The Silhouette of Budget 2022

SILHOUETTE OF BUDGET 2022

From Coinage to Digital maze
The Union Budget twenty-two postulates;
Deafening the resonation of Cryptocurrencies,
Imposing 30% tax on its earned monies,
Neither Traders nor Recipients are immunized,
As the offset ‘to any’ has faced rejection in Budget’s memoir.
Virtual Digital assets is now a distant dream,
Until the legislation regulating the crypto,
Marks it “Presence” from being an “Absent” teen;
But, withstanding the Finance 2022 bill,
Central Bank to release Indian Digital Currency
In early twenty-three’.

The hearth for Telecom
And Union Budget twenty-two, a paragon;
Swivelling the pages of the Economic Survey,
Budget twenty-two unveiled the foibles in Telecom,
This resulted in the reasoning for,
Boosting 4G, infusing liquidity and
Investing into 5G domes.
Roll Calls for 5Gs in Auctions’ to be holloed,
And ‘Production Linked Incentive’,
A new scheme to be launched,
For 5G services last for beyond.
Then mighty Universal Obligation Fund rescued the rural,
Allocating the 5% of annual collections
For broadband and mobile services proliferation.

Concocting the transport connectivity
The Union Budget twenty-two’s motivity—
Enabling the digital platform,
Tracking the Infrastructure projects perform,
Under PM Gati Shakti Plan, the budget enfolds.
The development to reach its goal,
Collaboration with National Infrastructure Pipeline in whole,
To accelerate the logistical synergy at all modes.
The baffling railways running the Lorries with load,
But the budget book delineates,
One Station-One Product concept
Maintaining logistics under control.

Ease of Doing Business is tabled
And Union Budget twenty-two will enable—
Budget of Over INR 6,000 crores has increased,
Emergency Credit Line to MSME
In Hospitality Sector have now released,
Under budgetary of Five Lakh Crore Scheme.
Revamped the Credit Guarantee Trust for Micro and Small Enterprises Scheme
And infused it with the credit of 2 lakh crore.
The Raising and Accelerating MSME Performance
Allocated with Rs. 6,000 crore over 5 years                                            
To mobilize financial and competitive peers.

Acceleration of environment-friendly electric vehicles,
Fuelled by Union Budget twenty-two’s bottle;
Public Transport through sustainable technology,
Mobility Zones, Zero fossil fuels is the budget’s policy,
Setting up charging stations for electric vehicles was a concern,
But ‘Battery Swapping Policy’ will make it overturn.
The private sector to gear up,
Making the adoption of Electric vehicles’ a success.

The digital infrastructure to grow
Union Budget twenty-two will ensure;
Data centres and energy storage systems will be added soon,
And the infrastructure sectors will get attuned.
The Draft Data Centre Policy, 2020 was being reminisced,
As budget expects to accord Infrastructure status to data centre industry
From April twenty-two onwards.

The theory of ‘Health is Wealth’ is secured,
When Union Budget twenty-two prescribes;
For National Digital Health Ecosystem
To lure the digital access to health facilities.
A ‘National Tele Mental Health Programme’ will lead off
And mental health issues to bygone.
Drones, a Sunrise sector, as identified
By Union Budget twenty-two’s detector;
Start-ups to promote ‘Drone Shakti’ and ‘Done-As-A-Service’,
And employing ‘Kisan Drones’, as farmers tools, for farming.

Tax Incentives to include Start-ups,
And the Union Budget twenty-two to set-up
An expert committee to address the regulatory issues
Of venture capitalists’ and private equity investors.
Online gaming to be in the budget’s pool,
A proposal to set up animation, visual effects, gaming and comic (AVGC) sector,
Employing Young Indians, a new boon.

But, the Union Budget twenty-two was not meant
For middle class and poor men.
Who searches for a combination of tax breaks and cash handouts,
In the budget’s route.
To this end a durable momentum of the economy
Is still under-recovery,
Cause COVID pandemic has caused huge misery.