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Budget 2023: What does 'Amrit Kaal' mean, the word FM Sitharaman used repeatedly in her speech?

"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. Know what does 'Amrit Kaal' mean?

Budget 2023 What does Amrit Kaal mean the word FM Sitharaman used repeatedly in her speech gcw
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First Published Feb 1, 2023, 5:56 PM IST

In the Budget 2023 speech, Finance Minister Nirmala Sitharaman said, "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."

"The Indian economy is moving in the right direction and has a promising future. India's position in the globe is improving as a result of its cutting-edge digital infrastructure and proactive approach in frontier regions, she noted.

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"This Budget sets a futuristic 'Amrit Kaal' for women, youth, and marginalised groups, huge public investment for infrastructure directed by PM Gati Shakti, productivity enhancement, energy transition, and climate action, and financing of investments," she stated in her address.

For the unaware, during the 75th Independence Day celebrations in 2021, Prime Minister Narendra Modi used the phrase "Amrit Kaal" for the first time. He used the word 'Amrit Kaal' while laying out a new roadmap for India for the next 25 years. Amrit Kaal seeks to improve Indians' quality of life and close the gap between rural and urban development. Additionally, it seeks to lessen government meddling in daily life while bringing in the newest technology and digitization.

Also read: Budget 2023: Mobiles, TVs to get cheaper; Gold, silver, cigarettes to get costlier; See full list here 

The Vedic astrological tradition gave rise to the term Amrit Kaal. The crucial period of Amrit Kaal is when the doors to greater enjoyment for humans, angels, and other creatures open. The greatest and most fortunate time to begin new job is Amrit Kaal.

Also Read | Budget 2023: Big relief for middle class! Tax rebate limit increased to Rs 7 lakh

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