Union Budget 2022-23 PDF

Download Union Budget 2022-23 PDF

The Union Budget 2022-23 will be presented by Union Finance Minister Nirmala Sitharaman today, February 1, 2022 at 11 AM. After the presentation of the Budget, the interested individuals will be able to download the budget document. This Union Budget 2022 will be paperless this year. This will mark the second such instance after 2021 when the Finance Minister will be reading the budget speech without paper.

Introduction

1. At the outset, I want to take a moment to express my empathy for those who had to bear adverse health and economic effects of the pandemic.

2. The 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, highest among all large economies.

3. I recognise we are in the midst of an Omicron wave, with high incidence, but milder symptoms. Further, the speed and coverage of our vaccination campaign has helped greatly. With the accelerated improvement of health infrastructure in the past two years, we are in a strong position to withstand challenges. I am confident that with Sabka Prayas we will continue our journey of strong growth.

4. Hon’ble Speaker, we are marking Azadi ka Amrit Mahotsav, and have entered into Amrit Kaal, the 25-year-long leadup to India@100. Hon’ble Prime Minister in his Independence Day address had set-out the vision for India@100.

5. By achieving certain goals during the Amrit Kaal, our government aims to attain the vision. They are:

  • Complementing the macro-economic level growth focus with a micro-economic level all-inclusive welfare focus,
  • Promoting digital economy & fintech, technology enabled development, energy transition, and climate action, and
  • Relying on virtuous cycle starting from private investment with public capital investment helping to crowd-in private investment.

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