Union Budget 2022-23 encourages power of youth: FM Nirmala Sitharaman



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Union Finance Minister Nirmala Sitharaman has highlighted that the Union Budget 2022-23 is designed to harness the significant potential of India's youth, recognising their technological prowess and entrepreneurial drive. Speaking at the Indian Global Forum in Bengaluru, she emphasised the critical role of young people and entrepreneurs in India's development over the next 25 years, citing the creation of 45 unicorns during the pandemic as evidence of their capabilities. The budget also aims to boost employment through technology-driven amenities and foster economic growth.

Union Finance Minister Nirmala Sitharaman said that Union Budget 2022-23 recognises and encourages the potential of youth, their technological skills and entrepreneurial spirit. In the 75th year of our independence, the next 25 years are very critical to Indias development; therefore we wanted this years Budget to encourage the power of youth, the power of entrepreneurs, she said. With the lockdown, we could still manage 45 unicorns within 2 years. Thats actually the power of youth. The po
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FAQ :

The Union Budget 2022-23 aims to recognise and encourage the potential of youth, their technological skills, and entrepreneurial spirit.

The Finance Minister stated that the power of youth and their ideas is demonstrated by the creation of 45 unicorns within two years, even during the lockdown.

The budget aims to ensure technology-driven amenities, provide opportunities, and promote employment in the country.

Consultations on the crypto sector are ongoing, and the industry is invited to participate.

The Finance Minister expressed happiness that the common man has adapted to digital banking and QR codes, which also aided direct money transfers during the lockdown.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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