{"id":6724,"date":"2022-02-03T15:55:45","date_gmt":"2022-02-03T10:25:45","guid":{"rendered":"https:\/\/www.tickertape.in\/blog\/?p=6724"},"modified":"2022-02-03T15:55:46","modified_gmt":"2022-02-03T10:25:46","slug":"budget-2022-the-language-of-new-india","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/budget-2022-the-language-of-new-india\/","title":{"rendered":"Budget 2022 Speaks the Language of New India"},"content":{"rendered":"\n

This article is authored by Kanika Agarrwal. She has over 11 yrs of experience in finance and investing, having worked with companies including Mayfield India, Credit Suisse, and EY. At Mayfield, she focused on early-stage investing in sectors like enterprise tech and consumer internet. Kanika is a rank holder Chartered Accountant (All India Rank 18) and a CFA charter holder.<\/em><\/p>\n\n\n\n

The Finance Minister\u2019s (FM) speech was much shorter but far more impactful than her previous speeches. In FY 2019 and FY 2020<\/a>, she consecutively broke records for the longest budget speeches on record at 2.5 hours. This time, it was much shorter at 90 mins.<\/p>\n\n\n\n

This budget was great because it looks at the future. There were plenty of buzzwords – drones, blockchain, crypto, green energy<\/a>, EV charging initiatives, mental health, and startups. But it was more than just lip service as the FM\u2019s speech relays the government\u2019s willingness to work with and promote emerging sectors. The fact that the Finance Bill includes words like \u201cNon-Fungible Token\u201d means India is changing!<\/p>\n\n\n\n

Within infrastructure initiatives, the focus is on clean energy, 5G networks, logistics, and mass transport.<\/p>\n\n\n\n

In the words of the FM, it is a budget that lays the foundation for the next 25 yrs. We are very excited that the vision of India is a digital economy and modern infrastructure powered by clean energy (financed by Green Bonds!).<\/p>\n\n\n\n

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