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Home National & International

Budget 2022: Creation of 60 lakh jobs next target of government

Lagatar News by Lagatar News
February 1, 2022
in National & International
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Lagatar24 Desk

New Delhi, Feb 1: Presenting the Union Budget 2022, Finance Minister Nirmala Sitharaman said on Tuesday that the next target of the government is to create 60 lakh jobs in the country.

“PM Gati Shakti will pull forward the economy and will lead to more jobs and opportunities for the youth,” she said.

“PM Gati Shakti Master Plan for Expressways to be formulated in 2022-23, to facilitate faster movement of people and goods. NH network to be expanded by 25,000 km in 2022-23. Rs. 20,000 crores to be mobilized to complement public resources,” she added.

“Production Linked Incentive (PLI) Scheme for achieving Aatmanirbhar Bharat has received an excellent response, with potential to create 60 lakh new jobs and additional production of 30 lakh crore during next Keycap digit five years,” she further added.

Notably, Finance Minister Nirmala Sitharaman is presenting her fourth budget, with the goal of keeping India’s status as the world’s fastest-growing economy.

The budget is released just days before the first round of voting in Uttar Pradesh, which will be joined by four other states in electing a new state administration.

The Indian economy is expected to grow 9.2% in the fiscal year that ends in March, after contracting by 7.3 percent the previous fiscal year.

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