FM allocates Rs 48, 000 crore for PM Awas Yojana

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FM Nirmala Sitharaman has announced Rs 48, 000 crore for PM Awas Yojana. In 2022-23, 80 lakh houses will be completed for identified beneficiaries of PM Awas Yojana; 60,000 houses will be identified as beneficiaries for PM Awas Yojana in rural & urban areas. In 2022-23, 80 lakh households will be identified for the affordable housing scheme.

68% of capital procurement budget to be earmarked for the domestic Defense industry. Private domestic industry to be encouraged to manufacture in collaboration with DRDO.

Animation, visual effects, gaming and comics sector offers immense potential to employ youth. An AVGC promotion task force with all stakeholders will be set up to recommend ways to realise this and build domestic capacity for serving our markets and the global demand.

Gati Shakti Master Plan for Expressways to be drawn up this financial year. 100 new cargo terminals to be built over the next three years.

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

Chemical-free natural farming to be promoted across the country. Farm procurement value for FY23 to be Rs 2.37 trillion.

Hospitality services by the small & medium sector are yet to bounce back, therefore, the government has decided to extend the ECGL service for this sector by March 2023 with an increased cover of Rs 50,000.

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