shot-button
Lake Levels Lake Levels
Home > Mumbai > Mumbai News > Article > Budget 2023s main focus is growth Mumbai should be liking proposals FM Nirmala Sitharaman

Budget 2023's main focus is growth; Mumbai should be liking proposals: FM Nirmala Sitharaman

Updated on: 04 February,2023 01:40 PM IST  |  Mumbai
PTI |

The finance minister said it was the "express desire" of Prime Minister Narendra Modi to continue with the elevated public capital expenditure, due to which she has proposed a higher outlay of Rs 10 lakh crore under the head

Budget 2023's main focus is growth; Mumbai should be liking proposals: FM Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman. Pic/PTI

Union Finance Minister Nirmala Sitharaman on Saturday said growth is the main focus of the budget for FY24 presented by her recently.


The budget proposals establish both fiscal consolidation and growth, especially inclusive growth, Sitharaman said during her maiden interaction with stakeholders outside the national capital since presenting the budget on February 1.


"Growth is the main focus. We want to sustain that recovery, sustain that growth," Sitharaman, accompanied by the top ministry officials at the outreach event, said.


She gave credit for ensuring growth to the people of the country, who absorbed the relief and policy measures introduced by the government since the onset of the pandemic to make India the second-fastest growing economy.

Also Read: 'Substantial changes' made in personal I-T in Budget 2023, says FM Nirmala Sitharaman

The finance minister said it was the "express desire" of Prime Minister Narendra Modi to continue with the elevated public capital expenditure, due to which she has proposed a higher outlay of Rs 10 lakh crore under the head.

She also thanked the budget-making team for making it possible to devote such a high quantum of resources for the task amid the myriad challenges like the need for fiscal consolidation.

"Mumbai should be liking it (the proposals)," Sitharaman said.

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!

Register for FREE
to continue reading !

This is not a paywall.
However, your registration helps us understand your preferences better and enables us to provide insightful and credible journalism for all our readers.

Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK