2022-02-01 10:18:33
Key Highlights of Budget Speech 1) In 2022-23, states will be allowed fiscal deficit of up to 4 pc of GSDP
2) Rs 1 trillion financial assistance to states to be provided in 2022-23 to catalyse investments
3) Proposed to introduce Digital Rupee by RBI using blockchain technology, starting 2022-23
4) Measures will be taken to step up private capital in infra sector
5) PE/VC invested Rs 5.5 trillion in start-up, expert committee will be set up to suggest measures to help attract investment
6) Data centre and energy storage system to be given infrastructure status; move to provide easy financing
7) International arbitration centre will be set up in GIFT city to provide faster dispute resolution
8) World-class university to be allowed in GIFT IFSC free from domestic regulation
9) Sovereign green bonds to be issued to mobilise resources as part of govt's borrowing programme
10) Public investment must take lead to pump prime private investment and support demand
11) Financial support will be provided to farmers to take up agro-forestry
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