2. Union Budget 2021-22
⢠Union Budget 2021-22 Was Presented By Honorable Mrs.
Nirmala Sitharaman
⢠The Budget Included Big Spending Plans For Various Sectors
3. Focus On Boosting Growth
⢠A Fiscal Deficit Of 6.8 Percent Of GDP Is Anticipated For 2021-
22
⢠A Massive Amount Of 5,54,000 Crore Was Allocated For Capital
Expenditure
4. Emphasis On Healthcare
⢠Healthcare Spending To Increase By 135 Percent
⢠35000 Crores Allotted For The COVID Vaccination Program
⢠Creating Wealth And Wellness," Commented Narendra Modi
5. Higher Capital Spending
⢠Capital Expenditure Of 5.54 Lakhs Crore
⢠35 Percent Higher Than The Last Yearâs Figures
⢠A Strong Recovery Is Anticipated In 2021-2022 At An 11 Percent
Growth Rate
6. Job Creation
⢠Creation Of A New Development Finance Institution (DFI) For
Handling Government Spending In Infrastructure
⢠The Budget Spares Rs 20,000 Crore To Capitalize On The New
DFI
7. FDI Liberalized In Insurance
⢠Boost In Foreign Direct Investment (FDI) In The Insurance
Sector, From 49 To 74 Percent
8. Updates on Banking and NBFCs
⢠Allocation Of Rs 20, 000 Crore, To Re-capitalize Government-
owned Banks Battling Bad Loans
⢠Setting Up An Asset Reconstruction Company (ARC) And An
Asset Management Company (AMC) To Deal With Bad Loans Of
Public Sector Banks
9. NBFC Debt Recovery Made Easy
⢠Protect The Interest Of NBFCs With A Minimum Asset Size Of Rs
100 Crore
⢠Minimum Loan Size Eligible For Debt Recovery Reduced From
Rs 50 Lakh To Rs 20 Lakh
11. Support To MSMEs And Agriculture
⢠Rs. 1 5,700 Crore Allocated For MSMEs
⢠Linking 1000 Agriculture Produce Market Committees (APMC)
Via The Electronic National Market (e-NAM) Chain.
12. Thank You !
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Know more- Union Budget 2021-22: Growth Engine for the economy