India's Budget 2023 Overview
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India's Budget 2023 Overview

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Questions and Answers

Which country has ranked the highest in the Corruption Perception Index for the sixth consecutive year?

  • New Zealand
  • Sweden
  • Finland
  • Denmark (correct)
  • What is the primary purpose of the Corruption Perception Index?

  • To rank countries based on economic stability
  • To assess public sector corruption levels (correct)
  • To measure citizens' quality of life
  • To evaluate governance effectiveness
  • What was India's score in the Corruption Perception Index 2023?

  • 42
  • 39 (correct)
  • 50
  • 40
  • What significant issue affects the countries that scored lowest on the Corruption Perception Index?

    <p>Protracted crises and weak governance</p> Signup and view all the answers

    What is the global average score for the Corruption Perception Index 2023?

    <p>43</p> Signup and view all the answers

    Which neighboring country of India is ranked 133 on the Corruption Perception Index?

    <p>Pakistan</p> Signup and view all the answers

    Which of the following countries is transitioning out of Least Developed Country status but still faces issues of governance?

    <p>Bangladesh</p> Signup and view all the answers

    Which country is tied at the bottom of the Corruption Perception Index with a score of 13?

    <p>All of the above</p> Signup and view all the answers

    Which state is recognized as the Best Performer in Category B for startups?

    <p>Himachal Pradesh</p> Signup and view all the answers

    What is the total corpus of the Startup India Seed Fund Scheme (SISF)?

    <p>Rs. 945 crore</p> Signup and view all the answers

    What is the purpose of the Funds of Funds (FoF) Scheme established in June 2016?

    <p>To facilitate access to domestic capital</p> Signup and view all the answers

    What does the MAARG Portal provide to startups?

    <p>Mentorship and sector-specific guidance</p> Signup and view all the answers

    What initiative was launched to enhance cross-border digital payments between India and UAE?

    <p>Interlinking of UPI and AANI</p> Signup and view all the answers

    Which project is focused on increasing investments between India and the UAE?

    <p>Investment Facilitation Treaty</p> Signup and view all the answers

    What is the significance of the National Startup Awards (NSA)?

    <p>To recognize startups for innovation and social impact</p> Signup and view all the answers

    Which platform is designed to connect startups with investors using AI technology?

    <p>Startup India Investor Connect</p> Signup and view all the answers

    What is the primary theme of the initiatives mentioned in the Interim Budget?

    <p>Sabka Saath, Sabka Vikas, and Sabka Vishwas</p> Signup and view all the answers

    Which government assistance scheme specifically supports street vendors?

    <p>PM-SVANidhi</p> Signup and view all the answers

    What percentage of STEM course enrollments is comprised of women according to the initiatives?

    <p>43%</p> Signup and view all the answers

    What was the amount disbursed through Direct Benefit Transfer over the last decade?

    <p>Rs. 34 lakh crore</p> Signup and view all the answers

    Which initiative aims to provide healthcare coverage to ASHA and Anganwadi workers?

    <p>Ayushman Bharat</p> Signup and view all the answers

    What is the expected annual saving for households receiving free electricity through rooftop solarization?

    <p>Rs. 15,000 to Rs. 18,000</p> Signup and view all the answers

    What is the focus of the PM-JANMAN Yojana in terms of target population?

    <p>Vulnerable tribal groups</p> Signup and view all the answers

    How many additional houses does the PM Awas Yojana (Grameen) plan to construct in the next five years?

    <p>Two crore</p> Signup and view all the answers

    Study Notes

    India’s Budget 2023

    • The budget focused on uplifting the poor, women, youth, and farmers, with an aim of "Sabka Saath, Sabka Vikas, and Sabka Vishwas" and "Sabka Prayas."
    • 25 crore people were lifted out of poverty in the last 10 years.
    • Rs. 34 lakh crore was disbursed through direct benefit transfer, saving 2.7 lakh crore for the government.
    • PM-SVANidhi (Street Vendor's AtmaNirbhar Nidhi) aided 78 lakh street vendors.
    • PM-JANMAN Yojana helps vulnerable tribal groups.
    • PM-Vishwakarma Yojana supports artisans in 18 trades.
    • PM-KISAN SAMMAN Yojana benefited 11.8 crore farmers.
    • 30 crore MUDRA Yojana loans were issued to women entrepreneurs.
    • Women make up 43% of STEM enrollments.
    • PM Awas Yojana (Grameen) plans to build 2 crore additional houses in the next five years.
    • 1 crore households will receive 300 units of free electricity through rooftop solarization.
    • Capital expenditure increased by 11.1% to Rs. 11,11,111 crore (3.4% of GDP).
    • 100 MT coal gasification and liquefaction planned by 2030.
    • FDI inflow reached USD 596 billion from 2014-23, double that of the previous decade.
    • Rs. 75,000 crore was allocated as fifty-year interest-free loans for state reforms.

    Corruption Perception Index 2023

    • Released by Transparency International, it ranks 180 countries based on perceived levels of public sector corruption.
    • India ranked 93rd with a score of 39, declining from 40 in 2022.
    • Denmark ranked 1st with a score of 90, leading for the sixth consecutive year.
    • Somalia ranked 180th, with a score of 11.
    • The global average score was 43, indicating significant corruption issues in most countries.

    India’s Startup Ecosystem

    • The government initiatives include Funds of Funds (FoF) scheme, Startup India Seed Fund Scheme (SISF), Startup India Investor Connect, Startup20, Startup India Innovation Week, National Startup Awards (NSA), and MAARG Portal.
    • India celebrated National Startup Day on January 16.

    India-UAE Agreement

    • The India-UAE agreement focused on interlinking digital payment platforms, trade, and energy.
    • UPI and AANI (UAE’s equivalent) were interlinked for enhanced cross-border digital payments.
    • Agreements included interlinking of RuPay and JAYWAN (UAE’s domestic card).
    • The bilateral investment treaty (BIT) supports investments between India and the UAE.
    • UAE invested USD 75 billion in India’s infrastructure.

    Tawa Reservoir

    • Located at the confluence of the Tawa and Denwa rivers, it's within the Satpura Tiger Reserve.
    • The Tawa River is the longest tributary of the Narmada River.
    • The reservoir supports irrigation, power generation, and aquaculture.

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    Description

    Explore the key features of India's Budget 2023, which emphasizes provisions for poverty alleviation, women's empowerment, and agricultural support. This budget aims to uplift various segments of society through targeted schemes and initiatives for sustainable development.

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