Thread by @Sanju_Verma_

PLI in 14 Sectors to create 50 lakh new jobs and additional production of Rs 30 lakh Cr

Budget lays blueprint of Amritkaal

Modern Infra for India at 100 with Multi modal approach

PM GatiShakti,Energy transition, Climate Action to fuel Sustainable development

#UnionBudget2022

PM #GatiShakti Master Plan to power 25000km of Highways

Unified Logistics Interface Program for JIT Inventory Management

Railways to fuel Logistics for Small Farmers

One Station One Product for Local Businesses

2000km under Kawach

400 Vande Bharat Trains
100 Cargo Terminals

NRDP for Better Connectivity

Rs 20000Cr to boost Transport Infra

Rs 2.73 lakh Cr as Public Procurement/MSP for Wheat &Paddy

Focus on Natural,Chemical Free& Zero Budget Farming

Drones for Agriculture

ECLGS till March 2023,with total cover of Rs 5 lakh Cr

##Budget2022
#Budget

Digital Skilling to be aligned with Industry needs

Addnl Rs 2Lakh Cr for #MSMEs/StartUps

Skilling Courses in ITIs

PM E-Vidya to be Expanded to 200 TV channels in Regional Languages with focus on High quality e-content

#economy #Budget #BudgetBytes
#Budget2022 #UnionBudget2022

2 Lakh Anganwadis to be Upgraded

8.7Cr Households have access to Har Ghar Jal,with 5.5Cr getting Drinking Tap Water

Rs 50000Cr to cover 3.8Cr Households in 2022-23,under Har Ghar Jal

80 Lakh Beneficiaries identified under PM Awas Yojana,for 40000Cr
#Budget2022 #UnionBudget2022

Focus on Aspiration Districts,Border Villages,North East Villages,Tourist Centres

Addnl Rs 1500Cr for North East

1.5 lakh Post Offices to come under Core Banking

75 Digital Banking Units in 75 Districts

25000 Compliances&1486 Archaic Union Laws Repealed

#UnionBudget2022

Trust Based Governance

E-passports with Embedded Chip &Futuristic Technology to be rolled out

Rs 1400Cr allotted for Solar&Hydro Projects

National #Health Register to be set up

Rs 5 lakh Cr cover for Hospitality

Promote Centres of Excellence with Rs 250Cr each

#Budget2022

Promotion of EVs through Battery Swapping

Clean Tech for Transport

Accelerated Corporate Exits

Mobility Zones for E-Vehicles

Winding up Companies,from 2yrs to less than 6 months

To Promote #StartUps for #Drone Manufacturing

Replace BGs with #SuretyBonds in Govt Procurement

To Promote 5G,Affordable Broadband-PLI Linked

Spectrum Auctions in 5G

Optical Fibre Contracts in all Villages under #BharatNet

States to become Enterprise& Service Hubs;Revamped #SEZ policy

68% of Capital Procurement Reserved for Domestic Manufacturing

#UnionBudget2022

63% of R&D Budget earmarked for Make in India

68% Outlay in Defence Budget earmarked for Make in India

Rs 19500 Cr PLI for Manufacturing Solar PV Modules

280GW Solar Power by 2030

#Budget2022
#BudgetBytes
#UnionBudget2022
Focus on Naya Bharat,Ease of Living,Atmanirbhar Bharat

Capital Outlay to be 2.9% of GDP

Capital Spending by Centre at 10.68 Lakh Cr,4.1% of GDP

FY23 #Capex at Rs 7.5 lakh Cr

Capital Outlay up by 35.4% in FY23

Sovereign Green Bonds to Mobilise Green Resources

International Arbitration Centre to be set up

#Budget2022 #Budget

Introduction of Digital Rupee by RBI

Addnl Rs 1 lakh Cr,interest free,3 year Loans to States in Catalysing Investments,over&above Normal Borrowings to States

States allowed Deficit of 4% of GSDP,with 0.5% linked to Reforms

51971Cr Settlement of Outstanding dues of Air India

Revised Fiscal Deficit in FY22 at 6.9% Vs Projected 6.8%

FY23 Fiscal Deficit Estimated at 6.4% of #GDP

4.5% Target by 2025-26

New Provision for Taxpayers to Update #IncomeTax Returns within 2 yrs,in line with Voluntary Compliance

Cooperative Society Tax reduced to 15%

Tax Parity between Cooperative Societies&Companies

Surcharge on #Cooperatives reduced from 12% to 7%

Tax Deduction Limit for #NPS Accounts raised from 10% to 14%

#StartUps incorporation limit,for availing Tax Incentives, raised by 1yr

Taxation of Virtual #DigitalAssets at 30%

1% TDS on Payment of Virtual Assets,over&above 30% Tax on Digital Asset Income

Long term Capital Gains on all Assets at 15% to boost StartUps

Health&Education Cess is NOT Business Expenditure

Brought Forward Losses cannot be set off against Undisclosed Income
#UnionBudget2022

Remarkable Progress in GST which showcases Cooperative Federalism

One Market,One Tax,a landmark Reform

Gross GST Collection in Jan2022 Rs140962Cr,highest since inception

Tax Payers deserve applause

GST fully IT driven

Moderate Custom Tariffs to boost Growth
#UnionBudget2022

Customs Duty relief to Steel Scrap Manufacturers,to help MSMEs

Higher Duty on Imitation Jewellery to curtail Imports

Lower Duty on Gems&Polished Stones

Lower Duty on Shrimp Acquaculture

Unblended Fuel to attract Addnl Excise Duty of Rs2 per litre,to encourage Blending of Fuel