Budget 2022: Nirmala Sitharaman says govt focus is to steer economy for 25 years

Union Budget 2022: Finance Minister Nirmala Sitharaman says the budget will focus on 4 pillars - productivity, climate action, financing investments & PM Gati Shakti plan.

Here the salient points of her speech:

• Metro systems to be built with an innovative way of financing. The design of metro systems will be as per Indian condition needs.

• FM Announces PM Gati Shakti Master Plan For Expressways Under the plan, national highways network will be expanded by 25,000 kilometres in FY23, Nirmala Sitharaman said.

• The plan will facilitate faster movement of people and goods. Rs 20,000 crore will be mobilised through innovative ways of financing to compliment the public resources.

• 2,000 kms of road will be brought under new scheme called 'kavach'. 100 new cargo terminals to be developed in next 3 years

• Railway projects will be developed for MSMEs and small farmers