Finance Minister Nirmala Sitharaman began her Budget speech by expressing empathy for those who suffered during the COVID-19 pandemic. The finance minister said that India’s growth is estimated to be at 9.2 per cent, the highest among all large economies. Here are top announcements from her Budget proposals so far:
- Strides Pharma Shares Up 2% After Shareholders Approve Specialty CDMO Unit
- HCLtech To Display GenAI-based Chatbot, Other Solutions at SEMICON India 2024
- Lemon Tree Hotels Surged 2% on Signing New Property in Mumbai
- Premier Explosives Shares Shot Up 5% on Deal With Astra Microwave
- 54th GST Council Meeting’s Outcomes, Rate Cuts
For farmers to adopt natural farming, a comprehensive package for the participation of State governments & MSMEs is to be introduced.
Hospitality services by the small & medium sector are yet to bounce back. Therefore, the government has decided to extend the ECGL service for this sector by March 2023 with an increased cover of Rs 50,000
Skilling programs will be reoriented. For skilling, upskilling & reskilling of our youth, Digital DESH e-portal will be launched.
‘One Class One TV Channel’ will be increased from 12 to 200 TV Channels to provide supplementary education in regional languages for classes 1-12.