Gist

BUDGE
of

2021-
T
2022

`
www.iasscore.in
 UNION BUDGET 2021-22

The Ministry of Finance presented the Union

Budget 2021-22 in Parliament, which is the
first budget of this new decade and also a
digital one in the backdrop of unprecedented
COVID-19 crisis.

This Budget assumes great significance as

it comes amid the novel coronavirus
pandemic, which has led to massive
economic disruption in India and around
the world.

2 GIST OF BUDGET
2021-2022
Major Pillars
of the Budget
The first-ever
paperless budget in a
post-COVID India rests
on 6 major pillars

Health & Inclusive Development Innovation

for Aspirational and
Wellbein India R&D
g

Physical & Reinvigorating Minimum

Financial Capital, Human Government
and Capital and
Infrastructure Maximum
Governance

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 Major Pillars of the Budget # 1

Health
& Wellbeing
Steps being taken for improving Health &
Wellbeing:

Vaccines
` 35,000 crore for COVID-19 vaccine in BE 2021-
22

Health Systems
` 64,180 crore outlay over 6 years for PM Aatma Nirbhar
Swasth Bharat Yojana – a new centrally sponsored scheme to
be launched, in addition to NHM.

PM ATMANIRBHAR
SWASTH BHARAT
YOJANA
L PM Atma Nirbhar PM Aatma Nirbhar
Swasth Bharat Yojana Swasth Bharat
is a new centrally Yojana:
➤ National Institution
sponsored scheme. for One Health
L Outlay: of about ➤ 17,788 rural and
64,180 crores over 6 11,024 urban Health
years. and Wellness Centers
➤ Regional Research
L This will be in
Platform for WHO
addition to the South- East Asia
National Health Region
Mission.
L Main interventions
4 GIST OF BUDGET under
2021-2022
Nutritio
n
Mission Poshan 2.0 to be launched to strengthen nutritional
content, delivery, outreach, and outcome.

Universal Coverage of Water Supply

The total o u t l a y pr opo s ed for t h e a n n o u c e d J al
Jeevan Mi ssi on (Urban) i s ` 2 , 8 7 , 0 0 0 crore. The
m i s s i o n a i m s to p ro vi d e:

2.86 crore household tap connections

Universal water supply in all 4,378 Urban Local
Bodies
Liquid waste management in 500 AMRUT cities

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 Swachch Bharat, Swasth Bharat
` 1,41,678 crore over 5 years for Urban Swachh Bharat
Mission 2.0

Clean
Air
` 2,217 crore to tackle air pollution, for 42 urban centers with a
million-plus population.

Scrapping Policy
Voluntary vehicle scrapping policy to phase out old and unfit
vehicles 1’ Fitness tests in automated fitness centres:
After 20 years in case of personal vehicles
After 15 years in case of commercial
vehicles

6 GIST OF BUDGET
2021-2022
Major Pillars of the Budget # 2

Physical & Financial

Capital and
Infrastructure
Production Linked Incentive
Scheme (PLI)
With an aim to create jobs for youth, `1.97 lakh crore h as been
announced over 5 years starting this FY, for Production Linked
Incentive Schemes to create manufacturing global champions
for an Atmanirbhar Bharat. It aim s to:
To create and nurture manufacturing global champions for
an AtmaNirbhar Bharat
To help manufacturing companies become an integral
part of global supply chains, possess core competence
and cutting-edge technology.

Textiles
o Mega Investment Textiles Parks (MITRA) Scheme, in
addition to PLI
o 7 Textile Parks to be established over 3 years

Infrastructur
eNational Monetization Pipeline of potential brownfield
infrastructure assets to be launched
Scheme at a cost of `18,000 crore for augmentation of public
bus transport services to be launched

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 Comprehensive National Hydrogen Energy Mission to be
launched
Seven port projects worth more than ` 2,000 crore to be offered
by major ports in P P P Mode
Scheme for promoting flagging of merchant ships in India
to be launched
Ship Recycling Capacities of around 4.5 million
Light Displacement Tonnage to be doubled by 2024

Railway
Infrastructure
o `1,10,055 crore for Railways of which `1,07,100 crore is
for capital expenditure
o Railways to monetize dedicated freight corridor assets for
O&M (Operation and maintenance) Program.
o 100% electrification of rail broad gauge routes to be
completed by December 2023
o National Rail Plan for India (2030): to create a future ready
“Railway system by 2030”
o 100% electrification of Broad-Gauge routes to be
completed by December, 2023
o Broad Gauge Route Kilometers (RKM) electrification to
reach 46,000 RKM, i.e. 72% by end of 2021
o Western Dedicated Freight Corridor (DFC) and Eastern DFC
to be commissioned by J u n e 2022, to bring down the
logistic costs – enabling ‘Make in India’ strategy.

Roads and Highways Infrastructure

o ` 1,18,101 lakh crore, highest ever outlay, for Ministry of
Road Transport and Highways – of which `1,08,230 crore
is for capital

8 GIST OF BUDGET
2021-2022
o Under the `5.35 lakh crore Bharatmala Pariyojana, more
than 13,000 km length of roads worth `3.3 lakh crore
awarded for construction:
□ 3,800 km have already been constructed
□ Another 8,500 km to be awarded for construction by
March 2022

Power Infrastructure
o 139 Giga Watts of installed capacity and `1.41 lakh
circuit km of transmission lines added, and additional
2.8 crore households connected in past 6 years
o Consumers to have alternatives to choose the Distribution
Company for enhancing competitiveness
o A comprehensive National Hydrogen Energy Mission 2021-
22 to be launched

Petroleum & Natural

Gas
o Extention of Ujjwala Scheme to cover 1 crore more
beneficiaries.
o To add 100 more districts to the City Gas Distribution
network in next 3 years.
o A new g a s pipeline project in J&K.

Financial Capital
o A single Securities Markets Code to be evolved
o Support for development of a world cl ass Fin-Tech hub at
the GIFT-IFSC

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