Budget 2021-22

Budget 2021-22 (Third Time Budget by Nirmala Sitharaman)

We will cover 

 GDP Condition  Education Condition  Credit to Government  Health  क्या सस्ता क्या महंगा  2021 Project Targets  Farmers & Agriculture  Road & Transport  Gainers & Losers  Financial Deficit  Allocations

First Time:

Paperless Budget Budget on Made in India Tab Digital Census

Credit to Government:

GST Collection: 

 Dec 2020- INR 1,15,000 crore 

 Jan 2021- INR 1,20,000 crore

PMGKY (PM Gareeb kalyan yojana) 

 INR 2.67 lakh crore (COVID Pandemic) 

 Beneficiary- 12 crore

Credit to Government 

 Free LPG to 8 crore people. 

 Free Grains to 12 crore people 

 One nation One card 

 Two Vaccines developed by India 

 Giving vaccines to 100+ countries 

 5 Mini Budgets in COVID pandemic 

 Preparing Chandrayaan III 

 INR 27 Lakh Crore package for Atmanirbhar Bharat Abhiyan

2021 Plans (Swaccha Bharat, Swasth Bharat) 

 Electronic Vehicles 

 Green Tax (Approx INR 3800) 

 Vaccination Testing & Research 

 Critical Care Hospitals (682 Districts)

  42 Airports 

 11 Seaports 

 15 Health Emergency Operation Centre 

 2 Mobile Hospitals

2021 Plans (Swaccha Bharat, Swasth Bharat) 

 WHO based foundations 

 9 Bio test Labs 

 Health Portal in every state 

 Central University in Leh (Higher Education) 

 100+ Mandi will be connected with ‘e-Naam’ (1.68 crorefarmers registered with ‘e-Naam’

2021 Plans (Swaccha Bharat, Swasth Bharat) 

 Mega Textile Investment Park (7 in next 3 years) 

 100 Sainik Schools (Private companies will be offered) 

 100 % Railway Tracks electrified by 2023 

 1 crore people more will be attached in ‘Ujjwala Yojana’ 

 Focus on New Diseases.

2021 Plans (Swaccha Bharat, Swasth Bharat) 

• Metro 

 7200Km. – Functional 

 1016Km. – Under Construction (27 Cities) 

 Metro Lite- (Low Fare)

 75+ Pensioners – Return Free 

 Electricity Sector- Competition will be high 

 You can choose your own supplier.

  Sea-ports will be monetized. 

2021 Plans (Swaccha Bharat, Swasth Bharat) 

 Gas pipeline project in J&K 

 World Class Fin-Tech Hub 

 One Person company purity 

 NRI – No Barrier to open startup 

 750 New Eklavya Model 

2021 Plans (Swaccha Bharat, Swasth Bharat)

LIC with IPO (Initial public offering) this year 

 Insurance Act 1938 will amend 

 Current FDI limit- 49% 

 Target FDI Limit- 74% (Will allow foreign ownership with safeguard)

2021 Plans (Swaccha Bharat, Swasth Bharat) 

Roads & Transport

 3500km. NH Tamilnadu (1.03 lakh cr.) 

 Madurai- Kollam Corridor (proposed) 

 1100km. NH Kerala (65,000 cr.) 

 600km. Mumbai- Kanyakumari Corridor (proposed) 

 675km. Highways West Bengal (25,000 cr.)

  Road Upgradation (Kolkata- Siliguri) 

 Assam Highways- 1300km (INR 19,000 cr.) 

 Military Roads & Highways (INR 1,18,101 lakh cr.)

2021 Plans (Swaccha Bharat, Swasth Bharat)

Agriculture & Farmers 

 Wheat: INR 62,802 cr. (Beneficiary- 35lakh- 2020) 

 Wheat: INR 75,050 cr. (Beneficiary- 45lakh- 2021) 

 Wheat: INR 33,000 cr. (Beneficiary- - 2013-14) 

 Pulses: INR 10,500 cr. (2020) (As per Govt. Data is in Annexure IV of the Budget Speech)

क्या सस्ता क्या महंगा

[Gold, Silver, Petrol, Diesel,Shoes, Insurance, Steel, Iron-----सस्ता ]

[Phones, Mobile chargers, Auto Parts, Liquor, AC, Cotton cloth, Solar Invertors, Solar Lamps, other jewellery, Pulses, other electronic items-----महंगा ]

Financial Deficit

Note: 6.8 crore people filed return (2020-21)

• 6.8% of GDP will be continue 

• Target- Below 4.5% (2025-26) 

What we got 

 NRI Tax Disputes (Online resolve) 

 NGO upto revenue INR 5cr. (Tax Free) 

 Bank FD- More profit (not much in income) 

 2 more PSU Bank can be privatised 

Allocations(किसिो कितना पैसा आवंकित किया गया ) 

 Health: INR 2,38,000 cr. From 94,000 cr. 

 COVID: INR 35,000 cr. 

 New Financial Institutions: 5 lakh cr. (Target 5 trillion economy by 2025/ New Act will launch) 

 Capital Expenses: INR 4.12 lakh cr. 

 Urban Swatch Bharat: INR 1.41 lakh cr. 

 Pollution Control: INR 2000 cr.

  Public Bus Transport: INR 18,000 cr. (20,000 electronic buses by private sector)

Allocations(किसिो कितना पैसा आवंकित किया गया )

Railway Expenditure: INR 1.1 lakh cr. 

State’s capital expenditure: INR 2 lakh cr. 

Road & Transport: INR 1.18 lakh cr. 

Agriculture Loan: INR 16.5 lakh cr. 

Agriculture Infrastructure: INR 40,000 cr.