endeavors going forward.
Resilience amidst multiple crises
G20 Presidency: Steering the global agenda through challenges
6. In these times of global challenges, the G20 Presidency gives us a
unique opportunity to strengthen India’s role in the world economic order.
With the theme of ‘Vasudhaiva Kutumbakam’, we are steering an
ambitious, people-centric agenda to address global challenges, and to
facilitate sustainable economic development.
Achievements since 2014: Leaving no one behind
7. The government’s efforts since 2014 have ensured for all citizens a
better quality of living and a life of dignity. The per capita income has more
than doubled to ` 1.97 lakh.
8. In these nine years, the Indian economy has increased in size from
being 10th to 5th largest in the world. We have significantly improved our
position as a well-governed and innovative country with a conducive
environment for business as reflected in several global indices. We have
made significant progress in many Sustainable Development Goals.
9. The economy has become a lot more formalised as reflected in the
EPFO membership more than doubling to 27 crore, and 7,400 crore digital
payments of ` 126 lakh crore through UPI in 2022.
10. The efficient implementation of many schemes, with
universalisation of targeted benefits, has resulted in inclusive development.
Some of the schemes are:
i. 11.7 crore household toilets under Swachh Bharat Mission,
ii. 9.6 crore LPG connections under Ujjawala,
iii. 220 crore Covid vaccination of 102 crore persons,
iv. 47.8 crore PM Jan Dhan bank accounts,
v. Insurance cover for 44.6 crore persons under PM Suraksha
Bima and PM Jeevan Jyoti Yojana, and
vi. Cash transfer of ` 2.2 lakh crore to over 11.4 crore farmers
under PM Kisan Samman Nidhi.
Vision for Amrit Kaal – an empowered and inclusive economy
11. Our vision for the Amrit Kaal includes technology-driven and
4) Green Growth: We are implementing many programmes for green
fuel, green energy, green farming, green mobility, green buildings,
and green equipment, and policies for efficient use of energy across
various economic sectors. These green growth efforts help in
reducing carbon intensity of the economy and provides for large-
scale green job opportunities.
Priorities of this Budget
14. The Budget adopts the following seven priorities. They complement
each other and act as the ‘Saptarishi’ guiding us through the Amrit Kaal.
1) Inclusive Development
2) Reaching the Last Mile
3) Infrastructure and Investment
4) Unleashing the Potential
5) Green Growth
6) Youth Power
7) Financial Sector