Top highlights from the Budget 2021

Renouncing the traditional briefcase and opting for a bahi khata, wrapped in a silk bag, was sufficient to understand the matter of importance in this year’s Union Budget: the Atma Nirbhar Bharat.

- Jyotsna Joshi

The announcements made in the Union Budget 2021 by the Finance Minister will cater to the needs of all the vital sectors of the economy and will help build a progressive nation as a whole.

This ‘holistic development approach of the government is visible in each of it’s strategy and announcement for building an AtmaNirbhar Bharat in every sense: creating an environment to do business, bringing-in investment, inviting global corporates to setup units, developing infrastructure, investing in raising standard of living (by allocating budget for Swachh and Swasth Bharat etc).

ATMA NIRBHAR BHARAT

• To take ahead the Atmanirbhar Bharat Mission estimated by RBI at Rs 27.1 lakh crore, amounting to 30 percent of GDP.

• 6 Pillars identified for Atmanirbhar Bharat: Health & Well-Being, Inclusive Development, Human Capital, Innovation And R&D.

HEALTH SECTOR

• The government has announced a new central healthcare scheme The Pradhan Mantri Atma Nirbhar Swasthya Bharat Yojana, which will operate in addition to the existing National Health Mission, has been allocated around Rs 64,180 crore.

• PM Aatmanirbhar Swastha Bharat to be launched with an outlay of 64,180 Cr over 6 years.

• And will mainly focus on reduction of single-use plastic, air pollution and segregation of waste.

• Government to launch Mission Poshan 2.0; also, Jal Jeevan Mission Urban will be launched.

• The Urban Swachh Bharat scheme will be implemented with an outlay of over Rs 1.4 lakh crore.

INFRASTRUCTURE SECTOR