Union budget aims to bridge gap created by education loss during pandemic: FM

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(IANS): The Union Budget 2022-23 has been presented with a vision for next 20-25 years for the country, Union Minister for Finance and Corporate Affairs Nirmala Sitharaman said here on Monday.

Participating in a post-Budget interaction with the Trade and Industry here, the minister said that this year’s Union budget stands for continuity and gives an impetus for investment on infrastructure.

The interactive session was attended by members of the Industry and Trade Associations and covered an array of issues in key sectors of the economy as well as the nuances of the tax

policy. The discussions touched upon topics relating to sectors including automobile, hospitality, banking & finance, health care, MSME, Information Technology and steel industry.

“The budget stresses upon use of technology and digitisation of economy along with strengthening the support system in healthcare post Covid,” she said.

The minister said that this Budget has given thought to help children in bridging the gap that has widened due to education loss during the pandemic.

“The loss of education faced by the children over the past two years has been addressed in 2022-23 Union budget to bridge that gap,” she said.

While underlining the importance of synergy among various government departments, she said: “Hon’ble Prime Minister’s Gati Shakti plan is an umbrella for several projects of different departments and envisages states’ participatory role leading to synergy and a multiplier effect especially in infrastructure.”

Union Ministers of State for Finance Pankaj Choudhary, Dr Baghwat Kishanrao Karad, Finance Secretary T.V. Somanathan, Revenue Secretary Tarun Bajaj, and other senior officers of the Ministry of Finance were also present on the occasion.

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Arushi Sana
Arushi Sana is the Co-Founder of Santerra Living, a bio-pellet factory that makes a renewable form of eco-coal and Co-Founder of NYK Daily, a global news platform. She was awarded the Times Power Women of the Year 2022, Times Digital Entrepreneur of the Year 2023, Silicon India's Top 10 Women Owned Startups of Hyderabad 2023 and IHW Council Climate Health Influencer 2024. Arushi is also a speaker for Sustainability and Entrepreneurship at various forms like the World Bank, UN International Solar Alliance and Universities, and was also invited to the UN COP28 UAE Climate Conference. She is a Sustainability Consultant for organisations looking to reduce their carbon footprint and also works with brands on social media to help them carve a presence in that niche. She holds a Degree in Computer Science Engineering from VIT University and a Diploma in Marketing Analytics from IIM Nagpur. She has previously worked in Ernst & Young and Deloitte as a Forensic Data Analyst. Arushi is a writer, political researcher, a social worker, a farmer and a singer with an interest in languages. Travel and nature are the biggest spiritual getaways for her, and she aims to develop a global community of knowledge and journalism par excellence through this News Platform.

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