Union Finance Minister Nirmala Sitharaman began her budget presentation for 2022-23 and expressed her sympathy for those who suffered due to the Covid-19 pandemic. She mentioned that India’s economic growth in the current year is estimated to be at 9.2 per cent, which is the highest among all large economies. She said we are in the middle of an omicron wave with high incidents but milder symptoms. The speed and coverage of our vaccination campaign have significantly helped; with an accelerated improvement of health infrastructure in the last two years, we are in a solid position to withstand challenges, Sitharaman said.

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I am confident with ‘Sabka Prayaas’, we will continue our journey with solid growth. We are marking Azadi ka Amrit Mahotsav, the 25 years leading up to India@100. By achieving specific goals, PM Modi‘s government aims to complement the macro-growth with micro-all-inclusive welfare, digital economy and fintech, tech-enabled development, energy transition and climate action. We also have programmes for ensuring financial inclusion and direct benefit transfers. We are committed to strengthening the abilities of the poor to tap all opportunities, Sitharaman added.