Major Highlights of 92nd Union-Budget of India- (2022 – 2023)

Budgetary Allocation to Ministries in India’s Union Budget 2022-23 :

MinistryAmount (INR billion)
Ministry of CommunicationsINR 1054.07 billion
Ministry of Chemicals and FertilizersINR 1077.15 billion
Ministry of Agriculture and Farmers’ WelfareINR 1325.13 billion
Ministry of RailwaysINR 1403.67 billion
Ministry of Home AffairsINR 1857.76 billion
Ministry of Road Transport and HighwaysINR 1991.07 billion
Ministry of Consumer Affairs, Food and Public DistributionINR 2176.84 billion
Ministry of DefenseINR 5251.66 billion

Key highlights of the budget 2022-23 :

India’s economic growth is estimated at 2% to be the highest among all large economies.

60 lakh new jobs to be created under the productivity linked incentive scheme in 14 sectors.

PLI Schemes have the potential to create an additional production of Rs 30 lakh crore.

Union Budget 2022-23 consists of four pillars :


PM GatiShakti

Inclusive Development

Productivity Enhancement & Investment, Sunrise opportunities, Energy Transition, and Climate Action.


Daily Current Affairs August 02 2022

 

CURRENT AFFAIRS: IMPORTANT DAYS

1-7 August – World Breastfeeding Week

  • World Breastfeeding Week or WBW is observed from August 1 to 7 every year.
  • It was first started in 1992 to promote the benefits of breastfeeding for both mother and the baby.
  • World Breastfeeding Week’s annual themes include healthcare systems, women and work, community support, ecology, economy, science, education, and human rights.
  • Since 2016, World Breastfeeding Week is aligned with the Sustainable Development Goals (SDGs).
  • In 2018, a World Health Assembly resolution endorsed WBW as an important breastfeeding promotion strategy.