Union Budget 2023 Live Updates : Income Tax Rebate Limit Raised To 7 Lakhs From 5 Lakhs For New Tax Regime

Agricultural credit target will be raised to Rs 20 lakh crores with a focus on dairy, fisheries, and animal husbandry: FM

157 new Nursing colleges will be established in several locations: FM 

Agriculture Accelerator Fund to be setup to support agricultural start-ups: FM

Union Budget 2023 aims to fulfil youth aspirations, job creation and macroeconomic stability: FM

This Union Budget has 7 priorities:

-Inclusive Development

-Reaching the last mile

-Infrastructure and investment

-Unleashing potential

-Green growth

-Youth power

-Financial sector

FM talks about various govt schemes and their expenditure:

Free food grain: ₹2 lakh crore

Household toilets: ₹11.7 crore

LPG connections: 9.6 crore

Indian economy has increased from 10th largest to 5th largest in 9 years: Finance Minister

Finance Minister Nirmala Sitharaman commences her Budget speech:

This budget builds upon the foundation built in previous budget, we aim that fruits of development reach all sections including our youth, women, farmers, OBC, SC/ST communities.

Before the Budget presentation at 11am, copies of the budget have been brought to Parliament.

Finance Minister Nirmala Sitharaman becomes the sixth minister in independent India to present five consecutive budgets; joins Dr. Manmohan Singh, late Arun Jaitley, P. Chidambaram and others.