Budget 2023: Here's a list of 5 big key takeaways

Budget 2023

Finance Minister Nirmala Sitharaman has tabled the Union Budget 2023 in Parliament. Editorji brings you the key takeaways from her speech:

1. India as a bright star: The world has recognised India as a bright star as the country is recording healthy economic growth despite global uncertainties, Finance Minister Nirmala Sitharaman said during the budget.

2. Indian Economy 5th Largest Now: FM Sitharaman started the Budget by saying that the Indian economy has increased in size from being the 10th largest to the 5th largest in the world in the past nine years.

3. Seven budget priorities (Saptarishi): FM Sitharaman announced seven priorities of the Budget or 'Saptarishi'. These are inclusive development, reaching the last mile, infrastructure and investment, unleashing the potential, green growth, youth power and the financial sector.

4. Highest-ever capital outlay for railways
The capital outlay for the railways has been increased to the highest-ever Rs 2.40 lakh crore in the Union Budget for 2023-24, Finance Minister Nirmala Sitharaman said on Wednesday.

Presenting the budget in Lok Sabha, Sitharaman said the outlay for the railways is nine times the amount provided in 2013-2014.

5. Journey to India@100: To service these focus areas in our journey to India@100, we believe that the following four opportunities can be transformative during Amrit Kaal.
Amrit Kaal is described by the government as the 25-year period culminating in the centenary of India's independence.
"The budget adopts following seven priorities -- inclusive development, reaching the last mile, infrastructure and investment, unleashing the potential, green growth, youth power and financial sector," she said.