Budget 2023: FM outlines 7 priorities to drive India through 'Amrit Kaal'
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Finance Minister Nirmala Sitharaman on Wednesday presented the Union Budget for FY2023-24. This is Sitharaman’s fifth Union budget. While presenting the budget, the finance minister announced seven priorities in order to accelerate growth across all sectors. She said these priorities will act as “Saptarishi” that will drive the country throughout Amrit Kaal.
These priorities are inclusive development, reaching the last mile, infrastructure and development, green growth, youth power, and the financial sector.
Speaking on green srowth, the Finance Minister said, “We are implementing many programs for green growth across various economic sectors…They will help reduce carbon intensity and create green jobs.”
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As India’s growth story gains momentum and the number of billionaires rises, the country’s luxury market is seeing a boom like never before, with the taste for luxury moving beyond the metros. From high-end watches and jewellery to lavish residences and luxurious holidays, Indians are splurging like never before. Storied luxury brands are rushing in to satiate this demand, often roping in Indian celebs as ambassadors.
The green growth priority envisages green fuel, green energy, green farming, and green mobility, which is in line with the pre-budget expectations shared by experts and industry leaders.
(More details will be added shortly)
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