General Budget 2022-23 to boost economic activities, create jobs, and help India transition to a digital economy

“A number of measures have been introduced in the country’s General Budget 2022-23 to boost economic activities, create jobs, and help India transition to a digital economy. Through the use of emerging technologies, the budget focuses on promoting technology-enhanced development, energy and climate action, trust-based governance, upskilling and digital education. Through online training, industry collaborations, and the establishment of a simulated learning environment using e-labs, the government is focusing on developing avenues for digital skills, sustainability, and employability.

The importance of 5G technology for growth and development in the country was also emphasized. The provision of broadband and mobile services in rural and remote areas of the country by allocating 5 percent of the annual collections under the universal service obligations fund is highly commendable.”