First Paperless Budget 2021 : 15 Health Emergency Operation Centers to be launched, Rs 20,000 crore to be spent on infrastructure development
Water-life missions will be launched in urban areas. 1.48 lakh crore will be spent on Urban Clean India Mission in 5 years
The pneumococcal vaccine will be launched across the country. It will save the lives of 50,000 children every year.
The focus will be on monetizing public infrastructure. The National Monetization Pipeline will be launched. It will have a dashboard to keep an eye on these matters.
The National Highways Authority will also attract international investment. Railways will also monetize the freight corridor. Monetization will also be the focus of any future airport.
1100 km National Highway will be built in Kerala. Under which Mumbai-Kanyakumari corridor will also be formed. In Kerala, Rs 65,000 crore will be spent on this.
Highways will be built in Bengal at a cost of Rs 25,000 crore. The Kolkata-Siliguri road will be upgraded. Rs 34,000 crore will be spent on the National Highway in Assam.
"I am presenting the budget for 2021-22. As soon as the lockdown ended, the Prime Minister announced a poor welfare scheme, which provided free food to 800 million people. 80 million people got free cooking gas. I am grateful to those who have been involved in delivering the service of need to the people. We then brought two more self-contained packages. We gave a total relief of 13 per cent of GDP or Rs 27.18 lakh crore.
Finance Minister Nirmala Sitharaman reached the Parliament House after handing over a soft copy of the budget to President Ramnath Kovind. A cabinet meeting was held here in which the budget was approved. This will be Nirmala Sitharaman's third budget. Both the general public and the business world have high hopes for this budget. The reason for hope is his statement given on December 18 last year. He said this time the budget would not have come in the last 100 years. The Economic Survey, tabled in Parliament on February 29, has many indications of this. If the budget is in line with these indications, then such special things can be seen.
Before the budget was presented, Minister of State for Finance Anurag Thakur said that the budget would be in line with the expectations of the people.
Before the budget was presented, Minister of State for Finance Anurag Thakur said that the budget would be in line with the expectations of the people.
- Exemption on PF and LTC possible in new tax system
- Tax exemptions on health insurance premiums may increase
- Exemption for one more year in interest on home loan
- The amount of the Farmer Honors Fund may exceed 2000
For health
Emphasis will be placed on nutrition. Mission Nutrition 2.0 will be launched. Water supply will be increasedWater-life missions will be launched in urban areas. 1.48 lakh crore will be spent on Urban Clean India Mission in 5 years
The pneumococcal vaccine will be launched across the country. It will save the lives of 50,000 children every year.
For infrastructure
There is a need for a Development Financial Institute for the infrastructure sector. A bill will be brought for him. Rs 20,000 crore will be spent on it to build a lending portfolio of Rs 5 lakh crore in 3 years.The focus will be on monetizing public infrastructure. The National Monetization Pipeline will be launched. It will have a dashboard to keep an eye on these matters.
Read Details in Gujarati From Here
The National Highways Authority will also attract international investment. Railways will also monetize the freight corridor. Monetization will also be the focus of any future airport.
For 3 states with elections
Rs 3.3 lakh crore has been provided for the Bharatmala project. Economic corridors will be created for road infrastructure. The 3500 km National Highway project will cost Rs 1.03 lakh crore in Tamil Nadu, the construction of which will start next year.1100 km National Highway will be built in Kerala. Under which Mumbai-Kanyakumari corridor will also be formed. In Kerala, Rs 65,000 crore will be spent on this.
Highways will be built in Bengal at a cost of Rs 25,000 crore. The Kolkata-Siliguri road will be upgraded. Rs 34,000 crore will be spent on the National Highway in Assam.
"I am presenting the budget for 2021-22. As soon as the lockdown ended, the Prime Minister announced a poor welfare scheme, which provided free food to 800 million people. 80 million people got free cooking gas. I am grateful to those who have been involved in delivering the service of need to the people. We then brought two more self-contained packages. We gave a total relief of 13 per cent of GDP or Rs 27.18 lakh crore.
Read Details in Gujarati From Here
Live Watch Budget 2021 From Here (Now Closed live)
Finance Minister Nirmala Sitharaman reached the Parliament House after handing over a soft copy of the budget to President Ramnath Kovind. A cabinet meeting was held here in which the budget was approved. This will be Nirmala Sitharaman's third budget. Both the general public and the business world have high hopes for this budget. The reason for hope is his statement given on December 18 last year. He said this time the budget would not have come in the last 100 years. The Economic Survey, tabled in Parliament on February 29, has many indications of this. If the budget is in line with these indications, then such special things can be seen.
Finance Minister Nirmala Sitharaman has reached the Parliament House after meeting President Ramnath Kovind.
Krishnamurthy Subramaniam, chief economic adviser who prepared the economic survey, said the time has come for the government to increase its spending and reduce the tax burden on the people. However, private companies are not in a position to increase costs at present. That is why the government has to increase the expenditure, but the government is short of money for the expenditure. That is why there is little hope of tax relief. Conversely, there is talk of imposing a balance of corona, even if it seems to be on higher-earning companies.Updates ..
Before the budget was presented, Minister of State for Finance Anurag Thakur said that the budget would be in line with the expectations of the people. The government is working on the mantra of 'Sauno Saath, Sauno Vikas and Sauno Vishwas'. The budget will give a new direction to the self-reliant India package. At the same time we will succeed in preventing the Koro epidemic and getting the economy back on track.Before the budget was presented, Minister of State for Finance Anurag Thakur said that the budget would be in line with the expectations of the people.
Before the budget was presented, Minister of State for Finance Anurag Thakur said that the budget would be in line with the expectations of the people.
Installing the remainder of Super Rich Coro will increase government revenue
Oxfam estimates that if 4% tax is levied on India's 954 richest households, it can generate revenue equal to 1% of GDP, or Rs 2 lakh crore. The money from such cess or surcharge remains with the central government, the states...
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