Budget 2022: How Union Budget Growth Is Shrinking

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During the first wave of the pandemic in May 2020, the Finance Ministry had declared a ₹20 lakh crore ‘economic package’, which failed to show much effect on the ground. Jobs were lost on a big scale, hundreds of MSME’s were forced to close down, traders committed suicide, but after all that, what became of the ‘economic package’ remains a mystery and no concrete information is available. It was hoped that in the 2021-22 Budget the government would present its ‘report card’ on how far the package was successful in its aims, but the amount set aside for it found no mention in the Budget at all. A trader in Pune filed an RTI with the Central government in this regard.


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