Economic empowerment of women is one opportunity which can be transformative in achieving our vision by focusing on the above areas, said the Finance Minister…reports Asian Lite News
Union Finance Minister Nirmala Sitharaman said that the G20 Presidency has given a unique opportunity to strengthen India’s role in the world economic order.
“We are steering an ambitious people-centric agenda to address global challenges and facilitate sustainable economic development,” she said while presenting the Union Budget in Parliament on Wednesday.
“The Indian economy has increased in size from being tenth to 5th largest in the world in the last nine years. We have made significant progress in many SDGs, the economy has become a lot more formalised, efficient implementation of schemes has brought about inclusive development,” she said.
Economic empowerment of women is one opportunity which can be transformative in achieving our vision by focusing on the above areas, said the Finance Minister.
Budget’s focus on inclusive growth
Finance minister Nirmala Sitharaman has said that the
economic agenda for the government’s vision focuses on facilitating opportunities for citizens, providing strong impetus to growth and job creation as well as strengthening macroeconomic stability
In her speech while presenting the Union Budget for 2023-24 on Wednesday, Sitharaman said, “Seven priority areas of the Budget are inclusive development, reaching the last mile, infrastructure and investment, unleashing the potential, green growth, youth and financial sector.”
She further informed that the agriculture accelerator fund for agri startups will be set up.
The agricultural credit target will be increased to Rs 20 lakh crore with a focus on animal husbandry, dairy and fisheries, the finance minister informed.
Sitharaman also announced that a cooperative-based model has been adopted to support the small and marginalised farmers.