Thursday, 5 March, 2026
Budget 2022: Data center, energy storage given infrastructure status
By Basit Ansari
<p>In Parliament, Finance Minister Nirmala Sitharaman presented the Union Budget for the fiscal year 2022-23. For FY22, India's economic growth is forecast to be 9.2%, the highest among all large economies. The corporate surcharge will be reduced from 12% to 7%. The data center and energy storage system will be given infrastructure status. For the 5G rollout in 2022-23, a spectrum auction will be held.</p>
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