Union Budget 2022-23: On 1st February 2022, The Union Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman tabled the Union Budget 2022-23 in Parliament. The Union Budget seeks to complement macro-economic level growth with a focus on micro-economic level all-inclusive welfare. Entering Amrit Kaal, the 25 year long lead up to India @100 (Azadi […]
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Context : Union Finance Minister Nirmala Sitharaman in Budget Session 2021-22 announced an increase in Foreign Direct Investment (FDI) limit in the insurance sector from the existing 49% to 74%. Budget 2021-22 : Hike FDI cap in Insurance Key Points : • Finance Minister said, “We propose amend the Insurance Act, 1938 to increase the
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The Union Finance Minister Nirmala Sitharaman announced that government expected to spend Rs. 2,23,846 crore for Health and wellness Sectors i.e. more than 137% from last year health budget. Health and Wellbeing is one of the major pillar out of the 6 Pillars of the Union Budget 2021-22. 3 Focus Areas for Health : 1.
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