Thread by @mygovindia

.@nsitharaman, Minister of Finance and Corporate Affairs presents the Union Budget 2022-23 in Parliament House. #AatmanirbharBharatKaBudget

India's economic growth is estimated to be 9.2% in the upcoming financial year: FM @nsitharaman #AatmanirbharBharatKaBudget

We are marking Azadi ka #AmritMahotsav, our focus is on:
1. Complementing micro & macro economy
2. Promoting digital economy
3. Private & public investments
: FM @nsitharaman #AatmaNirbharBharatKaBudget

Our budget focuses on taking India@75 to India@100. Last year budget has seen significant implementation: FM @nsitharaman #AatmaNirbharBharatKaBudget

Strengthening of Health infrastructure, speedy implementation of vaccination program are evident for all :FM @nsitharaman #AatmaNirbharBharatKaBudget

With our provision for public investment in the last budget, this budget continues to provide multiplier effect which will benefit youth farmer, SCs, STs, women & poor: FM @nsitharaman #AatmaNirbharBharatKaBudget

Our economic recovery is continuing to benefit from the multiplier effect & the budget 2022-23 is designed primarily to benefit 2 core sectors:
-Women, Students, Farmers
-Big public infrastructure for modernisation & development with #PMGatiShakti :FM #AatmaNirbharBharatKaBudget

#PMGatiShakti will pull forward the economy and will lead to more jobs & opportunities for the youth: FM @nsitharaman #AatmaNirbharBharatKaBudget

The National Highway network will be expanded by 25,000 kms in 2022-23 : FM @nsitharaman #AatmaNirbharBharatKaBudget

#PMGatiShakti will encompass the 7 engines for multi-modal connectivity for the states with speedier implementation of development projects through technology to facilitate faster movement of people & goods through ₹20,000 crore financed by the govt to speed up this project: FM

Railways will develop efficient logistics for small farmers & enterprises. 'One station, one product' to help supply chain of local product: FM @nsitharaman #AatmaNirbharBharatKaBudget

100 Cargo Terminals under #PMGatiShakti will be developed in the next few years: FM @nsitharaman #AatmaNirbharBharatKaBudget

As a part of #AtmaNirbharBharat over 2,000kms will be brought under KAWACH the indigenous world-class technology in 2022-23 : FM @nsitharaman #AatmaNirbharBharatKaBudget

'Parwatmala' for conventional roads in hilly areas to be taken in PPP modes: FM @nsitharaman #AatmaNirbharBharatKaBudget

Natural farming will be promoted along Ganaga corridor: FM @nsitharaman #AatmaNirbharBharatKaBudget

Inclusive development is the government's priority which includes farmers for Paddy, Kharif & Rabi crops under which 1,000 LMT Paddy is expected to be procured benefitting over 1 crore farmers. : FM @nsitharaman #AatmaNirbharBharatKaBudget

Use of Kisan Drones for crop assessments, land records, spraying of insecticides is expected to drive a wave of technology in Agri & farming sector : FM @nsitharaman #AatmaNirbharBharatKaBudget

The implementation of the Ken-Betwa link worth ₹44,605 crore will be taken up at providing irrigation of over 9 lakh hectares of farmers land providing irrigation, farming & livelihood facilities to farmers & local population. : FM @nsitharaman #AatmaNirbharBharatKaBudget

For farmers to adopt to natural farming, comprehensive package for participation of State governments & MSMEs to be introduced: FM @nsitharaman #AatmaNirbharBharatKaBudget

Hospitality services by the small & medium sector are yet to bounce back, therefore, the government has decided to extend the ECGL service for this sector by March 2023 with an increased cover of ₹50,000. : FM @nsitharaman #AatmaNirbharBharatKaBudget

Skilling programs will be reoriented. For skilling, upskilling & reskilling of our youth, Digital DESH e-portal will be launched: FM @nsitharaman #AatmaNirbharBharatKaBudget

'One Class One TV Channel' will be increased from 12 to 200 TV Channels to provide supplementary education in regional languages for class 1-12: FM @nsitharaman #AatmaNirbharBharatKaBudget

For mental health counselling, a National Tele Mental Health Program will be launched: FM @nsitharaman #AatmaNirbharBharatKaBudget

For women-led development, our government has launched:
1. Mission Shaki
2. Mission Vatsalya
3. Poshan 2.0
FM @nsitharaman #AatmaNirbharBharatKaBudget

Nari shakti is the Harbinger of our bright future :FM @nsitharaman #AatmaNirbharBharatKaBudget

60,000 houses will be identified as beneficiaries for PM Awas Yojana in rural & urban areas: FM @nsitharaman #AatmaNirbharBharatKaBudget

In 2022-23 80 lakh houses will be completed for identified beneficiaries of PM Awas Yojana : FM @nsitharaman #AatmaNirbharBharatKaBudget

To improve quality of life, Aspirational Districts have translated into success. 95% of 102 districts have made significant progress in key sectors : FM @nsitharaman #AatmaNirbharBharatKaBudget

Border villages with sparse population with limited connectivity will be covered under 'New Vibrant Villages Programme' : FM @nsitharaman #AatmaNirbharBharatKaBudget

The coverage of Har Ghar Nal se Jal is 8.7 crores out of which 5.5 crore households were provided with tap water in the last 2 years itself: FM @nsitharaman #AatmaNirbharBharatKaBudget

In 2022, 100% of 1.5 lakh post offices will come on core banking system to facilitate financial inclusion: FM @nsitharaman #AatmaNirbharBharatKaBudget

With the aim to take Digital Banking to every citizen. 75 digital banking units in 75 districts of the country will be launched: FM @nsitharaman #AatmaNirbharBharatKaBudget

With 1486 union laws repealed, Ease of Doing Business 2.0 will be launched. We will follow the idea of trust based government: FM @nsitharaman #AatmaNirbharBharatKaBudget

ePassports will be rolled out in 2022-23 for convenience in overseas travel: FM @nsitharaman #AatmaNirbharBharatKaBudget

For urban capacity building, modernization of building by laws, town planning schemes and transit oriented development will be implemented : FM@nsitharaman #AatmaNirbharBharatKaBudget

Centres of Excellence will be established with an outlay of 250 crore for urban sector development: FM @nsitharaman #AatmaNirbharBharatKaBudget

Battery Swapping Policy will be brought out & inter operational service will be formulated. : FM @nsitharaman #AatmaNirbharBharatKaBudget

'One Nation, One Registration' will be established for anywhere registration to facilitate ease of living & doing business : FM @nsitharaman #AatmaNirbharBharatKaBudget

Private sector will be encouraged to create sustainable and innovative business models for battery and energy as a service, improving the efficiency in the EV ecosystem: FM @nsitharaman #AatmaNirbharBharatKaBudget

Settlement of 75% of running bills in 10 days to be established. To reduce delays in payment, paperless ebills to be set up by the Ministries: FM @nsitharaman #AatmaNirbharBharatKaBudget

A task force for the promotion of AVGC will be set up, aiming to employ youth in the visuals & animation sector: FM @nsitharaman #AatmaNirbharBharatKaBudget

The laying of optical fibre in all villages to be completed by 2025: FM @nsitharaman #AatmaNirbharBharatKaBudget

68% of R&D budget in Defence earmarked for Make In India: FM @nsitharaman #AatmaNirbharBharatKaBudget

Green Energy & Clean Mobility systems have immense potential to modernise the country, make Indian industry more inclusive & generate employment for the youth: FM @nsitharaman #AatmaNirbharBharatKaBudget

Our government is committed towards Atmanirbharta in armed forces. 68% of capital procurement budget will be earmarked for domestic industry for 2022-23 up from 58% in 2021-22 : FM @nsitharaman #AatmaNirbharBharatKaBudget

Rs. 19,500 crore marked for PLI for manufacturing of high efficiency module for polysilicon: FM @nsitharaman #AatmaNirbharBharatKaBudget

Financial support will be provided to farmers wanting to take up Agro-Forestry. : FM @nsitharaman #AatmaNirbharBharatKaBudget

5-7% biomass pellets will be co-fired in thermal power plants resulting in carbon dioxide savings of 38 mmt annually :FM @nsitharaman #AatmaNirbharBharatKaBudget

Outlay for capital expenditure increased by 35.4% from previous year to 7.50 lakh crore in 2022-23: FM @nsitharaman #AatmaNirbharBharatKaBudget

Sovereign Green Bonds to be issued in public sector projects to reduce carbon footprint initiatives in the economy : FM @nsitharaman #AatmaNirbharBharatKaBudget.

Government back funds SIDBI fund of funds have provided scale capital creating a multiplier effect :FM @nsitharaman #AatmaNirbharBharatKaBudget

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: FM @nsitharaman #AatmaNirbharBharatKaBudget

Digital currency to boost digital economy. Digital Rupee to be issued by RBI starting 2022-23: FM @nsitharaman #AatmaNirbharBharatKaBudget

Rs. 1 lakh crore to assist the states in catalysing the overall investment in economy. These 50 years interest free loans are over and above the normal borrowings to the states : FM @nsitharaman #AatmaNirbharBharatKaBudget

Revised estimate of capital expenditure is Rs. 6.3 lakh crore : FM @nsitharaman #AatmaNirbharBharatKaBudget

6.4% Fiscal Deficit of the GDP : FM @nsitharaman #AatmaNirbharBharatKaBudget

To become sustainable & stronger we have set up a target to reach below 4.5% a fiscal deficit level :FM @nsitharaman #AatmaNirbharBharatKaBudget

Effective Capital Expenditure of the Central Govt is estimated at Rs 10.68 lakh crores in 2022-23, about 4.1% of GDP: FM @nsitharaman #AatmaNirbharBharatKaBudget

We have further simplified tax system. Introducing new updated return where people can file updated return within 2 years of the filed IT Return: FM @nsitharaman #AatmaNirbharBharatKaBudget

Reduced alternate minimum tax for cooperatives from 18.5% to 15%: FM @nsitharaman #AatmaNirbharBharatKaBudget

Reduce of surcharge of cooperative societies from 12% to 7% for those having income below 1 crore. : FM @nsitharaman #AatmaNirbharBharatKaBudget

Existing tax benefits for Startups which were offered redemption of taxes for 3 consecutive years to be extended by 1 more year: FM @nsitharaman #AatmaNirbharBharatKaBudget

Tax deduction limit to be reduced for central government employees from 18% to 15% in their contribution to NPAs: FM @nsitharaman #AatmaNirbharBharatKaBudget

Virtual digital assets to be taxed at 30% and 1 % TDS on transfer of virtual digital assets: FM @nsitharaman #AatmaNirbharBharatKaBudget

GST payed a remarkable reform in India's GDP: FM @nsitharaman #AatmaNirbharBharatKaBudget

GST revenues are buoyant despite the pandemic, gross GST collection for month of January are over Rs. 1.4 lakh crore. The highest since the inception of GST :FM @nsitharaman #AatmaNirbharBharatKaBudget

Taxpayers deserve applause who have diligently contributed to fulfilling their responsibilities in improved tax & GST : FM @nsitharaman #AatmaNirbharBharatKaBudget

Faceless customs have done exceptional work against all odds and been an enabler in PLI & Ease of Doing Business: FM @nsitharaman #AatmaNirbharBharatKaBudget

To further electronics manufacturing, duty concessions given for high growth of electronics items: FM @nsitharaman #AatmaNirbharBharatKaBudget

Customs duty on cut-diamonds has been reduced to 5%: FM @nsitharaman #AatmaNirbharBharatKaBudget

Custom Duties on important chemicals like acidic acid & methanol reduced: FM @nsitharaman #AatmaNirbharBharatKaBudget