Page 16 - NIS English 16-28 Feb 2022

Union Budget | Infrastructure

GOAL OF OVERALL WELFARE

IN THE AMRIT KAAL

In the general budget, the government reflects its commitment to
building a strong India on the completion of 100 years of independence,
even while dealing with one of the worst disasters of the century.
It emphasises investment, new facilities for village poor farmers,
women, youth, and students, technology-based development, and 03
digital and technological development. Although this is not a populist
announcement, it does promise a new India with forward-thinking
policies.
PM GATI SHAKTI: 7 ENGINES OF PROGRESS 02

01 04

05 06

07

f India resolved to walk the path of self-reliance INCREASE IN CAPITAL
in last year's budget, then a glimpse of how India
Iwill be after 100 years of independence can be EXPENDITURE BY MORE
seen in this year's general budget. The manner in THAN 35%.
which the country's economy is recovering from
the pandemic's negative effects, as a whole, has
shown our country's strength. For the first time, things. It will spend more money to improve and
the public capital expenditure increased sharply promote research, technology, and the service
by 35.4 per cent to 7.50 lakh crore in 2022- sector, among other things. This will necessitate
23 from ₹ 5.54 lakh crore,in 2021-22. Such a a significant investment. Foreign investment will
significant increase implies that the government be encouraged, and incentives will be provided.
will spend more money on infrastructure related Naturally, as the flow of capital increases,
to rail, road, air, and waterways, among other economic activity rises, industries thrive, and

14 New India Samachar February 16-28, 2022