National News

Union Budget 2022-23 to be presented in paperless form on Feb 1

The Union Budget 2022-23 is to be presented by the Union Finance & Corporate Affairs Minister Nirmala Sitharaman on February 1 in paperless form

PSU Watch Bureau

New Delhi: The Union Budget 2022-23 is to be presented by the Union Finance & Corporate Affairs Minister Nirmala Sitharaman on February 1 in paperless form. To mark the final stage of the Union Budget making process, sweets were provided to the core staff due to undergo "lock-in" at their workplaces, instead of a customary Halwa ceremony every year in view of the prevailing pandemic situation and the need to observe health safety protocols.

To maintain the secrecy of the Budget, there is a "lock-in" of the officials involved in making the budget. Budget Press, situated inside North Block, houses all officials in the period leading up to the presentation of the Union Budget. These officers and staff will come in contact with their near and dear ones only after the budget is presented by the Union Finance Minister in the Parliament.

In a historic move, the Union Budget of 2021-22 was delivered in paperless form for the first time. A "Union Budget Mobile App" was also launched for hassle-free access of Budget documents by Members of Parliament (MPs) and the general public. The Union Budget 2022-23 would also be available on the Mobile App after the process of Budget presentation has been completed on 1st February 2022 in the Parliament.

The mobile App allows complete access to 14 Union Budget documents, including the Budget Speech, Annual Financial Statement (commonly known as Budget), Demand for Grants (DG), Finance Bill etc. as prescribed by the Constitution. The mobile app is bilingual (English & Hindi) and is available on both Android and iOS platforms.

The App can also be downloaded from the Union Budget Web Portal (www.indiabudget.gov.in). The budget documents will also be available for download by the general public on Union Budget Web Portal (www.indiabudget.gov.in).

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Budget 2026–27: FM unveils multi-sector push covering manufacturing, logistics, tax reforms and healthcare

FM proposes incentives of Rs 100 crore for single bond issuance by municipal corporations

GAIL reports net profit of Rs 5,706 crore for nine months of FY'26

Leadership Transition at HSL: Cmde Girideep Singh, superannuates; Capt. Ganti Venkateswarlu assumes additional charge as C&MD

NALCO posts record Rs 1,601 crore net profit in Q3 FY26; nine-month profit touches all-time high of Rs 4,098 crore