GDP NUMBERS Decline to 6.6% compared to a 7.3% contraction previously estimated for the FY21. Projected growth of 9.2% in the current FY.
FISCAL DEFICIT Pegged at 6.4% of GDP for FY2022-23 as the budget recognised the need to boost growth.
C – Capex Driven Growth H – Housing & Urban Planning A – Agriculture R – Railways I – Infrastructure S – Start Up India M – MSMEs A – Automation & Digital Economy T – Tax Reforms I – Initiatives C – Climate Change
employment opportunities 60 Lakh Jobs in the next 5 years and initiating APIs to find relevant opportunities
Rs 6,000 crore program to rate MSMEs to be rolled out over 5 years. PE/VC invested Rs 5.5 lakh crore in startups.
A flat tax of 30% on any income from the transfer of any virtual digital asset or cryptocurrency.
Epassport, embedded with a chip , to be introduced for the convenience of overseas sales.
Rs 48, 000 crore is allotted for PM Awas Yojana & Rs.60,000 crores allocated for providing access to tap water to households.