Tag: Union Budget 2022-23

Dr. Farooq Abdullah of Jammu and Kashmir speaks on Union Budget 2022-23

CREDIT: Sansad TV

India goes on a spending spree to boost growth, stokes concern over fiscal deficit

Summary Finance minister unveils higher spending on infrastructure Allocates higher subsidies ahead of state elections Indian economy projected to grow 8%-8.5% in 2022/23 NEW DELHI, Feb 1 – India’s government will step up spending to 39.45 trillion rupees ($529.7 billion) in the coming fiscal year to build public […]

PM congratulates the Finance Minister and her team for a ‘people-friendly and progressive Budget’

“Budget this year has come with a new confidence of development amidst the once-in-a-century calamity” “This Budget will create new opportunities for the common people along with providing strength to the economy” “Budget is full of opportunities for more Infrastructure, more Investment, more growth, and more jobs.” “Welfare […]

Union Budget 2022-23

Further impetus to Armed Forces modernisation & defence security Infrastructure development Total allocation under Capital Outlay of Defence Services enhanced to 1.52 lakh crore 68% of capital procurement budget to be earmarked for domestic industry to promote self-reliance & reduce import dependency 25% per cent of defence R&D […]

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