Landmark budget of New India that’s emerging as economic powerhouse: MoS IT

Minister of State for Electronics and IT, Rajeev Chandrasekhar, on Wednesday said that the Union Budget 2023-24 is a landmark budget of New India that is emerging as an economic powerhouse.

The country is expanding investments in modern capex, digitalisation, modern cities, and skilling for youth, tax cuts for the middle class and expanding support and opportunities for all, the minister said.

“Even as most countries struggle to emerge from the effects of two years of the Covid pandemic and the European war, India under Prime Minister Narendra Modi emerges as a strong economy and gives a tax cut to its middle class, more credits to farmers and MSMEs,” said Chandrasekhar.