Key Points of Budget 2021 -Road and Infrastructure , Agriculture very sensitive point at the time of Farmer Protest, Railways and also important announcement in Covid Vaccine in this Budget
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| Union Budget announce and overview of Covid Vaccine, Railway and infrastructure |
ROAD INFRASTRUCTURE
Sitaraman announced a new highway project. He announced a 3,500 km corridor in Tamil Nadu, 1,100 km in Kerala with an investment of Rs 65,000, 675 km in West Bengal for Rs 95,000 and 1,300 km in Assam over the next three years. He said: "8,500 km of roadways will be awarded by March 2022 and 11,000 km of national highway corridors will be completed by 2021."
BANK
Nirmala Sitharaman said: "For startups, we are growing 1% of the company with no paid-in capital limit. Apart from IDBI, we plan to sell two more banks. IPO of LIC will be in 2022. All sales announced so far, including Air India, BPCL, CONCOR and Pawan Hans are expected to be completed by 2022. "
RAILWAYS
Sitharaman announces Rs1.10555 crore for train. It has allocated Rs 25,000 for the project in West Bengal and Rs 63,000 for Metro Chennai. In addition, further underground and municipal buses based on the PPP model and 20,000 buses planned in the cities were also announced. He said, "Metrolite and Metroneo technology will be implemented in level 2 cities and in level 1 suburbs."
Vaccination for COVID-19
The finance minister announced 35,000 kronor for the Covid-19 vaccine. He said there will soon be two other vaccines besides Covidshield and Covaxin.
AGRICULTURE
Sitharaman said the agricultural infrastructure fund will be given to APMC to upgrade their infrastructure facilities. He said: "In the case of wheat, 62,802 kroner were paid to farmers between 2019 and 2020, and between 2020 and 2021 this increased further to 75,060 rupees."
It was announced that the unused amount paid in 2013-14 was Rs 53,928. Sitharaman said, “In 2019-20 this value increased to 1.41 rupees. Even better, further gains to 1,72,752 rupees are expected in 2020-21. "
Sitharaman said: “Between 2013 and 2014, cotton farmers saw a tremendous increase in the amount paid to them, which was 90 kroner and in 2020-21 it increased to over 25,000 kroner.
He announced that another 1,000 mandates would be integrated into the E-NAM market.
DIRECT FOREIGN INVESTMENT
Foreign direct investment in insurance has increased to 74%. Sitharaman said, "FDI in insurance has increased from 49% to 74%. An important guide for local Indians." "
SWACHH BHARAT AND SWASTH BHARAT
The government announced the Urban Swachcha Bharat Mission at a cost of 1,41,678 rupees for 5 years.
UJJWALA SCHEME
Sitharaman said, “The Ujjwala Program was expanded to include one additional recipient. Another 100 areas for urban gas distribution will be added over the next 3 years. "He said the Ujjwala LPG program would add more than 1 crore of beneficiaries from the existing eight crore.
FRESH AIR
Sitharaman announced in this budget 2217 crores for 42 city centers with a population of more than one million people. Sitharaman said: "Apart from this, we are announcing the voluntary removal of vehicles in order to get old and obsolete vehicles from circulation." He said, "The vehicle will pass the fitness test for photovoltaics and 15 years to resume in 20 years."
JAL JIVAN MISSION
Sitharaman announces that the Jal Jeevan Mission will begin in all city authorities. She announced a nail polish price of 2.87 rupees for Jal Jeevan's mission of five years.
ROAD INFRASTRUCTURE
Sitaraman announced a new highway project. He announced a 3,500 km corridor in Tamil Nadu, 1,100 km in Kerala with an investment of Rs 65,000, 675 km in West Bengal for Rs 95,000 and 1,300 km in Assam over the next three years. He said: km of roads by March 2022. and 11,000 km of national highway corridors will be completed by 2021. "
CORRESPONDENCE
Sitharaman says the upcoming census will most likely be digital. "I am allocating 3,768 rupees for the next census," he said.
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