Nirmala Sitharaman joined the BJP in 2008 and has served as a spokesperson for the party. In 2014, she was inducted into Narendra Modi's cabinet as a junior minister and in June 2014, she elected as a Rajya Sabha Member from Andhra Pradesh. In May 2016, she was one of the 12 candidates nominated by the BJP to contest the Rajya Sabha elections due on 11 June 2016. She successfully contested her seat from Karnataka. On 3 September 2017, she was elevated to Defence Minister. After Narendra Modi was re-elected in 2019 she became the first full time woman after Indira Gandhi to hold the Finance Minister post.
Read MoreBudget 2023: After the process of presenting the budget in Parliament was finished last year, a "Union Budget Mobile App" was also launched so that Members of Parliament (MPs) and the general public could easily access the documents.
Union Budget 2023: The government said the budget is fiscal prudence, stimulating growth and employment generation centric, while the Opposition called it disappointing with no promise to address inflation and other issues.
Union Budget 2023: The expectation is high from Finance Minister Nirmala Sitharaman's budget as the Indian economy is on recovery mode post-Covid and is seeking a catapult from the government to give momentum to the growth.
Union Budget 2023: This is the fifth budget which will be presented by Finance Minister Nirmala Sitharaman. It is also politically crucial because it will be the last full-fledged budget of Modi government ahead of the Lok Sabha election 2024.
The Economic Survey provided a variety of statuses of the Indian economy and provides thorough statistical data on several sectors and how they performed in the previous year.
In India, there is a major gap between what the market wants and what farmers produce. This gap needs to be solved to achieve the Government's declared target of doubling farmer profitability.
Economic Survey: The Economic Survey emphasised the need for careful monitoring of the Current Account Deficit (CAD), which could continue to grow due to elevated global commodity prices.
Parliament Budget Session 2023: The government has planned to bring around 36 bills - including four related to the budgetary exercise - during the session.
The Economic Survey will be also tabled as part of the Parliament's Budget session. The Budget session will have 27 sittings.
The allocation for the Ministry of Health and Family Welfare in the Union Budget 2022-23 was around Rs 86,200 crore, a 16.5% increase compared to the previous year.
'Make in India' initiative in the defence sector may see a boost in the upcoming budget. The upcoming budget may include increased allocation of funds and implementation of policies to support the growth of the Indian defence industry.
The growth of the real estate sector creates myriad opportunities like creating employment, improving the lifestyle of the people, attracting foreign investments, etc. The sector painted a positive picture in 2022, showing signs of revival in spite of the pandemic.
Budget 2023: Core educational services are currently exempt from GST, but Edtech products like online classes and courses are subject to the 18% GST threshold.
Budget 2023: Inflation is one of the major economic problems that needs immediate attention before things go south for India. People are expecting the government to take some measures in the upcoming budget to curtail the inflation numbers down to a bearable extent.
Union Budget 2023 is a crucial opportunity to boost job creation in India by addressing the challenges faced by the MSME sector. The Union budget can target job creation in the MSME sector through financing, infrastructure, and formalization.
The Halwa ceremony, marking the final stage of the Budget preparation process for Union Budget 2023-24, was held in North Block, today afternoon, in the presence of Union Finance & Corporate Affairs Minister Nirmala Sitharaman and Union Ministers of State for Finance Shri Pankaj Chaudhary.
Budget 2023: The promotion of new technologies, particularly those aimed at combating climate change, need to be the primary focus of the Union Budget 2023. New technologies have the potential to boost farmers' profitability as well as productivity.
Budget 2023: People across industries are expecting changes in the tax regime as the Finance Minister Nirmala Sitharaman would be presenting the upcoming union budget before parliament on February 1.
Budget 2023: The Budget document can be used as a reference tool for the primary budgeted goals for the upcoming fiscal year.
With the Union Budget 2023 set to be announced, the education sector is eagerly awaiting announcements on investment in skill development, digitization, and internationalisation of higher education.
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