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Union Budget 2023 Live: The Last Budget Of Modi Govt Before Lok Sabha Elections Today
Union Finance Minister Nirmala Sitharaman will present the Union Budget 2023-24 in Parliament today, which is the last full budget of the second term of the Modi government. This year's budget is very important because the next Lok Sabha elections will be held in the country in April-May 2024. In this year's budget session, 27 meetings are going to be held till April 6, in which there will be a one-month break to examine the budget documents. The first part of the session will end on February 13. Parliament will resume on March 12 for the second part of the budget session and end on April 6

Parliament's budget session began on Tuesday with the President's address. Then Union Finance Minister Nirmala Sitharaman presented the Economic Survey for the financial year 2022-23 on Tuesday. The Economic Survey said that India's economic recovery from the Covid pandemic has been completed and the economy is expected to grow in the range of 6 percent to 6.8 percent in the coming fiscal year 2023-24. This is compared to 7 per cent in this financial year and 8.7 per cent in 2021-22. Like the previous two Union Budgets, Union Budget 2023-24 will also be given in paperless form.

Middle class expects tax exemption

The middle class families are expecting from the finance minister that this time they will get some relief in tax. The middle class is expecting a discount in income tax amid rising inflation.

Housewives have said that rising inflation is eating into their household budgets, making it difficult for them to control their spending. They said that the increasing prices of essential food items and LPG cylinders have increased their problems. So the government should pay attention to this.

The Union Budget also includes the Railway Budget, common people expect that, "Railways should see that the train fares are not increased. Also, the increased fares in the last few years should be controlled. The platform ticket rate is Rs. 50.It has been reduced to Rs 10, we want it to be reduced further."

Passengers are also very enthusiastic about the Vande Bharat trains and the bullet train project. Many people said that Vande Bharat trains should be run from all the capitals of the country. Railways still need to pay a lot of attention to cleanliness of trains. Also, the trains which were stopped during Kovid should be restarted. Regular train passengers also demanded to increase the number of trains across the country.

Passengers said that in the railway budget, attention should also be paid to ensure better food arrangements in trains. More budgetary funds are expected to be allocated for safety and cleanliness of railway passengers. They said that the government should ensure the safety of passengers and they should invest more money to secure the railway network and make it less prone to accidents. The number and frequency of trains should also be increased."

 Amid the growing expectations of the public regarding the Union Budget 2023, the top industrialists of the country have also put their suggestions for the Union Finance Minister Nirmala Sitharaman. Arihant Infrastructure CMD Ashok Chhajer told that the government should focus on reducing home loan rates. He said, "The government should reduce home loan rates. The affordable housing segment, which has been capped at Rs 45 lakh, should be changed to Rs 60-75 lakh in metro cities and tier-2 cities. is the average cost of a house."

Niranjan Hiranandani, MD of Hiranandani Group said that the budget should focus on more investment in roads, railways, ports, airports and highways as well as slum rehabilitation schemes. He said that if multimodal transport becomes successful in the next 2-3 years, the cost of logistics for every item in the country can be reduced by 3-4 percent. He said, "The logistics cost in India is 13 percent. If our multi-modal transport case is successful in the next 2-3 years, we can reduce the logistics cost for each item in the country by 3-4 percent."

'Increase in health infrastructure spending'

Experts in this field said that a major expectation of the health care sector from the upcoming budget 2023 is an increase in spending on health care infrastructure. Keeping in view the Covid epidemic, the budget 2021-2022 and 2022-2023 focuses on the healthcare sector of the country. During Budget 2022-2023, the Center in its budget announced the launch of an open platform for the National Digital Health Ecosystem, which includes digital registries of health providers and health facilities, unique health identification and universal access to health facilities.

Apart from this, Sitharaman also highlighted the launch of the National Tele-Mental Health Programme, which involved creating a network of 23 telecentres for the mental well-being of individuals and families.

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