Call it a push for claiming India's rightful place at the high table of global economic management spurred on by the G20 presidency, a case for disseminating the dividends of an internationally hailed quick recovery among the stakeholders or simply a poll bugle ahead of the 2024 race to Raisina Hill, Nirmala Sitharaman's Budget 2023 is a bold narrative of a country that wants to go beyond a beacon light in an otherwise forecasted lacklustre growth landscape.
The ambition is justified against a backdrop of a transformational shift as detailed by the Finance Minister in her 5th Budget address. Per capita income has more than doubled to 1.97 lakh in around nine years, the Indian economy has increased in size from being 10th to the 5th largest in the world in the past nine years and underlined the strength of inclusive governance through a EPFO membership which has more than doubled to 27 crore.
While 9.6 crore LPG connections have been provided under Ujjwala, 47.8 crore own PM Jan Dhan bank accounts, there is insurance cover for 44.6 crore persons under PM Suraksha Bima and PM Jeevan Jyoti Yojana and cash transfer of 2.2 lakh crore to over 11.4 crore farmers has been achieved under PM Kisan Samman Nidhi.
This story is from the February 02, 2023 edition of The Daily Guardian.
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This story is from the February 02, 2023 edition of The Daily Guardian.
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