Finance Minister Nirmala Sitharaman will present the Union Budget for the year 2022-23 in Parliament today at 11 am. The Budget session of Parliament began on Monday with the address by President Ram Nath Kovind to both Houses in the Central Hall.
All post offices to be linked to banks
All post offices to be linked with Core Banking Solution to push financial inclusion, Finance Minister Sitharaman announced in her Budget speech on Tuesday, and 75 digital banks in 75 districts will be set up by scheduled commercial banks to encourage digital payments.
Scheme for mobile phone ecosystem as 5G kicks in
*Animation, video games and comics policy in the offing, FM NirmalaSitharaman announces.
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
Implementation of Ken Betwa Linking project at est. cost of Rs. 44,605 Cr. to be taken up with irrigation benefits to 9.0 lakh hectare farmland, drinking water to 62 lakh people, 103 MW hydropower. 27 MW solar power generation
Rs 1400 crores allocated in 2022-23: FM
Special economic zones to be replaced: FM
- 2 lakh Anganwadis to be upgraded for improving child health
- Digital university to be set up to provide education; to be built on the hub and spoke model
- Natural farming will be promoted along the Ganga river corridor
- 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
- The pandemic has accentuated mental health problems in people of all ages. To better access to quality mental health counselling and care services, a National Tele Mental Health programme will be launched. This will include a network of 23 tele mental health centres of excellence with Nimhans being the nodal centre and IIIT Bangalore providing technology support
- 80 lakh affordable houses will be completed at Rs 44,000 cr under PM Awas Yojna in 2022-23
National digital health platform to be rolled out
An open platform for the National Digital Health Ecosystem will be rolled out. It will consist of digital registries of health providers and health facilities, unique health identity and universal access to health facilities, Sitharaman announced.
'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.
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.
Kisan drones for crop assessment, land records, spraying of insecticides are expected to drive a wave of technology in Agri sector.
2,000 km of #Rail network to be brought under the indigenous world-class technology KAWACH, for safety and capacity augmentation Rs 6,000 crore programme to rate MSMEs to be rolled out over 5 years.
Livelihood boost for women, youth in NE:FM
PM development initiatives for the North-East will be implemented for the North Eastern Council, which will enable livelihood activities for youth and women. The scheme is not a substitute for the existing Centre or state schemes, Sitharaman announced.
ECLGS scheme to be extended till March 23
- Among other announcements made by Finance Minister Sitharman in her Budget speech are:
- Railways will develop new products for small farmers and MSMEs.
- Contracts for multi-modal parks at 4 locations to be awarded next fiscal.
- ECLGS scheme to be extended till March 2023 and guarantee cover expanded by Rs 50,000 to Rs 5 lakh cr.
- A rationalised scheme to increase domestic oilseed production will be brought in to cut down imports.
- 2022-23 has been announced as the International Year of Millets.
- PM Gati Shakti for road transport master plan to be finalised in 2022-23. PM Gati Shakti is driven by 7 engines: roads, railways, airports, ports, mass transport, waterways. logistics infra and all 7 engines will pull forward the economy in unison supported by energy transmission, IT communication, bulk water and sewerage and social infra.
ECLGS scheme to be extended till March 23
- Among other announcements made by Finance Minister Sitharman in her Budget speech are:
- Railways will develop new products for small farmers and MSMEs.
- Contracts for multi-modal parks at 4 locations to be awarded next fiscal.
- ECLGS scheme to be extended till March 2023 and guarantee cover expanded by Rs 50,000 to Rs 5 lakh cr.
- A rationalised scheme to increase domestic oilseed production will be brought in to cut down imports.
- 2022-23 has been announced as the International Year of Millets.
- PM Gati Shakti for road transport master plan to be finalised in 2022-23. PM Gati Shakti is driven by 7 engines: roads, railways, airports, ports, mass transport, waterways. logistics infra and all 7 engines will pull forward the economy in unison supported by energy transmission, IT communication, bulk water and sewerage and social infra.