Govt Opens Its Purse-Strings in a ‘Reset India’ Budget to Create ‘Wealth and Wellness’

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Apart from the highest-ever capital expenditure of Rs 5.54 lakh crore for FY22, the FM also announced a proposed development finance institution (DFI), and wide-scale asset monetisation by agencies like the National Highways Authority of India and the Indian Railways, as well as an asset monetisation pipeline.