The Ultimate List Of Budget 2023 Reactions By Leading Entrepreneurs, CEOs, Founders & Policymakers

The Union Budget for 2023 and the financial year 2022 has been announced by our finance minister Nirmala Sitaraman on February 1, 2023. 

It has some significant steps towards women's enablement. The budget focuses on providing equal opportunities and enabling women to become self-reliant. The following are some of the highlights of the Indian Union Budget 2023.

Finance minister Nirmala Sitharaman termed the Union Budget 2023 as the first Budget of 'Amrit Kaal' and said that the Indian economy is on the "right track and heading towards a bright future." 

Education and skill development:

The budget has allocated a substantial amount towards the education and skill development of women. The government has announced the setting up skill development centres exclusively for women in rural areas. This move aims to provide vocational training to women and equip them with the necessary skills to start their own businesses.

Healthcare:

The budget has also given importance to the healthcare of women. The government has announced the launch of a national health insurance scheme exclusively for women. This scheme will provide financial assistance to women who are in need of medical treatment. Additionally, the government has announced the setting up of women's health centres in rural areas to provide healthcare facilities to women.

The Budget 23 announcement highlighted India's reputation as a hub of entrepreneurship and innovation, and the government's efforts to support this ecosystem by extending the deadline for income tax benefits from 31 March 2023 to 31 March 2024. This move is expected to boost the growth of startups, particularly in the travel and tourism industry, which has been adversely affected by the pandemic. With the onset of India's Amrit Kaal, the future of the startup ecosystem seems promising, and the travel and tourism sector is poised to contribute significantly to the country's economic progress.

The government's top priority, as announced by Finance Minister Nirmala Sitharaman during her Budget speech is inclusive development, with the mantra of inclusive growth aimed specifically at youth, farmers, women, differently-abled people, and other underprivileged groups.

Overall, the Indian Union Budget 2023 has taken some significant steps towards women's development. The budget has recognised the importance of providing equal opportunities to women and has taken various measures to ensure their safety and security. The budget has also recognized the contribution of women in multiple sectors and has announced schemes to support them. These steps are a significant move towards empowering women and making them self-reliant.

Read the Mint article here: https://www.livemint.com/budget/budget-2023-reactions-business-leaders-respond-to-budget-11675219981043.html 

CXO Today Union Budget Reactions 2023. Read more at: https://www.cxotoday.com/cxo-bytes/union-budget-reactions-2023/