Sirjan KaurBUDGET 2022: Major takeaways
The Union Finance Minister Nirmala Sitharaman today announced the country's budget for the financial year 2022-23. She stated that the country is expected to grow at 9.27 per cent in the coming year. She added that the budget presents a vision for the country's independence at 75 years to 100 years.
The theme of the budget revolved around Minimum Government, Maximum Governance.
In a major announcement, FM mentioned that digital currency will be issued by the RBI in the upcoming year, which will give a boost to the economy.
Keeping in mind the pandemic-induced stress, the government has decided to launch a national tele mental health program.
The government has also decided to launch e-passports, which will comprise of embedded chips. It is aimed at the ease of overseas travellers.
FM Sitharaman further announced that income from digital assets like cryptocurrency will be taxed at 30%.
In relation to education, the government has decided to introduce digital university and One class One TV channel program- aimed at covering Covid-induced learning loss.
Regarding agriculture, the budget incorporated rs 2.37lakh crore MSP direct payment to wheat and paddy farmers.
