The General Budget of the country is being presented in Parliament in the morning on Monday, February 1. Earlier, Finance Minister Nirmala Sitharaman and Minister of State for Finance Anurag Thakur reached the Finance Ministry and held a meeting with the officials. After this, both went to Rashtrapati Bhavan and took permission from the President to present the budget there. Then the budget was approved to be presented at the Cabinet meeting in Parliament House. This time the Finance Minister will present the budget through the Swadeshi tablet instead of the ledger. At the same time, the Finance Ministry has launched an app through which the citizens and Members of Parliament can view the budget documents. While presenting the budget in Parliament, the Finance Minister said that this budget has been prepared in difficult circumstances.
Digital payment will be encouraged
The government allocated Rs 1,500 crore to promote digital payments in the country. This amount will be spent as an incentive for digital payment. Goa Diamond Jubilee Celebrating Celebration. We will give 300 crore rupees for this. 1000 crores will be given to tea workers in Assam and West Bengal.
Financial loss estimated at 6.8 percent
The fiscal deficit is estimated to be 6.8 percent. For this, the government will need 80 thousand crores, which will be taken from the market in the next two months. Emergency Fund Rs 30,000 crore. The expenditure target for the financial year has been set at 34.5 lakh crore.
The next census process will be digital
The next census process will be digital. For this, the government will give Rs 3760 crore. One thousand crore rupees to tea garden workers.
100 new military schools to be built
The National Education Policy has been wholeheartedly accepted. 100 new military schools to be built. For this, the help of the private sector will be taken. Higher Education Commission will be formed. The law will be amended for this. Announcement of 35 thousand crores for 4 crore scheduled caste students. Work on skill training in association with UAE. India and Japan jointly run a project. Declaration of creation of Central University in Leh. Eklavya schools will be opened in tribal schools.
Portal will be made for migrant laborers
One country-one ration scheme for migrant laborers started across the country. A portal will be started, which will contain data related to migrant laborers.
PLI will start from this financial year
1.97 lakh crore rupees will be spent on production-based planning (PLI) in the next five years starting this financial year.
Portal will be made for migrant laborers
One country-one ration scheme for migrant laborers started across the country. A portal will be started, which will contain data related to migrant laborers.
PLI will start from this financial year
1.97 lakh crore rupees will be spent on production-based planning (PLI) in the next five years starting this financial year.
Purchases from farmers doubled in seven years
The number of wheat-growing farmers in the country has doubled. The big announcement in the budget for farmers. Attempt to give one and a half times more than the cost. Gave more than 75 thousand crores to the farmers. Aim to double farmers' returns. The Modi government transferred nearly three times the amount from the UPA government to the farmers' accounts. Help from farmers in every sector on behalf of the Modi government. Increased MSP of other crops including pulses, wheat, paddy.
Several PSUs will be disinvested next year
Several PSUs will be disinvested next year. The law will be amended for disinvestment. The process of disinvestment will be accelerated. The government is going to make a policy to close some government companies so that they can be closed in time. The Finance Minister announced the launch of LIC's IPO in the new financial year.
FDI up to 74% in the insurance sector
Now up to 74% FDI in the insurance sector. Earlier, only 49 percent was allowed here. Also announced the creation of a charter for investors.
Gas pipeline scheme will be started in Jammu and Kashmir
The gas pipeline scheme will also be started in Jammu and Kashmir. One crore more beneficiaries will be added under the Ujjwala scheme. So far 8 crore people have been given this help. 100 new cities will be added to City Gas Distribution.
Declaration for Power Sector
Also announced for the power sector. Scheme launched by the government costing more than Rs 3 lakh crore. Emphasis on strengthening the power connected infrastructure. The government also announced to build a hydrogen plant. In the power sector, many projects will be completed under the PPP model.