Last budget of Modi govt 2.0 brings cheer to India's middle-class as citizens hail new income tax regime, raising the rebate on income from ₹5 lakh to ₹7 lakh a year. The 2023 budget also focussed on infrastructure and agriculture sectors. Finance Minister Nirmala Sitharaman also outlined seven priority areas in the budget. The government will also spend a record ₹10 lakh crore on long-term capital expensditure. For the railways, the government announced an outlay of ₹2.4 lakh crore. Finance Minister Nirmala Sitharaman said the Union Budget will benefit all.