Union Budget 2022: These figures are remarkable

With only a short time left for the presentation of the Union Budget, let us see what the crucial figures in this Budget will be.

Kovid Expenditure: The country is looking at the amount of vaccination allocated for the current financial year and the coming financial year. In the current financial year, Rs 35,000 crore has been earmarked for vaccine distribution.

Fiscal Deficit: This is the difference between the total expenditure of the government and the total revenue excluding loans. The fiscal deficit for 2022-23 is remarkable.

Stock sale / privatization: The share sale target envisioned in the Union Budget has not yet been fully achieved. It is enough to look at these figures to see how fast the privatization process will go.

Capital Expenditure: This is the cost of creating assets. Capital Expenditure (Expenditure on development projects) may increase in the next financial year as there may be more emphasis on infrastructure development.

Tax revenue: While the Economic Survey predicts that the country will achieve a growth rate of 8-8.5 per cent in the next financial year, the government’s expectations on tax revenue will be significant.

Capital inflows: How much money does the government borrow from inside and outside the country? It is also a market-looking figure. Growth is possible only if the Center invests heavily in capital. It is also a factor influencing the market.