Union Budget 2022 - News & Updates

[Yashvardhan Jain]

On February 1, the Union Budget 2022 will be presented. The first phase of the budget session of Parliament is from January 31 to February 11, and the second phase is from March 14 to April 8.

https://twitter.com/x/status/1482011273902829579

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[rohitvatsa]

Nirmala Sitharaman would present the Union Budget at 11:00 am today.I go into it with Zero expectations for middle class and only hope she doesn't punishes us any further for earning money legally

 

[Yashvardhan Jain]

https://twitter.com/x/status/1488389649127317504

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https://twitter.com/x/status/1488390942252236803

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[Yashvardhan Jain]

 

[Yashvardhan Jain]

 

[Yashvardhan Jain]

Rs 48,000 crores allocated for completion of construction of 80 lakh houses under PM Awas Yojana in rural and urban areas in the year 2022-23: FM Sitharaman

https://twitter.com/x/status/1488402794327404546

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[Yashvardhan Jain]

 

[rohitvatsa]

Heartbreak for Crypto lovers.Govt. was obviously not going to leave any source of tapping money.This govt. is filled with people who view investors with disdain. I can't recollect any budget under this govt. which has encouraged investing in any form.

 

[Yashvardhan Jain]

https://twitter.com/x/status/1488406050030391301

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[Itsme...]

Budget allocation related to S&T-
Department of Atomic Energy- In 2021-22 year- 18264 cr. This year - 22723 cr. That means some 4000 cr more
Department of Space(ISRO come here)- 13949 cr in 2021. 13700 cr this year.
Department of Science and Technology- 6067 CR IN 2021 VS 5917 CR THIS YEAR
Scientific and industrial research- 5224 cr in 21 vs 5636 this year.
Department of biotech- 3502 CR in 21 vs 2581 cr this year. That's a decrease of 1000 cr.
Ministry of earth science- 1897 CR IN 21 vs 2203 cr in 2022.
Total in 2021- 48903 cr
Total in 2022- 52760 cr
/ Not happy about Biotech allotment. Should have been more considering Corona crisis and other health problem that is looming over India. Same with ISRO. Many launches including mission to Sun, human space flight, Venus mission, Chandrayan-3, Space center are planned and there is a cut in budget.
Budget document link- https://www.indiabudget.gov.in/doc/eb/allsbe.pdf