1)People of India have unequivocally given their support to policies of the Narendra Modi govt.This Budget aims to address aims, aspirations of people.Fundamentals of economy strong, inflation well contained, banks cleaned up accumulated loans.
2)I pay homage to the visionary leader late Shri Arun Jaitley. GST most historic reform. Simplified return for GST being introduced from April 2020.
3)7.4 pc growth surpassed in 2014-19 with average inflation of 4.5 pc.
4)We shall strive to bring ease of living for every citizen.
5)India is now 5th largest economy in world.Central Govt debt reduced to 48.7% of GDP from 52.2 per cent in March 2014.
6)Budget woven around aspirational India, economic development and caring society.
7)India uplifted 271 million people out of poverty.
8)Aim is to achieve seamless delivery of services through digital governance.
9)Everything that we do, speak through budget, everything that govt does is for country.
10)We have insured 6.11 crore farmers under Pradhan Mantri Fasal Bima Yojna.
11)Under ‘Aspirational India’, first point is agriculture, irrigation and rural devp.
12)Govt proposes 16-point action plan to boost agriculture and farmers welfare.
13)20 lakh farmers to be provided funds for setting up standalone solar pumps. Farmers to be allowed to set up solar units on barren/fallow lands; supply power to grids.
14)Govt proposing comprehensive measures for 100 water stressed districts.
15)States asked to adopt 3 central model laws on agri land leasing, marketing and contract farming.
16)Govt proposes plans to help farmers use proper manure and little water, encourage balanced use of fertilizers. FCI and Warehousing Corporation of India to build warehousing facility on their land.
17)NABARD will map and geo-tab 162 mn tonne capacity agri warehouses across country.
18)Self Help Groups will be allowed to set up village agri storage facilities.
19)Krishi Udaan to be launched by Civil Aviation Ministry.
20)Indian Railways to set up Kisan Rail in PPP mode.
21)NABARD refinance scheme will be expanded. One horticulture crop in one district on cluster basis will be promoted.
22)Fish production to be raised to 200 lakh tonnes by 2022. Youth and fishery extension work to be enabled by rural youth as ‘Sagar Mitras’.
23)ALLOCATION FOR SWACHH BHARAT FOR 2020-21 STANDS AT RS 12,300 CRORE.
24)Govt proposes Rs 3.6 lakh crore towards piped water supply to households.
25)Centre to announce new education policy soon; govt received over 2 lakh suggestions on it.
26)WE PROPOSE RS 99300 CRORES FOR EDUCATION SECTOR IN 2020-21 AND RS 3000 CRORES FOR SKILL DEVELOPMENT.
27)Steps to be taken to attract external commercial borrowing, FDI in education sector.
28)Govt proposes to start programme for urban local bodies to provide opportunities for internship to young engineers.
29)National Police University and National Forensic University are being proposed.
30)A degree-level full-fledged online education prog to be offered by institutes in top 100 in National Institutional Ranking Framework.
31)Special bridge courses to be designed for teachers, nurses, para medical staff, caregivers.
32)Propose to set up Investment Clearance Cell to give investors free investment advisory, land banks and facilitate clearances even at state level.
33)Milk processing capacity to be doubled by 2025.
34)Propose National Technical Textile mission with an outlay of Rs 1,480 crore over 4 years to cut down imports.
35)Rs 27,300 crore provided for development and promotion of industry and commerce.
36)Digital refund of duties and taxes of Centre, states and local bodies to exporters from this year.
37)Delhi-Mumbai Expressway to be completed by 2023, Chennai-Bengaluru Expressway to be launched.High-speed train between Mumbai and Ahmedabad will be actively pursued.
38)1,150 trains to be run in PPP mode, also 4 stations to be redeveloped with help of private sector.
39)100 more airports to be developed by 2025.
40)Govt to consider corporatisation of at least one major port and listing it on stock exchanges.
41)RS 1.7 LAKH CR PROVIDED FOR TRANSPORT INFRASTRUCTURE IN 2020-21.
42)Govt proposes discoms replace conventional meters with smart pre-paid meters, option to consumers to choose electricity suppliers.
43)RS 22,000 CRORE TO POWER AND RENEWABLE ENERGY SECTOR IN 2020-21.
44)Natural gas pipeline grid to be expanded to 27,000 km from over 16,000 km now.
45)Govt to bring out policy for data centre parks throughout country.
46)All public inst.at gram panchayat levels to be connected digitally.
47)Fiber to home through BharatNet to link 1 lakh gram panchayats.
48)Govt allocates Rs 28,600 crore for programmes specifically for women.
49)150 higher institutes to start apprentice training for general category students.
50)Rs 35,600 cr allocated for nutritional related programme in FY21.
51)Task force to be set up to recommend marriageable age for women.
52)Rs 85,000 crore allocated for SCs and OBCs in Budget for FY 2020-21. 53,700 crore rupees for STs.
53)Rs 9,500 crore provided for senior citizens and Divyangs.
54)ALLOCATE RS 2.83 LAKH CRORE FOR AGRI AND ALLIED ACTIVITIES.
55)5 archaeological sites to be developed as iconic sites with on-site museum.
56)IND-SAT exam to provide scholarship to Asian, African students to study in India.
57)GOVT ALLOCATES RS 3,150 CR FOR MINISTRY OF CULTURE, RS 2,500 CR FOR MINISTRY OF TOURISM.
58)Power plants with emissions above prescribed limits will be asked to close down.
59)Indian Institute of Heritage and Culture to be established.
60)Rs 4,400 crore allocated for states that work towards clean air.
61)National Security is top priority for this govt.
62)Tax payer charter will be part of statute. Tax harassment cannot be tolerated.
63)Govt proposes amendments in Companies Act to decriminalise civil offences.
64)Allocation of Rs 30,757 crores for 2020-21 for JK and Rs 5,958 crores for Ladakh.
65)Rs 100 crore allocated for hosting G-20 Summit.
66)Govt proposes major reform in recruitment of non-gazetted staff.
67)National Policy on statistics to be brought in.
68)Robust mechanism is in place to monitor health of all schedule commercial banks and depositors money is absolutely safe.
69)Rs 3.50 lakh cr infused as capital in public sector banks in past years.
70)DEPOSIT INSURANCE FOR DEPOSITORS INCREASED TO RS 5 LAKH FROM RS 1 LAKH.
71)Balance govt holding in IDBI banks to be sold to pvt retail investors.
72)Govt proposes amendments to facilitate separation of govt pension trust from PFRDA.
73)Need for greater private capital in banks.
74)Govt has asked RBI to extend Debt restructuring window for MSME by a year to March 31, 2021.
75)National Recruitment Agency to be set up for conducting common online eligibility tests for recruitment to non- gazetted posts.
76)Govt proposes to increase investment limit of FPIs in corporate bonds from 9 pc to 15 pc.
77)Govt proposes to sell a part of its holding in LIC by initial public offer.
78)To address liquidity constraints of NBFCs and housing finance corporations, partial credit guarantee scheme to be launched by govt.
79)Certain govt securities will be open for foreign investors.
80)International bullion exchange to be set up in IF SC GIFT City.
81)Amendments to be made to enable NBFCs to extend invoice financing to MSMEs.
82)RE EXPENDITURE FOR FY20 AT RS 26.99 LAKH CR, RECEIPTS AT RS 19.32 LAKH CR.
83)NOMINAL GDP GROWTH FOR 2020-21 ESTIMATED AT 10 PER CENT.
84)RECEIPTS FOR 2020-21 PEGGED AT RS 22.46 LAKH CR, EXPENDITURE RS 30.42 LAKH CR. FISCAL DEFICIT PEGGED AT 3.8 PC IN CURRENT FISCAL AND 3.5 PC IN NEXT. ALL FLAGSHIP SCHEMES OF GOVT ARE PROVIDED FOR IN BUDGET.
85)Net market borrowings would be Rs 4.99 lakh cr in FY 20; Rs 5.36 lakh cr in next fiscal.
