India’s growth is estimated to be at 9.27%: Finance Minister Nirmala Sitharaman in Parliament#Budget2022
There was a sharp increase in public investment & capital expenditure in Budget 2021-22…This Budget (2022-23) will benefit, youth, women, farmers, SC, ST… ; shall be guided by PM Gati Shakti master plan.
This Union Budget seeks to lay foundation & give blueprint of economy over ‘Amrit Kal’ of next 25 years – from India at 75 to India at 100: FM Nirmala Sitharaman
400 new generation Vande Bharat trains with better efficiency to be brought in during the next 3 years; 100 PM Gati Shakti Cargo terminals to be developed during next 3 years and implementation of innovative ways for building metro systems…: FM Nirmala Sitharaman
Production Linked Incentive (PLI) Scheme for achieving Aatmanirbhar Bharat has received an excellent response, with potential to create 60 lakh new jobs and additional production of 30 lakh crore during next Keycap digit five years: FM Nirmala Sitharaman
Procurement of wheat in Rabi season 2021-22 and the estimated procurement of paddy in Kharif season 2021-22 will give cover 1208 lakh metric tonnes of wheat & paddy from 163 lakh farmers& Rs 2.37 lakh crores will be the direct payment of MSP value to their accounts: FM Sitharaman
Issuance of E-passports will be rolled out in 2022-23 to enhance convenience for citizens: Finance Minister Nirmala Sitharaman
80 lakh affordable houses will be completed at Rs 44,000 cr under PM Awas Yojna in 2022-23: FM Nirmala Sitharaman
Atma Nirbharta in Defence – 68% of capital procurement budget to be earmarked for domestic players, from 58% last year. Defence R&D to be opened up for industry, startups and academia with 25% of the R&D budget earmarked for them, says FM
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