Key Points

Union Finance Minister Nirmala Sitharaman presented the Union Budget 2023-24 in Parliament on 1 February 2023. It is the first budget of ‘Amrit Kaal’.

  • Since 2016, the budget is being presented on first day of February. Union Budget is referred to as the Annual Financial Statement in Article 112 of the Indian Constitution.
  • Despite the global slowdown due to COVID-19 pandemic and Russia-Ukraine war, India's economic growth is estimated at 7%, which is the highest among all major economies.

  • Since 2014, the per capita income has more than doubled ....
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Budget 2023-24