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Feb 1 • 64 tweets • 52 min read
Nirmala Sitharaman presents #Budget2022 in Parliament, #Sensex jumps over 800 points

Catch all the #BudgetSession2022 live updates.👇

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#BudgetSession2022

The Budget seeks to lay a blueprint for the next 25 years, says the finance minister.

“We are confident of withstanding challenges amid the coronavirus pandemic,” says #NirmalaSitharaman.

Catch all the #Budget2022 live updates.👇

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Nirmala Sitharaman says the government strives to provide necessary ecosystem for middle class.

“This Budget hopes to lay the foundation for Amrit Kal from India at 75 to India at 100,” she adds.

Catch all the #Budget2022 live updates.👇

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400 new generation Vande Bharat trains will be developed and manufactured in next 3 years, #NirmalaSitharaman says as she speaks about the PM Gati Shakti project.

Catch all the #Budget2022 live updates.👇

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#NirmalaSitharaman informs Parliament that metro systems, muti-model connectivity will be facilitated on priority along with 100 Gati Shakti cargo terminals in the next three years.

Catch all the #Budget2022 live updates here.👇

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#Budget2022 to lay foundation for the next 25 years, says FM Nirmala Sitharaman

“We are confident of withstanding challenges amid the coronavirus pandemic,” says #NirmalaSitharaman.

Catch all the #BudgetSession2022 live updates here: scroll.in/latest/1016370
Government will pay Rs 2.7 lakh crore direct payment of minimum support price for wheat and paddy.

Sitharaman adds that usage of Kisan Drones will be promoted for crop assessments and spraying of insecticides. #Budget2022

Follow live updates.👇

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Finance minister now moves on to highlight the education divide among under privileged children amid the #CoronavirusPandemic.

She says a new portal will be launched for skill development.

Catch all the #BudgetSession2022 live updates.👇

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“One Class, One TV channel” will be expanded from 12 to 200 television channels.

This will assist states to provide supplementary education in all regional languages, according to #NirmalaSitharaman.

Catch all the #Budget2022 live updates.👇

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#NirmalaSitharaman announces the launch of National Tele Mental Health programme, saying the Covid pandemic has “accentuated mental health problems”.

Catch all the #Budget2022 live updates.👇

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400 new generation Vande Bharat trains will be developed and manufactured in next 3 years, Sitharaman says as she speaks about the PM Gati Shakti project.

Catch all the #Budget2022 live updates: scroll.in/latest/1016370
Government will pay Rs 2.37 lakh crore direct payment of minimum support price for wheat and paddy.

Sitharaman adds that usage of Kisan Drones will be promoted for crop assessments & spraying of insecticides.

Catch all the #Budget2022 live updates: scroll.in/latest/1016370
#BudgetSession2022

E-passports using embedded chips and futuristic tech will be rolled out in 2022-’23, says the Finance Minister #NirmalaSitharaman.

Catch all the #Budget2022 live updates here.👇

scroll.in/latest/1016370…
#BudgetSession2022

#NirmalaSitharaman informs the House that PM Development Initiative Scheme for North East will be launched.

Catch all the #Budget2022 live updates here: scroll.in/latest/1016370
#NirmalaSitharaman says 75 digital banking units will be established by scheduled commercial banks in 75 districts to encourage digital payments.

She adds that 1.5 lakh post offices to come under core banking systems.

Follow #Budget2022 live updates:

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#Budget2022

Finance minister informs the House that spectrum auction will be conducted in 2022 for 5G rollout. Opposition asks, “What about BSNL?”

Catch all the #BudgetSession2022 live updates: scroll.in/latest/1016370
#NirmalaSitharaman says 68% of capital procurement budget in defence will be earmarked for domestic industry in 2022-’23. This is up from the 58% last fiscal.

Defence R&D will be opened up for start ups in a big push.

Follow #Budget2022 live updates: scroll.in/latest/1016370
#BudgetSession2022

Finance Minister announces that announces digital rupee using blockchain and other technologies to be introduced by the Reserve Bank of India in 2022-’23.

Catch all the #Budget2022 live updates here: scroll.in/latest/1016370
#Budget2022

The capital expenditure has been stepped up sharply by 35.4% to Rs 7.50 lakh crore for financial year 2022-’23.

Catch all the #BudgetSession2022 live updates here.👇

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Data centres and energy storage systems to be given infrastructure status, says #NirmalaSitharaman. She says this will provide easy financing.

Catch all the #BudgetSession2022 live updates here.👇

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#BudgetSession #Budget2022

Finance minister proposes to increase tax deduction limit from 10% to 14% for state government employees to bring them at par with central government staff.

Catch all the #BudgetSession2022 live updates: scroll.in/latest/1016370
#Budget2022: Fiscal deficit for this financial year revised to 6.9% of #GDP, breaching the target of 6.8%.

Fiscal deficit target for next financial year pegged at 6.4% of GDP.

Catch all the #BudgetSession2022 live updates: scroll.in/latest/1016370
The government says virtual digital assets to be taxed at 30% without any deduction.

#NirmalaSitharaman says gifts of digital assets also to be taxed in hands of the recipient.

Catch all the #BudgetSession2022 live updates: scroll.in/latest/1016370
In her Budget speech, the finance minister announces tax relief for persons with disabilities.

The payment of annuity or lump sum for disabled dependent will be exempted.

Catch all the #BudgetSession2022 live updates.👇

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#UnionBudget2022 | “GST revenue has been buoyant despite the pandemic” - #NirmalaSitharaman

Catch all the #BudgetSession2022 live updates: scroll.in/latest/1016370/
#Budget2022: 400 new-generation trains, 25,000 km of highways announced under PM #GatiShakti project

The project is an initiative to attract private investments for the transport sector.

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The gross Goods and Services Tax collection for January 2022 is Rs 1,40,986 crores, the highest since inception of #GST, the finance minister says.

“GST revenue has been buoyant despite the pandemic,” she adds.

Catch all the #Budget2022 live updates.👇

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The central government proposes to reduce the minimum alternative tax for cooperatives from 18.5% to 15%.

It also proposes to reduce co-operative surcharge from 12% to 7%.

Catch all the #Budget2022 live updates.👇

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#Budget2022

The project aims to bring together 16 ministries including railways and roadways for smoother and faster implementation of infrastructure projects across the country.

Read more: scroll.in/latest/1016388
#Budget2022

Custom duty on cut and polished diamond reduced to 5%. Custom duty is being increased on sodium cyanide.

Catch all the #BudgetSession2022 live updates.👇

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#NirmalaSitharaman said that the Union government’s capital expenditure in financial year 2022-’23 will be Rs 7.50 lakh crore from Rs 5.54 lakh crore in this fiscal – an increase of 35.4%.

Catch all the #BudgetSession2022 live updates.👇

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#Budget2022: Centre breaches fiscal deficit target this year, pegs shortfall at 6.4% of #GDP for 2022-’23

The deficit between the government’s earnings and spending this year came at 6.9% of the GDP, while the target was to limit it at 6.8%.

Read: scroll.in/latest/1016392
#Congress criticises the #Budget2022, saying it has nothing for the middle class

“India’s salaried class and middle class were hoping for relief in times of pandemic, all round pay cuts & back breaking inflation,” says Randeep Singh Surjewala.

Live blog: scroll.in/latest/1016370
Congress leader Shashi Tharoor says he is “concerned about lack of substance for common citizens” in Finance Minister Nirmala Sitharaman’s #Budget2022.

(Image Courtesy: @ANI)

Catch all the #BudgetSession2022 updates here: scroll.in/latest/1016370
#BudgetSession2022

Jayant Sinha, Member of Parliament (Lok Sabha) and chairperson of Parliamentary Standing Committee on Finance, says #NirmalaSitharaman presented a “pro-growth Budget”

Catch all the #BudgetSession2022 live updates here: scroll.in/latest/1016370
#Budget2022

West Bengal CM #MamataBanerjee also says the Budget has nothing for common citizens and that the Modi government is lost in “big words signifying nothing”.

Catch all the #BudgetSession2022 live updates here: scroll.in/latest/1016370
Congress leader Jairam Ramesh says the Modi government is promoting “ecologically disastrous river-linking projects”.

In her Budget speech, Finance Minister #NirmalaSitharaman proposed a project to link five rivers in India.

Live blog: scroll.in/latest/1016370
#Budget2022 | Key highlights

Catch all the #BudgetSession2022 updates: scroll.in/latest/1016370
#Budget2022 | Key highlights

Catch all the #BudgetSession2022 updates: scroll.in/latest/1016370
#Budget2022 | Key highlights

Catch all the #BudgetSession2022 updates: scroll.in/latest/1016370
#Budget2022 | Key highlights

Catch all the #BudgetSession2022 updates: scroll.in/latest/1016370
Finance Minister #NirmalaSitharaman proposed that the tax deduction limit of state government employees should be increased from 10% to 14%.

The government did not announce any change in personal income tax slabs. #Budget2022

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5G spectrum auctions, e-passport among digital initiatives announced by Centre

The Reserve Bank of India will also issue a new digital rupee using blockchain and other technologies in the upcoming financial year. #Budget2022

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#Budget2022

Centre to launch National Tele Mental Health programme amid Covid pandemic

Finance Minister said that the programme will include a network of 23 tele mental health centres of excellence across the country.

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#Budget2022 is people-friendly and progressive, says Prime Minister Narendra Modi

The prime minister said that the document is filled with new possibilities for infrastructure, investment, growth and jobs.

Catch all the #BudgetSession2022 live updates.

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#Budget2022-23 has given special attention to ensuring pucca houses, tap water, toilets & gas connections, PM Modi said.

He added that the document has also given emphasis to modern internet connectivity.

Catch all the #BudgetSession2022 live updates: scroll.in/latest/1016370
#Budget2022-23 has been welcomed by people from all sectors, says PM Modi.

“The positive reactions of common people have increased our enthusiasm to serve the people,” he said.

Catch all the #BudgetSession2022 live updates: scroll.in/latest/1016370
Rahul Gandhi alleges that the #Budget2022 has nothing for the welfare of salaried people, the middle class, the poor, the youth, farmers and micro, small and medium enterprises.

Catch all the #BudgetSession2022 live updates: scroll.in/latest/1016370
RBI has the authority to issue a digital currency and everything else, including crypto, are assets: Nirmala Sitharaman

Her comments are in the context of the 30% tax on digital assets announced in the Budget on Tuesday.

Follow #Budget2022 live updates: scroll.in/latest/1016370
Arvind Kejriwal says that the people had many expectations from the #Budget2022 as it was announced during the time of the coronavirus, but the Budget has left people disappointed.

Catch all the #BudgetSession2022 live updates: scroll.in/latest/1016370
#Budget2022 presented gives no relief to farmers and is silent on the promise of doubling farmers’ income by 2022: Chhattisgarh CM Bhupesh Baghel

Baghel says that the Budget lacks any provision to complete items from previous budgets

Follow live updates: scroll.in/latest/1016370
#Budget2022

Opposition leaders say farmers, poor and middle-class ignored, BJP calls it ‘visionary’

Many politicians highlighted the wide inequality in the country as well as raised concerns over unemployment.

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#Budget2022: Centre allocates Rs 51,971 crore to settle Air India’s debts

Tata Sons was given a debt of Rs 15,300 crore with 100% shares of the Air India & Air India Express & 50% shares of the airport service provider Air India SATS.

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#Budget2022: Union Finance Minister #NirmalaSitharaman said that ‘chemical-free farming’ would be promoted in the country.

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#UnionBudget2022: Nirmala Sitharaman listed several measures to support the agriculture sector.

She said that government would facilitate a fund with blended capital raised under the co-investment model through India’s NABARD.

Read: scroll.in/latest/1016426/
#Budget2022: The scheme ensures 100 days of guaranteed wage employment of unskilled manual work to at least one adult member of every household in rural areas.

In 2021 Budget, the Centre had also allocated Rs 73,000 crore to the rural job guarantee scheme
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#Budget2022: Finance Minister Nirmala Sitharaman said that the Centre is committed to promoting self-reliance in equipment for the armed forces.

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#Budget2022: Sitharaman said that 25% of the defence research and development budget will be opened for industry, startups and academia.

Read: scroll.in/latest/1016429/
#Budget2022: Finance Minister #NirmalaSitharaman said that the time period has been extended to provide #Taxpayers a window to correct filing errors.

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#BudgetSession2022: Sitharaman said that currently if the Income Tax Department came across erroneous estimates by a taxpayer, it went through a lengthy process of adjudication.

The minister added that the new process puts trust in the taxpayer. scroll.in/latest/1016441/
#Budget2022: The #Budget focused on digital currency, large infrastructure projects and small businesses, among other things.

Here are some of the major announcements:👇

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#Budget2022highlights: The #UnionBudget2022 also focused on large infrastructure projects and small businesses. #cryptocurrency #crypto

Read more: scroll.in/latest/1016443/

Here are some of the major announcements:👇
#BudgetSession2022: Union Finance Minister #NirmalaSitharaman said at a press conference that the government has not hiked any taxes this year on instructions from Modi.

Catch all the #Budget related developments here👇

scroll.in/latest/1016370/
#BudgetSession2022: Sitharaman did not announce any changes in income tax slabs. She, however, announced that updated income tax returns can now be filed within two years.

Read more: scroll.in/latest/1016370/

Catch all the #Budget related developments👇

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Feb 2
The Central government controls who gets the permission required to operate a television channel & even what kind of content it can broadcast.

How the Centre exercises stringent control over Indian television news channels,@UmangPod explains

scroll.in/article/101643…
Earlier this week, the government refused to renew the licence of Malayalam new channel, #MediaOne

The ban put the spotlight on the Union government’s ability to control what gets aired on television

How are the TV channels regulated? @UmangPod explains scroll.in/article/101643…
This isn’t the first time #MediaOne has run into trouble with the ruling dispensation.

In 2020, the news channel, along with Asianet News, was banned for 48 hours for its coverage of the riots in Delhi. @UmangPod writes

Read: scroll.in/article/101643… Image
Read 4 tweets
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Feb 2
In recent years, the NCPCR has devoted considerable attention to poorly substantiated complaints against minority communities.

This week in #CommonGround, @AarefaJohari and @iyersaishwarya investigate the Hindutva hijack of India's child rights body. scroll.in/article/101642…
This story is part of #CommonGround, our in-depth and investigative reporting project. scroll.in/article/101642…

By @AarefaJohari, @iyersaishwarya

Sign up to get a fresh story in your inbox every Wednesday: bit.ly/3JZAIgR

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#CommonGround | Under the NCPCR's current chairman, Priyank Kanoongo, the commission has expended considerable resources on pursuing complaints that target minority communities, in many cases for alleged forcible conversion. scroll.in/article/1016421
Read 11 tweets
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Feb 1
In charts: What the data shows about India’s alarming unemployment situation

Last week, the country witnessed its ‘first large-scale’ riots over jobs in Bihar and Uttar Pradesh.
scroll.in/article/101635…

By Ankur Bhardwaj, @CedaAshoka

#UnemploymentCrisis
Data shows that over the last few years employment opportunities for India’s youth have especially worsened.

In 2019, it was reported that India’s unemployment rate in 2017-’18 was the worst in over four decades, according to NSSO surveys.

scroll.in/article/101635…
In May 2021, CEDA-CMIE Bulletin examined the long-term sector-wise employment in India

Using the CMIE’s time-series data of sector-wise employment, we showed that employment in India’s manufacturing sector had nearly halved between 2016-’17 & 2020-’21

scroll.in/article/1016358
Read 5 tweets
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Feb 1
Modi govt used law stayed by courts to seek details from digital media outfits scroll.in/article/101624…

This isn’t the only instance of the govt, and even the courts, using a law that has been struck down. The most glaring example is Section 66A of the IT Act 2000

By @UmangPod
Modi government used law stayed by courts to seek details from digital media outfits

In the past as well, there have been instances of the government, and ironically even the courts, relying on a law that has been struck down, @UmangPod reports.

Read: scroll.in/article/101624…
Retired Supreme Court judge Rohinton Nariman authored a judgment in 2015, ruling that Section 66A of the IT Act was unconstitutional.

Section 66A outlawed some forms of offensive speech, @UmangPod reports. ✍️

Read more: scroll.in/article/101624…
Read 4 tweets
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Feb 1
#Budget 2022 | What are #NirmalaSitharaman’s options amid polls, Covid uncertainty and price rise?

The government is expected to increase spending in infrastructure and health sectors, but tax relief for the middle class doesn’t seem to be on cards.

scroll.in/latest/1016274/
#Budget2022 | With as many as five states set to go to polls within days of the Union Budget, Finance Minister Sitharaman might have an eye on providing relief to the salaried class.

What might the finance minister announce in the #Budget today? ⬇️
scroll.in/latest/1016274
#Budget2022 | The government is likely to announce incentives for opting for the new tax regime that had been announced two years ago, but did not find too many takers, according to the Mint. scroll.in/latest/1016274/

#UnionBudget2022
Read 8 tweets
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Jan 31
#Incharts: Employment rate has fallen in UP, Uttarakhand, Goa and Punjab since the last polls

Among the states going to elections next month, Manipur is the only one that is not reeling under unemployment, shows data. scroll.in/article/101603…

(Via @FactCheckIndia)
#Incharts: Many people in the state lost jobs & the number of those employed dropped to 5.49 crore in May 2020-Aug 2020.

While the employment rate fell in the state, the rate of unemployment also dipped from 16.82% in mid-2016 to 4.83% by the end of 2021. scroll.in/article/101603… Image
#Incharts: In Aug 2016, over 1 crore people were employed & the working-age population was more than 2.31 crore.

Dec 2021, the working-age population increased by 11.7% but the employment rate decreased from 43.4% to 36.86%.

Read: scroll.in/article/101603… Image
Read 6 tweets

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