Two budget reactions.

Budget 2023 (India)

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Updated Feb 03, 2023 at 02:52AM EST by Rebecca Rhodes.

Added Feb 02, 2023 at 11:54AM EST by sakshi.

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Budget 2023 refers to the memes and discussions about the Indian government's proposed budget for the year 2023, as announced on February 1st, 2023 by the Minister of Finance and Corporate Affairs, Nirmala Sitharam. Discussions about the budget began to trend on Twitter on January 31st, with the words "income tax," and "middle class" often being invoked. Aspects of the budget most discussed in meme communities include the removal of tax for incomes up to 7 lakh rupees per annum (approx. $8,500) and a hike in cigarette taxes.


On January 26th in the previous week, the Ministry of Finance's official Twitter[1] account posted a series of photos from the pre-budget "halwa" ceremony, gathering over 1,000 likes in nearly a week (seen below, left). Also on January 26th, Twitter[2] user @ManvenderVLav posted a photo from the ceremony that later featured in various memes,[3] with the tweet gathering over 300 likes in nearly a week (seen below, right).

वित्त मंत्रालय MINISTRY OF O FINANCE Ministry of Finance @FinMinIndia The final stage of the Budget preparation process for Union Budget 2023-24 commenced with the Halwa ceremony in the presence of Union Finance & Corporate Affairs Minister Smt. @nsitharaman, here today. Read more (1/5) ReleseDet... 37.4 TS माननीय वित्त राज्य मंत्री NSitharamanOffice and 9 others 5:34 AM Jan 26, 2023 169.2K Views रामन बी.के. Manvender Vashist Lav @ManvenderVLav Union Finance Minister @nsitharaman during the 'Halwa' ceremony to mark the final stage of Union Budget 2023-24, in New Delhi. #HalwaCeremony Photo by @PTI_News / @ManvenderVLav नागेस्वरण बैंक सलाहकार विवेक जौहरी arter (alamat O MINVEN डॉ. टी. वी. सो सचिव (व्यय) MANVENDER VASHIST LAV/PTI 10:49 AM Jan 26, 2023 86.4K Views डा. बी.के. कराड़ माननीय वित्त राज्य मंत्री :

On January 30th, various Indian users began making memes in anticipation of the budget announcements. The Instagram[4] page @rvcjmedia posted a meme about commerce students being excited to use their knowledge for something. The post gathered over 100,000 likes in three days (seen below, left). On January 31st, Twitter[5] user @Stockstudy8 posted a meme about how every Indian becomes an economist when the budget is released, gathering over 1,000 likes in two days (seen below, right).

RVCJ www.RVCJ.COM 1st February 2023 The union budget 2023 will be presented on 1st February 2023. The budget presentation typically starts at 11 AM. 12 hours ago RVCJ COMMERCE STUDENTS MERA DIN, MERA DIN..... Ravi Prasad (RSP) @Stockstudy8 Every Indian on #Budget2023 Ab Economist ban ne ka Time aa gaya 10:12 PM. Jan 31, 2023 145.8K Views 154 Retweets 6 Quote Tweets 1,292 Likes ...


On February 1st, 2023, the Minister of Finance Nirmala Sitharam presented the 2023 Union Budget of India. The announcement discussed the new tax regimes, with a notable change being that individuals with income up to 7 lakhs rupees per annum were exempt from income tax.

On February 1st, 2023, Twitter[6] user @Imvivek04 posted a meme featuring a still from the film Munna Bhai M.B.B.S., where lead Sanjay Dutt can be seen saying, "You understand it and teach me later." The tweet gathered over 1,000 likes in a day (seen below, left). Also on February 1st, Twitter[7] user @GabbbarSingh posted a meme that implied that farmers benefit from the most tax breaks in the 2023 Union Budget, gathering over 3,000 likes in a day (seen below, right).

Gabbar @GabbbarSingh Rich farmers watching the Budget every year #BudgetSession bno POWERADE POWERADE POWERADE 1:36 AM Feb 1, 2023 102.1K Views 186 Retweets 5 Quote Tweets 3,506 Likes INDIA : Vivek Gautam @Imvivek04 *Budget 2023 exists* Me to my commerce friend #Budget2023 Tu samajhke apunko sikha dena 12:55 AM. Feb 1, 2023 102.8K Views ... :

On February 1st, the Instagram[8] page @mememandir posted a meme with a fake Rap TV headline that read, "Government set to reduce Income Tax to 0%," with the consecutive slide being a troll video featuring Lord Puneet. The post gathered over 9,000 likes in a day (seen below, left). On February 1st, Instagram[9] page @bharatiyawebseries posted a "Dekh Raha Hai Vinod" meme that read, "Are you watching Vinod? How people are fretting about the Budget with only 500 rupees in their bank account." The post gathered over 7,000 likes in a day (seen below, right).

NEWS mememandir GOVERNMENT SET TO REDUCE INCOME TAX TO 0%: BUDGET 2023 swipe to read the official announcement -> mm dekh raha hai binod bharatiya web series Account me bas 250 rupaye hai aur budget kaise gaur se dekhaa jaa raha hai

Also on February first, an old video from the announcement of 2019's budget began to resurface, showing a man commenting on the event in an incoherent and funny manner. Instagram[10] page @Indianoninternettt posted a version of the video on February 1st, gathering over 4,000 likes in a day (seen below).

Various Examples

BUDGET 2023: CIGARETTES TO COST MORE AS BUDGET PROPOSES 16% HIKE IN DUTY SMOKERS NON SMOKERS Sagar @sagarcasm 1. No income tax upto Rs 7 Lakhs 2. In new regime #Budget2023 2:41 AM Feb 1, 2023 633.1K Views ● NOT I 549 Retweets 36 Quote Tweets 7,728 Likes : Sagar @sagarcasm Smokers be like. #Budget2023 212 Retweets Smokes because cigarette prices got them tensed 2:05 AM. Feb 1, 2023 175.7K Views . Tensed because the smoked cigarette was expensive 14 Quote Tweets 2,751 Likes ... Tweet Chor @Pagal_aurat People discussing #Budget2023 on social media 12:30 AM. Feb 1, 2023 35.8K Views 118 Retweets 582 Likes : Sagar @sagarcasm BCom students watching the budget. 12:45 AM. Feb 1, 2023 290.4K Views : Shridhar V @iimcomic जे This is an appropriate representation of a Budget discussion - Disconnected from the Ground Realities 314 सबसे तेज़ : 9:19 AM Jan 30, 2023 46.9K Views

Search Interest

External References

[1] Twitter – FinMinIndia

[2] Twitter – ManvenderVLav

[3] Twitter – InMemeTemplates

[4]  Instagram – RVCJMedia

[5] Twitter – Stockstudy8

[6] Twitter – Imvivek04

[7] Twitter – GabbbarSingh

[8] Instagram – MemeMandir

[9] Instagram – bharatiyawebseries

[10] Instagram – indiansoninternettt

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