Budget 2022 Key Updates

Finance Minister Nirmala Sitharaman Presenting The Union Budget 2022

Check Out What She Announced

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India's growth estimated to be at 9.2%, highest among all large economies; we are now in a strong position to withstand challenges, says FM

Focus areas of Budget 1.PM Gati Shakti 2.Inclusive Development 3.Productivity Enhancement 4.Sunrise Opportunities 5.Energy Transition 6.Climate Action 7.Financing of investments

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PM Gati Shakti will pull forward the economy and will lead to more jobs and opportunities for the youth.

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400 new-generation Vande Bharat trains will be developed and manufactured in next 3 years. One station, one product' concept will be popularised to help local businesses.. India plans 100 cargo terminals in 3 years

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ECLGS to be extended upto March 2023, guaranteed cover extended by another Rs 50,000 crore.

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For India's farmers

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Rs 2.37 lakh crore worth of MSP direct payments to wheat and paddy farmers

Sitharaman said that required spectrum auction will be conducted in 2022 for the rollout of 5G mobile services by private telecom providers.

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Rs 48, 000 crore is allotted for PM Awas Yojana

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In 2022-23, 80 lakh houses will be completed for identified beneficiaries of PM Awas Yojana; 60,000 houses will be identified as beneficiaries for PM Awas Yojana in rural & urban areas.

An open platform for the National Digital Health Ecosystem will be rolled out.

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E-passports, the issuance of E passports using embedded ship and futuristic technology will be rolled out in 2022-23 to enhance the convenience for the citizens in their overseas travel.

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Digital rupee, using blockchain, to be launched by RBI in 2023

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