Budget 2020-21 – Social Sector and Infrastructure
05, Feb 2020
Why in News?
- The Union Budget 2020-21 has been presented in the parliament recently. The key provisions related to the Social Sector and infrastructure sector has been discussed in brief below.
- 1. Agriculture Sector:
- Agri-credit availability set at ₹15 lakh crore for 2020-21.
- A budget allocation of ₹2.83 lakh crore for 16 action points.
- The action points include measures to provide farmers access to faraway markets by running trains (Kisan Rail) and flights (Krishi Udaan) and providing relief to farmers from water shortage.
- It will also include ‘One-Product One-District’for better marketing and export in the Horticulture sector. The scheme is already functional in Uttar Pradesh.
- The focus is also on Jaivik Kheti Portal(online national organic products market), Zero-Budget Natural Farming, PM-KUSUM.
- 2.Health Sector:
- An allocation of ₹69,000 crore for the health sector.
- Proposal to set up hospitals in Tier-II and Tier-III cities with the private sector using PPP model.
- Expansion of Jan Aushadhi Kendra Scheme to all districts by 2024.
- A task force to be appointed to recommend regarding steps required to lower the Maternal Mortality Rate (MMR) and Improving Nutrition.
- 3. Education:
- An amount of ₹99,300 crore has been allocated for the education sector and about ₹3,000 crore for skill development respectively.
- Degree-level full-fledged online education programmes by institutions ranked in the top 100 in NIRF rankings, especially to benefit underprivileged students.
- Urban local bodies to provide internship to young engineers for a year.
- Proposal to set up National Police University and a National Forensic Science University.
- IND SAT exam for students of Asia and Africa to promote “study in India” programme.
- 4. Infrastructure:
- Rs. 103 lakh crore’s for National Infrastructure Pipeline projects announced.
- An international bullion exchange to be set up at GIFT City.
- The budget has also announced that proceeds from divestment will go only into capital expenditure and not revenue expenditure.
- Budget proposes to provide ₹1.7 lakh crore for transport infrastructure in 2021.
- National Logistics Policy to be released soon.
- Chennai-Bengaluru Expressway to be started.
- Aims to achieve electrification of 27,000 km of railway lines.
- Plan to have a large solar power capacity for Indian Railways.
- 100 more airports will be developed by 2024 to support UDAN.
- 5 new smart cities in public-private partnership mode.
- 5. Culture and Tourism
- Five Archaeological Sites to be developed as Iconic Sites:
b)Hastinapur (Uttar Pradesh)
e)Adichanallur (Tamil Nadu)
- Proposal to Establish:
a)Indian Institute of Heritage and Conservation.
b)Maritime museum at Lothal (Gujarat).
c)Tribal Museum in Ranchi
d)A museum on Numismatics and Trade.