Budget 2023 LIVE Updates: spend Rs 2lakh cr on free food grains for all priority households

FM Nirmala Sitharaman says: Our vision for the Amrit Kaal includes technology-driven and knowledge-based economy, with strong public finances and a robust financial sector. To achieve this ‘janbhagidari’ through ‘sabka saath, sabka prayaas’ is essential. Budget 2023 LIVE Updates: spend Rs 2lakh cr on free food grains for all priority households.

Finance minister’s focus on strengthening macroeconomic stability will soothe the nerves of the bond and forex markets. India’s external sector has emerged as an area of concern in 2022 and the going may be tough this year as well as the global economy slows.

Experts, including those inside the government, have called for consolidating the fiscal deficit and ensuring that the current account deficit is brought back within the red line of 2.5-3 percent of GDP.

Finance Minister gets straight to the point, begins the speech with focus on rural India. Announces that the centre will spend Rs 2lakh cr on free food grains for all priority households under PM Garib Kalyan Yojana.  

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