Live Updates and discussion on Union Budget 2022

Digital university to set up for online with focus on ICT using hub and spoke mode: FM

FM's Digital push #unionbudget2022

• Digital ecosystem for skilling and livelihood will be launched.
• This will aims to skill, reskill, upskill citizens through online training. API based skill credentials, payment layers to find relevant jobs and opportunities
• An open platform for the national digital health ecosystem will be rolled out.

Seven engines of PM Gati Shakti

• Roads
• Railways
• Airports
• Ports
• Mass transport
• Waterways
• Logistics infra

60,000 crore allocated for providing access to tap water to 3.8 crore households In 2022-23, 80 lakh households will be identified for the affordable household scheme: FM #unionbudget2022

'One class, one TV channel' program of PM eVIDYA will be expanded from 12 to 200 TV channels. This will enable all states to provide supplementary education in regional languages for classes 1 to 12: FM Nirmala Sitharaman 

MSMEs such as Udyam,e-shram, NCS & Aseem portals will be interlinked,their scope will be widened... They will now perform as portals with live organic databases providing G-C, B-C & B-B services such as credit facilitation,enhancing entrepreneurial opportunities: FM #Budget2022

PM development initiatives for North East will be implemented for the North Eastern Council... This will enable livelihood activities for youth and women... This scheme is not a substitute for the existing Centre or State schemes: FM Nirmala Sitharaman #unionbudget2022

#Budget2022 E-passports, the issuance of E passports using embedded ship and futuristic technology will be rolled out in 2022-23 to enhance the convenience for the citizens in their overseas travel.

To promote a shift to the use of public transport in urban areas...special mobility zones with zero fossil fuel policy to be introduced...Considering space constraints in urban areas, a 'Battery Swapping Policy' will be brought in: FM FM Nirmala Sitharaman 

400 new generation Vande Bharat trains with better Energy Efficiency and passenger riding experience to be manufactured in next three years: FM Nirmala Sitharaman 

2,000 km of rail network to be brought under the indigenous world-class technology KAWACH, for safety and capacity augmentation

Emergency Credit Line Guarantee Scheme (ECLGS) will be extended up to March 2023, the guaranteed cover will be expanded by Rs 50,000 crores to total cover of Rs 5 lakh crores: FM Nirmala Sitharaman 

Issuance of E-passports will be rolled out in 2022-23 to enhance convenience for  citizens

#Budget2022

DONT BE SO OPTIMISTIC GOVT GROUND LEVEL DIRECT OR INDIRECT TAXES IS NOT UPTO STANDARD, THOUGH FM WILL TRY TO BOOST AND BRING REFORMS BUT TAX DEPT ........

Use of Kisan Drones to be promoted for crop assessment, digitization of land records, spraying of insecticides and nutrients: FM Nirmala Sitharaman #unionbudget2022

#Budget2022 
Implementation of Ken Betwa Linking project at est. cost of Rs. 44,605 Cr. to be taken up:
- Irrigation benefits to 9.0 lakh hectare farm land
- Drinking water to 62 lakh people
- 103 MW hydro power
- 27 MW solar power generation

Rs. 1,400 crore in 2022-23 allocated

Amendments for the Bankruptcy Code * IBC amendments to enhance efficiency of resolution process * Facilitate cross-border insolvency resolution * To speed up voluntary winding up of companies #unionbudget2022

SEZ (Special Economic Zones) Act will be replaced with new legislation...for the development of enterprise and hubs... It will cover the existing industrial enclaves and enhance the competitiveness of exports: FM Nirmala Sitharaman #Budget2022

5G spectrum auction in 2022-23: FM #Budget2022