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Union Budget 2022: Check What Gets Costlier & What Becomes Cheaper

Union Budget 2022-23: In this article we have compiled a list of things that gets costlier & cheaper after the budget.

M Kanika
Budget 2022: Know What Gets Costlier & What Gets Cheaper
Budget 2022: Know What Gets Costlier & What Cheaper

Union Budget 2022-23: The Union Budget has finally been released. The Union Budget 2022 was presented by Finance Minister Nirmala Sitharaman on Tuesday, February 1. In its second term, the Narendra Modi-led BJP administration released its fourth budget. It should also be deemed unique because it was delivered in the midst of a pandemic.

Nirmala Sitharaman Presented Through Digital Form By Using Made-In-India-Tablet

Like previous year, this year's budget was one-of-a-kind. The finance minister delivered a paperless Budget address using a Made in India tablet, instead of the traditional 'Bahi Khata' ritual.

Infrastructure Emerged As Top-Priority

On April 1, 2022, the fiscal year will begin. Infrastructure was named as the main priority in the announcement, followed by Healthcare and Education. The necessity of digital activities such as e-bills, e-vehicles, and e-vidya was also highlighted in the budget for 2022.

Budget For 2022-23 To Lay Foundation For Economic Growth

As Asia's third-largest economy rebounds from a pandemic-induced downturn, the budget for 2022-23 will build the groundwork for economic development through public investment.

After declining 7.3 percent, the previous year, the Indian economy is predicted to rise 9.2 percent in the fiscal year that ends in March.

Union Budget 2022: Things Got Cheaper

  • Mobile Phones

  • Clothes

  • Mobile Phone Chargers

  • Steel Scraps

  • Leather Goods

  • Frozen Squids

  • Diamonds

  • Gemstones

  • Asafoetida

  • Cocoa Beans

  • Methyl Alcohol

  • Frozen Mussels

  • Acetic Acid

  • Camera Lens

Union Budget 2022: Things Got Costlier

  • Smart Meters

  • Solar Modules

  • X-ray Machines

  • Parts of Electronic Toys

  • Duty on Umbrellas Increased

  • Solar Cells

  • Single or Multiple Loudspeakers

  • Headphones & Earphones

  • Custom Duty on Imitation Jewellery Raised to Discourage Their Imports.

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