Budget 2023 Economy

Budget’s focus on inclusive growth: Nirmala Sitharaman

Finance minister Nirmala Sitharaman has stated that theeconomic agenda for the government’s vision focuses on facilitating opportunities for citizens, providing strong impetus to growth and job creation as well as strengthening macroeconomic stability

In her speech while presenting the Union Budget for 2023-24 on Feb 1, She added, “Seven priority areas of the Budget are inclusive development, reaching the last mile, infrastructure and investment, unleashing the potential, green growth, youth and financial sector.”

She further informed that the agriculture accelerator fund for agri startups will be set up. The agricultural credit target will be increased to Rs 20 lakh crore with a focus on animal husbandry, dairy and fisheries, the finance minister asserted.

Sitharaman also announced that a cooperative-based model has been adopted to support the small and marginalised farmers.

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