Budget presentation in Lok Sabha begins; 157 new nursing colleges, agricultural loan 20 lakh crore | National | Deshabhimani

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New Delhi> The last complete budget of the second government led by Narendra Modi has started. Finance Minister Nirmala Sitharaman started the budget presentation in the Lok Sabha at 11 am. The world sees India as a shining star – said the Finance Minister.

The Finance Minister stated in the budget that special funds will be provided for agriculture-related start-ups. Nirmala Sitharaman said that the Indian economy has progressed a lot due to the growth in digital payments.

Budget information

1. PM Garib Kalyan Anna Yojana scheme will continue for one more year. All Antyodaya customers will benefit. This project has an annual cost of Rs.2 lakh crore. It will be borne by the central government.

2. Horticulture package worth Rs.2,200 crore will come.

3. Special fund for agriculture related startups

4. Sickle cell disease will be completely eradicated by 2027

5. 2516 crores for computerization of primary cooperative societies. 63000 primary cooperatives will be digitized

6. 157 new nursing colleges

7. Finance Minister said that 2.2 lakh crore rupees have been distributed to 11.4 crore farmers

8. Agricultural loan 20 lakh crores

9. 2.40 Lakh Crores for Railways’

10. 50 more new airports.

11. 748 Ekalavya model schools in tribal area

12. 748 Ekalavya model schools in tribal area

13. 69000 crores for PM Awas Yojana

The Finance Minister said that this year’s budget has been divided into seven parts. The finance minister said that it will lead the country like Saptarshis during Amrita

The Finance Minister reached the Finance Ministry in the morning and met President Draupadi Murmu at the Rashtrapati Bhavan. After that, the budget came to Parliament for presentation.

The economic survey estimates that the current financial year will achieve seven percent growth. The growth will be up to 6.8 percent next year.

As this is the last full budget of the second Modi government, it is expected that there will be popular announcements. The finance minister had earlier hinted that the budget would be pro-middle class. Therefore, it is estimated that more relief can be expected in income tax.

This year’s budget presentation is in the context of global recession.



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