Prepare a pictograph on BUDGET 2022 and mention the key highlights.
Answers
Explanation:
Finance Minister Nirmala Sitharaman on Tuesday unveiled a bigger Rs 39.45 lakh crore Budget. Following are the highlights of the Union Budget for 2022-23 presented by Finance Minister Nirmala Sitharaman in Parliament on Tuesday:
Answer: Amrit Kaal: India has entered Amrit Kaal, the 25-year-long leadup plan to Bharat@100. The government aims to achieve the following goals during the AMRUT period:
To implement 'macro-economic level growth focus' with micro-economic level all inclusive welfare policies.
Promoting digital economy and fintech, technology enabled growth, energy transition and climate action.
Promotion of private investment along with public capital investment
Explanation: Highlights of Budget 2022:
Growth rate: India's economic growth is estimated to be 9.2% of GDP in the current year (2021-22), the highest among all major economies.
Amrit Kaal: India has entered Amrit Kaal, the 25-year-long leadup plan to Bharat@100. The government aims to achieve the following goals during the AMRUT period:
To implement 'macro-economic level growth focus' with micro-economic level all inclusive welfare policies.
Promoting digital economy and fintech, technology enabled growth, energy transition and climate action.
Promotion of private investment along with public capital investment.
Framework for Amrit Kaal: Four Priorities:
PM momentum
Overall development
Productivity Growth and Investment, Emerging Opportunities, Energy Transition and Climate Action
investment financing
Productivity Linked Incentive: Under the Productivity Linked Incentive Scheme, 60 lakh new jobs will be created in 14 sectors.
Other major announcements in the budget:
Railways: 'One Station, One Product' concept to support local businesses and supply chains.
Parvatmala: It is a national ropeway development programme, to be executed on PPP mode.
Kisan Drone: Crop assessment, Digitization of land records, Spraying of pesticides and nutrients.
MSME: Udyam, e-Shram, NCS and ASEEM portal will be linked together.
Skill development: Digital ecosystem (DESH-Stack e-portal) will be started for providing skill as well as livelihood to the citizens through online training.
Education: The 'One Class-One TV Channel' program of PM e-Vidya will be expanded to 200 TV channels.
Health: An open platform for a national digital health ecosystem will be launched.
Saksham Anganwadis (New Generation Anganwadis): Integrated benefits to women and children through Mission Shakti, Mission Vatsalya, Saksham Anganwadis and Poshan 2.0.
PM-Divine: This new scheme has been launched under the Prime Minister's Development Initiative for the North Eastern Region (PM-Divine) to fund infrastructure and social development projects in the North East.
Vibrant Village Programme: Vibrant Village Program will be launched for the development of border villages along the northern border with sparse population, limited connectivity and basic infrastructure.
Emerging Opportunities: Artificial intelligence, geospatial systems and drones, semiconductor and its ecosystem, space economy, genomics and pharmaceuticals, green and clean energy transportation systems have immense potential to aid sustainable development and modernization of the country on a large scale.
GIFT-IFSC: World class foreign universities and institutes will be allowed in GIFT City.
An International Arbitration Center will be established for timely settlement of disputes under International Justice.
Digital Rupee: Digital Rupee will be launched by the Reserve Bank of India from the year 2022-23.
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