A statement put forth by the activists stated that the budget preparation process should be intersectional and decentralised, starting from urban and rural local bodies.
Dr. Mitra, speaking to the media recently, had said that the budget has nothing to offer for ‘Atamnirbharta’ or addressing poverty and unemployment.
The budgetary allocations for the Fund of Funds for Startups stood at Rs 1,000 crore.
The decision was taken at a meeting of ministers and top bureaucrats chaired by Chief Minister Shivraj Singh Chouhan on Wednesday.
The Union Budget 2022-23, with higher allocation to infrastructure, is likely to provide a boost to the ongoing economic recovery through a sharp increase in capex spending.
Revenue Secretary Tarun Bajaj said gains from cryptocurrencies were always taxable and what the Budget proposed is not a new tax but providing certainty over the issue.
Finance Minister Nirmala Sitharaman provided additional Rs 19,500 crore for the production-linked incentive (PLI) scheme for solar cells and modules manufacturing domestically.
The capex spending of Rs 1.11 lakh crore in 2022-23 compares with a revised estimate of Rs 1.04 lakh crore for the current fiscal year that ends in March, according to Union budget documents.
Finance Minister Nirmala Sitharaman in her Budget Speech proposed to replace the existing law governing SEZs with a new legislation to enable states to become partners.
Finance Minister Nirmala Sitharaman in her Budget speech said that to incentivise exports, exemptions are being provided on items.
Duty on capital goods and project imports was rationalised by phasing out concessional rates and applying a moderate tariff of 7.5 per cent.
Sitharaman's Rs 39.45 lakh crore Budget details higher spending on highways to affordable housing to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic.
Modi also said migration from border villages is not good for national security and the budget has provisions to develop 'vibrant villages' on the border.
Delhi Chief Minister Arvind Kejriwal said that the Union Budget for 2022-23 has nothing for the citizens.
Quoting from the Budget, the Union Railway Minister said India’s indigenous world-class security technology 'Kawach' would be used on 2,000 km rail route initially.