6 pillars:health and well-being,physical,financial capital and infrastructure,inclusive development for aspirational India,reinvigorating human capital,innovation and R&D & minimum government and maximum governance.Deficit is higher than 3.5% projected.
Personal income tax slabs remain as is.
Includes a ₹60,030 crore outlay on drinking water and sanitation,a ₹2,700 crore outlay on nutrition,₹35,000 crore toward vaccination etc.The new scheme meant to strengthen the health system,will be launched with an outlay of Rs 64,180 crore over six years.
Outlay for health and well-being is Rs 2,23,846 crore in 2021-22
Increase in FDI limit in insurance from 49% to 74% & allow foreign ownership and control with safeguards;provision of Rs 20,000 crore for PSB recapitalisation in 2021-22;bad bank-like structure through ARC and AMC to be set up To Resolve NPAs.
IPO of LIC as part of Rs 1.75-lakh-crore disinvestment plan
Fitness test after 20 years for personal vehicles & 15 years for commercial vehicles.Rs.1.97 lakh cr in next 5 years for PLI schemes in 13 Sectors;Rs.2,217 crore to tackle air pollution for 42 urban centres with a million-plus population.
7 Textile Parks to be established over 3 years
Measures announced include:Rs.20,000 crore to set up & capitalise a Development Financial Institution(DFI);National Asset Monetization Pipeline to be launched;Rs. 5.54 lakh crore capital expenditure in BE 2021-22 – sharp increase of 34.5% over BE 2020-21.
NIP jointly funded:central 39%, state 40% & private sector 21%.
Greater focus on grants-in-aid(recommended ₹2.95 lakh crore to 17 states over 2021-26); ₹2.38-lakh crore for Defence modernisation;called for a major restructuring of the FRBM Act;Rs 30,757 crore allocated to Jammu and Kashmir and Rs 5,958 crore for Ladakh
Allocates Rs 1.5 lakh crore in grants to urban local bodies
He said this Hackathon will provide a unique opportunity to India and ASEAN broad themes of "Blue Economy" and "Education"& will be an enactment of six fundamental virtues of our civilisation: respect, dialogue, cooperation, peace, prosperity & innovation
The Hackathon is an initiative taken by Ministry of Education.
World Wetlands Day occurs annually on February 2 since 1997, marking the date of the adoption of the Convention on Wetlands on February 2, 1971 when a small group of environmentalists signed an international agreement at the Ramsar Convention in Iran.
2021 theme:Wetlands and Water
Report highlights the role of finance in this & also identifies a market size of $50 billion (Rs 3.7 lakh crore) for financing of EVs in 2030 –about 80% of current size of India’s retail vehicle finance industry,estimated to be worth Rs.4.5 lakh crore.
Report title:Mobilising Finance for EVs in India.
Was inaugurated over an area of 3 acres in Uttarakhand's Nainital district by Ajay Singh Rawat,a noted environmentalist.Trees preserved include:Kafal,Buransh,Tejpat,Sanjeevani etc.Exotic species:Queensland Kauri Pine,Atlas Cidar,Montezuma Cypress etc.
Shivalik literally means 'tresses of Shiva'
The event comes a day before Aero India 2021 opening.Delivery of Tejas LCA to the Indian Air Force under a Rs 48,000-crore deal will begin from March 2024 & around 16 aircraft will be rolled out annually till the completion of the total supply of 83 jets.
Hindustan Aeronautics Limited:
CMD:R Madhavan;
HQ:Bengaluru.