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"Budget 2023 balances requirement of India's development imperatives...": Sitharaman in Lok Sabha

By ANI | Updated: February 10, 2023 21:55 IST

Union Finance Minister Nirmala Sitharaman on Friday participated in a general discussion on Budget 2023-24 in Lok Sabha and ...

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Union Finance Minister Nirmala Sitharaman on Friday participated in a general discussion on Budget 2023-24 in Lok Sabha and said that the budget astutely balances the requirement for India's development imperatives within the limit of fiscal prudence.

"In simple words, budget 2023-24, astutely balances the requirement for India's development imperatives within the limit of fiscal prudence. That is a very difficult balance, it is a very delicately balanced tact," Sitharaman said.

"Since the pandemic when the economy dipped by minus 23, our efforts to recover the economy have been through the capex route (capital expenditure route) from the government's side. This is because it has a great multiplier effect," she added.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: indiaNirmala SitharamanSabhaNirmala seetharamanIndiUk-indiaRepublic of indiaIndia indiaGia indiaIndia eu
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