Union Budget 2023-24: Big Announcements

Union Budget 2023-24: Big announcements

New Delhi, Feb 1 : Finance Minister Nirmala Sitharaman made several announcements in the Union Budget 2023-2024 on Wednesday.

 Union Budget 2023-24: Big Announcements-TeluguStop.com

Some highlights of the Budget:

* Railways get Rs 2.4 lakh crore, which is the highest ever allocation to it

* Agricultural credit target increased to Rs 20 lakh crore

* Mobility Infra — 50 additional airports, heliports

* 50 destinations to be selected through challenge mode for tourism

* Mahila Samman Savings Certificate will be made available for two years, deposits of up to Rs 2 lakh at 7.5 per cent interest

* Senior Citizens’ Savings Scheme deposit limit raised to Rs 30 lakh from Rs 15 lakh

* Income tax rebate limit increased from Rs 5 lakh to Rs 7 lakh under new tax regime

* Allocation for PM Awas Yojna increased by 66 per cent to over Rs 79,000 crore

* Capital investment outlay to be raised by 33 per cent to Rs 10 lakh crore, which will be 3.3 per cent of GDP in fiscal 2024

* Effective capital expenditure of centre to be – Rs 13.7 lakh crore

* 157 new nursing colleges in major locations

* Mission to eliminate sickle cell anaemia by 2047

* Tribals to get Rs 15,000 crore over next three years for safe housing, sanitation, drinking water, and electricity .

* Manhole to machine-hole mode — All cities and towns will be enabled for 100 per cent transition of sewers and septic tanks #Budget #Telugu #TeluguStop #Delhi # Nirmala Sitharaman #Delhi #New Delhi #Sitharaman

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