Union Budget 2022 Highlights

Union Budget 2022 Highlights

Union Budget 2022 Highlights

The Union Budget is  annual report of government which contains the data of  revenue and expenditure made  for the particular fiscal year, starts  from 1 st April to 31 of March The Union Budget consists  of all the records of the revenues collected from all sources and expenses of all activities are aggregated  It also contains estimates for the next fiscal year. 
Union Finance Minister Nirmala Sitharaman is expected to announce Union Budget 2022 on February 1 and  will be  Finance Minister Nirmala Sitharaman fourth Budget after 2019, 2020 and 2021 this will be preceded by a virtual meeting of the Rajya Sabha floor leaders, ahead of the budget session of the Parliament, will be held on 31st  January 2022.

Before 2016, the Budget was presented on the last working day of February as India followed a colonial-era tradition of presenting the Union budget on the last working day.However now it's  changed and budget is  presented on the first day of February every year.

The presentation of a Union Budget speech runs normaly from 90 minutes to 120 minutes on an average. 
As per data is concerened previous longest Union Budget Speech was delivered by Minister Jaswant Singh of 135 minutes. The shortest speech was delivered  by Hirubhai M Patel of  800 words.


Conclusion

Budget 2022 clearly focuses on boosting capital spending to growth and revival of the economy after the worst hit of  pandemic Budget 2022 is expected to  create a positive buzz in the market can help the economy to bounce back.

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