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India’s economic growth in the current year is estimated to be 9.2 per cent, highest among all large economies. The overall, sharp rebound and recovery of the economy from the adverse effects of the pandemic is reflective of our country’s strong resilience. This was stated by Union Minister for Finance and Corporate Affairs Smt Nirmala Sitharaman while presenting the Union Budget in Parliament today.               The Finance Minister said, India is celebrating Azadi ka Amrit Mahotsav and it has  entered into Amrit Kaal, the 25-year-long leadup to India@100, the government aims to attain the vision of  Prime Minister outlined in his Independence Day address and they are:   Complementing the macro-economic level growth focus with a micro-economic level all-inclusive welfare focus,    Promoting digital economy  & fintech, technology enabled development, energy transition, and climate action, and  Relying on virtuous cycle starting from private investment with public capital investmen

Terming the budget far-sighted, Union Home and Cooperation Minister Shri Amit Shah said that it will prove to be a scale-changing budget for the Indian economy I congratulate Prime Minister Shri Narendra Modi and Finance Minister Smt. Nirmala Sitharaman This budget by the Modi government will make India self-reliant and lay the foundation for New India for the 100th year of Independence Increasing the size of the budget to Rs 39.45 lakh crore shows India's rapidly growing economy even during theCOVID-19 pandemic Reducing the fiscal deficit target from 6.9% to 6.4% is a big achievement, I am confident that India will be able to bring down the fiscal deficit below 4% under the leadership of Prime Minister Shri Narendra Modi The budget for self-reliant India will be helpful in making India the world's leading economy under the leadership of Prime Minister Shri Narendra Modi by exploiting the opportunities that have arisen in the global economic world after the COVID-19 pandemic Sh

Additional Allocation of Rs. 19,500 crore proposed for production linked incentives for manufacturing of high efficiency modules Sovereign Green Bonds will be issued for mobilizing resources for green infrastructure The government aims to attain the vision of promoting energy transition and climate action during the Amrit kaal. While presenting the Union Budget 2022-23 in Parliament today, Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, laid emphasis on the vision  of promoting energy transition and climate action during the Amrit kaal  and put this as one of the important priorities of the country for moving forward. Speaking on the budget specially on the power and renewable energy sector Union Minister for Power and MNRE Shri R.K Singh said "Congratulations to Finance Minister  on a forward-looking Union Budget 2022-23. Aatmanirbhar Bharat Ka Budget of 2022 has laid the blueprint for India’s Amrit Kaal, covering areas like infrastructure, digitisation

Union Minister for Road Transport and Highways Shri Nitin Gadkari hailed the Budget as historic giving new vision to new India. He said it is exactly the vision of 21 st  century and the economic vision and priority has already decided by this budget.  Shri Gadkari said the highest priority is for Scheduled Castes, Scheduled Tribe, Farmers, Rural India, Agricultural India Tribal India, Gaon, Garib Majdoor Insaan , welfare of all the sectors  is the highest priority in this budget.  The second highest priority is for infrastructure. The Minister said he was really happy because he got the opportunity to work with Bharat Mala and Sagar Mala and now Parvat Mala a new programme has been started .  Now it is rope way ,cable car  which are a great gift for the area particularly hilly area of the country. He said it  benefits North East, Uttarakhand, Himachal and Kashmir. Shri Gadkari said  It is very important for not only goods but tourism also as this can create more employment potential.

Briefing the media about the   Budget implications for the Ministries and Departments dealt by him,  Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh said that if one was to explain the General Budget 2022-23 in a single sentence, it would be appropriate to say that this is a “Futuristic Budget with scientific vision and Start-Up incentives".     Under the leadership of Prime Minister Narendra Modi, Dr Jitendra Singh said, India looks forward to a crucial decade ahead, which will primarily be determined by two factors (a) Economy and (b) Science, Technology & Innovation. Keeping these critical aspects in mind, he said, Finance Minister Nirmala Sitharaman had presented an all-inclusive Budget which touches a wide spectrum of sectors ranging from rural, healthcare, agriculture, sanitation, etc. The hallmark of th

The Union Budget 2022-23 announced today, presented the government’s plans to increase capital expenditure by 35% and fuel growth for an economy recovering from 3 waves of the COVID-19 pandemic. The Minister of Tourism, ShriKishan G. Reddy expressed his gratitude to the Prime Minister and the Finance Minister for the continued focus placed on the development of large infrastructure, connectivity and border linkages will play a major role in boosting tourism in India. The PM Gati Shakti master plan for expressways will facilitate speedier implementation of development projects under the National Infrastructure Pipeline through the use of technology to facilitate faster movement of people and goods, seamless multimodal connectivity, economic transformation, and logistical synergy. In this regard, the National Highways Network will be expanded by 25,000 km in 2022-23 and INR 20,000 crore will be raised for the same through innovative funding. The Gati Shakti master plan is driven by 7 eng

Ministry of Youth Affairs & Sports allocated Rs 3062.60 crore in the budget of 2022-23, an 11.08 percent rise in allocated budget as compared to the Budget estimate of 2021-22 Budgetary outlay for sports facilities and development of sports in J&K and the North-East stepped up Increased Budgetary allocations for development of Youth and Yuvashakti Union Minister for Women and Child Development Smt Smriti Zubin Irani has said  that emphasis on multi-modal infra and newer avenues for investment in the Union Budget 2022-23, presented by the Finance Minister in the Parliament today, will position India at the Centre of the emerging global economy. Smt Irani congratulated Prime Minister Shri Narendra Modi and Finance Minister Smt Nirmala Sitharaman for a futuristic Aatma Nirbhar Bharat ka Budget laying the blueprint for India’s Amrit Kaal. In a series of tweets the Minister said that Mission POSHAN 2.0 & Saksham Anganwadi, Mission Shakti & Mission Vatsalya as described in th