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Budget 2023 updates: Congress slams government over NREGS cut

Ahead of the Budget 2023, Sitharaman reached the finance ministry where she is expected to meet President Droupadi Murmu.

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Nirmala Sitharaman announces change in tax structure

Congress slammed the government and asked whether the Capex hike will be met through cuts in the allocation for the MGNREGS.

12:25 pm: FM Nirmala Sitharaman announced a new tax structure under the new tax regime.

The new tax rates are:

  • 0 to Rs 3 lakhs – nil
  • Rs 3 to 6 lakhs – 5%
  • Rs 6 to 9 Lakhs – 10%
  • Rs 9 to 12 Lakhs – 15%
  • Rs 12 to 15 Lakhs – 20% and
  • Above 15 Lakhs – 30%

12:10 pm: Nirmala Sitharaman said the maximum deposit limit for Senior Citizen saving scheme will be increased from Rs 15 to 30 lakh.


12:05 pm: FM Nirmala Sitharaman, during her Budget 2023 speech, said the Centre will set up the Govardhan Scheme to promote a circular economy with a total investment of Rs 10,000 crore.


12:02 pm: FM Nirmala Sitharaman said 50 tourist destinations will be selected through challenge mode to be developed as a whole package for domestic and international tourism.


12:00 pm: Nirmala Sitharaman said 100 laboratories will be set up in engineering institutions for developing applications for 5G services.


11:50 am: FM Nirmala Sitharaman, in her Budget 2023 speech, announced that 50 additional airports, helipads, water aero drones, and advanced landing grounds will be revived to improve regional air connectivity.


11:45 am: Finance Minister Nirmala Sitharaman said the KYC process will be simplified.


11:40 am: Finance Minister Nirmala Sitharaman, in her Budget 2023 speech, said capital investment outlay being increased by 33% to Rs 10 lakh crores, which would be 3.3% of GDP.


11:35 am: Centre will provide Rs 5,300 crore assistance to the drought-prone central region of Karnataka, said Nirmala Sitharaman during the Budget 2023 presentation.


11:30 am: FM Nirmala Sitharaman said assistance for the traditional artisans and craftspeople will be provided under the PM Vishwa Karma Kaushal Samman.


11:15 am: FM Nirmala Sitharaman said the Centre will set up an agriculture accelerator fund and the agriculture credit target will be set up at Rs 20 lakh crore.


11:10 am: FM Nirmala Sitharaman, during the Budget 2023-24 presentation, said the promotion of tourism will be taken up on a mission mode.


11:08: Nirmala Sitharaman began the Budget 2023 speech and said the Indian economy is on the right track and is heading towards a bright future.


11:05 am: Finance Minister Nirmala Sitharaman begins the Budget 2023 speech


10:55 am: Union Cabinet ministers have okayed the Budget 2023 and Finance Minister Nirmala Sitharaman will present it shortly.


9:55 am: Finance Minister Nirmala Sitharaman met President Droupadi Murmu and will then attend the Union Cabinet Meeting. Sitharaman will present the last full budget of the Modi government 2.0 at 11 am.


9:25 am: Finance Minister Nirmala Sitharaman reached Rashtrapati Bhavan to call on President Droupadi Murmu and will further attend the Union Cabinet Meeting.


9:00 am: Finance Minister left for the Parliament with Bahi Khata, to present the Budget 2023 at 11 am.


All eyes are on Union Budget 2023 as it will be presented by Finance Minister Nirmala Sitharaman today at 11 am. Ahead of the Budget 2023, Sitharaman reached the finance ministry where she is expected to meet President Droupadi Murmu.

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

On Tuesday, Prime Minister Narendra Modi along with President Droupadi Murmu started the Budget Session and addressed the Lok Sabha and Rajya Sabha. In his address, PM Modi said the budget will aim the hopes and aspirations of the common citizen.

Union Budget 2023: 5 big expectations from Nirmala Sitharaman

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

India News

Congress chief Kharge extends Republic Day greetings, slams Modi govt, says secularism being targeted by Goebbelsian propaganda

He claimed that minorities are being systematically targeted, and those advocating for secularism are subjected to what he termed “Goebbelsian propaganda,” a reference to Nazi Germany’s manipulative propaganda techniques. He further asserted that weaker sections of society – Scheduled Castes, Scheduled Tribes, Other Backward Classes, the poor, and minorities – are treated as second-class citizens.

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On India’s 76th Republic Day, Congress President Mallikarjun Kharge delivered a message that was as much a celebration of the Constitution’s 75th anniversary as it was a scathing critique of the current political climate.

He began by honouring the architects of the Constitution, mentioning Mahatma Gandhi, Jawaharlal Nehru, Sardar Patel, B.R. Ambedkar, Subhas Chandra Bose, Rajendra Prasad, Maulana Azad, and Sarojini Naidu, acknowledging their monumental contribution to shaping India’s republic.

He extended his appreciation to the nation’s armed forces, paramilitary personnel, security forces, scientists, teachers, farmers, and the diverse workforce – including daily wage earners, gig workers, artists, writers, and sportspersons – for their indispensable roles in nation-building and preserving India’s rich cultural tapestry.

However, the celebratory tone was quickly overshadowed by a stark assessment of the nation’s democratic health. Kharge expressed deep concern over what he characterized as a decade-long erosion of democratic principles and institutions. He alleged a deliberate and malicious campaign fueled by religious fundamentalism, designed to fracture Indian society along religious lines.

He claimed that minorities are being systematically targeted, and those advocating for secularism are subjected to what he termed “Goebbelsian propaganda,” a reference to Nazi Germany’s manipulative propaganda techniques. He further asserted that weaker sections of society – Scheduled Castes, Scheduled Tribes, Other Backward Classes, the poor, and minorities – are treated as second-class citizens.

The Congress president directly accused the ruling government of political interference in autonomous institutions, asserting that the control over independent bodies is perceived as a mark of power. He claimed that federalism is being systematically undermined, with the rights of opposition-governed states being curtailed.

The functioning of Parliament, he stated, has significantly deteriorated due to what he described as the tyrannical tendencies of the ruling government. Universities and self-governing institutions, he continued, face constant intrusion, and a large segment of the media has been co-opted as a propaganda tool. The suppression of dissent through the targeting of opposition leaders, he argued, has become the government’s primary policy.

The ongoing crisis in Manipur served as a stark illustration of his concerns, with Kharge highlighting the state’s prolonged turmoil and the lack of accountability at the highest levels of power.

He concluded his message with a fervent call to protect the Constitution’s fundamental values of justice, liberty, equality, and fraternity, emphasizing that these tenets are being systematically undermined by what he called an authoritarian regime.

He urged citizens to be prepared to make sacrifices to defend the Constitution, viewing this as a fitting tribute to their ancestors. His statement ended with the powerful slogan: “Jai Bapu, Jai Bheem, Jai Samvidhaan. Jai Hind.”

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Republic Day 2025: PM Modi says may this occasion strengthen efforts towards preserving ideals of Constitution

“May this occasion strengthen our efforts towards preserving the ideals of our Constitution and working towards a stronger and prosperous India,” the Prime Minister said.

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The 76th Republic Day is celebrated on January 26, commemorating the day its Constitution came into effect in 1950. Prime Minister Narendra Modi offered his greetings, emphasising the significance of preserving the Constitution’s core principles of democracy, dignity, and unity.

He paid tribute to the architects of the Constitution, acknowledging their instrumental role in shaping India’s democratic journey. His message on X expressed hope that the day would reinvigorate efforts to build a stronger and more prosperous nation, firmly rooted in the ideals enshrined in the Constitution.

“Happy Republic Day. Today, we celebrate 75 glorious years of being a Republic. We bow to all the great women and men who made our Constitution and ensured that our journey is rooted in democracy, dignity and unity,” PM Modi said in a post on X.

“May this occasion strengthen our efforts towards preserving the ideals of our Constitution and working towards a stronger and prosperous India,” the Prime Minister said.

The celebrations, held at Kartavya Path, were a spectacular display of India’s rich diversity, its remarkable progress, and its powerful military. President Droupadi Murmu presided over the event, with Indonesian President Prabowo Subianto gracing the occasion as the chief guest. The meticulously planned parade, showcasing India’s cultural heritage and military might, commenced at 10:30 AM and lasted approximately 90 minutes.

Before joining the festivities, Prime Minister Modi paid his respects at the National War Memorial, honouring the sacrifices of fallen soldiers. This poignant tribute underscored the nation’s gratitude for those who defended its sovereignty and security.

The Republic Day parade, a vibrant tapestry of India’s national identity, served as a testament to its democratic spirit, its unwavering unity, and its remarkable journey as a nation. The event was a fitting tribute to the nation’s founding fathers and a symbol of its continued progress and aspirations.

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26/11 accused Tahawwur Rana loses final case in the US to avoid extradition to India

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26/11 Mumbai attack convict Tahawwur Hussain Rana has lost his appeal in the US Supreme Court against being extradited to India on Tuesday, the day after US President Donald Trump was sworn in for his second term.

Rana, a Pakistani-origin Canadian national, is wanted in India for the 2008 terrorist attacks in Mumbai. This was possibly his last chance to avoid extradition to India. He had lost cases in federal courts, including the US Court of Appeals for the North Circuit in San Francisco.

Rana is detained at the Metropolitan Detention Center in Los Angeles.

Earlier, the US government argued in the US Supreme Court that Rana’s petition for a writ of certiorari should be denied. US Solicitor General Elizabeth B Prelogar said Rana was not entitled to relief from extradition to India in this case.

She said the US government’s case against Rana does not cover the grounds on which India wants him to be extradited and be tried. She said the forgery charges against him for giving false information while seeking clearance to open an immigration centre branch was not covered in the US case against him. The US had indicted him for conspiracy charges and his conviction here doesn’t mean all the charges India wishes to accuse him of have been already death with the jury in the US.

Rana, a retired doctor in the Pakistan Army, migrated to Canada after his retirement. The Pakistan military utilizes retired personnel for covert action. Rana is a link to Pakistani-American terrorist David Coleman Headley, one of the main conspirators of the 26/11 Mumbai attacks. A total of 166 people, including six Americans, were killed in the 2008 Mumbai terror attacks in which 10 Pakistani terrorists laid an almost three-day siege, attacking iconic and vital locations. 

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