Budget 2022 which seeks to lay the blueprint for the next 25 years for growth for India has been widely recognized by the business community as a growth and infrastructure-focused budget that will put the country on the right trajectory. In terms of performance, the government has done well in collecting tax revenues, keeping spending tight, and is now taking steps towards long-term fiscal stability. The key areas of attention are future income and employment-generating capex. Rs 317,643 CR.“This budget has restressed the Government’s policy of ‘Atmanirbhar bharat’ promoting make in India and reducing import dependence, especially in defence sector with a mandatory percentage on domestic procurement. The proposal on phasing out project import will certainly benefit Atmanirbhar Bharat .
