Google news india budget
Here are the top news stories from Google News on the India Budget:
Headlines:
- India Budget 2023: FM Sitharaman presents budget with focus on growth, employment (The Hindu)
- India Budget 2023: Key takeaways, highlights, and reactions (Business Standard)
- Budget 2023: India's growth story gets a boost, but challenges remain (The Economic Times)
- India Budget 2023: Sitharaman announces Rs 35,000 crore for capital expenditure (NDTV)
- Budget 2023: India's fiscal deficit target revised to 5.9% of GDP (Livemint)
Key Highlights:
- The Union Budget 2023-24 has a total outlay of Rs 45.03 lakh crore, with a fiscal deficit target of 5.9% of GDP.
- The government has announced a capital expenditure of Rs 35,000 crore, with a focus on infrastructure development.
- The budget has also proposed to increase the allocation for healthcare, education, and social welfare schemes.
- The government has also announced a reduction in corporate tax rates for new companies.
- The budget has also proposed to increase the tax exemption limit for individuals to Rs 7 lakh.
Reactions:
- Industry reactions: The budget has been welcomed by industry bodies such as the Confederation of Indian Industry (CII) and the Federation of Indian Chambers of Commerce and Industry (FICCI), who have praised the government's focus on infrastructure development and job creation.
- Opposition reactions: The opposition parties have criticized the budget, saying that it does not address the issues of unemployment, inflation, and inequality.
- Economists' reactions: Economists have praised the budget's focus on growth and employment, but have also expressed concerns about the fiscal deficit and the impact of the budget on the economy.
Other News:
- The budget has also proposed to increase the allocation for the National Education Policy (NEP) to Rs 1.14 lakh crore.
- The government has also announced a plan to set up a new public sector bank to promote financial inclusion.
- The budget has also proposed to increase the allocation for the National Health Mission (NHM) to Rs 86,000 crore.
These are just some of the top news stories from Google News on the India Budget. You can find more news and analysis on the budget by searching on Google News.