Professional Documents
Culture Documents
INDIA 2020-2021
PRESENTED BY
DIVYA CHAUDHARY
INTRODUCTION
The union Budget of India for 2020-2021 was presented by the Union Finance
Minister, Nirmala Sitharaman on 1st Feb. 2020 in the Lok Sabha.
This is the second budget presentation by Nirmala Sitharaman. Also, it is having
another importance that, it is the longest budget speech ever (2hours,41min) by the
Finance Minister.
objective
The core idea of the budget directing the Governance and Financial sector to the ease of living are –
Aspirational India, Economic Development, Caring Society.
Aspirational India : Agriculture, Irrigation, and Rural Development,
Wellness , Water and Sanitation,
Education and Skills,
Economic Development : Industry, Commerce, and investment,
Infrastructure, New Economy
Caring Society : Women and Child, Social Welfare,
Culture and Tourism, Environment and Climate Change
Expenditure of major items
Rupees Goes To :
Pensions 6%
Centrally Sponsored Schemes 9%
Subsidies 6%
Defense 8%
Interest Payment 18%
States’ Share of Taxes and Duties 20%
Finance and Commission and Other Transfers 10%
Central Sector Schemes 13%
Other Expenditures 10%
Policies related to focused sector
Agriculture
Agriculture credit target of 15 lakh cr for 2020-2021.
Financing on Negotiable Warehousing Receipts (e-NWR) to be integrated with e-NAM (National Agriculture
Market).
All eligible beneficiaries of the PM Kisan Scheme will now be covered under the Kisan Credit Card (KCC)
Scheme.
“Kisan Rail” and “Krishi Udaan” to be launched by Indian Railways and Ministry of Civil Aviation respectively
for a seamless national cold supply chain for perishables.
Fish production to be raised to 200 lakh tones by 2022
Scheme to develop Solar Power generation capacity on Barren Lands.
Doubling Milk Production
Viability Gap Funding for the creation of efficient warehouses on PPP mode.