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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