Union Budget 2022 - Acquisory View

Chandni Ansari27 Jan, 2025Finance

“The Productivity Linked Incentive for 14 Sectors for achieving the vision of AatmaNirbhar Bharat has received excellent response, with potential to create 60 lakh new jobs, and an additional production of 30 lakh crore during next 5 years” ~ Nirmala Sitharaman, Finance Minister, India The major focus in the Union Budget 2022 is on the AatmaNirbhar Bharat / Self Reliant India. Government of India tabled the Union Budget 2022 showcasing a renewed strive towards Inclusive development, Technology enabled Productivity enhancement, a push on infrastructure through PM Gati Shakti Scheme, transition to cleaner Energy and climate action and a further push for a Digital Economy and Fintech. India’s economic growth in the current year is estimated to be around 9.2%, which could well be the highest among all large economies.