#indian budget

[viaanadubey]

Results & Budget Anticipation Turn Markets Volatile

Markets continued their upward trajectory for the sixth consecutive week, with Nifty and Sensex closing in green. But with the kickstart of the earnings season, and budget FY25 just around the corner, it seems volatility is setting in the Indian equity markets.

https://blog.arihantcapital.com/indian-stock-markets-weekly-market-update-12-jul/

[thebankmantra]

Indian Union Budget 2023 : Finance Minister Nirmala Sitharaman | Parliamentary Budget Session

BJP National President Jagat Prakash Nadda reached the Parliament on 31 January for the budget session 2023. This year, the Union Budget session of 2023 is starting from today. Other MPs welcomed and congratulated JP Nadda. The union budget session 2023 will run in 27 sittings till April 6, with a break of one month to scrutinize the budget papers. The first part of the session will end on February 13. Read More

[iiiemexportimportcourse]

The Indian Budget 2023 has come up with several initiatives that are expected to provide a major boost to the export sector in India. From an increased focus on MSMEs to the simplification of customs procedures and the encouragement of electronic transactions, the budget is aimed at making India a hub for international trade and providing ample opportunities for businesses looking to expand their horizon and tap into new markets. By providing a supportive environment for businesses, the Indian government is aiming to make the country a major player in the global economy and provide a fillip to the export business in India.

[worldinyourpalm]

आर्थिक सर्वेक्षण ने मोदी सरकार के आकांक्षी जिला कार्यक्रम - 'सुशासन' टेम्पलेट की सराहना की | Economic report praises the Modi administration's Aspirational Districts Program as a model of "excellent governance";

Source: static.theprint.in

वित्तीय समावेशन के परिणाम

117 सबसे कम विकसित जिलों में जीवन स्तर में सुधार के लिए 2018 में शुरू किए गए सर्वेक्षण में कहा गया है कि स्वास्थ्य, वित्तीय समावेशन के परिणाम कई गैर-आकांक्षी जिलों की तुलना में बेहतर हैं।

नई दिल्ली: भारत भर में सबसे कम विकसित 117 जिलों में जीवन स्तर में सुधार के लिए 2018 में लॉन्च किया गया, मोदी सरकार का एस्पिरेशनल डिस्ट्रिक्ट्स प्रोग्राम (ADP) "सुशासन के लिए एक टेम्पलेट" के रूप में उभरा है, विशेष रूप से देश के दूरस्थ और कठिन क्षेत्रों में देश, केंद्रीय वित्त मंत्री निर्मला सीतारमण द्वारा मंगलवार को पेश की गई आर्थिक सर्वेक्षण रिपोर्ट में कहा गया है।

सर्वेक्षण में इस बात पर प्रकाश डाला गया है कि कैसे कार्यक्रम शुरू होने के चार वर्षों में, कई चिन्हित आकांक्षी जिलों ने न केवल स्वास्थ्य, पोषण और शिक्षा जैसे कई संकेतकों में औसत राज्य मूल्यों को पार कर लिया है, बल्कि वित्तीय समावेशन परिणामों पर भी उनमें से कई ने औसत राज्य मूल्यों को पार कर लिया है। एक ही राज्य में गैर-आकांक्षी जिलों की तुलना में बेहतर प्रदर्शन किया।

28 राज्यों और केंद्र शासित प्रदेशों में 117 आकांक्षी जिलों की पहचान संघीय थिंक टैंक नीति आयोग द्वारा की गई थी, जो स्वास्थ्य और पोषण, शिक्षा, कृषि और जल संसाधन, वित्तीय समावेशन और कौशल विकास, और बुनियादी ढांचे से लेकर समग्र संकेतकों पर आधारित थी, जिसमें म��नव विकास सूचकांक पर ��्रभाव

वार्षिक दस्तावेज में उल्लेख

वित्त मंत्री निर्मला सीतारमण द्वारा पेश किए गए वार्षिक दस्तावेज में उल्लेख किया गया है कि देश में सबसे कम विकसित ब्लॉकों को बेहतर बनाने के लिए पिछड़े ब्लॉकों की पहचान करने और समान डेटा निगरानी और प्रतिस्पर्धा-आधारित कार्यक्रमों का उपयोग करने के लिए अब केंद्र सरकार और राज्यों द्वारा टेम्पलेट का उपयोग किया जा रहा है। संसद।

उदाहरण के लिए, स्वास्थ्य के 10 संकेतकों में, 73 आकांक्षी जिलों ने राज्य के औसत को पार कर लिया है, जैसा कि सर्वेक्षण रिपोर्ट में कहा गया है। सभी जिलों ने विभिन्न संकेतकों में उल्लेखनीय सुधार किया है।

“…स्वास्थ्य और पोषण के तहत, 46 जिलों में 45% तक सुधार हुआ है, और 23 जिलों में गर्भवती महिलाओं के स्वास्थ्य से संबंधित महत्वपूर्ण संकेतकों में 69% तक सुधार हुआ है, जिसका प्रभाव मातृ और शिशु मृत्यु दर जैसे आवृत्ति पर पड़ता है। और प्रसव पूर्व देखभाल जांच का कवरेज; गर्भवती महिलाओं द्वारा पूरक पोषण सेवन की नियमितता, और समय पर एनीमिया का पता लगाने और उपचार की दर, “आर्थिक सर्वेक्षण पर प्रकाश डाला गया।

शिक्षा के तहत, 46 जिलों में 34 प्रतिशत तक सुधार हुआ है और 29 जिलों में महत्वपूर्ण संकेतकों में 49 प्रतिशत तक सुधार हुआ है, जो छात्रों द्वारा प्राप्त सीखने के परिणामों को प्रभावित करते हैं - जैसे छात्र-शिक्षक अनुपात का अनुपालन करने वाले प्राथमिक विद्यालयों का प्रतिशत शिक्षा का अधिकार अधिनियम, 2009 द्वारा निर्दिष्ट, कार्यात्मक पेयजल सुविधा वाले स्कूलों का प्रतिशत और कार्यात्मक लड़कियों के शौचालयों वाले स्कूलों का प्रतिशत।

जब वित्तीय समावेशन की बात आती है तो कई आकांक्षी जिलों ने गैर-आकांक्षी जिलों की तुलना में बेहतर प्रदर्शन किया है। सर्वेक्षण में कहा गया है, "इसका मतलब है कि अधिक लोगों की बैंक खातों तक पहुंच है, अधिक लोगों को सरकारी बीमा योजनाओं के तहत कवर किया गया है और अधिक लोग आकांक्षी जिलों में (केंद्र के) मुद्रा ऋण सुरक्षित कर सकते हैं।....

[myrefersofficial]

Indian Budget 2023 And Its Impact On the Global Economy

On Wednesday, February 1, Finance Minister Nirmala Sitharaman introduced the Indian Budget 2023. The FM mentioned in her Budget speech that this is the first Budget of the Amrit Kaal. The main goals are inclusion, reaching the last mile, infrastructure and investment, unleashing potential, green growth, young power, and the banking industry. 

To spur economic growth, the government increased capital expenditure outlay by 33% in the Indian Budget 2023 to Rs 10 lakh crores. This significant increase represents the government's endeavor to boost growth potential, create jobs, attract private investment, and provide a buffer against global headwinds.

Budget 2023 prioritizes economic growth through capital spending, all-around inclusive development, ongoing legislative and administrative reforms, and lowering individual taxpayers' tax burden. It also sends a strong signal to the global investment and business community by restating the government's stance on fiscal deficit containment.

Private consumption and capital development, aided by an effective immunization policy, have shaped India's growth story in an otherwise unstable global macroeconomic environment. Indian Budget 2023 aims to strengthen India's position as a leading investment destination and will impact it's international image. 

A 33% rise in capital investment expenditure to 10 lakh crores, redesigned loan guarantee to MSMEs, and easing the credit cycle would boost capital formation and job development. The government's green growth policy, particularly on energy transition, attempts to account the environmental impact of industrialization. 

Furthermore, increasing tax rebates and rationalizing tax bands for individual taxpayers will result in more disposable income in their hands, thereby stimulating domestic spending. The agricultural credit target of 20 lakh crores will also help solve food security problems while positioning India as a leading exporter of food items. 

FM’s Views On The Indian Budget 2023 And Global Economy

Smt. Nirmala Sitharaman mentioned while presenting the Union Budget 2023-24 in Parliament that the Indian economy is on the right track and, despite current obstacles, is headed for a bright future. She added that India's rising global profile is due to several accomplishments such as unique World Class Digital Public Infrastructure such as Aadhaar, Co-Win, and UPI.

She also stated that this Indian Budget 2023 aims to build on the foundation laid in the previous Budget as well as the blueprint drawn for India@100, which envisions a prosperous and inclusive India in which the fruits of development reach all regions and citizens, particularly our youth, women, farmers, OBCs, Scheduled Castes, and Scheduled Tribes.

The Finance Minister stated that at these times of global problems, India's G20 presidency provides a unique chance to deepen its role in the global economic system. With the theme 'Vasudhaiva Kutumbakam,' India is leading an ambitious, people-centred agenda to solve global challenges and support long-term economic development, she noted.

She stated that the Indian economy has grown from the 10th to the 5th largest in the world in the last nine years. According to the Finance Minister, our vision for the Amrit Kaal involves a technology-driven and knowledge-based economy with solid public finances and a vibrant financial sector, and Jan Bhagidari through Sabka Saath Sabka Prayas.

She went on to say that the economic program for realizing this vision focuses on three things: giving enough chances for individuals, particularly youth, to achieve their aspirations, providing a strong impetus to growth and job creation, and finally, strengthening macroeconomic stability. 

She stated that during Amrit Kaal, the following four possibilities can be transformative in serving these focal areas in our journey to India@100: Economic Empowerment of Women, PM ViKAS, Tourism and Green Growth. According to the Finance Minister, the country has a lot to offer both domestic and foreign tourists, and there is a lot of promise there. 

She noted that the industry offers several chances for employment and entrepreneurship, particularly for young people, and that tourist promotion will be undertaken on a mission basis, with active engagement of states, the convergence of government programs, and public-private partnerships.

Speaking about Green Growth, the FM stated that India is implementing several programs for green fuel, green energy, green farming, green mobility, green buildings, and green equipment, as well as regulations for energy efficiency across diverse economic sectors. She noted that these green growth activities serve to reduce the carbon intensity.

"India is at the forefront of popularizing millet, whose consumption promotes nutrition, food security, and farmer welfare," Smt. Sitharaman cited. She stated that India is the world's largest producer and second largest exporter of 'Shree Anna,' growing numerous varieties such as jowar, ragi, bajra, kuttu, ramdana, kangni, kutki, kodo, cheena, and sama.

She said that these millets have a lot of health benefits and have been a vital part of our food for centuries. She added that to make India a global hub for 'Shree Anna,' the Indian Institute of Millet Research in Hyderabad will be supported as the Centre of Excellence for sharing best practices, research, and innovations on an international scale.

Expert Views On Indian Budget 2023 

According to Aniruddha Sarkar, Chief Investment Officer, Quest Investment Advisors, "The Indian Budget 2023 has clearly been a tremendous morale booster for middle-class people who would realize large savings. The enormous commitment for capital investment will undoubtedly be the cherry on top of this budget." 

He added that, so far, there was nothing negative about that budget announcement, and it would be a game-changer in his opinion. The FM has decided to continue The Make in India campaign. Infrastructure capital investment has increased by 33% over the previous year, demonstrating the government's ongoing emphasis on infrastructure development. 

"Inverted duty structure has been handled for several industries too. Customs tax is recommended to be cut from 21% to 13% across industries. It is a refreshing difference. Relief in the form of decreased customs duty on inputs used in manufacturing mobile phones is also particularly proposed," said Mahesh Jaising, Partner, Deloitte India.

"A 33% increase in infrastructure development spending to 10 lac crores could help the sector for overall economic development," said Poonam Kaura, Partner-Government & Public Sector Advisory- Nangia Andersen LLP. According to Debashish Biswas, Partner Deloitte India, this capex push will enable economic growth and create more jobs. 

"Huge capital expenditure in infrastructure will have a significant multiplier effect on the economy," Biswas explained. According to Rumki Majumdar, Economist, Deloitte India, with an emphasis on job creation (especially for the youth) and skill and education, Indian budget 2023 aims to create chances for a young, dynamic, and ambitious India. 

"A 33% increase in capex spending suggests that the government means business and is willing to go to any length to improve efficiency and competitiveness on par with its competing peers; this effort to build on previous efforts will likely attract more investors and start a virtuous cycle of investments," Majumdar said.

Conclusion

In the 75th year of India's independence, the world has acknowledged the Indian economy as a "bright light," with economic growth estimated at 7%, the highest among major economies, despite the significant global downturn caused by COVID-19. Overall, Indian Budget 2023 is a progressive growth-oriented budget that balances the budget and lays the groundwork for India to become a $5 trillion economy by 2026 and a developed country by 2047.

To Read More Visit Us At, https://myrefers.com/2023/02/02/indian-budget-2023-and-its-impact-on-global-economy/

[pariaritzia]

Ranveer Singh and Tota Roy Choudhury performing kathak, an Indian classical dance form typically performed by women, in ROCKY AUR RANI KII PREM KAHAANI (2023)

[natkhat-sa-shyam]

Every corporate guy ever😭

[unrefinedoffwriting]

INDIA - CHAINA RELATIONS

[snixx]

can i say something that might get me cancelled if i said it irl. why are we (indians but more specifically the indian governement) so obsessed with border and military disputes our country is literally twice the size of the entire continent of europe and/or the cumulative size of oceania and the americas put together population wise. as far as i know most of the people from these territories aren't really begging to be a part of india either why do we need such a massive fucking military budget over this shit "they can't stay independent pakistan or china will pounce if they don't belong to us anymore" don't you think that's THEIR choice and prerogative. they aren't asking to be a part of india. "if pakistan gets kashmir they will keep taking and taking and india will be in ruins" you sound like a conspiracy theorist. kashmir has never unanimously wanted to be a part of india. don't we have enough problems to worry about people are literally starving and homeless everywhere in our country. decentralisation isn't the worst thing that could happen to a territory right now we're too big and diverse a country is an indian identity we're forcing on them really the most important thing right now

[destinationweddings]

Santorini Destination Wedding

Embark on a journey of love amidst the captivating beauty of Santorini. A Santorini destination wedding is a dream woven into reality, where azure skies meet the endless expanse of the Aegean Sea. Picture saying "I do" against the iconic backdrop of whitewashed buildings perched on cliffs, the sun casting a warm glow over the caldera. As the sun sets, painting the sky in hues of pink and gold, your vows become part of the island's timeless narrative. Santorini, with its enchanting venues, delectable cuisine, and cultural richness, sets the stage for an intimate celebration that transcends borders. It's not just a wedding; it's a symphony of love echoing through the cobblestone streets and across the cerulean waters—a moment etched forever in the heart of this Grecian paradise.

[royaleofury]

Someone tell me what do we call such outfits? Because I want to buy but I don't know its name! Like the coordinated set!

[abluescarfonwaston]

Sat through a bad action movie. Annoyed. Going to transfer this to some blorbos somehow.