In the Union Budget 2022-2023 speech, Finance Minister Nirmala Sitharaman said that the Budget for the next fiscal "will focus on amrit kaal."
In her speech, she said, "This Budget lays a futuristic 'amrit kaal' for women, youth and marginalised communities, big public investment for infrastructure guided by PM Gati Shakti, productivity enhancement, energy transition and climate action and financing of investments."
What is 'amrit kaal'?
Last year, during the 75th Independence Day celebrations, PM Modi had unveiled a new roadmap for the country for the next 25 years, and termed it as 'amrit kaal.' This is a reference to deriving the best in every field, making it imperative for everyone to make 'prayas' for this. He also added that the purpose of 'amrit kaal is to better the lives of citizens, lessen the developmental divide between villages and cities, and reduce government interference in public life. It also entails the development or acquisition of the latest technologies for the country.
"Minimum government and maximum governance, reduction of overlapping compliances will increase compliance - critical for ease of doing business in India. Trust-based governance is the planned theme during 'amrit kaal' of next 25 years – from India at 75 to India at 100,” Tapati Ghose, Partner, Deloitte India said.
"While India has made rapid strides, there should be a 'saturation' of development and 100 per cent accomplishments with every village having roads, every family having a bank account, every eligible person having health insurance, card and gas connection," Modi said.
Calling this period a "culmination of hard work, sacrifice and austerity," he said that this is a period of 25 years to get back what our society has lost in hundreds of years of slavery.
Where does the term 'amrit kaal' come from?
The term comes from vedic astrology, where 'amrit kaal' is a critical time slot where the gate of greater pleasure is opened for the inhuman, angels and human beings. It is considered to be the best and most auspicious time to start any new task.
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