Key Highlights: Union Budget 2023
- PM Awas Yojna enhanced by 66% to ₹79,000 cr
- Capital investment outlay hiked 33% to ₹10 lakh cr
- Capital investment outlay is now at 3.3% of the GDP
- Effective capex to stand at ₹13.7 lakh (4.5% GDP)
- 50 additional airports, aerodromes, etc. To be set up
- Railway outlay hiked 9 times to ₹2.4 lakh crore
- ₹10,000cr allocated for urban development
- ₹6,000 cr allocated for fisheries schemes
- New programme to promote R&D in Pharma Sector
- ₹2200 cr for Horticulture development
Categories: Union Budget 2023