Budge Session: Nirmala Sitharaman tabled the Economic Survey in the parlaiment today.
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:
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Ahead Of Budget, Chief Adviser Says Keep Finances Tight To Keep Loan Rates LowAmid 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.
Separate Toilets Led To Lower School Dropout Rates For Girls: PresidentSteps 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".
Steady Decline In School Dropout Rate, Increase In Enrolment: Economic SurveyThere 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)," .
"Great Potential" In India's Civil Aviation Sector: Economic SurveyThe 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.
6.8% Inflation Not Too High To Deter Consumption Or Weaken Investment: SurveyRBI'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.
"Reforms were happening even when the banking system was being cleaned up": Chief Economic Advisor Dr V Anantha Nageswaran
"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
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.
Finance Minister Nirmala Sitharaman tables Economic Survey in parliament
Economic survey tabled in Lok Sabha
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.
"On one hand, Ayodhya Dham is being made and on the other hand, a modern Parliament is also being constructed": President Murmu in Parliament
"Government Working Towards Permanent Solution To Problems Of Poor": President Murmu
"Garibi hatao' is not just a slogan anymore. My government is working towards a permanent solution to the problems of the poor": President Murmu in Parliament
India's Self-Confidence Is At Its Peak, says President Murmu in her first address to parliament
"India is becoming a space power. India recently launched a provate satellite," said President Murmu in joint address to the parliament.
Budget Session LIVE: "India Has A Fearless, Decisive Government Today," Says President
"Today India has a stable, fearless, decisive government that can work to fulfil big dreams. Today India has a government that respects the honest and works to solve the problems of the poor and empower them permanently."
"Modern infra development has started in India. India is getting freed of corruption too. India is coming out of policy paralysis," she said.
"Government is of clear opinion that corruption is biggest enemy of democracy and social justice," says President Murmu
"Biggest change that has happened today is that confidence of every Indian is on top and world's view towards India has changed," President Murmu tells parliament
President Murmu Reiterates Call for Atmanirbhar Bharat
- India is moving ahead with confidence.
- The world is looking at India positively.
- Our digital network is an example for the world.
- Government working towards uplifting poor.
Budget Session LIVE UPDATES: President Murmu Addresses Joint Sitting Of Parliament
President Droupadi Murmu is addressing the joint sitting of Parliament. This is President Murmu's first address to parliament.
President Droupadi Murmu arrives in parliament. President Murmu will address a joint sitting of the Lok Sabha and Rajya Sabha shortly.
Budge Session Live Updates: M Kharge, Congress MPs To Miss President's Address Due To Flight Delays
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.
Parliament Budget Session Live Updates: President Murmu Leaves For Parliament
President Droupadi Murmu has left for the parliament, where she will address a joint sitting of the Lok Sabha and Rajya Sabha. The Economic Survey will also be tabled in the Parliament, a day ahead of the Union Budget tomorrow. The first part of the Budget Session will conclude on February 13 while the second part will be held from March 13-April 6.
"Entire World Keeping Close Eye On India's Budget: PM Modi
"Not just India, entire World is keeping a close eye on India's budget. India's budget will help brighten the hopes the world is seeing amid uncertainty in economic situation of the world. Our aim has been India first, citizen first. I am sure all our Opposition friends are ready to put their views in the parliament, which will come to use for the country," PM Modi said.
PM Modi addresses media ahead of budget session
The Economic Survey will also be tabled in the Parliament, a day ahead of the Union Budget tomorrow.
Congress Chief To Miss President's Address Due To Flights Delay From Srinagar"Due to delayed flights from Srinagar airport on account of inclement weather conditions, Leader of Opposition in the Rajya Sabha, Mallikarjun Kharge, and many other Congress MPs will be unable to attend the President's address to both Houses of Parliament at 11am today," tweets Congress leader Jairam Ramesh.
Mr Kharge, Rahul Gandhi, Priyanka Gandhi Vadra and few other Congress leaders will take a noon flight to Delhi.
AAP, KCR's Party To Boycott President's Address To Parliament TodayBRS leader K Keshava Rao has said his party will boycott the President's address to the joint sitting of both Houses of Parliament to protest against the BJP-led Centre's "failure on all fronts of governance". The Aam Aadmi Party (AAP) too said it will boycott the address. Read here.