“This is the first budget in Amrit Kaal, this budget hopes to build on the foundation laid in the previous budget,” Nirmala Sitharaman said during the Budget speech.
Finance Minister Nirmala Sitharaman while unveiling the Budget 2023 on Wednesday.
By India Today Web Desk: “This is the first budget in Amrit Kaal, this budget hopes to build on the foundation laid in the previous budget and the blueprint laid for India@100, we envision a prosperous and inclusive India in which the fruits of development reach all,” Finance Minister Nirmala Sitharaman said in her Budget 2023 speech on Wednesday.
“The Indian economy is on the right track and heading towards a bright future. India’s global profile is rising due to world-class digital infrastructure and proactive role in frontier areas,” she pointed out.
In her speech, she said, “This Budget lays a futuristic ‘Amrit Kaal’ for women, youth and marginalised communities, big public investment for infrastructure guided by PM Gati Shakti, productivity enhancement, energy transition and climate action and financing of investments.”
“Our vision for the Amrit Kaal includes a technology-driven and knowledge-based economy, with strong public finances and a robust financial sector. To achieve this ‘janbhagidari’ through ‘sabka saath, sabka prayaas’ is essential,” the finance minister said.
What is Amrit Kaal?
In 2021, Prime Minister (PM) Narendra Modi used the term “Amrit Kaal” for the first time during the 75th Independence Day celebrations. He used Ãmrit Kaal while laying out a new roadmap for India for the next 25 years.
Amrit Kaal aims at bettering the lives of Indians and bridging the development gap between villages and cities. It also aims to usher in the latest technology and digitization and reduce government interference in public life.
PM Modi had said, “While India has made rapid strides, there should be a ‘saturation’ of development and 100 percent accomplishments with every village having roads, every family having a bank account, every eligible person having health insurance, card, and gas connection.”
Calling this period a “culmination of hard work, sacrifice and austerity”, he said that this is a period of 25 years to get back what our society has lost in hundreds of years of slavery.
The word Amrit Kaal has its origin in Vedic astrology. Amrit Kaal is the critical time when the gates of greater pleasure open for the inhuman, angels and human beings. Amrit Kaal is considered the best and most auspicious time to start new work.