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Union Budget 2023-24 : Explained! - So Called Happenings

Union Budget 2023-24 : Explained!

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Ippudu unde Modi government nunchi raboye last Union Budget gurinchi ee article lo telusukundam. Ee budget enduku last antey next year lok sabha elections jarugabothunnay. Government span aypothondhi. Ee budget mukyam ga nalugu vidhaluga divide chesaru. Ah nalugu enti ante, okati pandemic, rendu economy debbatinabothondhi ani anukuntunnaru, moododhi vasthuvula yokka dharalu yentha perigayi ani and nalugo reason employment issues.

Pandemic

Mundhu ga pandemic gurinchi mataladukundham, andariki telisina vishyam enti antey ee covid-19 mana Indian economy ne kakunda anni deshala economy ni debba teesayi. Mana India debba tinindhi and kolukunindhi kuda, ippudu covid-19 valla India ki etuvanti ibbandi ledhu. Kani motham recover ayipoyam antara? Dani gurinchi mataladukovatam maanesam, kani ila cheyatam valla manam kolukunnam anukunte saripothundha? Manam news and newspapers lo chusi untam, ippatiki covid-19 badha peduthune undhi. India ni kaadu emo kani China lo inka ee covid cases vasthunnayi. Miru anukovachu, China lo kada cases vasthe manam enduku worry avvali, India ki enti ibbandi ani. Daniki simple answer, trade relations.

India ki China ki madya chaala yekkuva trade relations unnayi, China nunchi chala raw materials manam import chesukuntunnam. Pharmacy ki kilakamaina raw materials China nunchi manam import chesukuntunnam. Pharmacy ki sambandinchinavi matrame kaadu, auto mobiles and solar sector ki sambandhinchina raw materials lantivi kuda import chesukuntunnam. Ila chusukunte inko wave of pandemic kanaka China ki vachinattu ayite, China nunchi exports aagipovachu dani valla India ki ibbandi kalugavachu.

Inflation

Next inflation gurinchi telusukundham. Rate lu perigipovatam. Ee inflation valla mana Indain economy okkatey debba tinaledhu, western countries kuda ee issue ni face chesaru. Ee inflation valla federal reserve, like European reserve bank lanti pedda banks valla interest rates ni penchesaru. Ila interest rates America lanti developed countries lo perigayi antey, India nunchi konugolu chese vasthuvula midha yekkuva dabbu velthundhi, antey India nunchi normal kanna yekkuva ga dabbu velthundhi.

Ippudu USA lo unna FOMC aney oka committee interest rates ni penchudhama ledha employment issues valla alaney unchudhama ani discuss chesthunnaru. Ee iflation valla imports ki matrame ibbandi, mana Indian market lo undadhu anukuntey adhi porapatu avuthundhi. Inflation rate perigindhi antey Indian economy perugataniki chances taggiothayi. Inflation rates perigayi antey RBI ki vere daari leka India lo kuda interest rates penchutharu. Dini valla loans costly ayipothayi and investments ki kuda ibbandi vasthundhi, specifically private sector investments. kani recent two or three months nunchi chusukunnattu ayite retail inflation koddiga taggindhi, ala ani inflation jarugadhu ani cheppukolem. But recent ga malli konchem peragadam tho REPO rate pencharu.

Recession

Next recession, antey economy debbathinabothondhi. Specific ga Indian economy lo recession jarugabothondhi ani kaadu, konni developed countries lo jarugabothondhi. And akkada jarigithe adhi India ni kuda affect chese chances unnayi. Diniki Karanam globalization. Manam global market nunchi chala products import chesukuntam, dini valla problem ledhu, problem unnadhalla exports daggara. Okavela USA lo kani ledha ye European countries lo ayina recession jarigindhi antey kachitamga Indian market exports valla debba tintundhi. Recent ga exports lo Indian economy taggindhi.

Employment

Fourth and last one, employment. Andaram anukovachu employment rate perigindhi ani, kani chala companies, including Indian and multinational companies valla employees ni teesesthunnaru, ye Karanam lekunda. Kani Karanam undhi, reason yenti antey recession jarugachu yemo aney udhesam tho. Recession jarigithe valla financial status saripoka povachu ani. Recent ga publish ayina data chusukunte 14 year high unemployment rate record ayyindi Indian economy lo.

Ee nalugu vishyalani base chesukoni government ee year Union Budget ni announce chesaru. Ee year budget lo mainly seven areas ki top priority ichindhi Indian government. Avi,

1) Infrastructure

2) The green growth

3) Inclusive development

4) Youth power

5) Unleashing the potential

6) Reaching the last mile

7) Financial sector

1) Infrastructure

Infrastructure gurinchi telusukune mundhu inko dani gurinchi telusukundham, multiplier effect. Infrastructure midha investment cheyatam recent years lo chala perigindhi, private sector nunchi and government sector nunchi kuda. Mukhyam ga government sector nunchi last four to five years chusam antey investment chaala perigindhi. For example, last year. i,e financial year 2022-23  chusukunnam antey, government propose chesina capital expenditure investment is 7.5 lakh crore rupees. Kani government ichina news prakaram only 7.3 lakh crore was invested. Idhi takkuvey anukovachu, kani manaki news vachindhi February 1st antey financial year inka complete kaaledhu. Financial year march 31st complete avuthundhi. Kachitamga estimated kanna yekkuvey aye chances unnayi. Ee Union budget lo extra 3.3 lakh crore rupees add chesunnaru, adhi yenduku anedhi taruwata telusukundham.

Ippudu ee 2023-24 financial year budget for infrastructure chusam antey 10lakh crore rupees, antey last financial year ki ee year ki almost 33% hike ayyindi. Last two or three years nunchi 33% hike anedhi jaruguthondhi. Ippudu asalu bgovernment budget ani yeppudu cheppina danilo chusukovalsina points rendu untayi, okati government direct ga spend chese money, accounted as capital expenditure and rendodhi GCCA, dinni kuda oka part of revenue expenditure ga anukuntam. Grants for the Creation of Capital Assets. Ila rendu rakalu ga divide ayina budget GCCA kosam indaka mataladukunna 3.3 lakh crore rupees. Idhi last year vesina estimated revenue expenditure. Adhe ee year ki 10 lakh crore rupees is direct government expenditure and revenue expenditure oka 3.7 lakh rupees ni kalipithe, 13.7 lakh crore rupees. Ippudu multiplier effect gurinchi telusukundham.

Capital Expenditure

Capital expenditure antey money ni asset midha invest cheyatam. For example, government roads veyinchali ani anukunnappudu kani ledha airports develop cheyali anukunnappudu kani, money ni chaala rakaluga invest chestham. Investment in raw materials, investment in man power ila chala rakaluga invest chestham. Mana gamaninchinattu ayite ee investments kuda peruguthune unnayi. Ee investments valla employment rate peruguthundhi, production of goods will be improved, janalu sampadhinchatam modhalu pedutharu. Dini valla economy cycle anedhi abhivrudhi chendhuthundhi. Anduke government last two years ga yekkuva capital infrastructure midha invest chesthondhi.

Infographic taken from “The Hindu”

Ippudu total capital expenditure, government direct ga karchu pette amount 10lakh crore rupees matrame, the other 3.7 lakh crore is not under capital expenditure.  Last year antey budget for 2022-23 lo prathi state ki 1 lakh crore loan isthamu annaru, ee 1 lakh crore kuda government direct ga states ki ivvadhu, ee 1 lakh crore yenti antey state lo expenditure for assets kosam konni conditions tho istharu. Ee 1 lakh crore lo kontha bhagam central approve chesina reforms kosam and migatha bhagam state lo cheyali anukunna vaati kosam.

Central approved reforms kosam ichedhi unconditional ga untundhi, idhi distribute chese padhathi yenti antey, recommendations of devolution provided by the 15-finance commission, but state lo infrastructure development kosam government ichedhi conditional. Ee year budget lo government 1 lakh crore ni kastha 1.3 lakh crore chesindhi. Ivi interest free loans. Veetiki tenure 50 years, antey re-payment 50 years ki chestharu. Dinilo kuda kontha bhagam conditional and inkontha bhagam unconditional.

Urban Finances (Urban Infrastructure Development Fund)

Urban finances gurinchi chala reports vasthunnayi, RBI monthly bulletins nunchi oka report vachindi and world bank nunchi kuda oka report vachindi yenti antey, raaboye 20 years lo population in the cities perugabothondhi, dini valla cities ki kavalsina infrastructure ni provide cheyataniki investments perugabothunnayi. Dinni drushtilo pettukoni central government oka proposal ni tisuku vachindhi, adhe UIDF- Urban Infrastructure Development Fund. Ee UIDF yenti antey, government urban level areas kosam separate ga funds issue chesthundhi, yentha issue chesthundhi anedhi manaki teliyadu yendukante idhi proposal maatrame inka idhi vaadakam loki raaledhu. Dini gurinchi charchalu jaruguthunnayi. finance minister yem annaru antey, oka city UIDF ki eligible ani cheppali antey, urban local bodies credit rating improve avvochu ani state prove cheyagaligithe appudu assistance istham.  Yedaina municipality market nunchi appu tisukovali ani anukunnappudu vallaki oka credit rating untundhi, danni meet avvali. Alage ee UIDF kuda oka certain credit rating undali.

Railways

Infographic taken from “The Hindu”

Inthaka mundhu varaku infrastructure development lo railways ki maatram separate budget undedhi, kani ippudu adhi kuda union budget lo kalipesaru. Ee year Railways ki infrastructure budget 2.04 lakh crores. One of the highest budget. Railways yokka operating ration recent times lo improve ayyindi. Operating ration antey, the amount of expenditure and the amount generated by railways.

2) The Green Growth

Ee madya kalam lo gamaninchinattu ayite, government renewable energy midha chala investmets chesthondhi, vaati vivaralu ippudu manam telusukundham. Indian government renewable energy ki switch avvataniki yenno initiatives chesthondhi. Diniki example ga government solar power midha yekkuva money ni invest cheyatam start chesthondhi. Recent years ni gamanisthe India one of the leading countries ayyindi, solar panels expensive aney stage nunchi solar power using and afford cheyagalige stage loki vacham. Idhe kakunda green hydrogen midha kuda Indian government prayogalu chesthondhi. Hydrogen ledha green hydrogen usage kotha yem kaadu, chala industries hydrogen ni fuel ga use chestharu. Kani ee green hydrogen valla oka upayogam yenti antey, environment damage kakunda tayaru chese hydrogen. Inka ilantivi cheyali ani Indian government initiative tisukundhi.

Green Credit Program

Ila launch chesina oka program ye Green Credit Program. Ee program lo yedaina oka non-government community valla land lo ledha valla chuttu unna parisarallo 3 years paatu akkada chetlanu penchadam vaatini poshinchatam chesthe, ah 3years span taruwata forest department vallaki compensate chesthundhi. Yenduku chesthundhi antey, ah community land lo government cheyaleni oka pani chesinanduku, forest ni penchinanduku and Indian government forestation perugataniki chesina oka pani. Tana daggara unna sontha resources nunchi cheyalekapothe, chesina vallaki compensate cheyatam easy ani. Ee vishyam lo inka chaala details finalize kaaledhu, diniki certain guidelines untayi and certain conditions untayi avi follow ayite ne compensation ivvabaduthundhi.

PM-PRANAM

Next is PM-PRANAM, India lo chala manchi farming land undhi, farming cheyatam kosam Indian government states ni and states farmers ni alternative fertilizers ni use cheyamani encourage chesthondhi. Manaki telisina okka vhishyam yenti antey, farmers lo yekkuva percent people small scale farmers, vellaki fertilizers and urea konatam ibbandi ayipothundhi, konali antey government subsidy lu prarambhinchali daniki acapital yekkuva avasaram. Yentha avasaram antey, oka farmer subsidy lo urea konali antey minimum 6000 rupees per ton karchu pettali adhe dani original price chusarante 17000 per ton. Ah renditi madya gap 11000, idhi per ton ki, dinni yentha mandi farmers unnaro danitho multiply chesthe chala yekkuva avuthundhi. Ee gap ni tagginchadam kosam government fertilizers kakunda inkedaina fertilizers ni like natural farming use chesarante government nunchi koddiga incentives ni pondhachu. Capital tagginchadame kakunda bhoomiki fertilizers tho kakunda natural ga paninchenduku government tisukunna initiative idhi.

GOBARdhan

Dinitho paatu GOBARdhan scheme ni kuda prarambhincharu. Dinni prarambhinchindi Jalshakthi ministry. vella moto yenti antey, okka agriculture lo ne kaadu migatha panulanu kuda cheyali ani, like biogas which can be used as fuel, dini kosam government 500 waste to wealth plants ni sthapinchindhi.

MISHTI

Government MISHTI scheme ni kuda launch chesaru, Mangrove chetla perugudhala kosam. Environment gurinchi mataladina prathisari mangrove chetla gurnchi vasthundhi, avi environment ki chaala upayogam and natural calamaties nunchi kapaduthayi kuda. Mangrove chetla kosam cop27 lo oka charcha jarigindhi, anni deshalu vaati avasaram gurinchi telusukunnayi.

Amrit Dharokar

Inkoti Amrit Dharokar, optimal usage of wetlands, neeru unde areas ni gamaninchi vaatini farming kosam use chesukovali, dini valla mana environment safe ga undhi ani telusthundhi.

Green growth lo focus cheyabadda main issues ivey.

3) Inclusive Development

Dinilo agriculture plays a main role, yenduku agriculture antey dinilo almost 45% of work force involve ayuntundhi. Adhe kakunda agriculture GDP lo kani exports lo kani yekkuva bhagam use avuthundhi.

Government of India prathisari budget lo agriculture kosam farmers ki loans ketayistharu. Last year ki 18.5 lakh crore rupees nunchi ee year budget lo 20lakh crore ki increase ayyindi. Dinni agriculture credit antaru.

Agriculture Accelerator Fund

Next is agriculture accelerator fund, mundhu ga oka economic report gurinchi mataladukundham, ah report yem chepthondhi antey, agriculture technology startups 1000 ki paiga unnayi India lo. Chala mandi ee startups lo supply chain of millets lo yekkuva palgontunnaru. Last 4 to 5 years data tisukunnam antey, more than 6000 crore rupees private equity ane peru tho ah tech startups midha invest chesaru. Ila tech startups ki funding ichinattu ga agriculture accelerator fund anedhi start chestham ani finance minister chepparu. Idhi proposal matrame, asalu ee funding uddesham agriculture technology perugalani, manaki andariki telusu agriculture technology lo India lag avuthondhi ani. Dinni marchadam kosam technology penchatam kosam ee agriculture accelerator fund.

Millets Market

India is one of the largest producers of the millets market. Motham globally tisukunnattu ayite 20% of millets market is owned by India, India lo produce cheyatame kakunda exports kuda jaruguthundhi. Asia motham lo India 60 to 70% millets ni produce chesthundhi. Indian government oka stand tisukoni India ni oka hub for millets in the global market cheyali anukuntondhi, ee scheme ki vallu pettina peru “Sree Anna”.

Finance minister veetitho paatu storage capacity ni penchataniki investments chesthamani chepparu. Chala production prathi year waste ayipothondhi, dini valla farmers ki yentho loss vasthondhi. Dini valla supply and demand lo hechu taggulu ravochu.

Matsya Sampada Yojana

Inko scheme, Matsya Sampada Yojana, launch cheyabothunnaru, diniki capital ga 6000 crore rupees istharu.

4) Youth Power

Youth kosam government of India kotha pathakalani amalu cheyali anukuntondhi. Youth ki saripada chaduvuni, skills ni ichi, vallani world lo oka major source of skilled labour ga cheyalani government chala pathakalani amalu chesaru.

Recent ga oka issue rise ayyindi, population of China taggindhi. Dini valla India ki yenti problem ani meeru anochu. Problem tho paatu advantages kuda India ki ippudu unnayi. Mana Indians yokka average age ni calculate chesthe, India lo ni yekkuva percent population working age lo unnaru. Dini valla youth yekkuva pani cheyagalaru and economy ni penchataniki yenthaina sahaya padagalaru. Yenno developed countries kanna ee vishyam lo India ki advantage undhi. Kani, yekkuva population working age lo unnantha maatrana GDP maaripothundhi ani kaadu. Danni maarchali antey oka chinna gap ni fill cheyali. Adhe skills. Okappudu skills vere, ippudu skills vere.

Pradhan mantri Kaushal vikas yojana 4.0

Ippudu youth ni skilled labour ga marchali antey kavalsina skills yenti antey AI, robotics, mechatronics etc. Ilanti skills untey India lo unna youth ni skilled person ga maarchi mana desham nunchi export cheyalani prayathnisthondhi India. India konni years nunchi ee skill program ni continue chesthondhi. Prathisari government ee skills lo oka adugu mundhe undela chusukovatam deshaniki chala manchidhi. Andhu kosame government of India “Pradhan mantri Kaushal vikas yojana 4.0” prarambhinchindhi.

Skill India digital platform

Danitho paatu “skill India digital platform”, ee platform main theme kuda Indian youth ni skilled ga maarchatam and skilled people ki aardhika sahayam chesi vallani entrepreneurs ga marchadam.

Tourisim ni kuda penchali ani P.M Modi chala chotla mataladuthu vacharu. Ee pandemic valla yekkuva ga affect ayina oka platform yenti antey tourism maatrame. Dini valla chala mandiki upadhi lekunda poindi, like drivers, tourist guides, local shop owners near tourist spots. Anduke India tourism lo initiative tisukundhi. 50 destinations to be selected and developed. India lo deserts, wetlands, beaches and snow undey lands kuda unnayi, ilanti places ni develop chesthe GDP ki chala upayogam.

One District – One Product

Government nunchi vachina oka manchi initiative yenti antey, setting up unity malls in state capitals. Dinilo oka interesting vishyam yenti antey, oka product midha focus cheyatam kosam, ODOP (One district one product) ane padhathini launch chesaru, ah district vallaki unna skills nunchi oka product ni tisukoni government danni promote chesthundhi, idhi konni years kritam start chesaru. Ee pani ki inkoddiga help cheyataniki state capitals lo malls kattistham antunnaru government. Ila kattinchadam valla ah product akkadiki vachi explore chesi konachu ani.

Veeti anniti nunchi government yem cheppadaluchukundhante ila cheyatam valla jobs yekkuva avuthayi. Andariki jobs untayi, mana population lo youth yekkuva mandi unnaru ani cheppukovatam easy ye kani valla andariki jobs unnayi ani cheppatam kashtam. Ee initiatives valla andariki jobs vuntayi ane udhesam tho government ee initiatives tisukuntondhi.

Affordable Health for All

Recent times gurinchi telisinadhe, pandemic. Ee time lo mana India ne kakunda anni deshalu valla health care budget ni malli malli pariseelinchukunnaru. Indian government ee point kosam health expenditure ni 2.1% of GDP ni ivvali ani fix chesaru. Interesting part yenti antey pandemic appudu health expenditure increase ayyindi kani ah taruwata years lo decrease ayyindi, kani government of India, maku ippatiki telisindhi health care sector ki expenditure yekkuvey undali ani antondhi. Mana population and valla per capita income ni consider chesthe, chala mandi private sector lo health kosam karchu pettaleru. Alanti samayallo ee badyatha government tisukoni ah people ki help cheyali. Anduke health care budget ni penchamu ani government of India cheppindi.

Ee vishayanni rendu vidhaluga tisukovachu, okati 2.1% of GDP antey manchidi ani cheppukovachu kani ithara deshalatho compare chesukunte, like Israel, south korea tho, vallu 4% of GDP ni health care kosame karchu chestharu. 2.1% kuda takkuva yemi kaadu, valla initiative kuda manchidhe.

Government “sickle cell anemia elimination mission” ni kuda start chesindhi. Vallu yem annaru antey, ee vyadhi ni 2047 loga eliminate chestham annaru. Ila chaala diseases ni eliminate cheyali ani government cheppindi, vaatiloki ihi kuda add avuthundhi.

Dinitho paatu 157 new nursing colleges ni kuda yerpatu cheyabothunnaru. Dinilo interesting point yenti antey, India is net exporter of health care workers, doctors maatrame kakunda nurses kuda chala mandi India nunchi ithara deshalaku velli pani chese valle. Government of India ee vishyanni realize ayyi ee nursing colleges prarambhinchali ani nirnayam tisukundhi.

ICMR labs prarambhinchabothondhi, eesari private medical research tho kalisi, dinitho paatu pharmaceuticals lo research penchataniki yenno programs rabothunnayi. Manam discuss chesinattu China nunchi raw materials ni import chesukuntunnam, ee imports ni tagginchataniki government of India tisukunna initiative idhi.

Journey to India @100

Idhi manaki chaala dhooram lo undhi kani government of India mundhu ganey announce chesaru. India yokka 100 years of independence gurinchi ee part budget lo mention chesaru. 2047 chaala dhooram lo undachu kani ah year chala important year because India ki independence vachi 100 years avuthundhi.

Ah 2047 kosam government chala plan chesindhi, sickle cell anemia lantivi chala unnayi. Ivey kakunda government of India women yokka pramukyatha ni telusukundhi. Mana republic parade lo kuda theme of Nari Shakti was the highlight. Economy ki boost ivvali antey danilo women kuda oka part ayyundali ani government anukoni, “economic empowerment of women” anedhi modhalu petti danilo women ki skills nerpinchadam tho paatu vallani entrepreneurs ni cheyali anukuntunnaru.

PM Vishwakarma Kaushal samman, mana desham lo unna traditional artisans ki financial support mana traditional art ni tayaru chese valla sankya penchali anukuntunnaru. Dini valla Indian products ki value peruguthundhi, danitho Indian GDP and economy improve aye chances unnayi.

India lo tourism ni improve cheyataniki recent years lo tier-2 and tier-3 cities lo airports start chesaru. Idhi oka manchi nirnayam ani cheppukovachu. Ippudu ah cities lo attractive places untey, now we have direct connection with the city.

5) Unleashing the Potential

Kontha mandi business persons and konni institutions agencies kani inkedaina person daggaraku velli konni surveys adugutharu, ee surveys lo rise aye oka point yenti antey, business ye issues lekunda jaragali antey government sahayam undali. Veeti kosam government eesari budget lo konni changes chesindhi.

“Ease of doing business”, 39000 compliances have been reduced and 3400 have been decriminalized. Business cheyataniki follow avvalsina rules and regulations lo nunchi 39000 compliances ni reduce chesaru, dani tho paatu 3400 regulations ni decriminalize chesaru, antey chinna chinna mistakes ki criminal ani mudra veyakunda, fine/penalty tho saripedutharu ani antunnaru. business cheyatanni koddiga sulabhaparusthunnaru.

Production of lab grown diamonds, mana andarilo diamonds antey nachani vallu undaru. Mana earth crust lo diamonds dorakatam taggipothondhi, dini valla artificial ga diamonds tayaru chese trend start ayyindhi ithara countries lo, mana Indian government ee diamonds tayari vidhananni promote cheyataniki custom duties ni taggistham ani chepthondhi. Ila cheyatam valla Indian economy ki kuda upayogam.

6) Reaching the Last Mile

Dini midha government cheppina oka line, “no one to be left behind”. India yekkuva population unna country, ee desham lo unna prathi okkariki government help kavali. Anni tribes ki and andaru backward people kosam chesina ee prayathname ee reaching the last mile.

Particularly Vulnerable Tribal Group

Pradhan Mantri PVTG (particularly vulnerable tribal group) development mission, tribal people kosam ee pathakanni start chesaru, vallaki andaritho paatu ga chaduvu andajeyatam kosam ye ee prayathnam.

Karnataka loni karuvu pranthalaki micro irrigation facilities kosam financial assistance mi provide cheyabothunnaru. yenduku Karnataka maatrame, yenduku migatha states ni mention cheyaledhu antey. Idhi trail maatrame, mundhu ga oka state lo start chesi adhi successful ga work ayite appudu migatha parts of India lo try chestharu.

Tribals kosam yerpatu cheyabadda 740 “eklavya schools” 38800 more teachers ni appoint cheyabothunnaru.

Free food grains to all antyodaya, pandemic lo start chesina ee pani ni inka konasaginchabothunnaru.

Bharat SHRI

Bharath SHRI, digitalization of ancient inscriptions, manaki telisina vishayam yenti antey tribals yevaritho kalavaru, vallaki separate food culture, medicines and a lots more untayi, vaati annitini sekarinchi vaatini digitalize cheyali ani anukuntunnaru. Migatha valla andariki kuda ee knowledge teliyataniki ee scheme ni start chesaru.

PM Awas Yojana

PM Awas Yojana, government of India prathi okkariki valla sontha illu undali aney udhesam tho ee karyakramanni chepattindhi, indhulo budget ni 66% ki penchindhi. Recent years lo Indian government chala panulu chesindhi ee karyakramanni cheyataniki. Like subsidy on home loans, interest rates tagginchatam lantivi.

Government of India ee year budget tho tana aalochanalni and unna problems ni focus chesi cheppindhi. Ikkada manam telusukovalsina mukyamaina vishyam yenti antey, ippudu cheppina budget list motham proposals maatrame. Cheppinavi anni chesthara leka cheyagalara anedhi yevvaru cheppaleru. Konni jarugachu konni jarugalevu. Asalu konni implement cheyagalara anedhi kachitamga cheppalem.

7) Financial Sector

Finance minister yem chepparante, customers ni kapadatam kosam konni amendments jaruguthayi, banking regulation act of 1949, RBI act of 1934 lanti vaatilo amendments jaruguthayi. Yenduku antey customers ki banking sector midha nammakam pokunda. Dinitho paatu manufacturing sector and services sector ki connect aye oka point chepparu.

Credit Guaranteed Trust for Micro and Small Enterprises

CGTMSE revamped, Credit Guaranteed Trust for Micro and Small Enterprises. Asalu credit guaranteed trust antey yenti, miru oka chinna vyapari anukondi, miku capital kosam bank ki vellinappudu, vallu check chesedhi mee earnings. Takkuva ga untayi, dinitho paatu pedda business tho polchukunte international market lo kani domestic market lo kani miku risk yekkuva. Dini valla banks chinna vyaparulaki capital ivvatam risk ani anukuntaru.

Indhukosam government ee scheme ni start chesaru, government oka trust fund ni start chestharu, dini valla banks ki ledha yedaina financial institution ki ee chinna vyaparula midha oka trust vasthundhi, ee trust fund kuda andariki labhinchaka povachu kani kontha satham mandiki ayina upayoga paduthundhi ga. Dabbulu vyaparulu ivvalekapothe ee trust fund lo nunchi reimburse chestharu. Ila cheyatam valla chinna vyaparulaki iche loans midha interst rates tagguthayi. Dabbulu government reimburse chesina cheyakapoina, chesthanu ani cheppatam valla banks ki risk margin tagguthundhi. Risk taggatam valla micro and small enterprises ki loans vasthayi.

Ee CGTMSE scheme kothadhi kaadu, inthaka mundhu nunchi undhi kani dinilo konni improvements chesi, ee year budget lo diniki 9000crore rupees ni allocate chestham ani chepparu. dini valla micro and small enterprises ki kuda loans issue avuthayi ani guarantee undhi.

Taxation

Tax exemption for startups extended by one more year, asalu startup company ani cheppukovali antey oka registration anedhi jarigi undali, kani finance minister ee tax exemption tenure ni gatha konni years ga penchukuntu vasthondhi. Diniki todu eesari budget lo malli inko year penchidhi. It is a 100% tax exemption.

Presumptive taxation for MSME’s is increased, presumptive taxation antey, mana budget and mana returns ni base chesukoni daniki taggattu tax ni pay cheyatam. Mana accounts ni chupinchi, ah accounts ki taginantha tax ni kaduthunnamu ani government ki prove chesukovali, generally presumptive tax rates will be 6% to some and 8% to some of them. Kani ippudu finance minister yem chepthunnaru antey, presumptive taxation limit will be increased. Antey 2crore revenue nunchi 3 crore revenue ki increase ayyindhi, so many MSME’s can have presumptive taxation.

Cooperatives, okavela veellu next one year lo manufacturing kana start chesthe vallaki lower tax rates varthisthayi. i.e., 15% tax.

Agniveer Funds

EEE status to Agniveer funds. Yevaraina agniveer ga select ayite, valla salary nunchi kontha bhagam agniveer funds loki cheruthundhi. Ilantivi chesetappudu tax kindaki vesukuntama ani miku doubt ravachu. Ivi tax kindaki raavu, it will all be exempted.

Ee schemes valla, government next year ki expect chese tax amount will be, 35000 crore rupees.

Personal IT Regime

Pic Taken from valueresearchonline.com

New personal IT regime, intake mundhu unna tax system ni koddiga modify chesaru, intake mundhu mee income upto 5lakh rupees untey tax rebate chesukovachu, danni ippudu 7lakh daka maarcharu.  Mee income 0-3 lakh untey no tax, 3-6 lakh ayite 5% tax, 6-9 lakh ayite 10% tax, 9-12 lakh ayite 15%, 12.5-15 lakh ayite 20% and above 15lakh ayite 30% tax.

Expenditure & Revenue

Total government expenditure for this year will be around 45,03,097 crore rupees. highest spent on interest. Interest antey yento kaadu, intake mundhu tisukunna loans yokka interest.

Where money goes to?

Ye government ki ayina revenue should be greater than the expenditure, India last year revenue ni compare chesthe, it need more than 17.8 lakh crore rupees for this year estimated budget.

Where money comes from?

Government intha dabbu ni yekkada nunchi tisukosthundhi anu anukunte, 58% of money for the budget previous year taxes nunchi vasthundhu, migatha money lo 34% to 36% appu ga tisukuntundhi. Migatha 8% to 6% other sources nunchi vasthundhi.

Government expenditure lo more than 20% inthaka mundhu tisukunna appu ki interest payment kosam pothundhi.

Distribution to States

15th Finance Commission chesina recommendation prakaram states ki 41% distribute chesaru. Adi ee vidhanga chesaru.

Infographic taken from “The Hindu”

Conclusion

Inflation and recession not only in India and other developed countries, Russia-Ukaraine war, pandemic in China, rising CAD and trade deficit. Ee nalugu manaki concerns ga unnayi, ee nalugu valla economy debba tintundhi. Manam Russia vaipu unnama leka Ukraine vaipu unnama anedhi point kaadu, ee war jaruguthunnantha varaku economy debba tintundhi.

Inflation and recession, China pandemic, rising CAD and trade deficit, ee nalugutilo yedi ayina Indian economy ni debba teeyagalavu. Mata varasaku ee nalugu samasyalu peddavi kaavu ani anukunte, konni favours India ki jaruguthunnayi, veeti valla Indian economy bagu pade chances unnayi. Avi yenti antey, chala deshalu China plus one aney starategy ni amalu chesukunnaru, okka desham midha ne depend avvakunda migatha countries midha kuda depend avvali ani start chesaru. Ah countries lo India andarikanna yekkuva hope ni isthunnaru. IMF stated that most of the growth will come from India as well as China.

Inflation concern ayundachu kani adhi ippudu slow avuthondhi. Core inflation perugatam ledhu. And rising CAD and trade deficit gurinchi tisukunte, world bank nunchi vachina report tisukunte, India is going to receive 100billion dollars in the form of remittance. Ila prathi okkati concern ye kani, prathi okka concern ki oka limit undhi. Ah limit ni maintain chesthe India will continue to live like a bright spot in the global market.

Thank you for reading. Please leave a review!

Also read Executive vs Judiciary – The Ongoing War!

Checkout Basic Structure of Indian Constitution – Kesavananda Bharati Case, Explained!

Bubblie

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