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Budget 2022 encompasses everything an 'aam aadmi' requires: Union minister Bhagwat Karad

Budget 2022 encompasses everything an 'aam aadmi' requires: Union minister Bhagwat Karad

India Today
Tuesday, February 01, 2022 09:55:05 PM UTC

Union Minister of State for Finance Bhagwat Karad called the Budget an 'aam aadmi budget' as it encompasses everything a common man needs.

Union Minister of State for Finance Bhagwat Karad on Tuesday hailed the Budget 2022 presentted by Finance Minister Nirmala Sitharaman, saying it belonged to the 'aam aadmi' or common man.

Speaking to India Today, Karad said, "The Budget is truly an aam aadmi budget. What does an aam aadmi need - housing, water supply, infrastructure, all these issues have been taken care of in the Budget."

Karad further said that this Budget was in favour of all sections of the society.

Read | Digital Rupee, infra push and MSP for farmers: Highlights of Union Budget 2022

"There are many who are asking why tax slabs were not changed. The idea behind the Budget was to build a strong foundation for the next 25 years. Our economy could sustain the pandemic because of its strong fundamentals."

On RBI's cryptocurrency and the government taxing virtual digital assets, Karad said, "Many citizens are earning through digital assets & the government will now tax that. As far as digital currency is concerned the RBI will launch its own digital currency this year."

"From farmers to infrastructure to education all issues have been covered under the budget. The government wants to make strides in the digital sphere and digital currency will give impetus to the drive," he added.

Read full story on India Today
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