Technology Budget 2023: The minister has made many big announcements for the technology sector. Let’s tell what big announcements have been made regarding technology in this budget session 2023.
nirmala sitharaman
Technology Budget 2023: today in budget 2023 speech Finance Minister Nirmala Sitharaman on import of certain inputs for mobile phone production less custom duty announced to do. The purpose of this decision smartphone production to promote. In Budget 2023, Finance Minister Nirmala Sitharaman said that mobile phone production In order to increase the domestic value, I have announced relief in custom duty on the import of some other inputs like camera lenses. In this, a proposal has been made to continue the concession amount for 1 more year on lithium-ion cells for batteries.
Apart from this, the Finance Minister has made many big announcements for the technology sector. Let’s tell what big announcements have been made regarding technology in this budget session 2023.
today’s big news
Discount will continue on mobile battery
Presenting the last full budget of the PM Narendra Modi-led government, the Finance Minister said that the production of mobile phones has increased from 5.8 crore units in 2014-15 to 31 crore units in the last financial year. He also announced extension of custom duty exemption on lithium-ion batteries for one year.
Custom Duty on TV and Electric Chimney
- The Finance Minister has also reduced the custom duty on open sale parts of TV panels. This custom duty has been reduced to 2.5 percent.
- While the custom duty on kitchen electric chimney has been increased from 7.5 per cent to 15 per cent.
- The Finance Minister said in the speech that to fix the duty structure and encourage the production of electric kitchen chimney
- Basic custom duty on electric kitchen chimney is being increased from 7.5 percent to 15 percent.
- For these, a proposal has been presented to reduce the cost of heat coil from 20 percent to 15 percent.
Announcement to make 100 laboratories for 5G service
Meanwhile, Finance Minister Nirmala Sitharaman has announced to build 100 laboratories in the budget to promote 5G service. The Finance Minister has announced the formation of 100 labs in the speech. The telecom industry has got a lot of relief from this decision. Let us inform that Prime Minister Narendra Modi had inaugurated 5G service in India only last year. At present, Reliance Jio and Airtel are providing 5G network facility in the country. After the introduction of 5G network, people in India have started getting the facility of running internet at high speed.
Use of DigiLocker increased
Finance Minister Nirmala Sitharaman has announced in the budget 2023 that the use of DigiLocker will be increased. Linked to Aadhaar will be considered as proof of DigiLocker address. Sharing of documents will be encouraged. Link Aadhaar with DigiLocker in different government schemes, PAN will be used as a single identification in different government schemes.
Digital library for youth, Agriculture and many more
- The government will promote the habit of reading among the youth by promoting the National Digital Library for Youth. States will be encouraged to start digital libraries at panchayat and ward levels and set up infrastructure to access National Digital Library resources.
- Government promoted National Digital Library for Youth to promote reading habit in youth and in this, states will be encouraged to start digital libraries at panchayat and ward level and infrastructure setup to access National Digital Library resources.
- A Digital Epigraphy Museum to be set up to promote the study and interpretation of ancient texts and inscriptions among the youth
- The digital public infrastructure for the agriculture industry will be created as an open source interoperable public good. This will help improve access to market information, agri-industry and support for startups.
- National Data Governance Policy will be enabled which will allow startups and academia to access anonymized data.
Source: www.tv9hindi.com”