The annual outlay for the Ministry of Culture was increased by 13 per cent, taking it to Rs 3,399.65 crore. Out of this, Rs 1,103 crore has been allocated to the Archaeological Survey of India (ASI), which is mandated for the protection, preservation and conservation of protected monuments, and excavations of sites.
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In her speech, Finance Minister Nirmala Sitharaman mentioned an extensive exercise being undertaken by the government for the digitisation of ancient inscriptions. The Bharat Shared Repository of Inscriptions (BharatSHRI), a digital epigraphy museum comprising 1-lakh ancient inscriptions will also be set up by the ASI in Hyderabad.
Besides, the Ministry has allocated Rs 1,046.22 crore to the 34 central autonomous bodies under its purview, such as akademis, museums, libraries and other cultural institutions across India, to support their programmes and activities.
Union Budget 2023: All you need to know
Also ReadUrban infra boost for Tier 2, 3 cities: Rs 10,000 crore per yearUnion Budget 2023 income tax slabs: New tax regime is default, rebate inc…Immovable property: Period for long-term gains cut to 2 yearsFM radio industry has flourished, 388 private stations in 2022 June quart…↗️ Finance Minister Nirmala Sitharaman’s Union Budget 2023 has some big takeaways↗️ First, what everyone has been looking forward to: changes in the new income tax regime. She has made the new tax regime more attractive. There are changes in the rebate limit and in tax slabs. What does this mean for the taxpayer?↗️ FM Sitharaman proposed a 33% increase in capital investment outlay, raising it to Rs 10 lakh crore. This is the biggest in the past decade. What does it mean?↗️ Some articles get cheaper and others get costlier due to changes in customs duty. Here is a list↗️ The capital outlay for the railways has been increased to the highest ever – Rs 2.40 lakh crore. The government is trying to create more jobs↗️ FM Sitharaman said the fiscal deficit will fall to 5.9% of the GDP. What does it mean for the stakeholders?↗️ The FM called it the ‘first Budget of Amrit Kaal’. PM Narendra Modi said it will build a strong foundation for a developed India. What did opposition leaders say?
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