Budget 2023 24

Budget 2023 24 News

Union Budget 2023-24 puts India on the path to food and energy security
Opinion

Union Budget 2023-24 puts India on the path to food and energy security

By extending Centre's 50-year low-cost capital support by another year, states can clean up their balance sheet for future financing

Budget 2023 recognises infrastructure as nation’s growth engine
Opinion

Budget 2023 recognises infrastructure as nation’s growth engine

Increased government expenditure leads to job creation in addition to boosting private consumption and investment spending

An open letter to Sonia Gandhi: Does decrease in MNREGA outlays equal 'a silent strike on India’s poor'?
Opinion

An open letter to Sonia Gandhi: Does decrease in MNREGA outlays equal 'a silent strike on India’s poor'?

Contrary to Sonia Gandhi's unfounded allegation, the decrease in demand for MNREGA is actually a reflection of sustained growth in real GDP and the growth of remunerative jobs, leading to an increase in per capita incomes

Budget 2023: Technology-driven incentives find a mention in Nirmala Sitharaman’s proposals
Opinion

Budget 2023: Technology-driven incentives find a mention in Nirmala Sitharaman’s proposals

It is critical that these initiatives are complimented by the requisite legal and policy interventions

Budget 2023: From video-based KYC to expansion of DigiLocker services, positive signals for fintech
Opinion

Budget 2023: From video-based KYC to expansion of DigiLocker services, positive signals for fintech

The government announces policy interventions and tax rationalisation for individuals, startups, and MSMEs

Union Budget 2023-24: How allocations towards education will contribute to development of adolescents in India
Opinion

Union Budget 2023-24: How allocations towards education will contribute to development of adolescents in India

Leveraging the private and development sectors and use of technology will help in bringing together the required resources for empowering adolescents with necessary skills. This will improve access to information and increase choices for adolescents for their career progression

Budget 2023-24: Request to slash film ticket prices, OTT subscription costs to boost viewership ignored
Opinion

Budget 2023-24: Request to slash film ticket prices, OTT subscription costs to boost viewership ignored

The only relief is indirect custom duty cuts on production and sale of technological goods and commodities

Union Budget 2023-24 provides a fillip to financial investment ecosystem
Opinion

Union Budget 2023-24 provides a fillip to financial investment ecosystem

Budget ‘2023 with its niche guidelines to enhance the financial investment ecosystem in India is deemed a boon to capital investors

Budget 2023-24: Government ushers in a dawn of hope for agritech in India
Opinion

Budget 2023-24: Government ushers in a dawn of hope for agritech in India

Around 63,000 ‘Primary Agricultural Credit Societies’ are being computerised with an investment of Rs 2,516 crore targeted to fortify the Indian agricultural sector in the technological sphere

Union Budget 2023-24 takes AI-forward approach to technology and fintech development
Opinion

Union Budget 2023-24 takes AI-forward approach to technology and fintech development

The Budget initiatives will shift the trajectory of growth and innovation for the tech, start-up and SaaS platforms on an upward slope

Budget 2023: How Nirmala Sitharaman’s proposals ticked all important boxes
Opinion

Budget 2023: How Nirmala Sitharaman’s proposals ticked all important boxes

There is a clear focus on preserving macro stability, focusing on productive spending, plugging the loopholes in tax avoidance, and targeting a gradual achievement of a level playing field for various financial products

Budget 2023-24: Importance of incentivising technology adoption in schools
Opinion

Budget 2023-24: Importance of incentivising technology adoption in schools

Many schools find it difficult to keep up with direction and pace of change owing to structural challenges. Government grants and subsidies can help make technology more accessible to schools and students

Budget 2023: Why Nirmala Sitharaman's proposals are growth enablers for EV and shared mobility industry
Opinion

Budget 2023: Why Nirmala Sitharaman's proposals are growth enablers for EV and shared mobility industry

Proposal for energy transition of Rs 35,000 crore and the rise in capex by 33% are both positive initiatives

Budget 2023 and possible multiplier effect on the real-estate sector
Opinion

Budget 2023 and possible multiplier effect on the real-estate sector

It is encouraging to see that the government is maintaining its focus on promoting urbanization initiatives, particularly with the allocation of Rs 10,000 crores per year for an Urban Infrastructure Development Fund (UIDF) for Tier 2 and Tier 3 cities

How Union Budget 2023-24 captures the true essence of Amrit Kaal
Opinion

How Union Budget 2023-24 captures the true essence of Amrit Kaal

PM Modi questioned the obsolete way of running an economy, ushered in a digital revolution in India and has showcased to the world that India from being among the "fragile five", is today the world's fifth largest economy in terms of nominal GDP

Budget 2023: Proposals give wings to retail sector to soar to newer heights
Opinion

Budget 2023: Proposals give wings to retail sector to soar to newer heights

Relaxation of tax provisions and the increased cash flows in the hands of individuals is another boon for the industry

Budget 2023: Why focus on AI can hasten digitalisation of Indian economy
Opinion

Budget 2023: Why focus on AI can hasten digitalisation of Indian economy

Emphasis on AI is expected to lead to increased efficiency and effectiveness in various sectors of the economy

Budget 2023: Government taking a studied approach toward cryptocurrency
Opinion

Budget 2023: Government taking a studied approach toward cryptocurrency

It is understandable that the government is taking time as the financial systems envisaged in Web3 would alter the way transactions are done and the ramifications would need technological and skill upgrades on the part of the government, banks, and all other stakeholders

Firstpost Podcast | Explained: Union Budget 2023-24
Explainers

Firstpost Podcast | Explained: Union Budget 2023-24

What implications the budget will have on the ordinary people? What will get cheaper, what will get dearer and how would budgetary allocations affect implementation of crucial schemes? Tune in to find out

Budget 2023: Centre's vision for 'Amrit Kaal' is a technology-driven, knowledge-based economy
Opinion

Budget 2023: Centre's vision for 'Amrit Kaal' is a technology-driven, knowledge-based economy

With emphasis on AI, 5G and technology and a focus on Green Growth, the Union Budget 2023-24 has emphasised on creating opportunities with sustainability. This is a very forward-looking budget and will most certainly help key stakeholders utilise opportunities for higher growth