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5 6172466203102019825 PDF
5 6172466203102019825 PDF
Governance
Ease of Financial
sector
Living
Aspirational
sp a o a Economic
co o c
Caring Society
India Development
GOVERNANCE
STRUCTURAL REFORMS
IBC GST
• Honourable • 20 per cent reduction in turn around time for trucks.
exit through • Benefit to MSMEs through enhanced threshold and
IBC for composition
p limits.
companies. • Savings of about 4 per cent of monthly spending
for an average household.
• In last 2 years, 60 lakh new taxpayers added and
105 crore e-way bills generated
1
DIGITAL REVOLUTION
Shift to DBT Next wave
• During 2018- • Digital Governance.
19, `7 lakh crore • Improve physical quality of life through
t
transferred
f d N ti
Nationall Infrastructure
I f t t Pipeline
Pi li
through DBT. • Disaster Resilience.
• Social Security through Pension and
Insurance penetration.
INCLUSIVE GROWTH
• Governance guided by “Sabka Saath, Sabka Vikas, Sabka
Vishwas” with focus on:
• Preventive Healthcare: Provision of sanitation and water
• Healthcare: Ayushman Bharat
• Clean energy: Ujjawala and Solar Power
• Financial Inclusion,
Inclusion Credit support and Pension
• Affordable Hosuing
• Digital penetration
FINANCIAL SECTOR
2
Macroeconomic Indicators
GDP Growth Rate (per cent) CPI and WPI (per cent)
8.5
8 6
7.5
7 4
6.5
6 2
5.5
5 0
4.5
4-15
5-16
6-17
7-18
April-
2018-19
4
er)
-2
Decembe
2014
2015
2016
2017
2019-20(A
-4
CPI-C WPI
9,000
Net FDI CAD/Forex (per cent)
8,000
7,000 35
6,000 30
US $ Million
25
5,000
20
4,000
15
3,000
10
2,000
5
1,000
0
0
Oct-17
Oct-18
Oct-19
Apr-17
Apr-18
Apr-19
Jan-17
Jul-17
Jan-18
Jul-18
Jan-19
Jul-19
-1,000
53 3.5
Trends in Deficits Debt
ent)
nt)
52 3
External Debt (per cen
Central Government Debt (per ce
Percent of GDP
0.9 1.5
3.8 48
0.7 0.9 3.5 3.5 3.5 47 1
3.4 3.6
46 0.5
0.5 0.7 0.7 3.4
45 0
0.3 3.2
0 4 0.4
0.4 0 4 0.4
04 0.4
0.1 3.0
3
Tracking Progress in Numbers
Foreign Exchange Reserves (` crore) Gross Bank Credit (` Crore)
3320000 10000000
3270000 9000000
3220000 8000000
3170000 7000000
3120000 6000000
3070000 5000000
3020000 4000000
2970000 3000000
02-Aug-2019
16-Aug-2019
30-Aug-2019
13-Sep-2019
27-Sep-2019
11--Oct-2019
25--Oct-2019
08-Nov-2019
22-Nov-2019
06-Dec-2019
20-Dec-2019
03--Jan-2020
17--Jan-2020
2000000
1000000
0
Nov.24,Mar.
201730,Nov.23,
2018 Mar.29,
2018 Nov.22,
2019 2019
India is the 5th largest economy in the world in terms of GDP at current US $ Trillion.
USA CHINA
GERMANY 3.9
21.4
14.1 5.2
JAPAN
2.9
INDIA
All figures in US $
Trillion
4
Budget at a glance
Revenue Expenditure
p ((in ` Capital
p Expenditure
p ( ` crore))
(in
crore)
4,20,000
28,00,000
3,50,000
24,00,000
20,00,000 2,80,000
16,00,000 2,10,000
12,00,000
1,40,000
8,00,000
70,000
4,00,000
0 0
12,00,000
14,00,000 10,00,000
8 00 000
8,00,000
6,00,000
7,00,000
4,00,000
2,00,000
0 0
5
Budget at a Glance
Non Debt Capital
Rupee Comes From Receipts
6%
Borrowings and
Other Liabilities
20%
Income Tax
17%
Customs
4%
Corporation Tax
18%
GST
18%
Centrally
Rupee Goes To Sponsored
Pensions Schemes
6% 9%
Other
Expenditure Subsidies
10% 6%
Defence
8%
Central Sector
Schemes
13%
Interest
Payments
Finance 18%
Commission and
Other Transfers
10%
States' Share of
Taxes and Duties
20%
6
Tax proposals
Concessional corporate tax rate of 15 per cent to new domestic
companies in manufacturing and power sector.
Tax concession for sovereign wealth fund of foreign governments
and other foreign investments.
Tax benefits to Start-ups by way of deduction of 100 per cent of
their profits are enhanced by increasing turnover limit and
period of eligibility.
eligibility
Concessional tax rate for cooperatives proposed.
Turnover threshold for audit of MSMEs increased.
Extension of time limits pertaining to the tax benefits for
affordable housing.
Issuance of Unique Registration Number to all charity institutions
f easy tax
for t compliance.
li
Health cess to be imposed on imports of medical equipment
given these are made significantly in India.
8
Wellness, Water and Sanitation
• More than 20
20,000
000 empanelled hospitals under
PM Jan Arogya Yojana.
• FIT India movement launched to fight NCDs.
80
70 SBM ((` crore))
60
12294
50
40 9638
30
20
10
0
NFHS-3 NFHS-4
9
Education and Skills
• About 150 higher educational institutions will start
apprenticeship embedded courses.
• I t
Internship
hi opportunities
t iti tto fresh
f h engineers
i b urban
by b local
l l
bodies.
• Special bridge courses to improve skill sets of those seeking
employment abroad.
Operation Digital
Board
32
0 10 20 30
New Economy
• Knowledge Translation Clusters for emerging technology sectors
• Scaling up of Technology Clusters harbouring test beds and small
scale manufacturing facilities.
• National Mission on Quantum Technologies and applications with an
outlay of Rs.8000 crore proposed.
10
Industry, Commerce and Investment
• Scheme to encourage manufacturing of mobile
phones, electronic equipment and semi conductor
packaging.
packaging
• National Technical Textiles Mission for a period of 4
years.
CORPORATE TAX RATE CUT
Thailand 20
India 22
Japan 23.2
Bangladesh 25
Indonesia 25
China 25
Sri Lanka 28
Philippines 30
0 10 20 30
11
Infrastructure
• National Logistics Policy to be launched soon
soon.
• Roads: Accelerated development of Highways.
• Railways: Four station redevelopment projects
• 150 passenger trains through PPP mode.
• More Tejas type trains for tourist destinations.
• Port: Corporatizing
p g at least one major
j p port.
• Air: 100 more airports to be developed under
UDAAN.
12
Caring Society
Women & Culture and Tourism Environment
child, social • Proposal to establish and Climate
Welfare Indian Institute of Change
• More than 6 Heritage and • Coalition for
lakh conservation. Disaster
anganwadi • 5 archaeological Resilient
workers sites to be developed Infrastructure
equipped as iconic sites. launched in
with smart • A museum on September
phones. Numismatics and 2019.
• A task force Trade to be • Encouragem
to be established ent to states
appointed to • Tribal museum in implementing
recommend Ranchi . plans for
regarding • Maritime museum to cleaner air in
lowering be set up at Lothal. cities above 1
MMR and million.
improving
nutrition
levels.
Tourism promotion
(` crore)
2500
2020-21 (BE)
2020-21 (BE)
13
Budget Allocation to Major Schemes
In ` Crore
80000
70000
7000
60000
6000
50000 5000
40000 4000
30000 3000
2000
20000
1000
10000 0
0 2019-20 RE 2020-21 BE
2019-20 RE 2020-21 BE
ICDS
DBT LPG 29000
28000
27000
2020-21 BE
26000
2019-20 RE 25000
24000
0 10000 20000 30000 40000
23000
2019-20 2020-21
RE BE
Pradhan Mantri
Awas Yojana
28000
27500 Pradhan Mantri Gram
27000
26500
Sadak Yojana
26000
25500
5500 2020-21 BE
25000
24500 2019-20 RE
24000
0 5000 10000 15000 20000
2019-20 RE 2020-21 BE
15
Expenditure of major items
In ` Crore
Ministry of Consumer
Rs. 124535
Affairs, Food and Public
Distribution
14