Page 43 - Budget 2025 News
Budget 2022: Int'l arbitration centre to be set up at GIFT City, says FM
Finance Minister Nirmala Sitharaman on Tuesday announced that an international arbitration centre will be set up at GIFT City to provide faster dispute resolution.
 "Budget 2022: Int'l arbitration centre to be set up at GIFT City, says FM")
Digital Rupee proposed to be introduced by RBI from 2022-23: Sitharaman
Digital Rupee is proposed to be introduced by RBI using blockchain technology starting from 2022-23, Finance Minister Nirmala Sitharaman said on Tuesday.
 "Digital Rupee proposed to be introduced by RBI from 2022-23: Sitharaman")
Budget 2022: RBI to issue digital rupee using blockchain in FY23, says FM
The government has also decided to levy 30% tax, the highest tax band in India, on income arising out of digital assets, says FM Sitharaman
 "Budget 2022: RBI to issue digital rupee using blockchain in FY23, says FM")
Budget 2022: Sitharaman says RBI to launch digital cryptocurrency
India's central bank has voiced 'serious concerns' around private cryptocurrencies on the grounds that these may cause financial instability
 "Budget 2022: Sitharaman says RBI to launch digital cryptocurrency")
India to introduce new policy for battery swapping in clean mobility push
Shares of Indian battery makers Amara Raja Batteries and Exide Industries rose 2% after the announcement
 "India to introduce new policy for battery swapping in clean mobility push")
Data centre, energy storage system to be given infrastructure status: FM
Finance Minister Nirmala Sitharaman on Tuesday said data centre and energy storage system will be given infrastructure status to provide easy financing to the sector
 "Data centre, energy storage system to be given infrastructure status: FM")
Four pilot projects for coal gasification to be set up: Sitharaman
Gasification of coal is a process in which coal is partially oxidated by air, oxygen, steam or carbon dioxide under controlled conditions to produce a fuel gas
 "Four pilot projects for coal gasification to be set up: Sitharaman")
Spectrum auctions in 2022 to facilitate roll-out of 5G services: FM
The government will conduct a spectrum auction this year, which will facilitate the roll-out of 5G services by private telecom operators during the financial year 2022-23, Finance Minister said
 "Spectrum auctions in 2022 to facilitate roll-out of 5G services: FM")
FM proposes to issue sovereign green bonds to mobilise resources
Finance Minister Nirmala Sitharaman on Tuesday proposed to issue sovereign green bonds to mobilise resources as part of the government's borrowing programme
 "FM proposes to issue sovereign green bonds to mobilise resources")
FM Sitharaman proposes battery swapping policy for EV charging stations
She also announced the introduction of modern building by-laws
 "FM Sitharaman proposes battery swapping policy for EV charging stations")
Govt committed to reduce imports in defense sector: FM Sitharaman
The government is committed to reduce imports and promote self-reliance in the defence sector, Finance Minister Nirmala Sitharaman said on Tuesday
'Additional allocation of Rs 19,500 cr for solar modules under PLI scheme'
Finance Minister Nirmala Sitharaman on Tuesday said Rs 19,500 crore additional allocation under the PLI scheme for manufacturing high efficiency solar modules has been made
 "'Additional allocation of Rs 19,500 cr for solar modules under PLI scheme'")
Spectrum auction to be conducted for 5G rollout by 2022-23: Sitharaman
In her Union Budget 2022-23 speech, she also said voluntary exit for corporates will be cut down to 6 months from 2 years
 "Spectrum auction to be conducted for 5G rollout by 2022-23: Sitharaman")
Govt to promote Kisan Drones, chemical-free natural farming in 2022-23: FM
Presenting the Budget 2022-23 in Parliament, Sitharaman said the inclusive development is one of the four priorities of the government moving forward
 "Govt to promote Kisan Drones, chemical-free natural farming in 2022-23: FM")
PLI scheme may generate 6 million jobs in next 5 years: FM Sitharaman
Presenting the Union Budget 2022-23, her fourth budget to date, she said that the PLI schemes have received tremendous response
 "PLI scheme may generate 6 million jobs in next 5 years: FM Sitharaman")
100 PM Gati Shakti Cargo terminals to be developed in 3 years: FM
Finance Minister Nirmala Sitharaman on Tuesday said that 100 cargo terminals will be developed during the next three years under the PM Gati Shakti master plan.
 "100 PM Gati Shakti Cargo terminals to be developed in 3 years: FM")
Budget 2022: New scheme for North East to be launched, says FM Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday proposed to launch a new scheme PM Development Initiative for North East, to promote the growth of the region.
150,000 post offices in India to be connected to core banking system: FM
All 150,000 post offices will be connected to the core banking system that will enable people to access their account online and also transfer money within post office accounts and to other banks
 "150,000 post offices in India to be connected to core banking system: FM")
Natural farming will be promoted along Ganga river corridor: FM
In her Budget Speech 2022-23, she also informed that two lakh anganwadis will be upgraded for improving child health
 "Natural farming will be promoted along Ganga river corridor: FM")
Scheduled commercial banks to set up 75 digital banks in 75 districts: FM
Scheduled commercial banks will set up 75 digital banks in 75 districts to encourage digital payments, Finance Minister Nirmala Sitharaman said on Tuesday
 "Scheduled commercial banks to set up 75 digital banks in 75 districts: FM")
