Nirmala Sitharaman, the Finance Minister of Central Government presented the Union Budget 2022. 

The Budget is the result of the previous year and the projection of the coming years Economy of every sector. Dealing with the Covid-19 pandemic India has maintained its economy efficiently. Every government presents its budget in the Budget session of Parliament which is usually conducted on February 1, Narendra Modi government has presented the fourth budget of Modi 2.0, today February 1, 2022.

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Nirmala Sitharaman presented the budget in Parliament with the projection of the growth of India’s economy to be 9.2 percent, which is the highest among all large economies. The overall recovery of the economy from the adverse effect of the pandemic is the reflection of our country’s strong resilience. The Finance Minister said that India is celebrating the Azadi Ka Amrit Mahotsav and it has entered into Amrit Kaal, the 25 year-long lead up to India@100.

As per the speech of Nirmala Sitharaman after presenting the Union Budget said, the Indian Government is aimed to attain the vision of the Prime Minister outlined in his Independent day address. The main objective of the Prime Minister was focused on Complementing the macro-economy, promoting the digital economy, and from private investment with public capital investment.

The BJP government has been continuously focusing on empowering its citizens including the poor, business class, farmers, and industrialists. It also contained the Women and about the empowerment of women in Indian Society.

The Budget was a little bit similar to the previous year’s budget and the tax department is also in a similar situation. The banking sector of the country has witnessed growth and is more expected in the upcoming year.

In my concern, the budget was mainly focused on the technology sector and the development of technology. The use of drones in the farming sector is an innovative step by the government because connecting the farmers with the latest technology to enhance their production is necessary.

The railway sector after facing the slap of the Pandemic of Covid-19 virus showed a good result this year in finance and this budget covers the railway and its growth. The government will focus more on the railway sector to increase the growth and facility of passengers.

Finance Minister with the Union Budget showed the intention of government for the upcoming year which will have a great effect in the upcoming election of Lok Sabha. The Budget was welcomed by every section of people and the discussion is still going on in parliament. While many parties in parliament welcomed the budget, some parties have criticized the government including Rahul Gandhi, the leader of the Congress party is not happy with the budget and said it is not related to his mathematical view.

The major part of the Budget was aimed for the healthcare of India including the Hospitals and the Workers and staff related to healthcare, Covid-19 vaccines also attracted a major part of the Budget because this is the main issue every state is dealing with. The government also has provided a good stake of budget for the state so that they can enhance the productivity of farming and transport in the state.

The budget has many other aspects but here I will not cover every section of it hence while I am writing about it, in my opinion, the budget has involved the every section of people and every concern of national interest.

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