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FISCAL DEFICIT FOR FY22 IN LINE WITH ESTIMATES R

Revised fiscal deficit for FY22 at 6.9% as compared to budget estimates of 6.8%, Slippage in line with estimates

SECTOR : Banking & Economy

INCREASED SPENDING FOR FY22 & FY23.

Total expenditure for FY22 will be higher by 6.5% as compared to Budget estimates at Rs. 34.8 lakh Cr. Budgeted spending for FY23 at Rs. 39.5 lakh Cr, an increase of 6.4% over FY22RE

SECTOR : Economy

INCREASED ALLOCATION TO CAPITAL EXPENDITURE

Significant increase in capital outlay by 35.4% YoY to Rs. 75 lakh Cr. for FY23 

SECTOR : Infrastructure & Capital Goods

* PLIIN SOLAR PV MODULE MANUFACTURING

Additional allocation of Rs 19.500 Cr for PLI in Solar PV Module Manufacturing

SECTOR : Renewable Energy

* ALLOCATION FOR AFFORDABLE HOUSING

Rs. 48,000 Cr will be allocated in FY23 for housing projects, 80 Lakhs home will be built

SECTOR : Real Estate

* ALLOCATION FOR DRINKING / TAP WATER

Rs 60,000 Cr allocated to cover 3.8Cr households for tap water

SECTOR : Pipe Manufacturers

ANNOUNCEMENT FOR ROAD SECTOR 

The National Highway network will be expanded by 25,000 kms in 2022-23

SECTOR : Road Construction

* 100 CARGO TERMINAL

100 Gat Shakti Cargo terminals to be developed in the next 3 years

SECTOR : Logistics

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