IMPORTANT SCHEMES IN BUDGET 2023-24

Vision for Amrutkaal:

• This is the first Budget in Amrit Kaal.

• Our current year’s economic growth is estimated to be at 7 per cent
• from 1st January 2023, a scheme to supply free food grain to all Antyodaya and priority households
for the next one year, under PM Garib Kalyan Anna Yojana (PMGKAY)
• the G20 Presidency gives us a unique opportunity to strengthen India’s role in the world economic
order. With the theme of ‘Vasudhaiva Kutumbakam.
• the Indian economy has increased in size from being 10th to 5th largest in the world
• PM VIshwakarma KAushal Samman (PM VIKAS): For centuries, traditional artisans and
craftspeople, who work with their hands using tools, have brought renown for India. They are
generally referred to as Vishwakarma. The art and handicraft created by them represents the true
spirit of Atmanirbhar Bharat. For the first time, a package of assistance for them has been
conceptualized. The new scheme will enable them to improve the quality, scale and reach of their
products, integrating them with the MSME value chain. The components of the scheme will include
not only financial support but also access to advanced skill training, knowledge of modern digital
techniques and efficient green technologies, brand promotion, linkage with local and global
markets, digital payments, and social security. This will greatly benefit the Scheduled Castes,
Scheduled Tribes, OBCs, women and people belonging to the weaker sections.
• Priorities of this Budget: “saptarishi”
The Budget adopts the following seven priorities. They complement each other and act as the ‘Saptarishi’
guiding us through the Amrit Kaal.
1) Inclusive Development
2) Reaching the Last Mile
3) Infrastructure and Investment
4) Unleashing the Potential
5) Green Growth
6) Youth Power
7) Financial Sector
• Atmanirbhar Horticulture Clean Plant Program :

It will be launched an Atmanirbhar Clean Plant Program to boost availability of disease-free, quality
planting material for high value horticultural crops at an outlay of ` 2,200 crore.

• Global Hub for Millets: ‘Shree Anna’:

India is the largest producer and second largest exporter of ‘Shree Anna’ in the world.
➢ India will grow several types of 'Shree Anna' such as jowar, ragi, bajra, kuttu, ramdana, kangni,
kutki, kodo, cheena, and sama. These have a number of health benefits, and have been an integral
part of our food for centuries. I acknowledge with pride the huge service done by small farmers in
contributing to the health of fellow citizens by growing these ‘Shree Anna’.
 ➢ Now to make India a global hub for 'Shree Anna', the Indian Institute of Millet Research, Hyderabad
will be supported as the Centre of Excellence for sharing best practices, research and technologies
at the international level.
• PM Matsya Sampada Yojana
It will be launched a new sub-scheme of PM Matsya Sampada Yojana with targeted investment of ` 6,000
crore to further enable activities of fishermen, fish vendors, and micro & small enterprises, improve value
chain efficiencies, and expand the marke.
• Medical & Nursing Colleges
One hundred and fifty-seven new nursing colleges will be established in co-location with the existing 157
medical colleges established since 2014
• Sickle Cell Anaemia Elimination Mission
A Mission to eliminate Sickle Cell Anaemia by 2047 will be launched.
• National Digital Library for Children and Adolescents
A National Digital Library for children and adolescents will be set-up for facilitating availability of quality
books across geographies, languages, genres and levels, and device agnostic accessibility. States will be
encouraged to set up physical libraries for them at panchayat and ward levels and provide infrastructure for
accessing the National Digital Library resources
• Pradhan Mantri PVTG Development Mission

To improve socio-economic conditions of the particularly vulnerable tribal groups (PVTGs), Pradhan Mantri
PVTG Development Mission will be launched.

• Eklavya Model Residential Schools

In the next three years, centre will recruit 38,800 teachers and support staff for the 740 Eklavya Model
Residential Schools, serving 3.5 lakh tribal students.
• Urban Infrastructure Development Fund
Like the RIDF, an Urban Infrastructure Development Fund (UIDF) will be established through use of priority
sector lending shortfall. This will be managed by the National Housing Bank, and will be used by public
agencies to create urban infrastructure in Tier 2 and Tier 3 cities. States will be encouraged to leverage
resources from the grants of the 15th Finance Commission, as well as existing schemes, to adopt
appropriate user charges while accessing the UIDF.
• Mission Karmayogi
Under Mission Karmayogi, Centre, States and Union Territories are making and implementing capacity-
building plans for civil servants. The government has also launched an integrated online training platform,
iGOT Karmayogi, to provide continuous learning opportunities for lakhs of government employees to
upgrade their skills and facilitate people-centric approach.
• PM-PRANAM
“PM Programme for Restoration, Awareness, Nourishment and Amelioration of Mother Earth” will be
launched to incentivize States and Union Territories to promote alternative fertilizers and balanced use of
chemical fertilizers.
• GOBARdhan scheme
500 new ‘waste to wealth’ plants under GOBARdhan (Galvanizing Organic Bio-Agro Resources Dhan)
scheme will be established for promoting circular economy. These will include 200 compressed biogas
(CBG) plants, including 75 plants in urban areas, and 300 community or cluster-based plants at total
investment of ` 10,000 crore.
• Bhartiya Prakritik Kheti Bio-Input Resource Centres
Over the next 3 years, we will facilitate 1 crore farmers to adopt natural farming. For this, 10,000 Bio-Input
Resource Centres will be set-up, creating a national-level distributed micro-fertilizer and pesticide
manufacturing network.
• MISHTI
Building on India’s success in afforestation, ‘Mangrove Initiative for Shoreline Habitats & Tangible Incomes’,
MISHTI, will be taken up for mangrove plantation along the coastline and on salt pan lands, wherever
feasible, through convergence between MGNREGS, CAMPA Fund and other sources.
• Amrit Dharohar
The government will promote their unique conservation values through Amrit Dharohar, a scheme that will
be implemented over the next three years to encourage optimal use of wetlands,andenhancebio-
diversity,carbonstock, eco-tourism opportunities and income generation for local communities.
• Youth Power
To empower our youth and help the ‘Amrit Peedhi’ realize their dreams, formulated the National Education
Policy, focused on skilling, adopted economic policies that facilitate job creation at scale, and have
supported business opportunities.
• Azadi Ka Amrit Mahotsav Mahila Samman Bachat Patra
Mahila Samman Savings Certificate, will be made available for a two-year period up to March 2025. This
will offer deposit facility upto ` 2 lakh in the name of women or girls for a tenor of 2 years at fixed interest
rate of 7.5 per cent with partial withdrawal option