The Union Budget 2022
The budget of a nation determines the direction in which the nation will grow. A budget has the power to build a nation. Among the several categories of the budget that are changed, what are the positive aspects? And what are the declining aspects? What are those questions that a common middle-class Indian citizen has in his mind? What benefits does the general public stand to receive from this? Let’s discuss the above points: - Opportunities: INFRASTRUCTURE · The outlay for capital expenditure has been increased by 35.4% from Rs 5.54 lakh crore in FY22E to Rs 7.50 lakh crore for FY23E. National highway network to be expanded by 25,000 km during FY22-23E and Rs 20,000 crore will be mobilized to promote the same. · The center has come up with a new program called “New Vibrant Villages Programme” which will promote infrastructure in the border states. Border villages with a sparse population, limited connectivity, and infrastructure often get left out from the devel