Key highlights of Budget speech* In 2022-23,... ... Budget 2022 Live Updates: Modi hails Nirmala Sitharaman for a people-friendly and progressive Budget

Key highlights of Budget speech

* In 2022-23, states will be allowed fiscal deficit of up to 4 pc of GSDP

* Rs 1 trillion financial assistance to states to be provided in 2022-23 to catalyse investments

* Proposed to introduce Digital Rupee by RBI using blockchain technology, starting 2022-23

* Measures will be taken to step up private capital in infra sector

* PE/VC invested Rs 5.5 trillion in start-up, expert committee will be set up to suggest measures to help attract investment

* Data centre and energy storage system to be given infrastructure status; move to provide easy financing

* International arbitration centre will be set up in GIFT city to provide faster dispute resolution

* World-class university to be allowed in GIFT IFSC free from domestic regulation

* Sovereign green bonds to be issued to mobilise resources as part of govt's borrowing programme

* Public investment must take lead to pump prime private investment and support demand

* Financial support will be provided to farmers to take up agro-forestry

Update: 2022-02-01 07:28 GMT

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