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Which of the following is not included in the priorities of India Budget 2022-23?
- a)Inclusive development
- b)Productivity Enhancement and Investment, Sunrise Opportunities, Energy Transition, and Climate Action
- c)Disinvestment
- d)PM Gati Shakti
- e)None of the above/More than one of the above
Correct answer is option 'C'. Can you explain this answer?
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Which of the following is not included in the priorities of India Budg...
Key Points
- The Union Budget for FY 2022-23 this year aims to strengthen the infrastructure with its focus on four priorities of:
- PM GatiShakti.
- Inclusive Development.
- Productivity Enhancement & Investment, Sunrise opportunities, Energy Transition, and Climate Action.
- Financing of investments.
- The government's effective capital expenditure is estimated at Rs 10.68 lakh crore in 2022-23, about 4.1% of GDP. The outlay for capital expenditure to be stepped up sharply by 35.4% from Rs 4.54 lakh crore to Rs 7.50 lakh crore in 2022-23.
- The Budget goals for FY2022-23 aim to further India's aspirations in Amrit Kaal, as it moves towards its 100th year post independence.
- Focus on growth and all-inclusive welfare.
- Promoting technology-enabled development, energy transition and climate action.
- Virtuous cycle starting from private investment, crowded in by public capital investment.
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Which of the following is not included in the priorities of India Budg...
Disinvestment is not included in the priorities of India Budget 2022-23
Inclusive Development:
- The India Budget 2022-23 prioritizes inclusive development, aiming to ensure equitable growth and development across all sectors of society.
- This includes measures to uplift marginalized communities, improve access to education and healthcare, and reduce poverty and inequality.
Productivity Enhancement and Investment, Sunrise Opportunities, Energy Transition, and Climate Action:
- Another key priority of the budget is to boost productivity and investment in various sectors of the economy.
- The government aims to capitalize on sunrise opportunities in emerging industries, promote energy transition towards renewable sources, and take proactive measures for climate action.
PM Gati Shakti:
- PM Gati Shakti is a flagship initiative included in the priorities of India Budget 2022-23.
- It focuses on improving infrastructure development, enhancing connectivity, and streamlining logistics to drive economic growth and efficiency.
Explanation:
- Disinvestment, which involves selling off government-owned assets or stakes in public sector companies, is not explicitly mentioned as a priority in the India Budget 2022-23.
- While disinvestment can be a crucial strategy for raising funds and promoting efficiency in certain cases, it may not be a primary focus of the current budget's objectives.
Inclusive Development:
- The India Budget 2022-23 prioritizes inclusive development, aiming to ensure equitable growth and development across all sectors of society.
- This includes measures to uplift marginalized communities, improve access to education and healthcare, and reduce poverty and inequality.
Productivity Enhancement and Investment, Sunrise Opportunities, Energy Transition, and Climate Action:
- Another key priority of the budget is to boost productivity and investment in various sectors of the economy.
- The government aims to capitalize on sunrise opportunities in emerging industries, promote energy transition towards renewable sources, and take proactive measures for climate action.
PM Gati Shakti:
- PM Gati Shakti is a flagship initiative included in the priorities of India Budget 2022-23.
- It focuses on improving infrastructure development, enhancing connectivity, and streamlining logistics to drive economic growth and efficiency.
Explanation:
- Disinvestment, which involves selling off government-owned assets or stakes in public sector companies, is not explicitly mentioned as a priority in the India Budget 2022-23.
- While disinvestment can be a crucial strategy for raising funds and promoting efficiency in certain cases, it may not be a primary focus of the current budget's objectives.
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