UNION BUDGET 2021.


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UNION BUDGET 2021.

UNION BUDGET 2021  Union Finance Minister Nirmala Sitharaman has presented the Union Budget 2021 in the Parliament on February 1, 2021.  The first paperless budget was touted as an Economic vaccine that will aid revival of the Indian economy. INTRODUCTI ON Source: www.jagranjosh.com  The Budget 2021 has proposed several new schemes and announcements including the launch of  PM Atmanirbhar Swasth Bharat Yojana  Mission Poshan 2.0  Urban Jal Jeevan Mission  Urban Swacch Bharat Mission  Voluntary Vehicle Scrapping Policy  National Railway Plan  National Hydrogen Mission  First Digital Census NEW  Investor Charter and first central university in Leh SCHEMES Source: www.jagranjosh.com  The Budget 2021-22 rests on six pillars:  Health & Well-Being  Physical & Financial Capital & Infrastructure  Inclusive development for aspirational India  Reinvigorating human capital  Innovation & R&D  Minimum Govt & Maximum Governance VISION FOR ATMANIRBH AR BHARAT Source: www.jagranjosh.com  PM Atmanirbhar Swasth Bharat Yojana: To be launched to develop primary, secondary and tertiary healthcare systems, strengthen existing health systems and support future health interventions with an outlay of about 64,180 crores over 6 years. HEALTH & WELL-BEING Source: www.jagranjosh.com  Mission Poshan 2.0 to be launched to improve nutritional outcomes across 112 aspirational districts. MISSION POSHAN 2.0 Source: www.jagranjosh.com  The Finance Ministry has provided Rs 35,000 crores for COVID-19 vaccine in this year 2021-22. The Ministry is committed to provide further funds if required. COVID-19 VACCINE Source: www.jagranjosh.com  Mega Investment Textile Parks- 7 textile parks will be added in the next three years.  National Infrastructure Pipeline  Propose sharp increase in Capital expenditure  Roads & Highways  Railway Infrastructure - National Railway Plan PHYSICAL AND  Urban Infrastructure FINANCIAL CAPITAL & INFRASTRUCTUR E Source: www.jagranjosh.com  Agriculture & Allied Sectors:  Operation Green Scheme to be enlarged to cover 22 perishable crops  1000 more mandis to be integrated with E-NAM marketplace  Agricultural Infrastructure funds will be made available to APMCs for augmenting their infrastructure INCLUSIVE  MSP increased to 1.5 times DEVELOPMENT FOR ASPIRATIONAL INDIA Source: www.jagranjosh.com  Setting up of Higher Education Commission  1,00 Sainik Schools will be set up in partnership with NGOs, private schools, and states.  Proposal to set up central university in Leh.  750 Eklavya schools will be set up in tribal areas.  35219 crores to benefit 4 crore scheduled caste students.  National research foundation to be set up with an outlay 50000 crores REINVIGORAT ING HUMAN CAPITAL Source: www.jagranjosh.com  Gaganyaan Mission: The first unmanned launch of the Gaganyaan Mission is slated for december 2021  Deep ocean mission to be launched for the conservation of deep- sea biodiversity. INNOVATION & R&D Source: www.jagranjosh.com  First Digital Census to be launched. The centre has allocated Rs 3,758 crore for the same this year.  Rs.1000 crore proposed for welfare of tea workers, especially women and children, in Assam and West Bengal.  Rs 300 crore to be granted to Goa government to celebrate 50 years of liberation from the Portuguese. MINIMUM GOVT & MAXIMUM GOVERNANCE Source: www.jagranjosh.com  Petrol & Diesel: Agriculture Infrastructure & Development Cess (AIDC) of Rs 2.5 per liter & Rs 4 per liter to be imposed respectively  Electronic items  Cell Phones  Crude palm oil, soyabean & sunflower oil  Apples, Peas, Kabuli Chana, Bengal Gram/Chickpeas, Lentil  Cotton WHAT BECOMES  Raw Silk and silk yarn COSTLIER POST UNION BUDGET? Source: www.jagranjosh.com  Gold and silver  Shoes  Insurance  Naphtha  Caprolactam  Iron and Steel melting scrap  Platinum WHAT BECOMES  Components or parts for aircraft CHEAPER POST  Primary/Semi-finished products of non-alloy steel UNION BUDGET? Source: www.jagranjosh.com