBI Deputy Governor

New Delhi: Former RBI Deputy Governor Viral Acharya has called for dismantling India's largest conglomerates to increase competition and to reduce their pricing power. In a new paper for Brookings,...

EPFO fixes 8.15% interest rate on employees’ provident fund for 2022-23

New Delhi: Retirement body employee provident fund organisation (EPFO) on Tuesday fixed 8.15 per cent interest rate on the employees' provident fund for 2022-23. The decision was taken by EPFO's...

Delhi govt presents Rs 78,800 cr budget, earmarks Rs 16,575 cr for education

New Delhi: Delhi Finance Minister Kailash Gahlot on Wednesday presented a Rs 78,800 crore budget in the Assembly for the financial year 2023-24. It was the first budget for Kailash...

Foxconn investment proposal cleared by Karnataka high-level committee

Bengaluru: The Karnataka State High-Level Clearance Committee (SHLCC) has approved Foxconn's investment proposal to manufacture mobile devices at facilities expected to come up in Doddaballapur and Devanahalli, an official statement...

Centre’s debt/liabilities at 57.3% of GDP

New Delhi: The total amount of the Central government debt or liabilities is estimated at about Rs 155.8 lakh crore (57.3 per cent of GDP), as on March 31, the...

Delhi govt tables Eco Survey, per capita income grew by 14.18% in 2022-23

New Delhi: The national capital's per capita income grew by 14.18 per cent at the current prices in 2022-23 to Rs 4,44,768 compared to Rs 3,89,529 during 2021-22, the Delhi...

Stock markets across Asia fall as global banking fears widen

Hong Kong: Stock markets across Asia fell on Thursday as troubles at international banking giant Credit Suisse intensified fears of a wider bank crisis. Major indexes in Japan, Hong Kong...

Two US bank failures not to impact banks in India, APAC: Moody’s

Chennai: The successive failure of two private banks in the US -- Signature Bank and Silicon Valley Bank -- though would result in tightening of liquidity in the global debt...

Scientists agree that money can buy happiness

New York, March 13 (IANS) People get happy as they earn more, according to a new study which overturns the dominant thinking that money cannot buy happiness. The study published in...

‘Banking system is safe’: Biden reassures markets, people

Washington: US President Joe Biden on Monday attempted to reassure Americans that the banking system will hold up, media reports said. "Thanks to the quick action in my administration over the...

Read Previous

Boeing delivers last 747 jumbo jets

Read Next

BJP plans nationwide campaign on Budget to highlight ‘pro-people’ measures

Leave a Reply

Your email address will not be published.

WP2Social Auto Publish Powered By : XYZScripts.com