NEW DELHI: Nirmala Sitharaman, Minister of Finance, Government of India announced the Union Budget 2022-23 on Tuesday, February 1. The budget included specs of how India is on the path of building an inclusive master plan which would revamp the growth of nation’s urban development.
Amrit Kaal
Prime Minister Narender Modi in his Independence Day speech addressed the central government’s vision for the next 25 years as India approaches 100 years of independence. Sitharaman elaborated that the government hopes to accomplish the vision by:
Enhanced connectivity and urban mobility
Capacity building and skill development
Upgraded education quality
The pandemic forced the children, mostly in government schools, to lose out on almost 2 years of formal education. To provide supplementary education in regional languages for classes 1-12, the ‘one class-one TV channel’ programme of PM eVIDYA will be expanded from 12 to 200 TV channels. Sitharaman also stated that the Government of India will be set up 750 virtual labs in science and mathematics, 75 skilling e-labs to promote critical thinking skills in vocational courses.
Gender inclusivity
The Har Ghar, Nal Se Jal scheme will receive Rs 60,000 crore in funding, with the goal of reaching 3.8 crore households by 2022-23.
Housing for all
In 2022-23, 80 lakh dwellings would be built for the PM Awas Yojana’s identified eligible participants, both rural and urban. A total of Rs 48,000 crore has been set aside for this purpose.
Expanding city horizons
Sitharaman forecasted that over half of the population would be inhabiting the urban landscape. She emphasised that an orderly urban development is critical to actualising India’s economic potential. “There is a need to reimagine the cities that centre sustainable living with equal opportunities for the demographic dividend,” she stated.
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