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Budget 2023: Capital expenditure outlay hiked by 33 percent to Rs 10 lakh crore

Finance Minister Nirmala Sitharaman who presented the Union Budget today announced a capital expenditure (CAPEX) outlay of Rs 10 lakh crore for the financial year 2023-24, a 33 percent increase from the allocation announced in the previous budget.

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Budget 2023

Finance Minister Nirmala Sitharaman who presented the Union Budget today announced a capital expenditure (CAPEX) outlay of Rs 10 lakh crore for the financial year 2023-24, a 33 percent increase from the allocation announced in the previous budget.

Sitharaman, in her budget speech announced the increase of capital investments outlay of Rs 10 lakh crore for 2023-24, a 33 percent hike, compared to the outlay of Rs 7.5 lakh crore for the previous financial year.

She said the capital investment outlay will be hiked by 33 percent to Rs 10 lakh crore, accounting to 3.3 percent of the GDP in 2023-2024 fiscal.

The Finance Minister also announced that 50-year interest-free loan to states will continue for another year.

Read Also: Budget 2023: No tax cuts yet but it is raining memes already

Sitharaman also announced a capital outlay of Rs 2.40 lakh crores for the Indian Railways, the highest-ever allocation since 2013-14. The massive allocation is to the benefit of the middle-class as it means the freight fare and passenger tickets won’t likely be hiked by the railways.

Sitharaman pointed out that the outlay was nine times the allocated amount made in 2013-14 during the Congress-led UPA regime.

Earlier, Sitharaman announced that the agriculture credit target will be raised to Rs. 20 lakh crores which will primarily focus on animal husbandry, dairies and fisheries.

Sitharaman who presented her fifth consecutive budget at 11: am today announced that the Union government will introduce Agriculture Accelerator Fund to boost agriculture startups by young professionals, especially in rural areas.

This is Narendra Modi-led BJP government’s last full-fledged Budget before the Lok Sabha polls early next year. Union Budget 2023-24 is also the first normal budget after the coronavirus pandemic.

Budget 2023 will meet expectations of every section, says MoS Finance Pankaj Chaudhary

Nirmala Sitharaman wears red saree for Budget 2023 | A look at her love for Sambalpuri, Ikat, Kanjivaram sarees

2024 Lok Sabha Elections

Priyanka Gandhi calls PM Modi a shahenshah who lives in castles and can never understand the plight of the common man

Priyanka Gandhi said on the other side is the shehanshah, Narendra Modi, who lives in a palace. She asked the people if they have watched him on television?  She said not a single speck of dust is visible on his face. She asked how can PM Modi understand their problems?

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Congress leader Priyanka Gandhi took a dig at Prime Minister Narendra Modi for calling her brother and Congress leader Rahul Gandhi a shehzaada. She was speaking at an election rally in Gujarat on Saturday where she called PM Modi a shehanshah.

She said BJP calls her brother Shehzada. She wanted to tell BJP how this shehzada walked 4,000 km from Kanyakumari to Kashmir to listen to people’s problems. The Congress leader added that Rahul Gandhi met  sisters, brothers, farmers and labourers and asked them what problems they were having. Priyanka Gandhi was speaking at a rally in Banaskantha in Gujarat.

Priyanka Gandhi said on the other side is the shehanshah, Narendra Modi, who lives in a palace. She asked the people if they have watched him on television?  She said not a single speck of dust is visible on his face. She asked how can PM Modi understand their problems?

Priyanka Gandhi attacked Prime Minister Narendra Modi when he repeatedly called Rahul Gandhi a shehzada of shahi parivar. He was addressing a rally in Gujarat on Thursday where PM Modi had targeted Congress leader Rahul Gandhi and said Pakistan is eager to make the shehzada of the grand old party India’s next Prime Minister as the country’s enemies want a weak government at the centre.

Priyanka Gandhi further attacked PM Modi and said Gujarat gave PM Modi respect and self-respect and gave him power, but he is seen only with big people. She asked if anyone had seen PM Modi meeting a farmer?

 She further pointed out that farmers are protesting against the black laws. She said hundreds of farmers are martyred, but the Prime Minister does not even bother to go and meet them. She said just before the elections come and they feel that they will not get votes, then PM Modi changes the law.

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Rahul Gandhi writes to Karnataka CM over Prajwal Revanna sex scandal, urges him to provide utmost assistance to the victims

Gandhi requested Siddaramaiah to kindly extend all possible support to the victims. He wrote that everyone has a collective duty to ensure that all parties responsible for these heinous crimes are brought to book.

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Congress leader Rahul Gandhi on Saturday wrote to Karnataka CM Siddaramaiah regarding JD(S) leader Prajwal Revanna sex scandal. In his letter, Gandhi condemned the actions of Revanna and requested the Karnataka Chief Minister to extend all possible support to the sexually harassed women.

Gandhi requested Siddaramaiah to kindly extend all possible support to the victims. He wrote that everyone has a collective duty to ensure that all parties responsible for these heinous crimes are brought to book. The Wayanad MP further added that many who looked up to him as a brother and son have been brutalised in the most violent manner and they have been robbed of their dignity. He said the rape of our mothers and sisters warrants the strictest possible punishment.

Rahul Gandhi was shocked to know that Prime Minister Narendra Modi had been campaigning for the Hassan MP inspite of the fact the gruesome allegations had been brought to the notice of Union Home Minister Amit Shah in December 2023.

The Congress leader mentioned in his letter that he is deeply shocked to learn that as far back as December 2023, India’s Home Minister Amit Shah had been informed by G Devaraje Gowda about Prajwal Revanna’s antecedants and his history of sexual violence and the presence of sex videos filmed by him.

Gandhi wrote in his letter to Siddaramaiah that what is even more shocking is that despite these gruesome allegations being brought to the notice of the senior-most BJP leadership, the Prime Minister campaigned and canvassed for a mass rapist.

 The Wayanad MP took a veiled attack on PM Modi and said he has never come across a senior public representative who has constantly chosen silence in the face of untold violence against women. Gandhi further pointed out that from the female wrestlers in Haryana to sisters in Manipur, Indian women are bearing the brunt of the Prime Minister’s tacit support for such criminals.

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2024 Lok Sabha Elections

PM Modi raises national security pitch to attack Congress, says Pakistan now weeping and screaming for help under BJP rule

Prime Minister Narendra Modi addressed a massive gathering in Palamu, Jharkhand, where he highlighted the achievements of his government and warned against the dangers posed by the Congress and its allies

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Prime Minister Narendra Modi on Saturday made a scathing attack on the Congress over national security and said the grand old party is a coward as its government used to weep on global platforms after terrorist attacks. The prime minister was addressing a rally in Jharkhand’s Palamu where he said the situation has changed under the BJP rule and Pakistan is now weeping and screaming for help.

Prime Minister Narendra Modi addressed a massive gathering in Palamu, Jharkhand, where he highlighted the achievements of his government and warned against the dangers posed by the Congress and its allies. Speaking to the enthusiastic crowd, PM Modi emphasized the significance of each vote and the transformative impact it can have on the nation.

He took a veiled dig at Rahul Gandhi and said Pakistani leaders, shaken by surgical strikes, are praying for shahzada to become the next Prime Minister. But a strong India wants a strong government. Prime Minister Narendra Modi’s attack on Rahul Gandhi comes days after a former minister in Imran Khan’s Cabinet in Pakistan, Chaudhry Fawad Hussain, shared a video which featured the Congress leader on his social media handle and praised him for attacking the BJP.

PM Modi trained his guns on the ruling alliance in Jharkhand and said corrupt JMM and Congress leaders have amassed huge wealth for their children. He further added that he did not own a home or even a bicycle. There is no blot of corruption on him in the past 25 years as chief minister and prime minister. Earlier while speaking in Sabarkantha, PM Modi said the BJP government has been consistently taking strong action against terrorism across the Pakistan border in comparison to weak governments in the past.

The Prime Minister said terrorists used to come to India and carry out attacks. The weak government during that time used to send dossiers. He further added that today’s new India does not send dossiers, it gives dose to terrorists.

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