The 9nth Budget of Modi Government

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A new centrally funded scheme, PM Swasthya Yojana, with an outlay of Rs 64,180 cr will be launched in addition to the existing schemes to develop primary, secondary and tertiary healthcare,” says Finance Minister Sitharaman.

The 2021-22 outlay (budget estimate) for health and well-being is up 138%, at Rs 2,23,846 cr. Of this, Sitharman announced that Rs 35,000 crore will be spent on the Covid-19 vaccine. She announced that she is committed to spending more if needed.Seven ‘Textile Parks’ to be developed in the next 3 year.

This is the ninth budget under the Modi government, including an interim one.FM Sitharaman announces voluntary scrapping policy for Vehicles. Fitness test after 20 years for personal vehicles; after 15 years for commercial vehicles. Rs 95,000 crore to be spent on roads in West Bengal, announces Finance Minister Sitharaman – the announcement for the state of Bengal got the loudest thumping of desks, this as the state goes to polls in a few months.

Sitharaman has raised hopes by stating that Budget 2021-22 will “be a Budget like never before.” Expectations are high that the government will boost economic revival by focusing on infrastructure, healthcare, agriculture, rural economy, MSMEs sectors impacted by the Covid-19and lockdown restrictions.

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