PM Modi addresses webinar on positive impact of Union Budget on rural development
India | February 23, 2022 10:22 ISTThe theme of the programme is 'Leaving No Citizen Behind', as per the Ministry of Rural Development's press release.
The theme of the programme is 'Leaving No Citizen Behind', as per the Ministry of Rural Development's press release.
Prime Minister Modi asserted that digital connectivity is what kept the education system running in this time of the global pandemic.
The announcement comes in the backdrop of the lingering border standoff in eastern Ladakh and concerns in the security establishment over China setting up villages in several sectors close to the Line of Actual Control (LAC).
Presenting the Budget 2022-23, Finance Minister Nirmala Sitharaman acknowledged that due to the pandemic-induced closure of schools, children, particularly in the rural areas, and those from Scheduled Castes and Scheduled Tribes, other weaker sections, have lost almost two years of formal education.
The Government proposed to introduce Digital Rupee, using blockchain and other technologies, to be issued by the Reserve Bank of India starting 2022-23 for more efficient and cheaper currency management system.
The overall financial allocation for the education sector for 2022-23 has increased to Rs 1.04 lakh crore from Rs 93,224 crore (Budget estimate) in 2021-22 as the minister laid emphasis on digital modes of education to reverse learning losses caused by the coronavirus pandemic. The revised estimate for 2021-22 is Rs 88,001 crore.
Welfare of the poor is an important aspect of the Union Budget which is full of possibilities for more investments, infrastructure and jobs, Prime Minister Narendra Modi said on Tuesday.
NITI Aayog CEO Amitabh Kant on Tuesday said that the Union Budget is very progressive and forward-looking and prepares India for the next stage of its sustained growth.
Finance Minister Nirmala Sitharaman said that overall, sharp rebound and recovery of the economy is reflective of our country's strong resilience. India's economic growth in the current year is estimated to be 9.2 per cent, the highest among all large economies.
Finance Minister Nirmala Sitharaman said that overall, sharp rebound and recovery of the economy is reflective of our country's strong resilience. India's economic growth in the current year is estimated to be 9.2 per cent, the highest among all large economies.
In another announcement, Finance Minister said that an independent nodal umbrella body will be set up for private players to meet their requirements for testing and new technologies and to get the certification. The overall defence budget of 5,25,166 crore including Rs 1,19,696 crore for defence pensions is an increase of 9.8 per cent compared to last year's total outlay.
We're taking several steps to tackle these (unemployment & inflation) issues. Our govt didn't allow inflation to go double-digit. Yes, it breached the 6% limit for a month but never crossed it. However, before 2014 it was always in the range of 10,11,12,13: FM N Sitharaman
Finance Minister Nirmala Sithraman slammed Rahul Gandhi for his 'Zer0 Sum Budget' remark at Modi government saying that she will take criticism but not from someone who hasn't done his homework.
Markets in China and South Korea were closed for a holiday. Stock exchanges in Europe were trading on a firm note in mid-session deals.
The basic personal tax exemption limit in the personal income tax was last revised in 2014. Notably, personal income tax is one of the most keenly awaited announcements in the Budget every year.
This year's budget gave further impetus to sustain India's economic and digital growth. The union budget for 2022 is expected to give a major boost to the Indian economy.
Chidambaram claimed that today's speech by Sitharaman was the 'most capitalist' speech made by any finance minister.
The Delhi Police was allocated Rs 8,654.26 crore in 2021-22.
The Budget documents usually include the finance minister’s speech in Parliament, highlights, annual financial statement, finance bill containing tax proposals, memorandum explaining the provisions in the financial bill, and macroeconomic framework statement.
In her Union Budget 2022-23 presentation, the finance minister also said states will be encouraged to adopt Unique Land Parcel Identification Number to facilitate IT-based management of land records.
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