Major Highlights Of Budget 2023

Major Highlights

• Railways get highest ever allocation of Rs 2.4 Lakh Crore

• Agricultural credit target increased to Rs 20 Lakh Crore

• 50 additional Airports, Heliports planned

• Mahila Samman Savings Certificate for two years, deposits of up to Rs 2 Lakh at 7.5% Interest

• Senior Citizen’s Savings Scheme deposit limit raised to Rs 30 Lakh

• Income tax rebate limit increased from Rs 5 Lakh to Rs 7 Lakh under new tax regime

• Allocation for PM Awas Yojna increased by 66 % to over Rs 79,000 Crore

• 157 New Nursing Colleges in Major Locations

• Eklavya Model Residential Schools - 38,800 Teachers will be hired

• 3 centers for excellence for AI will be set up in Top Educational Institutes

• Green Hydrogen Mission for reduced dependence on fossil fuel

• 30 Skill India international centers to be set up

• Natural Farming - 1 Crore farmers will get assistance