Union minister of finance Nirmala Sitharaman will launch the electronic bill (e-Bill) processing system under the Digital India eco-system and easy doing business. This e-governance initiative was announced within the Budget 2022-23 by Sitharaman. Across all departments and central ministries, the e- Bill system is implemented. Implementing this technique will help in enhancing efficiency, transparency, and a paperless-faceless payment system. Through this technique, contractors and suppliers can submit their claims online and it'll be trackable on a real-time basis. The launch of this electronic bill (e-Bill) processing system will happen in the capital of India as a part of the 46th Civil Accounts Day celebrations. About Electronic Billing Electronic billing also refe...
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Union Budget 2022: Check Out Announcements Made For Farmer; Clean Water In 80 Lakh Houses
Finance minister Nirmala Sitharaman presented the country's budget today, in which she made several important announcements related to farmers. She made many important announcements for the farmers while presenting the budget. She talked about promoting organic farming and chemical-free farming. Along with the assessment of the farmers' field, drone technology will be used for nutrient and pesticide spraying. She said that while protecting the Rabi and Kharif crops of the farmers in 2021-22, MSP of Rs 2.37 lakh crore will be transferred to the accounts of the farmers. Let us know what announcements were made in this budget for the farmers. Announcement For Farmers • Record shopping will be done at MSP. MSP of Rs 2.37 lakh crore will be transferred to the accounts of the farme...
Read MoreNirmala Sitharaman Presents Union Budget For 2022-23, Know Highlights
Finance minister Nirmala Sitharaman has presented the Union budget for 2022-23 on Tuesday. During this, she said this budget encourages development. She said, since 2014, our government is engaged in empowering the poor and marginalised people. Nirmala Sitharaman announced that the government will emphasise on organic farming. Apart from this, 60 thousand more houses will be built this year under PM Awas Yojana. Along with this, the government will give employment to 60 lakh people. Let's know the big announcements of Nirmala Sitharaman .. Budget highlights Corona is battling with the waves. But our economy is booming. 2. India's economic growth is estimated to be 9.2% in the coming financial year 3. LIC's IPO is expected soon. 4. 25-year foundation budget 60 lakh new...
Read MoreDomestic consumption, which accounts for 55 per cent of GDP, has decreased during the financial year 2020-21 in the country. According to a report, the need for some measures has been mentioned in the upcoming general budget. The report suggested some stringent measures to mitigate the losses by focusing on income and job-generating measures in the near term while emphasising a softer fiscal policy. Citing the latest estimates of the National Statistics Office on Gross Domestic Product (GDP). for the current financial year, CRISIL in a report on Tuesday said that domestic consumption in the current fiscal is 3% points lower than the level of the previous fiscal. This is the worst performance on the expenditure-side of GDP since the pandemic. Emphasising the importance o...
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