Budget 2023 : Good news for employed people in the budget, big announcement regarding women and senior citizens

Union Finance Minister Nirmala Sitharaman started presenting the country's general budget (Aam Budget 2023). The Finance Minister said that the Indian economy is a shining star. He informed that the poor food grains scheme has been extended for one year. Making a big announcement, the Finance Minister said that till the income of 7 lakhs, no tax will be levied.

The Finance Minister said that PAN will now be known as the National Identity Card. It was announced in the budget that electric vehicles, automobiles, toys and country mobiles would be cheaper. Whereas, chimneypiece, some mobile phones and camera lenses, cigarette gold, silver, platinum will cost a little more.

The Finance Minister further said that the efforts of the government since 2014 have improved the lives of all citizens. The per capita income has more than doubled to Rs 1.97 lakh. In these 9 years Indian economy has moved from 10th to 5th position in size. The finance minister announced that an agriculture fund would be created to encourage agri-startups by young entrepreneurs. At the same time, work will be done on mission mode to promote tourism.

Finance Minister Nirmala Sitharaman has got cabinet approval to present the budget, after which she has reached Parliament. Earlier, he had met President Draupadi Murmu after reaching Rashtrapati Bhavan. President Draupadi Murmu gave formal approval to the budget.

Due to the Lok Sabha elections next year, this budget is considered very important for the Modi government. With this being the last full budget of the Modi government before the general elections, people and the corporate sector have high expectations from it. Experts believe that this time along with major economic decisions, the government can also give great relief to the common people.