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Union Budget 2021: Rs 2.87 lakh cr outlay for `Jal Jeevan Mission,` announces FM Nirmala Sitharaman
The Narendra Modi government on Monday announced the `Jal Jeevan Mission` with an outlay of Rs 2.87 lakh crore for 4,378 urban local bodies. Presenting the Union Budget for 2021-22, Finance Minister Nirmala Sitharaman further said that the `Swachh Bharat 2.0` will be implemented with an outlay of Rs 1,41,678 crore over a period of five years. In order to boost manufacturing in India, the Finance Minister also announced a production linked incentive (PLI) scheme with an outlay of Rs 1.97 lakh crore for 5 years starting this fiscal.
Highlights
- FM Nirmala Sitharaman on Monday announced Rs 2.87 lakh cr Budget outlay for ‘Jal Jeevan Mission
- FM Sitharaman said that the ‘Swachh Bharat 2.0’ will be implemented with an outlay of Rs 1,41,678 crore over a period of five years.
- In order to boost manufacturing in India, the FM also announced a production linked incentive (PLI) scheme with an outlay of Rs 1.97 lakh crore for 5 years starting this fiscal
New Delhi: The Narendra Modi government on Monday announced the ‘Jal Jeevan Mission’ with an outlay of Rs 2.87 lakh crore for 4,378 urban local bodies.
Presenting the Union Budget for 2021-22, Finance Minister Nirmala Sitharaman further said that the ‘Swachh Bharat 2.0’ will be implemented with an outlay of Rs 1,41,678 crore over a period of five years. In order to boost manufacturing in India, the Finance Minister also announced a production linked incentive (PLI) scheme with an outlay of Rs 1.97 lakh crore for 5 years starting this fiscal.
A scheme of mega-investment textiles park in addition to PLI scheme will be launched, Sitharaman said, adding the government will also introduce a bill to set up a development financial institution with an outlay of Rs 20,000 crore.
The Finance Minister also announced a new Centre-sponsored scheme with an outlay of Rs 64,180 crore to boost healthcare infrastructure across the country amid ongoing COVID-19 pandemic.
Tabling the Union Budget 2021-22, she said the Prime Minister Atmanirbhar Swasthya Bharat Yojana will develop the capacity for primary, secondary, and tertiary care health systems in the country. Sitharaman said that the main interventions under the scheme will support over 17,000 rural and 11,000 urban wellness centres.
"Even at the outset investment in health infrastructure in this budget increased substantially progressively as institutions observe more. Taking a holistic approach, we focus on strengthening three areas- preventing, curative and well being. Health system a new Centrally sponsored scheme PM Atmanirbhar Swasthya Bharat Yojana will be launched with an outlay of Rs 64,180 crore," she said.
"Over six years, this will develop the capacity for primary, secondary, and tertiary care health systems and strengthen national institutions and create new institutions to cater and cure new and emerging diseases. This will be in addition to the National Health Mission," she added.
The Finance Minister said that the Budget proposals for 2021-22 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, minimum government, and maximum governance.Sitharaman said that the total financial impact of all Atma Nirbhar Bharat packages, including measures taken by RBI, was estimated to be about Rs 27.1 lakh crore, with an amount of more than 13 per cent of GDP.
“When I presented the budget 2020-21, we could not have imagined that the global economy already.. in slowdown would be pushed into an unprecedented contraction. We could not have imagined then that our people as those in other countries would have to endure the loss of near and dear and suffer hardships due to the health crisis. The risk of not having a lockdown was far more and far too high," she said.
The Minister pointed out that within 48 hours of declaring a three-week lockdown, the Prime Minister announced PM Garib Kalyan Yojana valued at Rs 2.76 lakh crore that provided free food, free food grain to 800 million people, free cooking gas for 80 million families for months, and cash directly to over 400 million farmers, women, elderly, poor and needy.
"In May 2020, the government announced the Aatma Nirbhar Bharat package to sustain the recovery further into the year. We also rolled out two Aatma Nirbhar Bharat packages. The total financial impact of all Aatma Nirbhar Bharat packages, including measures taken by RBI, was estimated to be about Rs 27.1 lakh crore,’’ the Finance Minister said.