Union Budget 2022 is being presented right now in the Parliament by Nirmala Sitharaman the Finance Minister, India. The finance minister is presenting her fourth budget this year.
The Budget documents contain income and expenditure statement of Union Government. In 2021, it was the first time instead of traditional bahi-khata FM Nirmala used a handheld tablet to present the budget. We can also expect something creative and innovative this year as well.
Every year the people of India have lots n lots expectation from the budget. Many of them become happy after getting the facts in the budget and many are not happy. Last couple of years has been drastically annoying due the this pandemic. Then also we have expectation from our govt. Lowering taxes, easing credit options and stoking consumption would boost MSMEs.
Expectation from Union Budget 2022-23
- Covid-19 spending
- Crypto
- Fiscal Deficit
- Privatization
- Capital expenditure
- Tax revenue
- Borrowing
- Farmer and Agriculture
Union Budget 2022-23 Live Announcement
Here is the highlights of FM Nirmala Sitharaman's 4th Union Budget 2022-23 -
- 35.4% increase in capital expenditure
- Aatmanirbhar defence
- 5G to be launched in 2022-23
- E-Passport to be rolled out in this financial year
- 75 digital banking units will be set up in 75 districts across India
- A national telehealth programme
- Digital education, digital university
- Drone shakti
- 400 new-generation Vande Bharat trains
- PM Gati Shakti plan
- Digital rupee to be issued by RBI in 2022-23
- Incentive for startup
Union Budget 2022-23 Reality -
