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Those who have crossed 60 years and those who have retired from service after 55 years of age, are eligible to join the SCSS scheme. The maturity period is five years.
As many as 157 new nursing colleges, 748 Ekalavya model residential tribal schools are to be set up across the country.
New agricultural programmes are provided under the priority areas of inclusive development and green growth. Digital infrastructure for agriculture will be built as an open source, open standard and inter operable public good.
Nirmala Sitharaman’s 2023 Budget is a classic structuralist Budget.
Real GDP growth is expected at 6.5 per cent and the government expects to borrow a record Rs 15.4 lakh crore to bridge the revenue gap.
Raising the rebate limit to Rs 7 lakh is expected to incentivise people to shift to the new tax regime and reduce their tax burden.
To build a culture of reading and to make up for pandemic-time learning loss, the National Book Trust, Children's Book Trust and other sources will be encouraged to provide and replenish non-curricular titles in regional languages and English to these physical libraries.
Here's the list of the items that got cheaper and dearer following the Union Budget presentation on Wednesday.
Finance Minister Nirmala Sitharaman also said that the government proposes to increase the benefit of carrying forward losses for startups to 10 years.
A tax of 5% would be levied on total income between Rs 3 lakh and Rs 6 lakh, a 10% tax would be imposed on income between Rs 6 lakh to Rs 9 lakh, it would be 15% on income between the range of Rs 9 lakh to Rs 12 lakh.