Budget Highlights 2021
Proposes introduction of Aatmanirbhar health programme with an outlay of Rs 64,180 cr; to set up 15 Health Emergency Centres
To launch Jal Jeevan Mission Urban outlay of Rs 2.8 lakh cr over 5 yrs
To launch Mission Poshan 2.0
Rs 35,000 crore more allocated to Covid 19 vaccines in 2021-22; committed to providing more funds
It has added comfort to know that 2 more Covid vaccines are also expected soon
PM Garib Kalyan Yojana, the three Aatma Nirbhar Bharat packages and subsequent announcements were like five mini-budgets in themselves
Proposes setting up Higher Education Commission
To double farmers’ income 
Proposes agri infra cess of Rs 2.5/litre on petrol, Rs 4/litre on diesel
Fiscal deficit pegged at 6.8% of the GDP for FY22
Fiscal deficit pegged at 9.5% of the GDP for FY21
Fiscal deficit target to be eased to 4.5% of GDP by FRY26
Govt gross market borrowing estimated at Rs 12 lakh crore in FY22
Govt to borrow Rs 80,000 cr more in FY21; Total borrowing hence pegged at Rs 14 lakh crore in FY21
Expenditure rose to Rs 34.50 lakh crore in FY21 versus Rs 30.42 lakh crore budget due to relief steps undertaken to contain Coronavirus pandemic 
Outlays of Rs 1.41 lakh crore over 5 yrs from 2021 for Urban Swachh Bharat Mission 2.0
Government has committed Rs 1.97 lakh crore for PLI schemes covering 13 sectors. Further 7 textile parks will be launched over three years
National Infrastructure Pipeline has been expanded to 7,400 projects. Further, projects worth Rs 1.1 lakh crore have been completed under the National Infra Pipeline. 
A bill to set up DFI providing Rs 20,000 crore will also be introduced to launch the National Asset Monetisation Pipeline to fund new infra projects
Customs duty on certain auto parts, solar equipment raised
To review over 400 old exemptions in indirect taxes; to begin extensive consultation from October 2021
Rs 1.5 lakh deduction on payment of interest for affordable housing extended by 1 year
Govt proposes to ease norms to attract more foreign investment in infrastructure sector; FDI in insurance companies hiked to 74%
Tax holiday and exemption on capital gains on investment in startups extended by 1 yr
No change in income tax slabs; but ITR filing not required for senior citizens above 75 years 
Govt accept recommendations of 15th Finance Commission; States to get 41% share of taxes 
FM allocates Rs 3,726 cr for forthcoming Census which will be the first digital census
Rs 1,500 cr earmarked for scheme to incentives digital payments
One nation, one ration card plan under implementation in 32 states, 1 union territory
Govt to infuse Rs 20,000 crore into public sector banks in 2021-22
Farmers paid Rs 75,100 crore on wheat MSP in FY21
The MSP regime has undergone a change to assure price that is at least 1.5 times the cost of production across all commodities.
Ujjwala scheme will be expanded to over 1 crore more beneficiaries
Propose outlay of Rs 1.10 lakh crore for Railways of which Rs 1.07 lakh crores is for capital expenditure
Sets FY22 divestment target at Rs 1.75 lakh crore; All divestments announced so far will be carried out in 2021-22
Two PSBs and one general insurance company to be divested
To ask NITI Aayog to work on next list of CPSEs for disinvestment
Announces voluntary vehicle scrapping policy to phase out old and polluting vehicles
LIC to come out with IPO in 2021-22
Proposes capital expenditure at Rs 5.54 lakh crore, 34% higher than last year