Revamped small loans scheme to reduce banks’ dependence on collateral: Narayan Rane
The modifications included reduction in guarantee fees for loans upto ₹1 crore by 50% to the level of 0.37% per annum only.
union budget 2023
April 2023
March 2023
February 2023
₹2.23 lakh crore for women-centric projects in Budget 2023: Smriti Irani
Speaking to Fortune India, Irani said that the finance commission tying funds across Panchayats for women related issues is a silent revolution.
From incentives to free food – FM lists out steps taken to curb inflation
During post-Budget Stakeholder Interaction in Jaipur, Nirmala Sitharaman says Union Budget 2023-24 has something for each section of society
Budget allocation to energy transition not subsidy; fund to be used for refinery upgrade: FM
The finance minister pointed out that the government has not kept anything secret in the budget.
Is Declining Debt Enough?
Government meets fiscal deficit target but falling GDP growth puts a question mark over finances.
The Big Picture: Capex Push, Fiscal Prudence
The Central government stuck to the fiscal consolidation roadmap while announcing one of the biggest hikes in capital expenditure and increase in social spending in Budget 2023.
Agri Takes the Digital Driveway
Accelerator fund for agri start-ups, digital public infrastructure for the farm sector, higher agri-credit allocation — digitisation is the way to go.
Defence capex for 'Make in India' fails to enthuse
The Union Budget 2023 proposed a 13% increase in the overall defence budget for FY24 at ₹5.93 lakh crore as compared to ₹5.25 lakh crore in FY23.
33,000 primary agri credit societies to offer doorstep digital banking
Among these 33,000 primary agriculture credit societies (PACS), 20,000 will be equipped to use digital infrastructure.
Govt unlikely to achieve 4.5% fiscal deficit target by FY26: Moody's
Budget 2023 is credit positive for renewable energy companies, cement and steel producers, oil marketing companies and automakers, says Moody's.
