Finance Minister Nirmala Sitharaman Proposed the union budget for 2022 in the Parliament today.
Here are key highlights from the Budget speech
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Highway network to accumulate by 25,000 km, 4 multi-modal park agreements to be granted
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Strategies of the Ministry for Women and Child Welfare revised considerably
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IIIT-B to give assistance to healthcare infrastructure
- 8 million fresh dwelling in rural, urban regions to be finalized under PM Awas yojana and Outlay for this proposal is about Rs 48,000 crore.
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75 digital banking policies in 75 districts by anticipated commercial banks
- 38 million families to receive piped water
- Rs 2.37 trillion cost of MSP immediate payments to wheat and paddy farmers
- E-passports with embedded chips in it to be launched
- 100 year infra proposals on the promotions, blueprint on following 25 years in this union budget
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Kisan Drones for crop examination, land data, spraying of insecticides wanted to ride a surge of technology in agriculture category
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200,000 Anganwadis to be boosted for enhancing child health
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Natural farming will be facilitated along Ganga river hallway
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Realising the significance of ‘Nari Shakti’, 3 strategies were inaugurated to give incorporated improvement for women and children
- National tele mental health scheme, with 23 nationwide tele mental health centres to be inaugurated
- One Class one TV Channel to be enforced to give supplementary education to kids to give rise to for casualty of conventional education due to Covid19 pandemic
- IBC to be revised to enhance efficiency of determination procedure encompassing cross-border
- Electric Vehicles battery-swapping strategy to be given rise to with interoperability norms
- Extra allotment of Rs 19,500 crore for PLI in solar PV module generating
- Four pilot undertakings for coal gasification and modification of coal into chemicals
- Amended Fiscal Deficit 6.9 per cent of GDP in FY22 as related to 6.8 per cent in Budget conclusions
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2000 km of rail network to be made under indigenous technology KAWACH for security and capability growth
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To lessen indirect expenses for suppliers, surety contracts will be reasonable
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Expanse auction will be administered to roll out 5G mobile assistance within 2022-23 by private companies
- Substitute minimum tax for communal societies below from 18.5 per cent to 15 per cent
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Formulated to inaugurate Digital Rupee by RBI utilizing blockchain technology, commencing 2022-23
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Criteria will be seized to walk up private capital in infra region
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PE/VC donated Rs 5.5 trillion in start-up, specialist council will be establish up to indicate criteria to enable persuade investment
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Data centre and energy storage policy to be provided infrastructure importance; motion to give easy financing
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Worldwide arbitration centre will be establish up in GIFT town to give rapidly conflict determination
- Total payment in FY23 rated at Rs 39.45 trillion with a total aids mobilisation to be Rs 22.84 trillion additional than using
- Tax freedom to start-ups extensive to March 2023
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Duty on unpolished diamonds to be lessened to 5 per cent
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Policies duty on steel scrap broadened
