Indian Budget 2021

As we all know INDIA the biggest republic nation has passed out its budget for 2021 on 1st February, if you want to know about the Indian budget and you don't have much time to spend on it here we give some of the highlights or else you can say that Key points, from that you just need to give only five to ten minute to this post and you get to know what was discuss and what was the key points of the budget


In the photograph India's Finance Minister Nirmala Sitharaman (C) along with her staff leaves the Finance Ministry to present the annual budget in parliament in New Delhi Photograph:( AFP )

Here are some Key points of Union Budget 2021

  • Rs 35,000 crore for COVID-19 vaccine.
  • Rs. 1.10 Lakh crore outlay for Railways, of which Rs. 1.7 lakh crore is for capital expenditures.
  • Aim to complete 11,000 km of national highway infrastructure this year. 
  • PM Aatmanirbhar Swastha Bharat to be launched with an outlay of 64,180 crores over 6 years. 
  • Rs. 2,217 crores for 42 urban centers to tackle the problem of Air Pollution.
  • The Urban Swachh Bharat scheme will be implemented with an outlay of over Rs. 1.4 lakh crore. 
  • Infusion of Rs 20,000 crore for public sector bank.
  • Definition of small companies to be revised by raising the capital base to Rs 2 cr from the current limit of Rs 50 lakh. 
  • Rs 3.05 lakh crore outlay for the power sector. 
  • Rs 18,000 crore scheme to increase public transport in urban areas. 
  • Rs 1,500 crore for promoting a digital mode of payment. 
  • Jal Jeevan Mission gets an outlay of Rs 2.87 lakh crore. 

The Union Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman presented the Union Budget 2021-22 in Parliament on 1st Fabruary, which is the first budget of this new decade and also a digital one in the backdrop of the unprecedented COVID-19 crisis. Laying a vision for AatmaNirbhar Bharat, she said this is an expression of 130 crore Indians who have full confidence in their capabilities and skills. She said that Budget proposals will further strengthen the Sankalp of Nation First, Doubling Farmer’s Income, Strong Infrastructure, Healthy India, Good Governance, Opportunities for youth, Education for All, Women Empowerment, and Inclusive Development among others. Additionally, also on the path to fast-implementation are the 13 promises of Budget 2015-16-which were to materialize during the AmrutMahotsav of 2022, on the 75th year of our Independence. They too resonate with this vision of AatmaNirbharta, she added.

The Budget proposals for 2021-22 rest on 6 pillars.

Health and Wellbeing

Physical & Financial Capital, and Infrastructure

Inclusive Development for Aspirational India

Reinvigorating Human Capital

Innovation and R&D

Minimum Government and Maximum Governance

Location: India

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