The Union Budget 2023, presented by Finance Minister Nirmala Sitharaman on February 1, 2023, has placed a strong emphasis on infrastructure development, digital transformation, and boosting economic growth. The budget has allocated a massive Rs 5.54 lakh crore for the development of infrastructure, with a specific focus on creating better transport facilities and providing affordable housing to citizens.
The government has also outlined plans to build a National Recruitment Agency, a single entity that will conduct a common eligibility test for recruitment to non-gazetted posts in the central government. This is expected to provide more job opportunities and simplify the recruitment process.
In a bid to promote digital transformation, the government has announced the establishment of a National Digital Educational Architecture and a National Recruitment Agency. The government has also proposed to establish a National Technical Textiles Mission and a National Animal Diseases Control Programme to boost the agriculture and livestock sector.
In addition to these initiatives, the government has also introduced several tax reforms to simplify the tax system and reduce the burden on taxpayers. The government has also proposed a new law to tackle the issue of black money and increase transparency in financial transactions.
The budget has also allocated funds for the development of the Indian healthcare sector, with a specific focus on increasing the number of hospital beds, providing better healthcare facilities in rural areas, and setting up medical colleges and nursing schools.
The Union Budget 2023 aims to promote economic growth, create job opportunities, and improve the standard of living for citizens. The budget highlights the government’s commitment to infrastructure development, digital transformation, and improving the healthcare sector.
