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Page 1 RECEIPT BUDGET 2022-2023 MINISTRY OF FINANCE BUDGET DIVISION ºÉiªÉàÉä´É VɪÉiÉä Key Features of Budget 2022-2023 February, 2022 GOVERNMENT OF INDIA Page 2 RECEIPT BUDGET 2022-2023 MINISTRY OF FINANCE BUDGET DIVISION ºÉiªÉàÉä´É VɪÉiÉä Key Features of Budget 2022-2023 February, 2022 GOVERNMENT OF INDIA Key features 1 2 3 GOALS OF AMRIT KAAL 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 PM GatiShakti Inclusive Development Productivity Enhancement and Investment, Sunrise Opportunities, Energy Transition and Climate Action Financing of Investments FOUR PRIORITIES 25 28 31 34 37 40 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2019-20 2020-21 2021-22 ? Lakh Crore GDP GVA 1st Lockdown 2nd Wave Recovery of the economy reflective of country’s resilience Page 3 RECEIPT BUDGET 2022-2023 MINISTRY OF FINANCE BUDGET DIVISION ºÉiªÉàÉä´É VɪÉiÉä Key Features of Budget 2022-2023 February, 2022 GOVERNMENT OF INDIA Key features 1 2 3 GOALS OF AMRIT KAAL 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 PM GatiShakti Inclusive Development Productivity Enhancement and Investment, Sunrise Opportunities, Energy Transition and Climate Action Financing of Investments FOUR PRIORITIES 25 28 31 34 37 40 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2019-20 2020-21 2021-22 ? Lakh Crore GDP GVA 1st Lockdown 2nd Wave Recovery of the economy reflective of country’s resilience Indian Economy staging a sustained recovery -10.00 -5.00 0.00 5.00 10.00 15.00 20.00 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 CPI-C and WPI Inflation (%) CPI WPI Gap WPI CPI Net addition in EPF Subscribers (in lakhs) 93.0 69.8 0 10 20 30 40 50 60 70 80 90 100 Jan, 21 Feb March April May June July August Sept Octo Nov Dec, 21 Jan-22 COVID-19 Vaccine Coverage (in %) % of adult population with First dose % of adult population with Second dose Page 4 RECEIPT BUDGET 2022-2023 MINISTRY OF FINANCE BUDGET DIVISION ºÉiªÉàÉä´É VɪÉiÉä Key Features of Budget 2022-2023 February, 2022 GOVERNMENT OF INDIA Key features 1 2 3 GOALS OF AMRIT KAAL 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 PM GatiShakti Inclusive Development Productivity Enhancement and Investment, Sunrise Opportunities, Energy Transition and Climate Action Financing of Investments FOUR PRIORITIES 25 28 31 34 37 40 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2019-20 2020-21 2021-22 ? Lakh Crore GDP GVA 1st Lockdown 2nd Wave Recovery of the economy reflective of country’s resilience Indian Economy staging a sustained recovery -10.00 -5.00 0.00 5.00 10.00 15.00 20.00 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 CPI-C and WPI Inflation (%) CPI WPI Gap WPI CPI Net addition in EPF Subscribers (in lakhs) 93.0 69.8 0 10 20 30 40 50 60 70 80 90 100 Jan, 21 Feb March April May June July August Sept Octo Nov Dec, 21 Jan-22 COVID-19 Vaccine Coverage (in %) % of adult population with First dose % of adult population with Second dose • Driven by seven engines: Roads, Railways, Airports, Ports, Mass Transport, Waterways, and Logistics Infrastructure. • National Master Plan aimed at world class modern infrastructure and logistics synergy Formulation of Master Plan for expressways. Completing 25000 km national highways in 2022-23 • Unified Logistics Interface Platform allowing data exchange among all mode operators • Open Source Mobility Stack for seamless travel of passengers • 4 Multimodal Logistics parks through PPP to be awarded in 2022-23 • Multimodal connectivity between mass urban transport and railway stations • National Ropeways Development Plan as sustainable alternative to conventional roads. • Capacity building for infrastructure Projects • Integration of Postal and Railways Network facilitating parcel movement. • One Station One Product • Extending coverage under Kavach • 400 new generation Vande Bharat Trains PM GatiShakti Page 5 RECEIPT BUDGET 2022-2023 MINISTRY OF FINANCE BUDGET DIVISION ºÉiªÉàÉä´É VɪÉiÉä Key Features of Budget 2022-2023 February, 2022 GOVERNMENT OF INDIA Key features 1 2 3 GOALS OF AMRIT KAAL 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 PM GatiShakti Inclusive Development Productivity Enhancement and Investment, Sunrise Opportunities, Energy Transition and Climate Action Financing of Investments FOUR PRIORITIES 25 28 31 34 37 40 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2019-20 2020-21 2021-22 ? Lakh Crore GDP GVA 1st Lockdown 2nd Wave Recovery of the economy reflective of country’s resilience Indian Economy staging a sustained recovery -10.00 -5.00 0.00 5.00 10.00 15.00 20.00 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 CPI-C and WPI Inflation (%) CPI WPI Gap WPI CPI Net addition in EPF Subscribers (in lakhs) 93.0 69.8 0 10 20 30 40 50 60 70 80 90 100 Jan, 21 Feb March April May June July August Sept Octo Nov Dec, 21 Jan-22 COVID-19 Vaccine Coverage (in %) % of adult population with First dose % of adult population with Second dose • Driven by seven engines: Roads, Railways, Airports, Ports, Mass Transport, Waterways, and Logistics Infrastructure. • National Master Plan aimed at world class modern infrastructure and logistics synergy Formulation of Master Plan for expressways. Completing 25000 km national highways in 2022-23 • Unified Logistics Interface Platform allowing data exchange among all mode operators • Open Source Mobility Stack for seamless travel of passengers • 4 Multimodal Logistics parks through PPP to be awarded in 2022-23 • Multimodal connectivity between mass urban transport and railway stations • National Ropeways Development Plan as sustainable alternative to conventional roads. • Capacity building for infrastructure Projects • Integration of Postal and Railways Network facilitating parcel movement. • One Station One Product • Extending coverage under Kavach • 400 new generation Vande Bharat Trains PM GatiShakti • Promoting chemical free natural farming starting with farmers’ lands close to river Ganga • Promoting post harvest value addition, consumption and branding of millet products • Delivery of Digital and Hi-Tech services to farmers in PPP mode. • Use of Kisan Drones to aid farmers. • Launching fund with blended capital to finance agriculture start ups • Implementation of Ken Betwa Link Project benefitting 9.1 lakh hectare farm land, providing drinking water to 62 lakh people and generating 130MW power. • 5 more such projects under process of implementation. Agriculture and food processing 0 100 200 300 400 500 600 700 Rice Wheat Lakh tons 2018-19 2019-20 2020-21 2021-22 (Upto 31.12.2021) Enhanced procurement to support higher distribution during pandemic 200 220 240 260 280 300 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 (4th AE) Record Foodgrains Production (in million tons) 6.8 6.6 2.6 4.3 3.6 3.9 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Resilient Growth in Agri Sector (per cent)Read More
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1. What are the key features of Budget 2022-23? |
2. What are the major highlights of Budget 2022-23? |
3. How does Budget 2022-23 aim to support economic recovery? |
4. What are the tax reforms proposed in Budget 2022-23? |
5. How does Budget 2022-23 prioritize healthcare investment? |
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