Union budget analysis gives an in depth knowledge about 2022-’23 budget. The following Topics are Complete Details and Analysis about Budget.
FM Nirmala Sitharaman presented her fourth Budget.
This is Narendra Modi government’s tenth Budget, and the second paperless budget.
Budget for Amrit Kal
Amrit Kal
The term ‘Amrit Kaal’ was first used by Prime Minister (PM) Narendra Modi in 2021 during the 75th Independence Day celebrations, when he unveiled a new roadmap for the country for the next 25 years.
Modi had said the purpose of Amrit Kaal was to
Improve the lives of the citizens of India,
Lessen the divide in development between villages and cities,
Reduce the government’s interference in people’s lives, and welcome the
Latest technology
MINISTRY WISE ALLOCATION
ECLGS
Covid pandemic has trembled all financial industries.
SMEs are highly affected by this pandemic.
GoI MSMEs in the Emergency Credit Line Guarantee Scheme or ECLGS.
February 29, 2020.
Budget-2022- ECLGS to be extended till March 2023. The guaranteed cover will be expanded by Rs 50,000 crores to total cover of Rs 5 lakh crores to aid MSME sector financing needs
DIGITAL RUPEE
Digital rupee to be issued using block chain and other technologies; to be issued by RBI starting 2022-23. This will give a big boost to the economy.
CBDC legal tender issued by the Reserve Bank of India.
A CBDC is an electronic record or digital token of a country’s official currency, CBDCs should be exchangeable at par with cash.It performs the basic functions as a medium of exchange, unit of account, store of value, and standard of deferred payment.
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