Addressing her maiden Budget Speech in the Parliament, Finance Minister Nirmala Sitharaman informed that the Narendra Modi-led government is developing 17 iconic tourism sites as world-class tourist centers in order to improve the flow of domestic and foreign tourists to these destinations.
"A digital repository will be created where folk songs, audio clips of their evolution. lifestyle, education and other anthropological details will be stored.", she said
"One hundred new clusters will be set up in 2019-20 to enable 50,000 artisans to come into the economic value chain", she added.
The Finance Minister stated that the government will take measures to ensure that the rich tribal culture of the country is preserved. The Narendra Modi led government will also launch a mission to integrate traditional artisans and creative persons with the global market to obtain patents for them
Meanwhile, the Parliament on Friday echoed with a couplet and a quote from Kautilya's 'arthshastra' when Finance Minister Nirmala Sitharaman presented her maiden Budget in the Lok Sabha. "Yakeen ho toh koi rasta nikalta hai, hawa ki to kar bhi chiraag jalta hai" (You find ways somehow if you have faith. The lamp burns bright even in gushing wind), she said reciting a couple which was received with appreciation by members.
The Finance Minister on Thursday tabled in Parliament the pre-Budget Economic Survey for 2018-19, which projected the state of the economy and outlined its challenges. The survey was released by Chief Economic Adviser Krishnamurthy Subramanian on Thursday.
This is the 89th Union Budget, which is the financial statement of the government, detailing its revenue and expenditure in the past, as well as estimated spending and projections for the coming year. Breaking the tradition of carrying a briefcase to the Parliament for presenting the Budget, she posed outside the House with a ledger book instead.
Meanwhile, a new series of coins of Rs 1, Rs 5, Rs 10, and Rs 20 coins will soon be made public.