• Union Budget 2022: Updates

    National
    Union Budget 2022: Updates
    Digital Desk: In the second year of the COVID-19 epidemic, Finance Minister Nirmala Sitharaman is delivering the Union Budget 2022. "We strive to provide necessary ecosystem for middle class. This Budget hopes to lay the foundation for Amrit Kal from India at 75 to India at 100," Ms Sitharaman said today. This is also the sixth Budget session since the epidemic first broke out in January 2020. Individual income tax, Provident Fund, pensions, and expenditure on healthcare, which has been one of the most active sectors due to increased medical claims, are among the important parts of the Union Budget 2022 that are being closely scrutinised.

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    Here are the live updates of Union Budget 2022 announcements:

    • E-passports using embedded chips and futuristic tech will be rolled out.

    • Digital payments have grown at rapid pace. Benefits of digital banking should reach every nook and corner. Taking forward this agenda, we will set up 75 digital banking units in 75 districts by scheduled commercial banks.

    • The connection of the Ken and Betwa rivers would be undertaken at a cost of Rs 44,605 crore.

    • PM development initiative for the northeast to fund infra and social development projects.

    •  2 lakh Anganwadis will be refurbished with improved facilities.

    • Drone Shakti works with start-ups that use drone technology through numerous application centres.

    • The credit guarantee trust for micro and small businesses will be overhauled with the necessary cash. MSMEs would receive an additional 2 lakh crore as a result of this.

    • "For better farming, we will provide comprehensive package with state government coordination": Nirmala Sitharaman

    • Five thorough project reports for river water sharing projects have been completed in draught form. Once states have achieved an agreement, the centre will assist them in putting it into action.

    • 2,000 km under Kawach programme. 400 new generation Vande Bharat trains. 100 PM Gati Shakti cargo terminals

    • Direct payment of the minimum support price for wheat and paddy worth Rs 2.7 lakh crore

    • National Highways to be expanded by 25,000 km

    • PM Gati Shakti, inclusive development, productivity enhancement, energy transmission, climate action, and investment financing.

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