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# 490 Daily Money Show | Money Purse Stock Market News
Takeaway
Union Budget heavily favours green energy, battery manufacturing, gas pipelines and infrastructure - allocate to these themes for FY24 gains.
Summary
- Central government Union Budget announcements: personal income tax rebate raised to Rs 7 lakh; seven priorities including reaching the last mile, youth power, financial sector, infrastructure, green growth.
- Battery manufacturing companies among biggest beneficiaries of customs duty changes; gas pipeline companies also positive.
- Infra spending: 33.4% increase in capital expenditure outlay; defence ministry allocation noted.
- Government spending push of Rs 5.94 lakh crore; budget aims at 50-year application development financing.
budget 2023batteryinfrastructure
Original description
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