Union Budget 2022: Key Highlights

WRITTEN BY Divya Bhati

Disinvestment

Target for FY23 - ₹Rs 65,000 crore.

Crypto Tax

Crypto tax of 30%.

PM GATI SHAKTI

Master plan for road transport to be finalised 2022-23.

Digital Rupee

Digital Rupee using blockchain to be launched in 2023- The digital Rupee will be issued by RBI on which heavy taxation will be done.

MICRO, SMALL & MEDIUM ENTERPRISES(MSMEs)

ECLGS- extended up to March 2023 and guaranteed cover extended by another ₹50,000 crore.

5G Technology

Required spectrum auction to be conducted in 2022 to rollout of 5G services by private telecom providers. Also Optical fibers will be set up in rural areas.

National Ropeways Development Programme to be taken up in PPP mode.

E-Passports

Biometric passports will be introduced in 2022-23.

MSP

Rs 2.37 lakh crore worth of MSP direct payments to wheat and paddy farmers.

6 Million Jobs

6 million new jobs will be created in India to curb unemployment.

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