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TMI BlogBUDGET 2023-24 PRESENTS VISION FOR AMRIT KAAL- BLUE PRINT FOR AN EMPOWERED AND INCLUSIVE ECONOMYX X X X Extracts X X X X X X X X Extracts X X X X ..... BUDGET 2023-24 PRESENTS VISION FOR AMRIT KAAL- BLUE PRINT FOR AN EMPOWERED AND INCLUSIVE ECONOMY - Budget Dated:- 1-2-2023 - News - BUDGET 2023-24 PRESENTS VISION FOR AMRIT KAAL- BLUE PRINT FOR AN EMPOWERED AND INCLUSIVE ECONOMY THREE PRONGED FOCUS DRIVEN BY FOUR TRANSFORMATIVE OPPORTUNITIES CONSTITUTE FOUNDATION OF AMRIT KAAL SEVEN PRIORITIES TO ACT AS SAPTARISHI TO GUIDE VISION OF AMRIT KA ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... AL NEW SCHEME FOR TRADITIONAL ARTISANS -PM VISHWAKARMA KAUSHAL SAMMAN (PM VIKAS)-ANNOUNCED Union Budget 2023-24 presented by Smt. Nirmala Sitharaman, Union Minister of Finance and Corporate Affairs in the Parliament today outlined the vision of Amrit Kaal which shall reflect an empowered and inclusive economy. We envision a prosperous and inclusive India, in which the fruits of developmen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t reach all regions and citizens, especially our youth, women, farmers, OBCs, Scheduled Castes and Scheduled Tribes , she said. Vision for Amrit Kaal an empowered and inclusive economy Union Finance Minister highlighted that Our vision for the Amrit Kaal includes technology-driven and knowledge-based economy with strong public finances, and a robust financial sector . To achieve t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... his, Jan Bhagidari through Sabka Saath Sabka Prayas is essential, she added. The economic agenda for achieving this vision would focus on three priorities: facilitating ample opportunities for citizens, especially the youth, to fulfil their aspirations; providing strong impetus to growth and job creation; and strengthening macro-economic stability To serv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ice these focus areas in country s journey to India@100, the budget identifies four transformative opportunities:- Economic Empowerment of Women through SHGs: Noting that the Deendayal Antyodaya Yojana National Rural Livelihood Mission has achieved remarkable success by mobilizing rural women into 81 lakh Self Help Groups (SHGs), Union Finance Minister stated that We will enable t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hese groups to reach the next stage of economic empowerment through formation of large producer enterprises or collectives with each having several thousand members and managed professionally. They will be helped with supply of raw materials and for better design, quality, branding and marketing of their products. Through supporting policies, they will be enabled to scale up their operations to s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... erve the large consumer markets, as has been the case with several start-ups growing into Unicorns , she added. PM VIshwakarma KAushal Samman (PM VIKAS): Union Finance Minster announced a new scheme for the traditional artisans and craftspeople, generally referred to as Vishwakarma. Noting that the art and handicraft created by them represent the true spirit of Atmanirbhar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Bharat, for the first time, a package of assistance for them has been conceptualized. The new scheme will:- (a) enable them to improve the quality, scale and reach of their products, integrating them with the MSME value chain (b) include not only financial support but also access to advanced skill training, knowledge of modern digital techniques and efficient green technologies, brand pro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... motion, linkage with local and global markets, digital payments, and social security (c) greatly benefit the Scheduled Castes, Scheduled Tribes, OBCs, women and people belonging to the weaker sections. Tourism Promotion in Mission Mode: Underlining the immense tourism potential the country offers for domestic as well as foreign tourists, Union Finance Minister stated that The se ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ctor holds huge opportunities for jobs and entrepreneurship for youth in particular and there is a large potential to be tapped in tourism. She announced that promotion of tourism will be taken up on mission mode, with active participation of states, convergence of government programmes and public-private partnerships. Green Growth: Union Finance Minister emphasized the focus of th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Government on green growth efforts that help in reducing carbon intensity of the economy and provides for largescale green job opportunities. She noted that We are implementing many programmes for green fuel, green energy, green farming, green mobility, green buildings, and green equipment, and policies for efficient use of energy across various economic sectors. Saptarishi: Seven g ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uiding priorities of Budget 2023-24 Union Finance Minister announced the first budget in Amrit Kaal will be guided by seven priorities that complement each other and act as the Saptarishi . 1) Inclusive Development 2) Reaching the Last Mile 3) Infrastructure and Investment 4) Unleashing the Potential 5) Green Growth 6) Youth Power 7) Financial Sector Sabk ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a Saath Sabka Vikas A key theme of Union Budget 2023-24 is the focus on inclusive development. Smt. Nirmala Sitharaman pointed out The Government s philosophy of Sabka Saath Sabka Vikas has facilitated inclusive development covering in specific, farmers, women, youth, OBCs, Scheduled Castes, Scheduled Tribes, divyangjan and economically weaker sections, and overall priority for the underpr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ivileged (vanchiton ko variyata). There has also been a sustained focus on Jammu Kashmir, Ladakh and the North-East. This Budget builds on those efforts, she highlighted. ***** - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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