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 Page 1


1 
 
 
PRESS INFORMATION BUREAU 
GOVERNMENT OF INDIA 
***** 
HIGHLIGHTS OF THE UNION BUDGET 2022-23 
New Delhi, 1
st
 February, 2022 
The Union Budget seeks to complement macro-economic level growth with a focus on micro-
economic level all inclusive welfare. The Union Minister for Finance & Corporate Affairs, Smt 
Nirmala Sitharaman tabled the Union Budget 2022-23 in Parliament today. 
The key highlights of the budget are as follows: 
 
PART A 
? India’s economic growth estimated at 9.2% to be the highest among all large economies. 
? 60 lakh new jobs to be created under the productivity linked incentive scheme in 14 
sectors.  
? PLI Schemes have the potential to create an additional production of Rs 30 lakh crore. 
? Entering Amrit Kaal, the 25 year long lead up to India @100, the budget provides 
impetus for growth along four priorities: 
 
? PM GatiShakti 
? Inclusive Development 
? Productivity Enhancement & Investment, Sunrise opportunities, Energy 
Transition, and Climate Action. 
? Financing of investments 
PM GatiShakti 
? The seven engines that drive PM GatiShakti are Roads, Railways, Airports, Ports, 
Mass Transport, Waterways and Logistics Infrastructure.  
PM GatiShkati National Master Plan 
? The scope of PM GatiShakti National Master Plan will encompass the seven engines for 
economic transformation, seamless multimodal connectivity and logistics efficiency. 
? The projects pertaining to these 7 engines in the National Infrastructure Pipeline 
will be aligned with PM GatiShakti framework. 
 
Union Budget 2022-23 
Page 2


1 
 
 
PRESS INFORMATION BUREAU 
GOVERNMENT OF INDIA 
***** 
HIGHLIGHTS OF THE UNION BUDGET 2022-23 
New Delhi, 1
st
 February, 2022 
The Union Budget seeks to complement macro-economic level growth with a focus on micro-
economic level all inclusive welfare. The Union Minister for Finance & Corporate Affairs, Smt 
Nirmala Sitharaman tabled the Union Budget 2022-23 in Parliament today. 
The key highlights of the budget are as follows: 
 
PART A 
? India’s economic growth estimated at 9.2% to be the highest among all large economies. 
? 60 lakh new jobs to be created under the productivity linked incentive scheme in 14 
sectors.  
? PLI Schemes have the potential to create an additional production of Rs 30 lakh crore. 
? Entering Amrit Kaal, the 25 year long lead up to India @100, the budget provides 
impetus for growth along four priorities: 
 
? PM GatiShakti 
? Inclusive Development 
? Productivity Enhancement & Investment, Sunrise opportunities, Energy 
Transition, and Climate Action. 
? Financing of investments 
PM GatiShakti 
? The seven engines that drive PM GatiShakti are Roads, Railways, Airports, Ports, 
Mass Transport, Waterways and Logistics Infrastructure.  
PM GatiShkati National Master Plan 
? The scope of PM GatiShakti National Master Plan will encompass the seven engines for 
economic transformation, seamless multimodal connectivity and logistics efficiency. 
? The projects pertaining to these 7 engines in the National Infrastructure Pipeline 
will be aligned with PM GatiShakti framework. 
 
Union Budget 2022-23 
2 
 
Road Transport 
? National Highways Network to be expanded by 25000 Km in 2022-23. 
? Rs 20000 Crore to be mobilized for National Highways Network expansion. 
Multimodal Logistics Parks 
? Contracts to be awarded through PPP mode in 2022-23 for implementation of 
Multimodal Logistics Parks at four locations. 
Railways 
? One Station One Product concept to help local businesses & supply chains. 
? 2000 Km of railway network to be brought under Kavach, the indigenous world class 
technology and capacity augmentation in 2022-23. 
? 400 new generation Vande Bharat Trains to be manufactured during the next three 
years. 
? 100 PM GatiShakti Cargo terminals for multimodal logistics to be developed during 
the next three years. 
Parvatmala 
? National Ropeways Development Program, Parvatmala to be taken up on PPP mode.  
? Contracts to be awarded in 2022-23 for 8 ropeway projects of 60 Km length. 
Inclusive Development 
Agriculture 
? Rs. 2.37 lakh crore direct payment to 1.63 crore farmers for procurement of wheat 
and paddy. 
? Chemical free Natural farming to be promoted throughout the county. Initial focus is on 
farmer’s lands in 5 Km wide corridors along river Ganga. 
? NABARD to facilitate fund with blended capital to finance startups for agriculture & 
rural enterprise. 
? ‘Kisan Drones’ for crop assessment, digitization of land records, spraying of insecticides 
and nutrients. 
Ken Betwa project 
? 1400 crore outlay for implementation of the Ken – Betwa link project. 
? 9.08 lakh hectares of farmers’ lands to receive irrigation benefits by Ken-Betwa link 
project. 
Page 3


1 
 
 
PRESS INFORMATION BUREAU 
GOVERNMENT OF INDIA 
***** 
HIGHLIGHTS OF THE UNION BUDGET 2022-23 
New Delhi, 1
st
 February, 2022 
The Union Budget seeks to complement macro-economic level growth with a focus on micro-
economic level all inclusive welfare. The Union Minister for Finance & Corporate Affairs, Smt 
Nirmala Sitharaman tabled the Union Budget 2022-23 in Parliament today. 
The key highlights of the budget are as follows: 
 
PART A 
? India’s economic growth estimated at 9.2% to be the highest among all large economies. 
? 60 lakh new jobs to be created under the productivity linked incentive scheme in 14 
sectors.  
? PLI Schemes have the potential to create an additional production of Rs 30 lakh crore. 
? Entering Amrit Kaal, the 25 year long lead up to India @100, the budget provides 
impetus for growth along four priorities: 
 
? PM GatiShakti 
? Inclusive Development 
? Productivity Enhancement & Investment, Sunrise opportunities, Energy 
Transition, and Climate Action. 
? Financing of investments 
PM GatiShakti 
? The seven engines that drive PM GatiShakti are Roads, Railways, Airports, Ports, 
Mass Transport, Waterways and Logistics Infrastructure.  
PM GatiShkati National Master Plan 
? The scope of PM GatiShakti National Master Plan will encompass the seven engines for 
economic transformation, seamless multimodal connectivity and logistics efficiency. 
? The projects pertaining to these 7 engines in the National Infrastructure Pipeline 
will be aligned with PM GatiShakti framework. 
 
Union Budget 2022-23 
2 
 
Road Transport 
? National Highways Network to be expanded by 25000 Km in 2022-23. 
? Rs 20000 Crore to be mobilized for National Highways Network expansion. 
Multimodal Logistics Parks 
? Contracts to be awarded through PPP mode in 2022-23 for implementation of 
Multimodal Logistics Parks at four locations. 
Railways 
? One Station One Product concept to help local businesses & supply chains. 
? 2000 Km of railway network to be brought under Kavach, the indigenous world class 
technology and capacity augmentation in 2022-23. 
? 400 new generation Vande Bharat Trains to be manufactured during the next three 
years. 
? 100 PM GatiShakti Cargo terminals for multimodal logistics to be developed during 
the next three years. 
Parvatmala 
? National Ropeways Development Program, Parvatmala to be taken up on PPP mode.  
? Contracts to be awarded in 2022-23 for 8 ropeway projects of 60 Km length. 
Inclusive Development 
Agriculture 
? Rs. 2.37 lakh crore direct payment to 1.63 crore farmers for procurement of wheat 
and paddy. 
? Chemical free Natural farming to be promoted throughout the county. Initial focus is on 
farmer’s lands in 5 Km wide corridors along river Ganga. 
? NABARD to facilitate fund with blended capital to finance startups for agriculture & 
rural enterprise. 
? ‘Kisan Drones’ for crop assessment, digitization of land records, spraying of insecticides 
and nutrients. 
Ken Betwa project 
? 1400 crore outlay for implementation of the Ken – Betwa link project. 
? 9.08 lakh hectares of farmers’ lands to receive irrigation benefits by Ken-Betwa link 
project. 
3 
 
MSME  
? Udyam, e-shram, NCS and ASEEM portals to be interlinked. 
? 130 lakh MSMEs provided additional credit under Emergency Credit Linked Guarantee 
Scheme (ECLGS) 
? ECLGS to be extended up to March 2023. 
? Guarantee cover under ECLGS to be expanded by Rs 50000 Crore to total cover of Rs 
5 Lakh Crore. 
? Rs 2 lakh Crore additional credit for Micro and Small Enterprises to be facilitated under 
the Credit Guarantee Trust for Micro and Small Enterprises (CGTMSE). 
? Raising and Accelerating MSME performance (RAMP) programme with outlay of 
Rs 6000 Crore to be rolled out.  
 
Skill Development 
? Digital Ecosystem for Skilling and Livelihood (DESH-Stack e-portal) will be 
launched to empower citizens to skill, reskill or upskill through on-line training. 
? Startups will be promoted to facilitate ‘Drone Shakti’ and for Drone-As-A-Service 
(DrAAS). 
 
Education 
? ‘One class-One TV channel’ programme of PM eVIDYA to be expanded to 200 TV 
channels. 
? Virtual labs and skilling e-labs to be set up to promote critical thinking skills and 
simulated learning environment. 
? High-quality e-content will be developed for delivery through Digital Teachers. 
? Digital University for world-class quality universal education with personalised learning 
experience to be established. 
 
Health 
? An open platform for National Digital Health Ecosystem to be rolled out. 
? ‘National Tele Mental Health Programme’ for quality mental health counselling and 
care services to be launched. 
? A network of 23 tele-mental health centres of excellence will be set up, with 
NIMHANS being the nodal centre and International Institute of Information Technology-
Bangalore (IIITB) providing technology support. 
 
Saksham Anganwadi 
? Integrated benefits to women and children through Mission Shakti, Mission Vatsalya, 
Saksham Anganwadi and Poshan 2.0. 
Page 4


1 
 
 
PRESS INFORMATION BUREAU 
GOVERNMENT OF INDIA 
***** 
HIGHLIGHTS OF THE UNION BUDGET 2022-23 
New Delhi, 1
st
 February, 2022 
The Union Budget seeks to complement macro-economic level growth with a focus on micro-
economic level all inclusive welfare. The Union Minister for Finance & Corporate Affairs, Smt 
Nirmala Sitharaman tabled the Union Budget 2022-23 in Parliament today. 
The key highlights of the budget are as follows: 
 
PART A 
? India’s economic growth estimated at 9.2% to be the highest among all large economies. 
? 60 lakh new jobs to be created under the productivity linked incentive scheme in 14 
sectors.  
? PLI Schemes have the potential to create an additional production of Rs 30 lakh crore. 
? Entering Amrit Kaal, the 25 year long lead up to India @100, the budget provides 
impetus for growth along four priorities: 
 
? PM GatiShakti 
? Inclusive Development 
? Productivity Enhancement & Investment, Sunrise opportunities, Energy 
Transition, and Climate Action. 
? Financing of investments 
PM GatiShakti 
? The seven engines that drive PM GatiShakti are Roads, Railways, Airports, Ports, 
Mass Transport, Waterways and Logistics Infrastructure.  
PM GatiShkati National Master Plan 
? The scope of PM GatiShakti National Master Plan will encompass the seven engines for 
economic transformation, seamless multimodal connectivity and logistics efficiency. 
? The projects pertaining to these 7 engines in the National Infrastructure Pipeline 
will be aligned with PM GatiShakti framework. 
 
Union Budget 2022-23 
2 
 
Road Transport 
? National Highways Network to be expanded by 25000 Km in 2022-23. 
? Rs 20000 Crore to be mobilized for National Highways Network expansion. 
Multimodal Logistics Parks 
? Contracts to be awarded through PPP mode in 2022-23 for implementation of 
Multimodal Logistics Parks at four locations. 
Railways 
? One Station One Product concept to help local businesses & supply chains. 
? 2000 Km of railway network to be brought under Kavach, the indigenous world class 
technology and capacity augmentation in 2022-23. 
? 400 new generation Vande Bharat Trains to be manufactured during the next three 
years. 
? 100 PM GatiShakti Cargo terminals for multimodal logistics to be developed during 
the next three years. 
Parvatmala 
? National Ropeways Development Program, Parvatmala to be taken up on PPP mode.  
? Contracts to be awarded in 2022-23 for 8 ropeway projects of 60 Km length. 
Inclusive Development 
Agriculture 
? Rs. 2.37 lakh crore direct payment to 1.63 crore farmers for procurement of wheat 
and paddy. 
? Chemical free Natural farming to be promoted throughout the county. Initial focus is on 
farmer’s lands in 5 Km wide corridors along river Ganga. 
? NABARD to facilitate fund with blended capital to finance startups for agriculture & 
rural enterprise. 
? ‘Kisan Drones’ for crop assessment, digitization of land records, spraying of insecticides 
and nutrients. 
Ken Betwa project 
? 1400 crore outlay for implementation of the Ken – Betwa link project. 
? 9.08 lakh hectares of farmers’ lands to receive irrigation benefits by Ken-Betwa link 
project. 
3 
 
MSME  
? Udyam, e-shram, NCS and ASEEM portals to be interlinked. 
? 130 lakh MSMEs provided additional credit under Emergency Credit Linked Guarantee 
Scheme (ECLGS) 
? ECLGS to be extended up to March 2023. 
? Guarantee cover under ECLGS to be expanded by Rs 50000 Crore to total cover of Rs 
5 Lakh Crore. 
? Rs 2 lakh Crore additional credit for Micro and Small Enterprises to be facilitated under 
the Credit Guarantee Trust for Micro and Small Enterprises (CGTMSE). 
? Raising and Accelerating MSME performance (RAMP) programme with outlay of 
Rs 6000 Crore to be rolled out.  
 
Skill Development 
? Digital Ecosystem for Skilling and Livelihood (DESH-Stack e-portal) will be 
launched to empower citizens to skill, reskill or upskill through on-line training. 
? Startups will be promoted to facilitate ‘Drone Shakti’ and for Drone-As-A-Service 
(DrAAS). 
 
Education 
? ‘One class-One TV channel’ programme of PM eVIDYA to be expanded to 200 TV 
channels. 
? Virtual labs and skilling e-labs to be set up to promote critical thinking skills and 
simulated learning environment. 
? High-quality e-content will be developed for delivery through Digital Teachers. 
? Digital University for world-class quality universal education with personalised learning 
experience to be established. 
 
Health 
? An open platform for National Digital Health Ecosystem to be rolled out. 
? ‘National Tele Mental Health Programme’ for quality mental health counselling and 
care services to be launched. 
? A network of 23 tele-mental health centres of excellence will be set up, with 
NIMHANS being the nodal centre and International Institute of Information Technology-
Bangalore (IIITB) providing technology support. 
 
Saksham Anganwadi 
? Integrated benefits to women and children through Mission Shakti, Mission Vatsalya, 
Saksham Anganwadi and Poshan 2.0. 
4 
 
? Two lakh anganwadis to be upgraded to Saksham Anganwadis. 
 
Har Ghar, Nal Se Jal 
? Rs. 60,000 crore allocated to cover 3.8 crore households in 2022-23 under Har Ghar, 
Nal se Jal. 
 
Housing for All 
? Rs. 48,000 crore allocated for completion of 80 lakh houses in 2022-23 under PM Awas 
Yojana. 
 
Prime Minister’s Development Initiative for North-East Region (PM-DevINE) 
?  New scheme PM-DevINE launched to fund infrastructure and social development 
projects in the North-East. 
? An initial allocation of Rs. 1,500 crore made to enable livelihood activities for youth and 
women under the scheme. 
 
Vibrant Villages Programme 
? Vibrant Villages Programme for development of Border villages with sparse population, 
limited connectivity and infrastructure on the northern border. 
 
Banking 
? 100 per cent of 1.5 lakh post offices to come on the core banking system. 
? Scheduled Commercial Banks to set up 75 Digital Banking Units (DBUs) in 75 
districts. 
 
e-Passport 
? e-Passports with embedded chip and futuristic technology to be rolled out. 
 
Urban Planning 
? Modernization of building byelaws, Town Planning Schemes (TPS), and Transit Oriented 
Development (TOD) will be implemented. 
? Battery swapping policy to be brought out for setting up charging stations at scale in 
urban areas. 
 
Land Records Management 
? Unique Land Parcel Identification Number for IT-based management of land records. 
 
Accelerated Corporate Exit 
? Centre for Processing Accelerated Corporate Exit (C-PACE) to be established for 
speedy winding-up of companies. 
Page 5


1 
 
 
PRESS INFORMATION BUREAU 
GOVERNMENT OF INDIA 
***** 
HIGHLIGHTS OF THE UNION BUDGET 2022-23 
New Delhi, 1
st
 February, 2022 
The Union Budget seeks to complement macro-economic level growth with a focus on micro-
economic level all inclusive welfare. The Union Minister for Finance & Corporate Affairs, Smt 
Nirmala Sitharaman tabled the Union Budget 2022-23 in Parliament today. 
The key highlights of the budget are as follows: 
 
PART A 
? India’s economic growth estimated at 9.2% to be the highest among all large economies. 
? 60 lakh new jobs to be created under the productivity linked incentive scheme in 14 
sectors.  
? PLI Schemes have the potential to create an additional production of Rs 30 lakh crore. 
? Entering Amrit Kaal, the 25 year long lead up to India @100, the budget provides 
impetus for growth along four priorities: 
 
? PM GatiShakti 
? Inclusive Development 
? Productivity Enhancement & Investment, Sunrise opportunities, Energy 
Transition, and Climate Action. 
? Financing of investments 
PM GatiShakti 
? The seven engines that drive PM GatiShakti are Roads, Railways, Airports, Ports, 
Mass Transport, Waterways and Logistics Infrastructure.  
PM GatiShkati National Master Plan 
? The scope of PM GatiShakti National Master Plan will encompass the seven engines for 
economic transformation, seamless multimodal connectivity and logistics efficiency. 
? The projects pertaining to these 7 engines in the National Infrastructure Pipeline 
will be aligned with PM GatiShakti framework. 
 
Union Budget 2022-23 
2 
 
Road Transport 
? National Highways Network to be expanded by 25000 Km in 2022-23. 
? Rs 20000 Crore to be mobilized for National Highways Network expansion. 
Multimodal Logistics Parks 
? Contracts to be awarded through PPP mode in 2022-23 for implementation of 
Multimodal Logistics Parks at four locations. 
Railways 
? One Station One Product concept to help local businesses & supply chains. 
? 2000 Km of railway network to be brought under Kavach, the indigenous world class 
technology and capacity augmentation in 2022-23. 
? 400 new generation Vande Bharat Trains to be manufactured during the next three 
years. 
? 100 PM GatiShakti Cargo terminals for multimodal logistics to be developed during 
the next three years. 
Parvatmala 
? National Ropeways Development Program, Parvatmala to be taken up on PPP mode.  
? Contracts to be awarded in 2022-23 for 8 ropeway projects of 60 Km length. 
Inclusive Development 
Agriculture 
? Rs. 2.37 lakh crore direct payment to 1.63 crore farmers for procurement of wheat 
and paddy. 
? Chemical free Natural farming to be promoted throughout the county. Initial focus is on 
farmer’s lands in 5 Km wide corridors along river Ganga. 
? NABARD to facilitate fund with blended capital to finance startups for agriculture & 
rural enterprise. 
? ‘Kisan Drones’ for crop assessment, digitization of land records, spraying of insecticides 
and nutrients. 
Ken Betwa project 
? 1400 crore outlay for implementation of the Ken – Betwa link project. 
? 9.08 lakh hectares of farmers’ lands to receive irrigation benefits by Ken-Betwa link 
project. 
3 
 
MSME  
? Udyam, e-shram, NCS and ASEEM portals to be interlinked. 
? 130 lakh MSMEs provided additional credit under Emergency Credit Linked Guarantee 
Scheme (ECLGS) 
? ECLGS to be extended up to March 2023. 
? Guarantee cover under ECLGS to be expanded by Rs 50000 Crore to total cover of Rs 
5 Lakh Crore. 
? Rs 2 lakh Crore additional credit for Micro and Small Enterprises to be facilitated under 
the Credit Guarantee Trust for Micro and Small Enterprises (CGTMSE). 
? Raising and Accelerating MSME performance (RAMP) programme with outlay of 
Rs 6000 Crore to be rolled out.  
 
Skill Development 
? Digital Ecosystem for Skilling and Livelihood (DESH-Stack e-portal) will be 
launched to empower citizens to skill, reskill or upskill through on-line training. 
? Startups will be promoted to facilitate ‘Drone Shakti’ and for Drone-As-A-Service 
(DrAAS). 
 
Education 
? ‘One class-One TV channel’ programme of PM eVIDYA to be expanded to 200 TV 
channels. 
? Virtual labs and skilling e-labs to be set up to promote critical thinking skills and 
simulated learning environment. 
? High-quality e-content will be developed for delivery through Digital Teachers. 
? Digital University for world-class quality universal education with personalised learning 
experience to be established. 
 
Health 
? An open platform for National Digital Health Ecosystem to be rolled out. 
? ‘National Tele Mental Health Programme’ for quality mental health counselling and 
care services to be launched. 
? A network of 23 tele-mental health centres of excellence will be set up, with 
NIMHANS being the nodal centre and International Institute of Information Technology-
Bangalore (IIITB) providing technology support. 
 
Saksham Anganwadi 
? Integrated benefits to women and children through Mission Shakti, Mission Vatsalya, 
Saksham Anganwadi and Poshan 2.0. 
4 
 
? Two lakh anganwadis to be upgraded to Saksham Anganwadis. 
 
Har Ghar, Nal Se Jal 
? Rs. 60,000 crore allocated to cover 3.8 crore households in 2022-23 under Har Ghar, 
Nal se Jal. 
 
Housing for All 
? Rs. 48,000 crore allocated for completion of 80 lakh houses in 2022-23 under PM Awas 
Yojana. 
 
Prime Minister’s Development Initiative for North-East Region (PM-DevINE) 
?  New scheme PM-DevINE launched to fund infrastructure and social development 
projects in the North-East. 
? An initial allocation of Rs. 1,500 crore made to enable livelihood activities for youth and 
women under the scheme. 
 
Vibrant Villages Programme 
? Vibrant Villages Programme for development of Border villages with sparse population, 
limited connectivity and infrastructure on the northern border. 
 
Banking 
? 100 per cent of 1.5 lakh post offices to come on the core banking system. 
? Scheduled Commercial Banks to set up 75 Digital Banking Units (DBUs) in 75 
districts. 
 
e-Passport 
? e-Passports with embedded chip and futuristic technology to be rolled out. 
 
Urban Planning 
? Modernization of building byelaws, Town Planning Schemes (TPS), and Transit Oriented 
Development (TOD) will be implemented. 
? Battery swapping policy to be brought out for setting up charging stations at scale in 
urban areas. 
 
Land Records Management 
? Unique Land Parcel Identification Number for IT-based management of land records. 
 
Accelerated Corporate Exit 
? Centre for Processing Accelerated Corporate Exit (C-PACE) to be established for 
speedy winding-up of companies. 
5 
 
 
AVGC Promotion Task Force 
? An animation, visual effects, gaming, and comic (AVGC) promotion task force to be 
set-up to realize the potential of this sector. 
 
Telecom Sector 
? Scheme for design-led manufacturing to be launched to build a strong ecosystem for 5G 
as part of the Production Linked Incentive Scheme. 
 
Export Promotion 
? Special Economic Zones Act to be replaced with a new legislation to enable States to 
become partners in ‘Development of Enterprise and Service Hubs’. 
 
AtmaNirbharta in Defence: 
? 68% of capital procurement budget earmarked for domestic industry in 2022-23, up 
from 58% in 2021-22. 
? Defence R&D to be opened up for industry, startups and academia with 25% of defence 
R&D budget earmarked. 
? Independent nodal umbrella body to be set up for meeting testing and certification 
requirements. 
 
Sunrise Opportunities 
? Government contribution to be provided for R&D in Sunrise Opportunities like Artificial 
Intelligence, Geospatial Systems and Drones, Semiconductor and its eco-system, Space 
Economy, Genomics and Pharmaceuticals, Green Energy, and Clean Mobility Systems. 
 
Energy Transition and Climate Action: 
? Additional allocation of Rs. 19,500 crore for Production Linked Incentive for 
manufacture of high efficiency solar modules to meet the goal of 280 GW of installed 
solar power by 2030. 
? Five to seven per cent biomass pellets to be co-fired in thermal power plants: 
? CO2 savings of 38 MMT annually, 
? Extra income to farmers and job opportunities to locals,  
? Help avoid stubble burning in agriculture fields. 
? Four pilot projects to be set up for coal gasification and conversion of coal into 
chemicals for the industry 
? Financial support to farmers belonging to Scheduled Castes and Scheduled Tribes, who 
want to take up agro-forestry. 
 
 
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FAQs on Key Highlights of Union Budget 2022-23 - Indian Economy for UPSC CSE

1. What are the key highlights of the Union Budget 2022-23?
Ans. The key highlights of the Union Budget 2022-23 include increased allocation for healthcare, infrastructure development, emphasis on digitalization, steps to revive the economy post-pandemic, and focus on job creation.
2. What is the allocation for healthcare in the Union Budget 2022-23?
Ans. The Union Budget 2022-23 has allocated a significant amount of funds for healthcare. The exact figure may vary, but it reflects the government's commitment to strengthening the healthcare system and addressing the challenges posed by the COVID-19 pandemic.
3. How does the Union Budget 2022-23 prioritize infrastructure development?
Ans. The Union Budget 2022-23 prioritizes infrastructure development by allocating a substantial portion of the budget to this sector. It aims to enhance connectivity, promote sustainable development, and create employment opportunities through the implementation of various infrastructure projects.
4. What steps are taken in the Union Budget 2022-23 to revive the economy?
Ans. The Union Budget 2022-23 includes several measures to revive the economy, such as providing fiscal stimulus, promoting investments, boosting manufacturing, supporting small and medium enterprises, and implementing structural reforms to attract foreign direct investment.
5. How does the Union Budget 2022-23 focus on job creation?
Ans. The Union Budget 2022-23 emphasizes job creation by introducing initiatives like skill development programs, promoting entrepreneurship, encouraging innovation and research, and providing support to sectors with high employment potential. The budget aims to generate employment opportunities and reduce unemployment rates.
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