Thread by @eNewsBharati

Finance Minister
@nsitharaman
rises to present #Budget2021-'22 in Parliament

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Finance Minister begins #Budget2021 speech by recounting the unprecedented circumstances through which the nation and the world had to go through and recognizing the service rendered by #COVID Warriors during the crucial months of the pandemic #AatmanirbharBharatKaBudget

The total financial impact of all #AatmaNirbharBharat packages, including measures taken by
@RBI , was about Rs 27.1 lakh crore, more than 13% of GDP

- FM @nsitharaman

The Govt. stretched its resources for the benefit of the poorest of the poor. The PM Garib Kalyan Yojana, the three Aatma Nirbhar Bharat packages and subsequent announcements were like five mini-budgets in themselves

- FM @nsitharaman
#Budget2021

#AatmanirbharBharat packages accelerated structural reforms. Today, India has two vaccines, we have begun to safeguard both our citizens as well as 100 or more countries Two or more more vaccines also expected soon

- FM @nsitharaman
#AatmanirbharBharatKaBudget #Budget2021

'Faith is the bird that feels the light and sings when the dawn is still dark'

- FM @nsitharaman quotes Rabindranath Tagore, adding that this moment in history is the dawn of a new era, where India is well-poised to be the land of promise and hope"

#Budget2021

India now has one of the lowest #COVID19 death rates of 112 per million population and one of the lowest active cases of about 130 per million. This has laid the foundation for the economic revival we see today

- FM @nsitharaman

#Budget2021

Only three times has the Budget followed a contraction in the economy. This time, unlike before, the situation is due to a global pandemic. #Budget2021 provides every opportunity for economy to capture pace and grow sustainably

- FM @nsitharaman

#Budget2021

In Part A of #Budget2021, Finance Minister lays out a vision for #AatmanirbharBharat

To strengthen the vision of Nation First, doubling farmers' income, strong infra, women's empowerment, healthy India, good governance, education for all, inclusive development

This Budget will be the first of this new decade. Budget 2021 will also be a #digital budget.

-FM @nsitharaman

#Budget2021

#Budget2021 proposals rest on six pillars -Health and Well-Being, Physical and Financial capital and infrastructure, Inclusive Development for Aspirational India, Reinvigorating Human Capital, Innovation and R&D, Minimum Govt., Maximum Governance

-FM @nsitharaman

#Budget2021

New Centrally Sponsored Scheme #PMAatmanirbharSwasthBharatYojana to be launched, outlay of Rs 64,180 crore over 6 years. To develop capacities of health care systems, develop institutions for detection & cure of new and emerging diseases
#AatmanirbharBharatKaBudget

For 2021-22, I propose a sharp increase in Capital Expenditure & thus have provided Rs 5.54 lakh crores which is 34.5% more than the BE 2020-21

- FM @nsitharaman
#Budget2021

Supplementary Nutrition Programme & POSHAN Abhiyaan to be merged, Mission POSHAN 2.0 to be launched, To strengthen nutritional content, delivery & outcome. Intensified strategy for improving nutritional outcomes in aspirational districts

#Budget2021 #AatmanirbharBharatKaBudget

#Budget2021

#JalJeevanMission Urban to be launched, outlay Rs 2.87 lakh crore over 5 years

Aimed at universal water supply in all 4,378 urban local bodies, with 2.86 crore household tap connections and liquid waste management in 500 AMRUT cities
- FM @nsitharaman

Over 13,000 km length of roads at a cost of Rs 3.3 lakh cr has already been awarded under Rs 5.35 lakh cr Bharatmala project of which 3,800 km have been constructed.

- FM @nsitharaman

#Budget2021

By March 2022 we'd be awarding another 8,500 & complete an additional 11,000 km of National Highway Corridor

- FM @nsitharaman

#Budget2021

#Budget2021

Urban Swachh Bharat Mission 2.0 with outlay of Rs 1,41,678 crore over 5 years from 2021

Focused on complete fecal sludge management, waste water treatment, source segregation, management of waste from urban construction, bioremediation of legacy dump sites

#Budget2021

Rs. 2,217 Cr for 42 urban centres with million plus population, to tackle burgeoning problem of air pollution

I have provided Rs 35,000 crores for #COVID19 vaccine in this year 2021-22. I am committed to provide further funds if required

- FM @nsitharaman

#Budget2021

#Budget2021

Rs 35,000 crore for #COVID19 Vaccine in this year 2021-'22

Govt. is committed to provide more funds, if required - FM
@nsitharaman

#AatmanirbharBharatKaBudget

#Budget2021

Outlay for health increased to Rs 2,23,846 crore, an increase of 137% relative to previous year's budget

#AatmanirbharBharatKaBudget

Rs 1.97 lakh crore over 5 years starting this FY, for Production Linked Incentive Schemes to create manufacturing global champions for an #AatmaNirbharBharat

Will nurture size and scale and create jobs for youth

#AatmanirbharBharatKaBudget

#Budget2021

Scheme of Mega Investment Textile Parks to be launched, in addition to PLI scheme, to create world class infra in textile sector, with plug-and-play facilities, to create global export champions

7 textile parks to be set up over 3 years

#AatmanirbharBharatKaBudget

#Budget2021

To give further thrust to National Infrastructure Pipeline, three concrete actions to be taken - Creating institutional structures, Monetizing assets, Increasing the share of capital expenditure in central and state budgets

#AatmanirbharBharatKaBudget

#Budget2021

Professionally managed Development Financial Institution to be set up, to provide, enable & catalyze infra financing

Rs 20,000 crore to capitalize this institution

Aim is to have lending portfolio of at least Rs. 5 lakh crore in 3 years

#AatmanirbharBharatKaBudget

#Budget2021

National Monetization Pipeline of potential brownfield infrastructure assets to be launched, for monetizing operating public infra assets

Asset Monetization Dashboard to track progress and provide visibility to investors

#AatmanirbharBharatKaBudget

Five operational roads being transferred to NHAI

Rs. 7,000 cr assets to be transferred to PGCIL

Railways to monetize dedicated freight corridor assets for O&M, after commissioning

Next lot of airports to be monetized for ops & mgmt. concessions
#Budget2021

#Budget2021

Sharp increase of 34.5% in capital expenditure as compared to previous budget estimates - resulting in allocation of Rs 5.54 lakh crore

Echoing the govt.'s effort to spend more on capital expenditure, despite resource crunch

#AatmanirbharBharatKaBudget

The govt will be providing a record sum of Rs 1,10,055 crores for Railways of which Rs 1,07,100 crores is for Capital Expenditure only

- FM @nsitharaman
#Budget2021

Our Govt is committed to the welfare of farmers. The MSP regime has undergone a change to assure price that is at least 1.5 times the cost of production across all commodities

- FM @nsitharaman

#Budget2021 #MSP #FarmersProtests

#Budget2021

Rs 40,000 crore for programs, projects and departments which show good progress in capital expenditure and which may be in need of further funds

More than Rs 2 lakh crore for states and autonomous bodies for capex

#AatmanirbharBharatKaBudget

Ujjwala scheme will be expanded to over 1 crore more beneficiaries. We will add 100 more districts in the next three years to the city gas distribution network. A gas pipeline project will be taken up in #JammuAndKashmir

- FM @nsitharaman

#Budget2021

#Budget2021

An enhanced outlay of Rs 1,18,101 crore for
@MORTHIndia out of which Rs 1.08 lakh crore is for capital, the highest ever provided

#AatmanirbharBharatKaBudget

#Budget2021

Western Dedicated Freight Corridor and Eastern Dedicated Freight Corridor to be commissioned by June 2022

Various additional initiatives too being proposed

#AatmanirbharBharatKaBudget

#Budget2021

100% electrification of rail broad gauge routes to be completed by December 2023

#AatmanirbharBharatKaBudget

#Budget2021

High density rail networks and highly utilized rail routes to be provided with indigenously developed automatic train protection system which will eliminate train collision due to human error

#AatmanirbharBharatKaBudget

#Budget2021

Record sum of Rs 1,10,055 crore to be provided for Indian Railways, out of which Rs 1,07,100 is for capital expenditure only

#AatmanirbharBharatKaBudget

#Budget2021

The new scheme at a cost of Rs 18,000 cr for augmentation of public bus transport services. Will facilitate deployment of innovative PPP models enabling private players to finance, acquire, operate and maintain over 20,000 buses

#AatmanirbharBharatKaBudget

#Budget2021

MetroLite and Metro New Technologies to be deployed to provide metro rail systems in tier 2 cities and peripheral areas of tier 1 cities, at much lesser cost, with same experience, convenience and safety

#AatmanirbharBharatKaBudget

#Budget2021

Framework to be put in place, to provide consumers alternatives to choose from, from among more than one power distribution company

#AatmanirbharBharatKaBudget
@MinOfPower

100 new Sainik schools will be set up in partnership with NGOs, private schools, and states. We would be introducing the legislation this year to implement the setting-up of Higher Education Commission of India

- FM @nsitharaman

#Budget2021

#Budget2021

Record sum of ₹ 1,10,055 crore to be provided for Indian Railways, out of which ₹ 1,07,100 is for capital expenditure only

#AatmanirbharBharatKaBudget

#Budget2021

New scheme at a cost of ₹ 18,000 crore for augmentation of public bus transport services

Will facilitate deployment of innovative PPP models enabling private players to finance, acquire, operate and maintain over 20,000 buses

#AatmanirbharBharatKaBudget

#Budget2021

MetroLite and Metro New Technologies to be deployed to provide metro rail systems in tier 2 cities and peripheral areas of tier 1 cities, at much lesser cost, with same experience, convenience and safety

#AatmanirbharBharatKaBudget

#Budget2021

Revamped, reforms-based, result-linked Power Distribution Sector Scheme to be launched, with outlay of ₹ 3,05,984 crore over 5 years

Will provide assistance to distribution companies for infrastructure creation

#AatmanirbharBharatKaBudget

#Budget2021

Comprehensive National Hydrogen Energy Mission to be launched, as per PM
@narendramodi
's announcement at 3rd REINVEST conference in Nov 2020

Mission will help generate hydrogen from green power sources

#AatmanirbharBharatKaBudget

#Budget2021

Seven port projects worth more than ₹ 2,000 crore to be offered by major ports in PPP Mode, in FY 2021-'22

To move to a model where private partner will manage operations of ports

#AatmanirbharBharatKaBudget

#Budget2021

Scheme for promoting flagging of merchant ships in India to be launched, by providing subsidy support to Indian shipping companies in global tenders floated by Ministries and CPSEs

₹ 1,624 crore over 5 years for this

#AatmanirbharBharatKaBudget

#Budget2021

Ship Recycling Capacities of around 4.5 million Light Displacement Tonnage to be doubled by 2024, expected to generate around 1.5 lakh jobs for our youth

#AatmanirbharBharatKaBudget

#Budget2021

A single and rationalized Securities Markets Code to be set up, by consolidating provisions of SEBI Act 1992, Depositories Act 1996, Securities Contracts Regulation 1956 and Govt. Securities Act 2007

#AatmanirbharBharatKaBudget

#Budget2021

To set up a system of regulated gold exchanges in the country, SEBI will be notified as regulator and Warehousing Dev. and Regulatory Authority will be strengthened

#AatmanirbharBharatKaBudget

#Budget2021

Insurance Act 1938 to be amended, to increase permissible FDI limit in insurance companies from 49% to 74% and allow foreign ownership and control with safeguards

#AatmanirbharBharatKaBudget

#Budget2021

Additional capital infusion of ₹ 1000 crore to Solar Energy Corporation of India and ₹ 1500 crore to IREDA, to give further boost to green energy sector

#AatmanirbharBharatKaBudget

The forthcoming census would be the first digital census in the history of India. For this monumental task, I have allocated 3,768 crores in this year 2021-22

- FM @nsitharaman

#Budget2021

I propose to reduce the time limit for reopening of assessments (tax assessments) to 3 years from the present 6 years

- FM @nsitharaman

Fiscal deficit in 2020-21 pegged at 9.5% of GDP. We would need another Rs 80,000 crores for which we would be approaching the market in these two months

- FM @nsitharaman

Fiscal deficit in 2020-21 pegged at 9.5% of GDP. We would need another Rs 80,000 crores for which we would be approaching the market in these two months

- FM @nsitharaman

#Budget2021

In case of wheat

Amount paid to farmers in 2013-14 -Rs 33,874 cr
Amount paid in 2019-20 -Rs 62,802 cr
Amount paid in 2020-21 - Rs 75,060 cr

No. of farmers benefitted

in 2020-21 - 43.36 lakhs
in 2019-20 - 35.57 lakhs

says, FM @nsitharaman
during #AatmanirbharBharatKaBudget