Guwahati: Finance Minister Nirmala Sitharaman is set to present the Union Budget 2022-23 on February 1, 2022.
The budget is anticipated by several industries. The government’s main focus in the previous budget was on health and rural infrastructure development. The Omicron variety of COVID-19 has caused alarm this year, despite the economy’s improvement.
According to reports, there are a few aspects of this year’s budget that everyone should be aware of. The following are some of them:
Dates and times for Budget 2022
Union Finance Minister Nirmala Sitharaman will introduce the Union Budget 2022 on February 1, 2022, at 11 a.m. The tone of the government’s economic plans for the coming fiscal year will be defined by this budget.
Session Budget 2022
It’s worth noting that the federal government has a budget session in Parliament every year, during which a slew of decisions affecting the country’s economic growth and economy, in general, are made. On Budget Day, the finance minister unveils the Union Budget for that fiscal year. The Narendra Modi government’s finance minister, Nirmala Sitharaman will present her fourth Budget in Parliament this year in the Lok Sabha.
Budget 2022: Paperless budget
This year’s Union Budget will most likely be paperless. This will be the second time the finance minister has read the budget speech without using paper. After resolving not to print the budget documents, Finance Minister Nirmala Sitharaman presented a paperless budget in 2021.
Budget 2022: How to download?
For the first time, the Union Budget for 2021-22 was handed without paper. Members of Parliament (MPs) and the general public can now access Budget papers with ease thanks to the launch of the “Union Budget Mobile App.” After the budget presenting process in Parliament is completed on February 1, 2022, the Union Budget 2022-23 will be published on the Mobile App. All stakeholders will have easy and rapid access to Union Budget information through the ‘Union Budget Mobile App.’ The bilingual (English and Hindi) mobile app is available for Android and iOS devices.
Budget 2022: 4th budget of PM Modi-led NDA government’s 2nd tenure
The Union Budget for 2022-23 is the fourth of Prime Minister Narendra Modi’s NDA government’s second term.
It may be mentioned that more than 400 members of Parliament have tested positive for the Covid-19 virus, just weeks before the Union Budget session.