இந்தக் கட்டுரையினை தமிழில் படிப்பதற்கு இங்கே சொடுக்கவும்
- The Minister of Finance presented the Union Budget 2021-22.
- This was the first ever digital Union Budget.
- The Budget proposals for this financial year 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, and
- 'Minimum Government, Maximum Governance'.
- The first Budget of Independent India was presented in 1947.
- Budget outlay for Health and Wellbeing in 2021-22 as against 2020-21 is an increase of 137%.
Health and Sanitation:
- A new scheme, titled PM Atma Nirbhar Swasthya Bharat Yojana, is to be launched to develop primary, secondary and tertiary healthcare.
- Mission POSHAN 2.0 will be launched to improve nutritional outcomes across 112 aspirational districts.
- Operationalisation of 17 new public health units at points of entry of existing health units at 32 airports, 15 seaports and land ports.
- Jal Jeevan Mission Urban aimed at better water supply nationwide will be launched.
- Strengthening of Urban Swachh Bharat Mission.
- 100 new Sainik Schools is to be set up.
- 750 Eklavya schools is to be set up in tribal areas.
- A Central University is to come up in Ladakh.
- Vehicle scrapping policy to phase out old and unfit vehicles.
- Under this all vehicles to undergo fitness test in automated fitness centres every 20 years (personal vehicles), every 15 years (commercial vehicles).
- Highway and road works are announced in Kerala, Tamil Nadu, West Bengal and Assam.
- National Asset Monetising Pipeline will be launched to monitor asset monetisation process.
- National Rail Plan will be created to bring a future ready Railway system by 2030.
- 100% electrification of Railways is to be completed by 2023.
- Metro services are announced in 27 cities, plus additional allocations for Kochi Metro, Chennai Metro Phase 2, Bengaluru Metro Phase 2A and B, Nashik and Nagpur Metros.
- National Hydrogen Mission is to be launched to generate hydrogen from green power sources.
- Recycling capacity of ports is to be doubled by 2024.
- Gas pipeline project is to be set up in Jammu and Kashmir.
- Pradhan Mantri Ujjwala Yojana (LPG scheme) is to be extended to cover 1 crore more beneficiaries.
- No IT filing for people above 75 years who get pension and earn interest from deposits.
- Reopening window for IT assessment cases was reduced from 6 to 3 years.
- However, in case of serious tax evasion cases (Rs. 50 lakh or more), it can go up to 10 years.
- Affordable housing projects is to get a tax holiday for one year
- Compliance burden of small trusts, whose annual receipts does not exceed Rs. 5 crores, are to be eased.
- Duty of copper scrap reduced to 2.5%.
- Custom duty on gold and silver is to be rationalised.
- Duty on naphtha reduced to 2.5%.
- Duty on solar inverters raised from 5% to 20%.
- Duty on solar lanterns raised from 5% to 15%.
- All nylon products will be charged with 5% customs duty.
- Tunnel boring machines is to attract customs duty of 7%
- Customs duty on cotton raised from 0 to 10%
- Agriculture infrastructure and development cess is proposed on certain items including urea, apples, crude soyabean and sunflower oil, crude palm oil, kabuli chana and peas.
Economy and Finance:
- Fiscal deficit stands at 9.5% of the GDP; It is estimated to be 6.8% in 2021-22.
- There is a Proposal to allow States to raise borrowings up to 4% of GSDP this year.
- A Unified Securities Market Code is to be created by consolidating provisions of the SEBI Act, Depositories Act, and two other laws.
- Proposal to increase FDI limit from 49% to 74%.
- An asset reconstruction company will be set up to take over stressed loans.
- Deposit insurance increased from Rs 1 lakh to Rs 5 lakh for bank depositors.
- Two PSU bank and one general insurance firm is to be disinvested this year.
- An IPO of LIC is to debut this fiscal year.
- Strategic sale of BPCL, IDBI Bank, Air India is to be completed.
- Agriculture infrastructure fund is to be made available for APMCs for augmenting their infrastructure.
- 1,000 more Mandis are to be integrated into the E-NAM market place
- Five major fishing hubs, including Chennai, Kochi and Paradip, are to be developed
- A multipurpose seaweed park is to be established in Tamil Nadu.
- A portal is to be launched to maintain information on gig workers and construction workers.
- Social security is to be extended to gig and platform workers.
- Margin capital required for loans via Stand-up India scheme reduced from 25% to 15% for SCs, STs and women.