Page 11 - NIS English 16-28 Feb 2022
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Union Budget | Economy
BUDGETARY ALLOCATION same opportunity as the elixir of freedom, when
AS PER THE DEPARTMENT India once again took up the task of becoming
a nation of golden resolutions. When the Covid
Defence Ministry
disaster struck the world, India was no exception.
5,25,166.15 However, in saving the country from the Covid
epidemic, the way the government prepared and
made the harshest decisions not only prioritised
saving lives with the mantra of Jaan Bhi Jahan Bhi,
Consumer Affairs, Food, and but also lifted the country's economy from a state
Public Distribution Ministry of decline to a state of prosperity. Even in the midst
of the epidemic, the economy took a big leap, and
2,17,684.46 the GDP that had gone negative made a comeback,
registering a record jump in the "V-shape."
In reality, the Corona era has made the country
Road Transport & Highways Ministry and the rest of the world believe that only a
country that thinks outside the box and puts its
1,99,107.71 ideas into action can today lead the world. This
is why, during the Corona period, India disproved
all the fears and, as a result of its success, turned
Ministry of Home Affairs the self-reliance campaign into a movement.
The government played the role of guide and
1,85,776.55 accomplice in the change in India's global image
during the Corona period, whether it was the
construction of specialised hospitals in the war
Ministry of Railways against Corona or the initiative to lead India in the
manufacture of ventilators, N-95 masks, PPE kits,
1,40,367.13 and finally the vaccine. As a result, private-sector
entrepreneurs gained confidence and increased
their investments.
Ministry of Rural Development In the last few years, India has laid such a
1,38,203.63 cornerstone of all-round development, due to
which the world has started looking with hope
towards this democratic country. Initiatives like
multimodal infrastructure, favourable opportunities
Ministry of Chemicals and Fertilizers for investment, nutritious food for every citizen
from the POSHAN Mission and globalisation of
1,32,513.62 production through schemes like PLI have taken
steps towards making India self-reliant. As a result
of its strong leadership, India set a grand goal of
All Figures in Crore Rupees becoming a group of developed nations in the
next 25 years. Every year, the central government's
general budget moves forward, drawing a long-
Udyam, e-Shram, NCS and term blueprint.
ASEEM will be interlinked FROM DIGITAL AND TECHNOLOGY TO THE
ULTIMATE GOAL
The general budget is now completely paperless,
point in its history when it must redefine itself. The and digital technology has become the basis for
greatest disaster in the last century altered people's carrying out the government's resolutions. The
perceptions of the world, altered the way they worked significance of technology in the 21st century can
and thought, and gave birth to new innovations. This also be gauged by the fact that, for the first time in
provided world's youngest country India with the the country, the last person in line of society became
New India Samachar February 16-28, 2022 9