This Article is From Jan 31, 2023

Parliament Budget Session Highlights: India's Economy To Grow 6.5% In 2023-24

Budget Session Highlights: The Economic Survey was presented after President Draupadi Murmu address to the parliament.

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Budge Session: Nirmala Sitharaman tabled the Economic Survey in the parlaiment today.

New Delhi:

India's economic growth is forecast to be 6.5 per cent in fiscal 2024, according to the Economic Survey released by the government a day ahead of the Union Budget presentation. The Economic Survey was tabled by Finance Minister Nirmala Sitharaman, her fifth since 2019. The Economic Survey was presented after President Draupadi Murmu address to the parliament.

India has a "fearless, decisive government today", President Murmu said as she addressed a joint sitting of parliament on the opening of the Budget session. "The government will complete nine years soon. The biggest change today is that every Indian is at the peak of their confidence. Today, India is becoming a solution for the world's problems," President Murmu said in her debut address.

The Economic Survey will be tabled in the Parliament today, a day ahead of the Union Budget. The first part of the Budget Session will conclude on February 13 while the second part will be held from March 13-April 6.

Several Congress MPs, including Leader of Opposition in Rajya Sabha Mallikarjun Kharge, will not be able to attend the President's address due to delayed flights from Srinagar on account of bad weather, party leader Jairam Ramesh said. The Congress leaders and MPs are in Srinagar for the concluding events of the Bharat Jodo Yatra on Monday.

Here are Highlights on Budget Session 2023:

Jan 31, 2023 18:26 (IST)
Ahead Of Budget, Chief Adviser Says Keep Finances Tight To Keep Loan Rates Low
Amid expectations of tax relief for middle class in the Budget, Economic Survey on Tuesday suggested that the government should follow the path of fiscal prudence as it will benefit all sections of society by keeping interest rates low. Read here.

Jan 31, 2023 18:25 (IST)
Separate Toilets Led To Lower School Dropout Rates For Girls: President
Steps taken by the government like construction of separate toilets for girls in schools and a scheme related to sanitary pads have led to a sharp decline in dropout rate of girls, President Droupadi Murmu said on Tuesday.

Addressing a joint sitting of Parliament on the first day of the Budget Session, she said from education to career, the central government is trying to remove all obstacles for "daughters".
Jan 31, 2023 18:24 (IST)
Budget Session: Opposition Parties Allege President's Speech Misses Out Key Issues
Opposition parties on Tuesday criticised the President's address alleging that the speech was like the "first chapter" of the ruling BJP's manifesto for 2024 and key issues related to price control, communal harmony and women were "missing".
Jan 31, 2023 18:08 (IST)
Steady Decline In School Dropout Rate, Increase In Enrolment: Economic Survey
There has been a steady decline in the school dropout rate and increase in enrolment both in school and higher education, the Economic Survey for 2022-23 tabled in Parliament on Tuesday showed. The gender parity has also improved in this financial year, the survey, tabled by Finance Minister Nirmala Sitharaman, stated.

"The Gross Enrolment Ratios (GER) in the primary-enrolment in Class 1 to 5 as a percentage of the population in age six to 10 years - for girls as well as boys has improved during the financial year (FY)," .
Jan 31, 2023 16:55 (IST)
"Great Potential" In India's Civil Aviation Sector: Economic Survey
The country's civil aviation sector has "great potential" owing to growing demand from the middle class, higher disposable incomes and favourable demographics, while air travel has rebounded with the lifting of the coronavirus pandemic-related curbs, according to the Economic Survey.

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Jan 31, 2023 16:29 (IST)
Jan 31, 2023 16:25 (IST)
India's GDP Growth To Slow Down To 6-6.8%, Forecasts Economic Survey: 10 Points
India's economic growth is forecast to be 6.5 per cent in fiscal 2024 compared to 7 per cent in the current fiscal, according to the Economic Survey released by the government a day ahead of the Union Budget presentation.
Jan 31, 2023 16:23 (IST)
6.8% Inflation Not Too High To Deter Consumption Or Weaken Investment: Survey
RBI's projection of retail inflation at 6.8 per cent in the current fiscal is neither too high to deter private consumption, nor so low as to weaken inducement to invest, the Economic Survey said on Tuesday. However, entrenched inflation may prolong the tightening cycle and therefore, borrowing costs may stay 'higher for longer', it said. Read here.
Jan 31, 2023 14:37 (IST)
Jan 31, 2023 14:35 (IST)

"Reforms were happening even when the banking system was being cleaned up": Chief Economic Advisor  Dr V Anantha Nageswaran
Jan 31, 2023 14:34 (IST)
"Pandemic Recovery Stage Over For India": Chief Economic Advisor
"Share of private sector investment in agriculture is higher in last 12 years": Chief Economic Advisor
Jan 31, 2023 14:13 (IST)
Jan 31, 2023 13:54 (IST)
"Decisions Taken In National Interest Put India In Better Place": President
Underlining the role of political stability in the country's development, President Droupadi Murmu today said that India is in a better position as compared to other countries due to the decisions taken in the national interest by the central governm
Jan 31, 2023 13:24 (IST)
India's Economy To Grow 6.5% In 2023-24
India's economic growth is forecast to be 6.5 per cent in fiscal 2024, according to the Economic Survey released by the government a day ahead of the Union Budget presentation, the fifth by Finance Minister Nirmala Sitharaman since 2019.
Jan 31, 2023 13:18 (IST)
India's Economy To Grow 6.5% In 2023-24 Compared To 7% In Current Fiscal
India's economic growth is forecast to be 6.5 per cent in fiscal 2024, according to the Economic Survey released by the government a day ahead of the Union Budget presentation, the fifth by Finance Minister Nirmala Sitharaman since 2019.
Jan 31, 2023 13:02 (IST)
Finance Minister Nirmala Sitharaman tables Economic Survey in parliament
Jan 31, 2023 12:58 (IST)
Economic survey tabled in Lok Sabha
Jan 31, 2023 12:34 (IST)
Budget Session Live Updates: Chief Economic Advisor To Present Economic Survey Today

The wait for the annual national Budget is almost over as the Union government is set to table the Economic Survey today. Union finance minister Nirmala Sitharaman will table the pre-Budget document in the Parliament after President Droupadi Murmu's address to the joint sitting of the two houses of Parliament.
Jan 31, 2023 12:28 (IST)
Jan 31, 2023 12:07 (IST)
"On one hand, Ayodhya Dham is being made and on the other hand, a modern Parliament is also being constructed":  President Murmu in Parliament



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