(LiveMint)
Finance Minister Nirmala Sitharaman is presenting her fourth Union Budget in Parliament. Union Budget 2022 comes at a crucial juncture for the public and policymakers alike for the following reasons:
1) upcoming elections in five states,
2) looming omicron threat,
3) nascent economic recovery, and
4) key numbers like fiscal deficit, tax collection, and spending outlook.
Prime Minister Narendra Modi-led govt expects to lead the world in economic growth this year in a post-pandemic bounceback, according to Economic Survey 2022.