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BUDGET 2020-21, Def Budget - Coggle Diagram
BUDGET 2020-21
Theme 3:
A Caring Society
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Banking Sector
- Taxpayer charter will be enshrined in the statutes
- National Recruitment Agency will be constituted for banks
- Deposit insurance cover to incr from Rs 1 lakh to Rs 5 lakh
Climate - Rs 4,400 crore to promote clean air in cities
Fund Allocation
Rs 85,000 crore- Devp of SCs and OBCs
Rs 53,700 crore- STs development
Rs 35,600 crore- Nutrition-related pgme
Rs 9,000 crore- Sr citizens and pers with disabilities
MSME & Corporate Sector
- New scheme for MSMEs
- FPI Limit in Corporate bond incr to 15%.
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Theme 2:
Economic Devp
Tpt Infrastructure
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Bengaluru Suburban Rail Proj- Rs 18,600 crore
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Energy
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Rs.8,000 crore in next 5 yrs - “National Msn on Quantum Tech and Applns”.
Rs 22,000 crore- Power and Renewable Energy Sector
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Industry, Commerce
& Investment
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Rs 27,300 crore for devp of industry and commerce
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Intro
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Comes into eff - beginning of the financial year, that is 01 Apr
N. Sitharaman began Budget speech by reciting a Kashmiri poem pointing towards a united and blooming India.
Languages used: Hindi, English, Kashmiri, French, Tamil
Def Budget
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Total Def Allocation: Rs 4,71,378 crore
Def Allocation (w/o pension): Rs 3,37,553 crore Def Pension: Rs 1,33,825 crore
Modernisation Budget - Rs 90,649 Crore