<p>The RSS on Tuesday hailed the budget as "well-balanced" which was needed for post-Covid recovery while its affiliate Swadeshi Jagran Manch suggested that after taxing cryptocurrency, the government should move towards banning it.</p>.<p>Senior RSS functionary Ram Madhav said a 'Digital Budget' has been announced by rolling out of 5G and taxing digital assets.</p>.<p>He also praised Finance Minister Nirmala Sitharaman for overcoming naysayers and announcing the Reserve Bank India will introduce a digital rupee to boost the digital economy and for better currency management.</p>.<p><strong>Also Read: <a href="https://www.deccanherald.com/business/union-budget/budget-2022-and-startups-welcome-push-but-india-needs-more-1077045.html" target="_blank">Budget 2022 and startups: Welcome push, but India needs more </a></strong></p>.<p>"The budget has also announced support to the states by way of the availability of advances to the tune of Rs 1 lakh crore that will help states in racing ahead with the Centre," Madhav said.</p>.<p>"Overcoming the temptation of a 'popular' budget in election season, the finance minister comes out with a well-balanced budget strongly needed for post-Covid recovery giving a much-needed boost to infrastructure, healthcare and MSME sectors," he said.</p>.<p>Similar sentiments were echoed by RSS-affiliate Swadeshi Jagran Manch, with its co-convener Ashwani Mahajan praising the government for focussing more on domestic investment rather than prioritising only on foreign direct investment (FDI).</p>.<p>"It is good to see that there is not much mention of FDI in the finance minister's speech and the government has taken much-needed steps for rationalising the policies for domestic investors," he said.</p>.<p>About cryptocurrency, Mahajan said, "Taxing it is a welcome step and now the government should move towards banning it. The decision to come up with digital currency issued by RBI is also praiseworthy."</p>.<p>In her Budget Speech, Sitharaman has proposed the tax on income generated at the sale of any digital asset without any deductions, amid a growing proliferation of assets like Bitcoin even as the regulatory structure on them remains unclear. </p>.<p><strong>Watch the latest DH Videos here:</strong></p>
<p>The RSS on Tuesday hailed the budget as "well-balanced" which was needed for post-Covid recovery while its affiliate Swadeshi Jagran Manch suggested that after taxing cryptocurrency, the government should move towards banning it.</p>.<p>Senior RSS functionary Ram Madhav said a 'Digital Budget' has been announced by rolling out of 5G and taxing digital assets.</p>.<p>He also praised Finance Minister Nirmala Sitharaman for overcoming naysayers and announcing the Reserve Bank India will introduce a digital rupee to boost the digital economy and for better currency management.</p>.<p><strong>Also Read: <a href="https://www.deccanherald.com/business/union-budget/budget-2022-and-startups-welcome-push-but-india-needs-more-1077045.html" target="_blank">Budget 2022 and startups: Welcome push, but India needs more </a></strong></p>.<p>"The budget has also announced support to the states by way of the availability of advances to the tune of Rs 1 lakh crore that will help states in racing ahead with the Centre," Madhav said.</p>.<p>"Overcoming the temptation of a 'popular' budget in election season, the finance minister comes out with a well-balanced budget strongly needed for post-Covid recovery giving a much-needed boost to infrastructure, healthcare and MSME sectors," he said.</p>.<p>Similar sentiments were echoed by RSS-affiliate Swadeshi Jagran Manch, with its co-convener Ashwani Mahajan praising the government for focussing more on domestic investment rather than prioritising only on foreign direct investment (FDI).</p>.<p>"It is good to see that there is not much mention of FDI in the finance minister's speech and the government has taken much-needed steps for rationalising the policies for domestic investors," he said.</p>.<p>About cryptocurrency, Mahajan said, "Taxing it is a welcome step and now the government should move towards banning it. The decision to come up with digital currency issued by RBI is also praiseworthy."</p>.<p>In her Budget Speech, Sitharaman has proposed the tax on income generated at the sale of any digital asset without any deductions, amid a growing proliferation of assets like Bitcoin even as the regulatory structure on them remains unclear. </p>.<p><strong>Watch the latest DH Videos here:</strong></p>