Union Budget 2023 to incorporate every section's expectations: MoS Finance

Ahead of the presentation of Union Budget 202324 in the Parliament on Wednesday Minister of State for Finance Pankaj Chaudhary said that the budget will incorporate the expectations of every section of society and will stand on everyones expectationsUnion Finance Minister Nirmala Sitharaman will table the Budget 2023 in Lok Sabha today at 11 amThis will be the Narendra Modi governments last full Budget in this term of the ParliamentSpeaking to ANI ahead of the Budget MoS Finance said that the peoples expectations would be reflected in the Budget which will be presented later todayThis is the budget incorporating the expectations of every section of society Indian economy is on track due to the leadership of PM Modi and the supervision of Nirmala Sitharaman The Economic Survey also suggests the same The budget has been made keeping in view all sections of society and it will stand on everyones expectations Chaudhary saidMoS Finance Dr B Karad told reporters that all making are making progress and cited the Economic SurveyAlso Read Union Budget 2023 Know date time who will present it and other detailsCountry has made good recovery from COVID If we look at Economic Survey all sectors are making progress Compared to other countries our economy is good When PM took oath in 2014 India was 10th in terms of economy today it is 5th he saidToday the Budget will be presented before the Parliament by FM at 11 am Before that under her leadership my colleague Pankaj Chaudhary and Secretary will meet the President at 9 am At 10 am under PM Modis leadership a cabinet meeting will be held the Minister addedThis years Budget holds much significance as the country is scheduled to have the next Lok Sabha election in AprilMay 2024The budget session of the Parliament began on Tuesday with Presidents address This years budget session is going to have 27 sittings till April 6 with a monthlong recess to examine the budget papers The first part of the session will conclude on February 13 Parliament will reconvene on March 12 for the second part of the Budget Session and conclude on April 6The Union Finance Minister Nirmala Sitharaman on Tuesday tabled the Economic Survey for the Financial Year 202223The Economic Survey said that Indias economic recovery from the Covid pandemic is complete and the economy is expected to grow in the range of 6 per cent to 68 per cent in the coming financial year 202324 This is in comparison to 7 per cent this fiscal and 87 per cent in 202122Like the previous two Union Budgets Union Budget 202324 will also be delivered in paperless formAmid growing public expectations around the Union Budget 2023 top business leaders of the country have also put forward their suggestions for Union Finance Minister Nirmala SitharamanArihant Infrastructures CMD Ashok Chhajer told ANI that the government should focus on reducing home loan ratesThe government should reduce home loan rates The affordable housing segment which is capped at Rs 45 lakh should be changed to Rs 6075 lakh which is the average cost of a house in Metro cities and 2tier cities said Chhajer