Скачать или смотреть Budget 2021-22 summary|Union Budget 2021 key points|Budget 2021

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Key Point Of the Budget

https://drive.google.com/file/d/1yrZW...

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In this Video, I'll be explaining briefly about the Union Budget 2021-22.

These are the Following Points are Explained:-

UNION BUDGET 2021-22

For the first time, Finance Minister Nirmala Sitharaman will present a paperless Budget. The soft copies of the Budget documents will be distributed electronically to the parliamentarians.
Atmanirbhar Bharat

Part A of the BUdget will lay the vision for Atmanirbhar or Self reliant nation.

"Atmanirbhar is not a new word for India. Ancient India was largely self-reliant and equally, was the epicentre of the world."


Health and wellbeing

PM Atma Nirbhar Swasthya Bharat Yojana Rs. 64,180 crore over six years to develop primary, secondary and tertiary healthcare systems.

This will be in addition to the National Health mission and will support 17,000 rural and 11,000 urban health care centres.

launch Mission Poshan 2.0 to improve nutritional outcomes across 112 aspirational districts.

An urban Jal Jeevan Mission to be launched and implemented over five years-
Rs 2.87 lakh crore.

The Urban Swachh Bharat Mission will be implemented over five years.

Air pollution:- 2,217 crore for 32 urban centres

Rs. 35, 000 crore has been allocated for COVID-19 vaccines and intend to provide further funds if required.



Physical and Financial Capital and Infrastructure

For a five trillion dollar economy manufacturing sectors need to grow

PLI scheme has been announced for 13 sectors.

Committed Rs 1.97 lakh crore over the next 5 years.

Seven textile parks will be added in the next three years.

The National Infrastructure Pipeline (NIP)

was launched with 6835 projects, which has now expanded to 7400 projects.



A bill to set up a Development Finance Institution,provided Rs 20,000 crore for this.

We should have a lending portfolio of Rs. 5 lakh crore in three years' time


Asset monetisation

Metro services in 27 cities

MetroLite and MetroNeo will be introduced in Tier 2 cities and peripheral areas of Tier 1 cities.

Kochi Metro, Chennai Metro Phase 2

Bengaluru Pahse 2A and B

Nashik and Nagpur Metros get additional allocation.

"We will work towards raising the share of public transport in urban areas through expansion of metro networks and augmentation of city bus service

The scheme will facilitate deployment of innovative PPP models to enable private players to provide and operate over 20,000 buses.

A total of 702 km of conventional metro is operational and another

1,016 of metro and RRTS is under construction in 27 cities.


Power

In a bid to end monopoly of power distribution, the government will create a framework to allow consumers of electricity alternatives to choose from more than one distribution company.



Shipping and ports



Around 90 ship recycling yards at Alang in Gujarat are compliant with latest international norms.

Recycling capacity will be doubled by 2024, this will generate an additional 1.5 lakh jobs for our youth.

A gas pipeline project will be taken up in the Union Territory of Jammu and Kashmir.

City Gas Distribution (CGD) programme will be extended to 100 districts in next three years.

The Ujjwala (LPG) scheme which has benefited 8 crore households thus far will be extended to cover 1 crore more beneficiaries.

Financial Capital

consolidate the provisions of the Sebi Act, Depositories Act, and two other laws, into a Unified Securities Market Code.

Towards investor protection introduce an investor charter as a right for all investors in all financial products.

Propose to Amend the insurance act to increase the FDI limit from 49% to 74%.

The high level of provisioning by public sector banks calls for measures to clean up their books.

An asset reconstruction company will be set up to take over stressed loans.

Asset reconstruction and Asset management companies will be set up for value realisation.

Deposit insurance

The government has approved an increase in the cover from Rs 1 lakh to Rs 5 lakh for bank depositors.



Decriminalisation of offences under the Companies Act is now complete.



Disinvestment and strategic sale

Two PSU bank and one general insurance firm will be disinvested this year. An IPO of LIC will be debuted this year.


A SPV will be launched to carry out this activity.

A revised mechanism will be introduced for timely closure of loss making PSUs.

"Inspite of COVID-19, we kept working towards strategic sale of BPCL, IDBI Bank, Air India, which will be completed in 2021-22.

Niti Aayog has been asked to come up

Agriculture and rural development


Migrant workers and labourers


Education

1,00 Sainik Schools will be set up.

750 Eklavya schools will be set up in tribal areas.

A Central University will come up in Ladakh.

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