By IBNS Feb 01, 2023
Union Finance Minister Nirmala Sitharaman will present the last full budget of the Modi government 2.0 before it seeks re-election next year. This will be Sitharamans fifth budget presentation since the BJP-led government came to power in 2019 for the second consecutive term. The Economic Survey 2022-23 tabled by Sitharaman in Parliament on Tuesday has projected FY 2024 growth at 6-6.8%.
Although a baby compared to one of Indias most established street arts festival the Kala Ghoda Festival of Mumbai the Behala Art Fest promises to be as interesting with its wide range of programmes and cross-cultural presentations.
.jpeg)
The festival is open to all.
Initiated by founder-partner Behala Notun Sangha and convened by popular artist Sanatan Dinda, the festival is woven round the central concept titled Unbound referring to humankinds deep-seated urge for mukti or liberation from bondage, be it social, political or economic.
One of the key features of the festival are the installation arts, where 18 artists have interpreted the idea of liberation in their own way and given shape to their thoughts through site-specific art works which go beyond conventional mediums and elements.
Behala Art Fest 2023 has also invited artists from Bangladesh, Philippines and Vietnam, thus endowing this festival with a global dimension.
This year, the art festival is dedicated to renowned filmmakers Ritwik Ghatak (1925 1976) and Mrinal Sen (1923 2018); to celebrate Sens birth centenary year, the walls of one of the lanes have been entirely devoted to the man and his works.
Shilpacharya Zainul Abedin (1914 1976) is remembered for his outstanding contribution to the social cause of art.
.jpeg)
Artist-teachers, Professor Samindranath Majumdar (Kolkata) and Professor Debraj Goswami (Baroda) are curating this festival as moderators while Professor Soumik Nandy Majumdar (Santiniketan) is the conferee of this edition.
.jpeg)
Said Sundeep Bhutoria, chairperson of Behala Art Fest, I have an enduring passion for the arts, having worked closely with artists, both celebrated and aspiring, and promoted their work through my various initiatives. It is a pleasure to be associated with the fourth edition of the Behala Art festival where the theme will be expressed via diverse mediums, and at various locations across the city.
What: Behala Art Fest 2023, Kolkata Where: Behala (in the vicinity of number 14 bus stand), south Kolkata When: February 3 to 5, 2023; 2pm to 10pm
Nirmala Sitharaman to present Budget 2023 from 11 am
Wed, Feb 01 2023, 10:57 AM
LIVE at 11 am Union Finance Minister @nsitharaman to present the #UnionBudget 2023-24 in Parliament Watch on #PIBs Facebook: https://t.co/YLxwhcVMqq YouTube: https://t.co/98WziRP2dK#UnionBudget2023
PIB India (@PIB_India) February 1, 2023
Sitharaman calls on President Murmu before presenting budget
Wed, Feb 01 2023, 10:57 AM
Union Finance Minister @nsitharaman called on President #DroupadiMurmu at @rashtrapatibhvn before presenting the #UnionBudget 2023-24 pic.twitter.com/WLFx6S4v5g
PIB India (@PIB_India) February 1, 2023
Nirmala Sitharaman arrives in Parliament
Wed, Feb 01 2023, 11:09 AM
Union Finance Minister @nsitharaman arrives in Parliament to present #UnionBudget 2023-24 Stay tuned for the highlights and watch the #AmritKaalBudget Speech here??https://t.co/98WziRP2dK#UnionBudget2023 pic.twitter.com/CDCVtuTtG4
PIB India (@PIB_India) February 1, 2023
This is the first budget in Amrit Kaal: Sitharaman
Wed, Feb 01 2023, 11:10 AM
Sitharaman said, This is the first budget in Amrit Kaal, this budget hopes to build on the foundation laid in previous budget and the blueprint laid for India@100, we envision a prosperous and inclusive India in which the fruits of development reach all.
The world recognized India as bright star: Sitharaman
Wed, Feb 01 2023, 11:11 AM
Sitharaman said, The world has recognized India as a bright star, our growth for current year is estimated at 7.0%, this is the highest among all major economies, in spite of massive global slowdown caused by pandemic and the war.
Indian economy on right track: Sitharaman
Wed, Feb 01 2023, 11:12 AM
Sitharaman said, The Indian economy is on the right track, heading to a bright future. Our focus on reforms and sound policies resulting in Jan Bhagidari helped us in trying times, our rising global profile is due to several accomplishments.
Entire expenditure of PM Garib Kalyan Anna Yojana borne by Centre: Sitharaman
Wed, Feb 01 2023, 11:14 AM
Sitharaman said, Entire expenditure of about Rs. 2 lakh crore under PM Garib Kalyan Anna Yojana is being borne by the central government, for supplying free food grains for one year to all Antyodaya and priroity households.
G20 Presidency helps to strengthen India's role in world economic order: Sitharaman
Wed, Feb 01 2023, 11:15 AM
Sitharaman said, G20 Presidency gives us a unique opportunity to strengthen our role in the world economic order, we are steering an ambitious people-centric agenda to address global challenges and facilitate sustainable economic development.
Indian economy increased to fifth largest in the world in 9 years: Sitharaman
Wed, Feb 01 2023, 11:16 AM
Sitharaman said, Indian economy has increased in size from being tenth to 5th largest in the world in the last 9 years, we have made significant progress in many SDGs, economy has become lot more formalized, efficient implementation of schemes has brought about inclusive development.
India's economy growing at 7 percent: Sitharaman
Wed, Feb 01 2023, 11:17 AM
FM sees economy growing at 7 percent in the current fiscal year, which is the highest among major economies.
Govt's focus on reforms and sound policies helped us in trying times: Sitharaman
Wed, Feb 01 2023, 11:18 AM
Sitharaman said, Our focus on reforms and sound policies resulting in Jan Bhagidari helped us in trying times, our rising global profile is due to several accomplishments.
Tourism will be promoted in private and public partnership: Sitharaman
Wed, Feb 01 2023, 11:19 AM
Sitharaman said, Promotion of tourism will be taken up with active support of states and in private and public partnership.
ICMR labs will be made available for private sector for collaborations: FM
Wed, Feb 01 2023, 11:29 AM
Sitharaman said, ICMR labs will be made available for private sector for collaborations.
Economic empowerment of women can be transformative: FM
Wed, Feb 01 2023, 11:31 AM
Sitharaman said, Economic empowerment of women is one opportunity which can be transformative in achieving our vision by focusing on the above areas.
FM states seven focuses in Budget
Wed, Feb 01 2023, 11:32 AM
Sitharaman said, 7 focuses in Budget. 1. Inclusive development. 2. Reaching last mile. 3. Infrastructure and investment. 4. unleashing potential. 5. Green growth. 6. Youth Power. 7. Financial Sector.
FM proposes to increase capital expenditure
Wed, Feb 01 2023, 11:36 AM
FM proposes to increase capital expenditure by 33 percent to Rs 10 lakh crore, which would be 3.3% of the GDP.
Agriculture credit target expanded to Rs 20 lakh crore: FM
Wed, Feb 01 2023, 11:36 AM
Sitharaman said, Agriculture credit target expanded to Rs 20 lakh crore.
Govt to set up 157 nursing colleges: FM
Wed, Feb 01 2023, 11:36 AM
Govt to launch a Rs 2,200 crore Aatmanirbhar clean plan programme: FM
Wed, Feb 01 2023, 11:37 AM
Agriculture Credit Target to be increased to Rs. 20 lakh crores: FM
Wed, Feb 01 2023, 11:42 AM
Sitharaman said, Agriculture Credit Target to be increased to Rs. 20 lakh crores, with focus on animal husbandry, dairy and fisheries.
FM proposes three Artificial Intelligence (AI) research centres for Make AI in India and Make AI Work for India
Wed, Feb 01 2023, 11:43 AM
FM said three Artificial Intelligence (AI) research centres of excellence will be set up in top educational institutions for Make AI in India and Make AI Work for India. Leading industry players will partner in this research. FM emphasises on AI eco-system for scalable problem solution in health, agriculture and sustainable cities.
FM announces National Digital Library
Wed, Feb 01 2023, 11:45 AM
Sitharaman has announced a national digital library for children and adolescents to make up for the learning loss during the pandemic.
PAN Cards will be used as common business identifier: FM
Wed, Feb 01 2023, 11:49 AM
Digilocker services will be expanded: FM
Wed, Feb 01 2023, 11:50 AM
100 labs for developing applications for using 5G services will be set up: FM
Wed, Feb 01 2023, 11:55 AM
Sitharaman said, 100 labs for developing applications for using 5G services will be set up. It will enable smart class room and precision farming, intelligent transportation and healtcare.
Artificial Intelligence research centres of excellence will be set up in top educational institutions: FM
Wed, Feb 01 2023, 11:58 AM
Sitharaman said, Three Artificial Intelligence (AI) research centres of excellence will be set up in top educational institutions for Make AI in India and Make AI Work for India. Leading industry players will partner in this research. FM emphasises on AI eco-system for scalable problem solution in health, agriculture and sustainable cities.
50-year- interest-free loan to states to continue for one more year: FM
Wed, Feb 01 2023, 12:07 PM
Sitharaman said, The 50-year interest-free loan to state governments to be continued for one more year, to spur investment in infra and to incentivize them for complimentary policy actions, with enhanced outlay of Rs. 1.3 lakh crores.
157 new nursing colleges will be established in core locations: FM
Wed, Feb 01 2023, 12:11 PM
Sitharaman said, 157 new nursing colleges will be established in core locations. A mission to eliminate sickle cell Anemia by 2047 will be launched entailing awareness creation universal screening of 7 cr. people in affected tribal areas.
50 additional airports, helipods, water aerodromes and advanced landing grounds to be revived for improving regional air connectivity: FM
Wed, Feb 01 2023, 12:12 PM
States to be encouraged to set up unity mall in state capitals: FM
Wed, Feb 01 2023, 12:13 PM
Sitharaman said, States to be encouraged to set up unity mall in their state capital for the promotion and sale of their one district one product, GI products, and other handicraft products and for providing space for such products of all other states.
No tax on income upto 7 lakh: FM
Wed, Feb 01 2023, 12:30 PM
Sitharaman said, Those with income upto 7 lakh will not have to pay any tax at all.
FM announces new tax regime
Wed, Feb 01 2023, 12:32 PM
Sitharaman has announced new tax regime where rebate extended to upto Rs 7 lakh. No change in tax in old tax regime.
FM announces 'one-time, new small savings scheme for women'
Wed, Feb 01 2023, 12:57 PM
One-time, new small savings scheme for women- Mahila Samman Savings Patra (certificate)- will be made available for two year period up to March 2025.
This will offer deposit facility for women/girls upto to 2 lakh for two years tenure at fixed 7.5 percent interest rate with partial withdrawal option.
For senior citizen maximum deposit limit for saving scheme will be enhanced from Rs 15 lakh to Rs 30 lakh
The Monthly income scheme (MIS) increased to Rs 9 lakh, up from Rs 4.5 lakh, for single account. For joint accounts the limit has gone up to Rs 15 lakh, up from Rs 9 lakh.
Sitharaman announces new tax regime for 2023-2024
Wed, Feb 01 2023, 01:27 PM
?New tax regime per year
1. Rs. 0-3 lakh: No tax 2. Rs. 3-6 lakh: 5 percent tax 3. Rs. 6-9 lakh: 10 percent tax 4. Rs. 9-12 lakh; 15 percent tax 4. Rs. 12-15 lakh: 20 percent tax 6. Above Rs. 15 lakh: 30 percent tax
?Note: ?T?ax rebate upto announced upto Rs. 7 lakh ?