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Budget 2022-23: Announcement of special package for skill development and digital infrastructure possible, government’s emphasis will be on increasing production capacity

The government can take many big decisions in the direction of making the country a manufacturing hub. For this, a special package can be announced in the Budget 2022 for the upgradation of the industry and reskilling of the existing workforce.

Budget 2022-23

Union Finance Minister Nirmala Sitharaman (Finance Minister Nirmala Sitharaman) The country’s budget for the financial year 2022-23 on February 1 (Budget 2022-23) Will present The budget session of Parliament will begin on January 31 and end on April 8. The first phase of the budget session will continue till February 11. After this, after a month’s holiday, the second phase of the session will start from March 14 and will end on April 8. This information was given by the Lok Sabha Secretariat on Friday. Experts believe that skill development in this budget (Skill Development) But the government will have special attention. Along with this, the central government will also focus on digital infrastructure in the country. Not only this, the central government can also announce cheap loans for automation in this budget.

Possible announcement of special package for skill development and digital infrastructure

According to a report by CNBC Awaaz, the central government can announce a special package in this budget to promote skill development and digital infrastructure. It has been told in the report that the government can make many new announcements in the direction of increasing employment in the country and improving the existing workforce.

Big decisions can be taken towards making the country a manufacturing hub

The government can take many big decisions in the direction of making the country a manufacturing hub. For this, a special package can be announced in the Budget 2022 for the upgradation of the industry and reskilling of the existing workforce. According to the report, the central government can also announce cheap loans for strengthening digital infrastructure, automation etc. Not only this, to increase employment in the country, the government can also announce tax exemption to investors.

Emphasis on increasing the production capacity of the industry

The effort of the Central Government is to increase the production capacity by removing the shortcomings in the industry. For this, the government has a special focus on the labor incentive sector. In this too, there is a special focus of the government especially on logistics, healthcare, textile etc. The government is also making many efforts to simplify the rules and regulations made for recruitment in the industry.

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Shehnaz Ali
Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
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