Budget 2023

"7 pillar of Budget" 2023, or I would say " Saptrishiiii Aastrh"

Recently the budget of 2023 has announced. Our Finance minister Ms. Nirmala sitharaman jii come up with good opportunities and "Amrit Kaal Ka" Incredible India in 2047 after completion of 100 years of Aazadiii ka Amrit Mahotasav.

This time the Indian Government plan proposes to spent the total expenditure 45,03,097 in across the Indian territory. but included into it 35,021,36 of revenue expenditure and 10,00,961 of capital expenditure. so this much amount they have planned for next Financial year.

this is the first time introduced "Amrit kaal ka budget". because I believe India is futuristic or visionary leadership among the all top 10 countries. because India is the only country, who having ample amount of "youth power" and this is the Anatomical between the India and others rest of the countries.

Although this time India have fiscal deficit quite high. it has vary b/w 7-9%. this is huge difference in amount. because percentage never give you the correct picture of amount. it has state in minor difference. but there is a one committee formed in India The Fiscal Responsibility and Budget Management (FRBM) Act, 2003, who states the how much (%) do we need fiscal deficit for good growth. it does work as a supposed/required to reduce it or increase the deficit. So it basically means it has give the clear indication to India government that you have to be bit minimize your fiscal deficit. otherwise the we all are going in the problematic situation such as high inflation in the market and high increment in tax slap or affected the macro level environment and so on so fourth.

So as a lower level category and as a being Indian citizen, what do we have taken benefits in this budget for "common man". so there are couple of schemes has introduced, which would be giving you good amount of benefits. once you would be attached in these kind of stuff. because ultimately govt. should have empowered their lower category. so this is our responsibilities to take advantages and the most important in tax regime slap. i mean in the next one FY you have securitize up to 3 lakh and no need to pay tax. so up to 3 lakh tax exempted.

India have a great vision and futuristic phoneme for the next 5 consecutive years. Budget is nothing it is just an " Quantum value", which measure and monitor one FY. yet Indian government have 3 trillion economy and India wants 5 trillion economy in next 4 consecutive years. so that India will become or perhaps secure their 3rd position in the world.

so how it tremendously goal would be achieved. it is not act of one overnight. it takes thousands of hours. so we all need to be curious about their works. so that we all come up with the same platforms. so from by today itself we have to give our best and with honest towards the Indian economy or perhaps "Bharat ka Sapna ab Apna".

Although Ms. Nirmala jii comes into the picture along with Saptrishii, which actually tribute towards the 2047. In 1991, our late shri manmohan singh had presented the first time budget of the PV Narsimha Rao government and obviously it was presented after 3 decades back. it was kind of world challenged economy budget and after couple of month later the crisis was held acute and deep in Indian economy. but what I am trying to say it was best budget forever, which was more focused in to bottom area or perhaps grassroot problems.

So if I start comparing that this budget is not carry any kind of uniqueness. because every budget has comes into the picture carry along with inclusive development, Infrastructure and investment, schemes, relief on tax slap regime and sustainable development etc. after 1947, Indian independence there have been 73 annual budget present in the parliament. so all budget had targeted these kind parameters. but the one point was separate that is political party regime. some time congress and some time BJP. so that's why the changes held, just because of party has involved and catering the public demand as per their interest instead of "long vision".

But this time something new environment for exploring the strength of India in future. so hurty congratulation to each one of Indian citizen that please give your best and do what you want to love. so that our small- small contribution makes big impact to wards the Indian economy ! JAI HIND JAI BHARAT!