THE HIGHLIGHTS OF THE BUDGET 2022-2023
THE CONTEXT: The Union Budget seeks to complement macro-economic level growth with a focus on micro-economic level all-inclusive welfare. The union minister for Finance &
Corporate Affairs, tabled the Union Budget 2022-23 in Parliament on February 2022.
PART A
- India’s economic growth estimated at 9.2% to be the highest among all large economies.
- 60 lakh new jobs to be created under the productivity linked incentive scheme in 14 sectors.
- PLI Schemes have the potential to create an additional production of Rs 30 lakh crore.