Terming the Union Budget 2023-24 presented by Nirmala Sitharaman in Parliament on Wednesday as “disappointing”, the Opposition on Wednesday said the Budget was presented keeping in mind the next year’s Lok Sabha elections and it was not addressing the real sentiment of the country, which is unemployment and price rise. Reacting to the Union Budget, … <p class="link-more"><a href="https://www.thestatesman.com/sports/hockey-world-cup-belgium-edge-past-netherlands-3-2-in-shootout-set-up-title-clash-with-germany-1503150504.html" class="more-link">Continue reading<span class="screen-reader-text"> "Hockey World Cup: Belgium edge past Netherlands 3-2 in shootout, set up title clash with Germany"</span></a></p>
The finance minister announced that an Urban Infrastructure Development Fund (UIDF) will be established through the use of priority sector lending shortfall, which 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.