Thread by @kishanJNU

Current year Estimated GDP growth 7%
#Budget2023

Per capita income doubled in last 9 years
#Budget2023

Universalisation of targeted scheme
Hahahahaha
#Budget2023

Make all targeted scheme as universal scheme Madam FM.
PDS and MGNREGA is the priority.

First Budget of Amrit Kal
#Budget2023
:)

PM-VIKASH
helping the underprivileged.

No data on subsidy and all...

Seven priorities
Sapt Rishi for Amrit Kal
#Budget2023

Inclusive Development

Reach the last people

Green growth
Youth power
Financial Inclusion
#Budget2023

Millete is now renamed as Shree Anna
#Budget2023

FM should announce the MSP of Millete as well.
It would be better.

#Budget2023

Ministry of Cooperation
Shahkar ke Samrudhi
#Budget2023

9.6 crore LPG Connections, 220 Crore COVID vaccinations for 102 crore people given, 47.8 Jan Dhan accounts opened #Budget2023

Agritech Boost in #Budget2023
- Credit & insurance, farm inputs market intelligence, support for agritech industry & startups
- Announced Digital public infrastructure for Agriculture – open source digital public good
- Inclusive farmer-centric solutions

1 Inclusive development
2 Reaching the last mile
3 Infrastructure investment,
4 Unleashing the potential
5 Green growth,
6 Youth
7 Financial sector

PVTG for tribal and vulnerable development
#Budget2023

38800 tecahers appointment for Eklavya Model Schools
#Budget2023

Outlay for PM AAWAS increased by 66 %

Financial support will be provided to poor people in jail unable to pay bail #Budget2023

157 new nursing colleges will be established in colocation with the existing 157 medical colleges established since 2014

Capital investment outlay for infrastructure increased for 3rd year in a row by 33% to 10 Lakh Crores - 3.3% of GDP

#Budget2023

PM Awas Yojana Fund Increased By 66% To Rs 79,000 Cr, Finance Minister

The government initiated computerization for 63,000 primary agricultural credit societies with an investment of Rs 2,516 crore.

Effective government capex will be Rs 13.7 lakh crore, forming 4.5% of the GDP. Positive for infrastructure and capital goods sector
#Budget2023

50 ADDITIONAL AIRPORTS TO COME UP.
#Budget2023 #BudgetSession #Adaniscam

2.4 LK CR for Railway

2019 - ₹3.1 Lakh Crore
2020 - ₹3.4 Lakh Crore
2021 - ₹4.4 Lakh Crore
2022 - ₹5.5 Lakh Crore
2023 - ₹7.5 Lakh Crore
2024 - ₹10.5 Lakh Crore
Capital expenditure in the Budget
#Budget2023

3 centres of excellence for artificial intelligence will be set up in top education institutions

A system of unified filing process will be set up

over 39000 compliance reduced.

Unified filing process for various government agencies, on a common portal, inter-agency sharing, as per filers choice.

MSMEs to get 95% of forfeited amount for contract failure during COVID

#Budget2023

National Data Governance Policy will be brought out. #Budget2023

Phase 3 of E-Courts project will be alloted Rs. 7000 crores

Tech is the way to go
100 labs for the 5G enabled app development.

#Budget2023

Farm Credit Limit for FY24 raised to Rs 20 Lakh crore, beneficial for Agrochem and Seed companies

PM-PRANAM
HAHAHAHAHAHA
#Budget2023

GOVARDHAN scheme for bio energy
#Budget2023

This Budget provides for Rs 35,000 crores towards energy transition and net zero emissions #Budget2023

Budget provides for 35,000 crore for priority capital investment towards energy transition

- Aim to reach Green Hydrogen production of 5 MMT
by 2030
#Budget2023

13 GW green energy from Ladakh via investment of ₹20,700 cr," Nirmala Sitharaman announces in a boost to green economy #Budget2023

All cities and towns will be enabled for 100% mechanical de-sludging of septic tanks & sewers to transition from manhole to machine hole mode #Budget2023

Replacing old polluting vehicles. Central govt & state govt vehicles
#Budget2023

The PM Program for restoration, awareness nourishment and amelioration of mother earth (PM PRANAM) will be launched to incentivize states and Union Territories to promote alternative fertilizers and balanced use of chemical fertilizers

#Budget2023

Swadesh Darshan Scheme; Dekho Apna Desh
#Budget2023

50 tourist destinations will be selected through challenge mode to be developed as a whole package for domestic and international tourism
#Budget2023

Mahila Samman Bachat Patra
hahahahaha
Unique Name giving competition #Budget2023

A new savings scheme for women and girls upto 2 lakhs for 2 years tenure @ 7 % interest with partial withdrawal option
#Budget2023

Fiscal Defict of states limited at 3.5 % of GSDP
Of which 0.5 % to electricity
#Budget2023

my intention to bring the fiscal deficit below 4.5% of GDP by 2025-26 : FM
#BudgET2023

#Budget2023 Fiscal deficit in FY 24 projected at 5.9%, for FY23, 6.4% as estimated

Senior Citizen Savings Scheme limit increased to Rs 30 lakhs from Rs 15 lakhs #Budget2023

Fiscal deficit estimate for FY23 at 6.4%
Fiscal deficit projection for FY24 at 5.9%
Govt aims to bring the fiscal deficit down below 4.5% by 2025.

FY 24 BE

Total Revenue: 27.2 trillion
Total Expenditure : 45 trillion

10 year Gsec at 7.33%
#Budget2023

Net market borrowing at Rs. 11.8 trillion
#Budget2023

Basic custom duty reduced to 13% from 21 for other than textile products
#Budget2023

16% increase in tax to few category of cigarettes.

Presumptive tax benefit for turnover of 3cr for business & 75lacs for professional

#Budget2023 direct-tax

PRESUMPTIVE TAXATION limit increased from 2 crores to 3 crores for business enterprises provided cash receipts are not more than 5 percent

#incometax #Budget2023

#Budget2023 Deduction under Section 54 and 54F capped when invested in residential property at Rs 10 crores, along with changes in tax free status of high value insurance policies, and changes in tax on MLDs.

Increase rebate limit to Rs. 7 Lakh under personal income taxes.

#Budget2023

Tax structure slabs only 5. New tax slabs introduced. Above 15 lakhs 30%. #Budget2023

Tax rates under the new tax regime will be:

0-3 lacs - nil
3-6 lacs will be 5%
6-9 lacs will be10%
9-12 lac lacs will be15%
above 15 Lac will be 30%

#Budget2023 #incometax

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