Budget 2022: Some important features

Yuvavani.com
 

As there are so many new initiatives, initiated in the budget 2022-23, here are some of the key features of the budget:

·         Universal Education

·         One TV one class with emphasis on virtual education. Expansion of TV Channels upto 200 channels.

·         Establishment of virtual labs and skilling labs to promote critical thinking skills

·         Proposal to establish Digital University

·         Plan for skill development.

·         Health:

·         Proposal for National Digital Health Ecosystem

·         Proposal for National Tele Mental Health Programme

·         Housing & Welfare

·         Tap water for 38 million households

·         Construction of eight million houses in 2022-23

·         Digital banking and digital payment system to be strengthen

·         Core banking by all the post offices

·         Finance & Investment

·         Introduction of digital rupee by RBI

·         Measure to aid investment by Venture Capital and Private Equity investment

·         Green bonds for Green infrastructure

·         Introduction of E-passport service

·         No changes in tax slabs

·         Tax proposals

·         Two year time for updated tax returns

·         Extending period of incorporation of startups

·         Income from virtual digital assets to be taxed @ 30%

·         Revenue Expanditure for 2022-23: Rs. 3194663 crore

·         Effective Capital Expenditure 2022-23: 1067889 crore

·         Allocation of funds in various schemes

·         National Health Mission: Rs 37800 crore

·         National Education Mission: Rs.39553 crore

·         Jal Jeevan Mission: Rs. 60000 crore

·         PM Kisan Scheme: Rs. 68,000 crore

·         Pradhan Mantri Gram Sadak Yojana: Rs. 19000 crore

·         Atmanirbhar Yojana: Rs. 6400 crore

·         Agriculture

·         Promoting chemical free natural farming

·         Enhanced procurement of foodgrains 

(An independent pvt. initiative) 

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