Finance Minister's 2013-14 Budget Targets Growth with Focus on Deficits, Investment, and Inclusive Development in India.
The 2013-14 budget presented by the Finance Minister focuses on navigating the Indian economy through global economic challenges, aiming for inclusive and sustainable growth. Key priorities include addressing fiscal and current account deficits, inflation, and encouraging foreign investment. The budget proposes increased allocations for sectors like health, education, rural development, and infrastructure. It emphasizes inclusive development with significant funds for marginalized communities, women, and children. Tax proposals include a surcharge on high-income individuals and companies, tax benefits for first-time home buyers, and measures to enhance investment in manufacturing. The budget also outlines plans for improving financial inclusion, skill development, and environmental sustainability.