Budget Speech by FM Nirmala Sitharaman | Union Budget 2020 - 21 - VoiceTube: Learn English through videos!

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item number two with the normal etc dot Ormandy made the shit car.
So I rice with your permission to present a statement of the estimated receipts and expenditure off the government of India for the year.
2020 2021.
Oh, they are are being like, really modest car can Ma did Friday or way.
We're in prospect during a normal a seat, Armani I rise to present the budget for the year 2020 2021.
So in May 2019 Prime Minister Mordy received a massive mandate to form the government again with renewed vigor.
Under his leadership way, commit ourselves to present to serve the people of India with all humility and dedication, People of India have unequal locally, given their general dish for not just political stability and also reposed faith in our economic policy.
This is the budget to boost their incomes on enhanced a purchasing power only through higher growth.
We can achieve that and have a youth gainfully and meaningful e employed.
Let our businesses be innovative.
Hendee and solvent reduce off technology for today's youth Born at the turn of the century for every member of the scheduled castes and shed your tribes who seek a better life for every woman wishing to stand up and get counted for every individual from the minority sections of our society, this budget aims to give on, have your aspirations and hopes addressed.
We wish to open up the stuffs for a vibrant and dynamic economy with a gentle breeze off new technology.
This vibrant India shall be a caring society which shall attend to its weak, the old and a vulnerable sze among its citizens.
During 2014 19 our government brought in a paradigm shift in governance.
This shift was characterised by a twin focus fundamental structural reform on in que inclusive group.
Fundamentals of the economy are strong and that has ensured macroeconomic stability.
Inflation has bean well contained.
Banks saw a thorough cleaning up off accumulated loans off the past decade and then they recapitalised.
Companies were provided an exit through the IBC.
Several steps on the form formalization off the economy were taken up off The structural reforms.
The goods and service is tax.
The GSD has bean the most historic in our country.
It's chief architect is not with us today.
I pay homage I pay homage to the missionary leader lately around lately at the time at the time off a lot of GSD, he had said.
And I quote, India will be in India.
It will be in India, So it will be in India where the center and states will work harmoniously towards the common goal off, said Prosperity.
The unanimity of the constitutional amendment on the consensus of the GSD Council highlights that India can rise about narrow politics for the nation's interest.
With the GSD, neither the state nor the center loses its straw sovereignity.
In contrast, they will pull this opportunity on decisions on indirect taxes uncooked.
True to this mission for the historic structural reform, the goods and service is tax has been gradually maturing into attacks that has integrated the country economically.
It has consolidated numerous taxes and senses, toe one tax and facilitated formalization off the economy.
It has resulted in the efficiency gains in logistic and transport sectors.
The turnaround time for trucks has witnessed a substantial reduction to the tune off 20% due to abolition of check posts in the G S.
T.
The dreaded inspector Raj has also vanished.
It has also led to a significant benefits toe M S m e By way off enhanced threshold and composition limit, the effective tax incidents on almost every commodity came down substantially through several SED rate reductions on annual benefit.
Off one lack crore rupees has been extended to consumers.
It amounts to 10% reduction in overall tax incidents.
An average household now saves about 4% off its monthly spends on account of reduced JST rapes during this face off, maturing JST did face certain challenges.
This was naturally as transition was daunting.
JST Council has been proactive into solving issues during the transition.
In the last two years, we have added more than 16 lack new taxpayers.
A total off about what the cross returns were filed.
800 crore invoices were uploaded on 105 crore e ve bills were generated.
There has been extensive engagement with stakeholders.
A simplified new return system is being introduced from 1st April 2020.
The former prime minister had once voiced a concern that the fruits off the welfare schemes were not reaching the intended citizens.
The common and deserving citizen was only receiving 15 pricing off every rupee sent to him guided by sub Cassatt sub car because Subcommission bus a moment and our prime minister added manifold speed and skilled up the implementation off schemes and programs that directly benefited the poor on the descent wanted.
I wish to list out only a few as examples.
One very first schemes with direct benefit transfer embedded in them to sanitation and water as provisional basic needs and as a measure of preventive healthcare.
Three.
Healthcare Through Iceman Barrett Clean Energy through Julia and Solar Power Foot thrift, financial Inclusion, Credit Support, insurance protection toe Vulnerable sections and pension scheme Fifth Digital.
So the sixth Digital penetration with broadband and U.
P.
I.
And finally affordable housing for all through P.
M.
A.
Y.
The prime minister of US Georgina.
The milestones achieved are unprecedented, globally recognised and benchmarked against international induces.
This strategy changed the established order off a few individuals cornering most of the benefits and was appreciated by the people.
This had immensely positive.
All comes.
We have moved on from a growth rate off just over 4% in 19 fifties, so 6% in eighties and in the nineties.
However, during 2014 and 19.
We clocked the growth off 7.4% on average, with inflation averaging around 4.5%.
Instead, it is what why, to note that inflation was close to 9% in the last two decades off the last millennium and ranged 10.5% during 2009 and 14 between 2006 and 9 16 India was able to race.
I repeat that line between 2006 and 16.
India was able to raise 271 million people out of poverty, which we all should be proud off.
We're now the fifth largest economy off the world.
India's foreign direct investment got elevated to the level off $284 billion during 2014 and 19 from $190 billion that came in during the years 2009 to 14.
The central government debt that has bean, the bane off our economy, got reduced in March 2019 toe 48.7% off GDP from a level of 52.2% in March 2014 just between 14 and 19.
I recall this figure.
The central comments debt in March 2019 has come down to 48.7% of the GDP from 11 off 52.2% in March 2014.
With this backdrop, our government shall work the words taking the country forward so that we can leapfrog to the next level of health, prosperity and well being.
We shall strive to bring ease of living toe every citizen.
I'm mindful off presenting this budget in the back drop off to cross cutting developments one proliferation off technologies, especially analytics, machine learning, robotics, bioinformatics on artificial intelligence.
And also number two the number of people in the productive age group that is 15 to 65 years of age in India being actives highest.
So these are the two cross cutting streams keeping in the backdrop.
While we're talking about the budget today, this combination is special toe contemporary India across the world if there is a shrinking off globalization.
Equally, there is a debate on the efficacy off monetary policy too.
The efforts we have made in the last five years and the energy the enthusiasm on the innovation off a youth are the ignition required to push forward this Indian spirit off entrepreneurship, which weathered several storms over the centuries.
Inspire and motivators.
We recognize the need to support and further energize the spirit.
This budget is worn around three prominent things.
One aspirational India, in which all sections of the society seek better standards off living with access to health, education and better jobs.
Two.
Economic development for all indicated in the prime minister's exaltation off sub Cassatt's of Kavika sub catfish Waas.
This would maintain reforms across sweats off the economy simultaneously.
It would mean yielding more space for the private sector.
Together they would ensure higher productivity and greater efficiency.
On three hours shall be a caring society that is both humane and compassionate.
Anti O'Dea is an article off feet.
So I repeat, this budget is one around three prominent teams aspirational India, economic development and a caring society.
The digital revolution, which has placed India in a unique leadership position globally, will see the next week we shall reign to achieve seamless delivery.
Off service is through digital governance to improve physical quality oflife through national infrastructure pipeline risk mitigation to disaster, receive ings, social security through pension on insurance penetration.
Each one of these initiatives and their components would be benchmarked to international standards.
And the Indus is would be announced soon.
Before I moved to elaborate on each off these three teams, I wish to the site a small worse in Kashmir son weapon.
So no button ghouls are Shalimar Hugh.
So on What done Guns are Shalimar Hugh.
That man is four wound from post no de bonne une wound wuss.
And Kumar Hume Muir.
No button John Wooden.
So no button moon, the bony weapon.
I'll read this in Hindi.
Not as a point, but for the meaning, Hamada, but then killed.
They wish Charlie my bargain, Jesse Commodore, but then killed a who?
A shalimar bob guessing Hamada with them.
Don't make me.
You think we Come on, Jason, Not double.
Okay.
Goddamn kun.
Jason.
Okay, now, Devon.
Okay.
Goddamn kun.
Jessa Miro button.
Take it over, Hamada.
But then, Dona subset, it does everything that we do here.
Everything that we speak through the budget and everything that this government through and everything that this government does with the guidance and leadership of the Prime Minister is for this p r.
A button.
This boy, I must mention is a poem written by Monday.
Dina, not coal.
Who's a socket?
The Academy Award honorable speakers that I now move to the first off my team, which is the aspirational India.
I shall cover programs and plants related to agriculture, irrigation and rural development.
That's my first under the aspirational India team.
Second, wellness, water and sanitation that a second under aspirational India and the third is education and skips.
I moved to talking about agriculture, irrigation and rural development.
Our government is committed to the goal off doubling Palmer's incomes by 2022.
We have provided Energy subcommittee through gruesome and inputs ability through Param Ferragut, Cassie because Georgina, we have provided receiving CZ for 6.11 crew farmers insured under predominantly fossil Beemer.
You, Gina, focus on cultivation off pulses, expansion off micro irrigation through cushy Sanchai Georgina have raised the self limbs off the country.
Prohibition of any animal supplement off the income to the provisions off annual supplement of income to the farmer directly is done through PM Kison connectivity through P m.
G.
S y.
Graham said a cure Gina financial inclusion have helped raise farm incomes.
Prosperity to farmers can be insured by making farm on farming competitive.
For this, farm markets need to be liberal East distortions and farm and life life Stock markets need to be removed, but chase a farm, produce logistics, agree service's need, copies, investments, substantial support and hand holding or farm based activities such as life stop a Peary and fisheries need to be provided for farmers.
Desire integrated solutions, covering storage, financing and processing and marketing.
Adopting sustainable cropping patterns on bringing in more technology are integral to our plan.
All this and more can be achieved through working with and in cooperation with the states.
The following 16 action points indicate our focus be proposed to encourage those state governments who on the take implementation off following more than loss already issued by the central government.
My first off the action points 16 action points, but the 1st 1 is to encourage those state comments who undertake implementation off following modern laws which are already passed and issued by the central government.
First Mortal Agriculture Land Leasing Act off 2016 Mortal Agricultural Produce and Livestock Marketing Act off 2017 mortal agricultural produce and life stock, contract farming and service is Promotion and Facilitation Act off 2018.
So three model agriculture related loss.
We would like state governments to consider favorably.
Second off the 16 action points.
Water stress related issues are now a serious concern across the country.
Our government is proposing comprehensive measures for 100 water stressed district's.
Our government is proposing comprehensive measures for 100 water stressed District's third of the 16 in the budget speech of July 2019.
I have stated that unload outta can be Roger Data.
Also, the PM cosom scheme removed farmers is dependence on diesel and cruising and linked pump sets toe solar energy.
No, I proposed to expand the scheme to provide 20 lack farmers for setting up a standalone solar pumps.
Further, we shall also help another 15 Mac farmers soul arise the grid connected from sets.
In addition, US came to enable farmers to set up solar power generation capacity on the follow on barren lands on descended toe grid would be operationalized speakers are This is a major step forward in which we're saying that farmers, if they have Sino or barren lands, now, will be helped to set up solar power generations units so that they can then send those that which is being generated solar power to the grid and through the great, having given the proper solar power from the barren land, they will be able to make a living out of their parent line falls fourth of the 16.
Our government should encourage balanced use off all kinds off.
40 lice is including the traditional organic and other innovative fertilizes.
This is necessary step to change the prevailing incentive regime which encourages excessive use off chemical fertilizes.
So this is an important point.
I like to repeat it.
This is a necessary step.
Change the prevailing incentive regime which encourages excessive use off chemical fertilizes.
Underwood Speaker, sir In Tamil Nadu, there was a very weiss old woman Saint Point who lived more than 3000 years ago.
And she had used every letter off the Tamil alphabet toe.
Teach Children moral stories, not stories, more lines.
Each line was only three worded once they were very simple.
Once they call rt Tootie written by a warrior What I was talking about effective use off land, taking care off your land, removing weeds and making sure you tend to it properly.
She had just used three words in a little sentence which says it all.
And that's exactly what our prime minister is aiming to achieve so that the farmlands are used with proper manual, not excessive manual and limited water to grow the dreams.
Bumi Charity Wound is the nine from art Actually, which was said by a saint quite of one called a warrior.
Bumi Charity will first enter your land.
Take care that you're not excessively leaving it and then trying to take a crop.
So the fifth point out off my 16 action points India has an estimated capacity off 162 million metric tons off.
Agree we're hosting cold storage, reefer van capacities and so on.
Nobody will undertake an exercise to map on Geo tagged them.
In addition, we propose creating, they're hosting in line with Eros Development and regulator.
The authority WDR norms.
Our government will provide viability gap funding for setting up such efficient warehouses in the block or tar look level.
This can be achieved where states can facilitate with the land on DDE, our own PPP move, foot cooperation off India and center of Eros Inc shall undertake such pharaohs building on their own land, too.
Sixth Action Point as a backward linkage.
A will.
It's storage Skin is proposed to be run by ESA Jeez, this will provide farmers a good holding capacity and radio station.
Logistics cost Women s A jeez can avail off Madre or Nevada assistance and regain their position has done your Lakshmi we've heard off then election he often on many office are familiar with Daniel Looks me on.
I'm sure many of us do recall the days when women in the villages where the ones who kept the seed for the entire village and they would distribute seats as and when a farmer required it.
So we would like to restore women s egy groups toe play that role or at the village level as Dunya Next Mi's being assisted by Madre on being assisted by number to build a seamless national coal supply chain for perishables inclusive of milk, meat and fish.
The Indian Railways.
We'll set up a kiss Andre through PPP arrangements, there shall be a refrigerated coaches in express and freight trains as well so that perishable goods can be quickly, easily within the country Transported on The benefit will accrue to the farmers.
Chrissy Woo Don will be launched by the Ministry of Civil Aviation, not just trains.
Chrissy wouldn't will be launched by the Ministry of Civil Aviation on international and national rules.
This will immensely help improve value realization, especially in not feast on the tribal districts.
40 culture sector.
So this is very important.
Point number nine off the 16th horticulture sector with its current produce.
It's a very important points of horticulture sector with its current produce off, 311 million metric ton exceeds the production off foodgrains.
Horticulture exceeds the production off food grains for better marketing and export.
We propose supporting states which, adopting a cluster basis, will focus on one product, one district so that high focus is given at the district level.
Four products in horticulture toe really gain that moment.
Um, 10 off the 16 action points Integrated farming systems in rain Fred areas shall be expanded multitiered, cropping beekeeping.
Sola Pump's solar energy production in non cropping season will be added.
Sir, I had mentioned in my July budget zero budget natural farming.
That's that should also be included in our activities.
The portal on J V.
Kitty Online National Organic Products Market will also be strengthened, so the next point 11 financing on negotiable warehousing receipts e n w.
What has already crossed more than 6000 close financing on negotiable Vero Single sees this will be integrated with E national agriculture markets.
The electronics one.
The next point is the 12th off.
The 16 non banking finance companies on co operatives are active in the agriculture credits space.
The nobody refinance Kim will be further expanded.
Agricultural credit target for the year 2021 has been set at 15.
Lack close 15 black clothes agricultural credit of inventing all eligible beneficiaries off PM Kison will be covered under the KCC Kison credit card scheme.
13 of the 16 our government intends to eliminate foot and mouth disease, brucellosis, brucellosis in cattle and also what is called the P P.
P.
P.
P.
R.
In sheep, which is a French expression sorry for those who know French.
I've tried to announce best today.
Petite room in on BP are in sheep and goat by 2025.
So foot and mouth disease, brucellosis and cattle, and also PPR and sheep and goat.
By 2025 will be eliminated.
Coverage of artificial insemination shall be increased from the present 30% to 70%.
Mon Drega would be docked tail to develop for the funds.
Further official Facilitate doubling off milk processing capacity from 53.5 million metric tons.
208 million metric tons by 2025 from 53.5 million metric tons off milk.
208 million metric tons by 2025 14 point blue economy.
Our government proposes to put in place a framework for development, management and conservation off marine fishery resources.
15th.
Youth and coastal areas benefit through fish processing and market.
By 2022 23 I proposed racing fish production to 200 lack tons.
Propose racing fresh production to 200 black Tom's growing off al gay seaweed and cage culture will also be promoted, so this coming point is very important.
Our government will in one youth and fishery extension work through 3477 soccer, Metra's and 500 fish farmer producer organizations.
We hope the rural youth, particularly those who are in the coastal areas and inland fishing areas will work US Soccer Metra's and also for 500 fish farmer producer organizations.
You know that we already have a farmer producer organization which is f feel now we expanding it to cover fresh farmer produce organizations.
16th and the last action points up under the Indy on Rodia Georgina for alleviation of poverty, 58 lack esa jeez have been mobilized.
We shall further expand on messages in this regard toe no for the fund elocution for the 16 different steps that I have announced, they're being stated under two broad categories.
They're being stated under two broad categories for the sector comprising off agriculture, allied activities, irrigation and rural development and allocation off 2.83 Lack cross has bean made 2020 21 And it is divided, among other things, for agriculture, irrigation and added activities.
1.6, like Cruz for rural development and punch Iittie Raj 1.23 lack growths both put together.
It is about 1.73 lack 2.8 lack eighth relax cruise 2.83 tackles wellness and water and sanitation is the second under aspirational India.
I said My three teams aspirational India economic development and carrying society under each eye state three which contained specific programs aspirational India already have mentioned about the rule development and so on.
Now I talk of wellness, water and sanitation.
We have a holistic mission off health care that translates into a witness for citizens.
Mission in the Danish has been expanded to cover toe well.
Such diseases, including five new Maxie's FRIT India movement, is a vital part off fight against non communicable diseases coming out off lifestyle issues.
A very focused safe water gent, even Mission and Comprehensive Sanitation Program.
Swat, Swatch, Bharat Mission Have bean launched to support the health wishes that would reduce the deceased burden on the poor presently under P M General.
Okay, Georgina, there are more than 20,000 impaneled hospitals who helping Iceman Bottom.
We need more such hospitals to be impaneled in tier two on tier three cities for poor poor people in these areas to benefit from them.
It is therefore proposed to set up a viability gap funding window for setting up hospitals in PPP mode.
In the first face, those aspirational districts will be covered.
We know there are 100 and 12 off them.
So those aspirational disease the streaks from 112 that we have, where presently there are no are you small impaneled hospitals will be given priority.
So from 112 off aspirational District's, those which don't have an impaneled hospital for Iceman treatments will be given the first priority so that in tier two and three tier three, we have more such hospitals.
This would also provide large scale employment opportunities to use proceeds from taxes on medical devices.
This is very interesting.
It has a bearing on what I will be saying during taxation.
The part B, with proceeds from taxes on medical devices, would be used to support this vital health infrastructure, which will get built in the aspiration districts using machine learning and IT artificial intelligence.
In the Irishman part, skim health authorities and the medical fraternity can target diseases with an appropriately designed prevented regime.
TB Hari God dish Gitega TB haraga G dish Gitega thing This campaign has bean launched.
I proposed to strengthen this campaign to realize our commitment to end tuba closest by 2025 I proposed to expand also Jen Osugi Kendra scheme to this to all districts offering 2000 medicines and 300 surgical's by 2024.
I have provided for the head sector about 69,000 close that is inclusive off 6400 crows for Prime Minister General Geor Gina.
So now the important point on sanitation, our government is committed to OD off.
Plus, we know the office already they launched successfully, sort of covered saturation reached.
But our government is committed to OD a plus in order to sustain odious behavior because it has a lot off impact.
If behavior patterns don't remain consistent, it can have a negative berry.
So our government is committed to order of plus in order to sustain body of behavior on to ensure that no one is left behind.
No more needs to be done towards liquid and gray water management Focus would also be on solid waste collection Source.
Segregation on processing The total allocation for Swatch Bharat mission is about 12,300 clothes for this year 2020 21 aiming to provide piped water supply to all hustles.
Prime Minister announced from the Red Fort, The judge even mission our government has approved three point sits like a crore for this mission, 3.60 lack growth for this mission is being approved.
This scheme also places emphasis on augmenting local water resources, recharging existing sources, and will promote water harvesting on DC alienation cities.
Over one million population will be encouraged to meet this objective during the current year itself.
During the year 2021 this game would be provided a budget exclusively off 11,500.
Close sign now move to the third on the aspirational India Education and skills, the third in the final item and aspirational India this education and skims by 2030.
India is said to have the largest working age population in the world.
Not only do they need literacy, but they need both job and life skills.
Dialogues have been held with state Education Ministry's members of Parliament and other stakeholders about education policy over to lax additions were also received.
The new education policy will be announced soon.
He did spend that our education system needs greater in flew off finance to attract talented teachers in a weight and build better lass.
Therefore, steps would be taken to enable sourcing external commercial borrowings on FDA so as to deliver higher quality education.
Students in general stream as opposed to those in service is or technologies stream sciences and technology stream need their employment opportunities improved.
About 100 and 50 higher education institutions will start apprenticeship embedded degree diplomat courses by March 2021.
The government proposes to start a program whereby urban local bodies across the country would provide internship opportunities to fresh engineers for a predated upto one year said local bodies, as you know, do undertake a lot of public works program and their manpower is also limited.
But yet young engineers who are ready to serve for the purpose of learning how it is to work with the government are also going around seeking opportunities.
So here we have created an opportunity by saying urban local bodies should now up up, give opportunity for fresh engineers so that they can help them plan better and in turn also done as an intern under the local bodies.
So this is for a period of one year that we've opened up in orderto provide quality education to students off deprived section off the society as well as those who do not have access to higher education.
It is proposed to start a degree level, full fledged online education program.
This shall be offered only by institutions who are ranked within top 100 in the national institutional ranking framework.
Initially, only a few such institutions would be asked to offer such programs.
India should also be a preferred destination for higher education, hence, under its study in India, program on end SAT exam is proposed to be held in Asian and African countries.
It shall be used for benchmarking foreign candidates who received scholarships for studying in Indian higher education centers.
A national police university on the National Foreign Six Science University are being proposed in the domain off policing science, foreign six signs and cyber foreign six.
There is a shortage of medical doctors.
There is a shortage off qualified medical doctors, both general practitioners as well a specialists.
In order to meet this requirement, it is proposed to attach a medical college to an existing district hospital in PPP.
More those states that fully enough for authorities off the hospital to the Medical college on wish to provide land.
That concession would be able to receive viability gap funding from the center.
Details of the scheme would be worked out soon, so we aim tohave at the district level with hospitals which are being extended for medical college training and also for producing more doctors.
Viability gap funding will also be extended, so the National Board of Examination impart speedy medical Qualifications, Diploma and Federal Off National Boat, D and B and FNB.
The government will therefore encourage large hospitals with sufficient capacity to offer resident doctors, the D A and B and FNB courses.
Under the National Board Off examinations, there exists a huge demand for teachers, nurses, paramedical stuff and care.
Give us all a broad.
There exists a huge demand abroad for teachers, nurses, paramedical stuff and kegels.
However, their skill sets many a time, do not match the employers standards and therefore need to be improved.
I propose that a bridge special bridge course be assigned by the ministries of health skill development together with professional bodies to bring in equal Willens language requirements off, various countries need also to be included.
All these should be achieved through a special training package.
Our government proposes to provide about 19 9300 clothes for education sector in 2021 and about 3000 clothes for skill development.
Sy Moore for the second thing.
Economic development, aspirational India.
Economic development and carrying society.
I'm not talking on economic developed andan economic development, industry, commerce on investment are the ones which come first.
Do not so the most important thing.
As an introduction, I'd like to say here the gills off satisfied the Sindhu civilization and the head up and seals are remarkable.
Set us.
But these single civilization is about food 4000 before the common era they belong.
The seals in particular belong Toe 3300 BC Before the common era, words from the Indus script, which are all hero cliffs, have been disciple words from those hero clips Have Bean disciple interesting words which we need to know when we're talking about commerce and industry commerce and relate trade related words.
So how India for a millennium has been a continuing civilization with rich skills and metallurgy, rich skills and trading and so on?
Straining is a word found in the head.
Open seas, which means guilt City is a word found in the happened seals, which means wholesale Merchant City was a wholesale merchant in the single civilization Saraswathi Sindhu Civilization for Dar is Anna set off metal into treasury and also it's a cut India's continuing maritime power in terms of commerce and industry.
Me is using word which shows blacksmith three on also Iron and Tin Smith that he existed that thing so India's Commerce, India's Industry India trading such materials which were all units to India have existed and continues to exist.
Oh, what a milliner!
So so on tribune, a ship has always been the strength off India.
That's the point I wanted to explain.
I'm sure many members already know it, and therefore the a bit restless on just entrepreneurship has always been the strength off India.
Even today, young men and women have given up greener pastures elsewhere, a toe contribute to India's growth, their risk taking and come up with disruptive solutions toe festering challenges.
Equally established, old industries are resetting themselves in a changing global domestic situation, global and domestic situation.
We recognize the knowledge, skills and risk taking capacities and capabilities of our youth.
He is no longer a job seeker, is a creator of jobs.
Now we wish to create more opportunities and remove roadblocks from this park.
I proposed to set up an investment clear and sell that will provide end to end facilitation and support, including pre investment advisory information related to land banks and facilitate clearance is at the center and also in the state level.
It will work through a portal.
There is a case for maximizing the benefits off.
Three separately developing economic activities, the upcoming economic corridors, revitalisation off manufacturing activities and technology and the demands for aspirational pluses.
We have to benefit from their convergence.
Hence, it is proposed to develop five new such smart cities and collaboration with states and in PPP mood.
Such sites would be to Orson that all for the best choices in terms off the airport aforementioned principles.
India needs to manufacture networked products that will make it a part of global value chains.
This in turn, gets more investment and generates more employment for our youth.
Electron ICS manufacturing industry is very competitive, and India as soon it's cost advantages.
The potential of this industry in job creation is immense.
India needs to boost domestic manufacturing and attract large investments in the electronics value chain here, I propose a scheme focused on encouraging manufacturer of mobile forms, Elektronik equipment and semiconductor packaging.
Details will be announced soon.
With suitable modifications.
This skin can adapt can be adopted for manufacturing off medical devices too.
India Sir imports significant quantity off technical textiles worth $16 billion every year to reverse this trend on to position India as a global leader in technical textiles, a national technical textiles mission is proposed with a four year implementation period from 2020 21 2 23 24 at an estimated Oakley off 1480.
Cruise, under been speaker, said Under Been speaker Sir from the Redfoot.
Our prime minister spoke about quality and standards when he spoke off zero defect, zero effect manufacturing in September last year.
I had called for a time bound adoption by industry off all necessary mandate re technical standards on their effective enforcement.
All ministries during the course of this year would be shooing quality standard order.
Soto, a team higher export credit step dispersement, a new skin near week is being launched, which provides for higher insurance cover reduction in premium for small exporters and simplified procedure for claim settlements.
It is proposed to digitally refund to exporters that was never wake.
I'm coming to a different point now.
It is proposed to digitally refund to exporters doobies and taxes levied at the center state on local levels such as electricity duties.
V a t.
The VAT on fuel used for transportation which are not getting exempted or re funded under any other existing mechanisms.
This came for reversion off duties and taxes on exported products will be launched from this year itself.
On German Speaker It's official of our prime minister that each district should develop as an export hub.
Efforts off the center and state governments are being synergize.
Dhe and institutional mechanisms are being created in order that every district becomes an export hub.
Government E Marketplace Jim is moving ahead for creating a unified procurement system in the country for providing a single platform for procurement of good service is and works.
It offers a great opportunity for medium and small and micro enterprises.
3.24 Lack vendors are already on this platform.
It is proposed to take its turnover tow three not close, I proposed to provide about 27,300 clothes for development and promotion off industry and commerce for the year 2020 2021.
Sunder economic development The second off point that I want to focus on is a very important point and it is on infrastructure honorable speaker in this.
In his independent state speech off 2019 the prime minister has highlighted that 100 lack gross would be invested on infrastructure for the next five years.
As a follow up.
Misha I had launched the National Infrastructure pipeline on 31st December 2019.
Off 103 lack crore worth projects.
It consists of more than 6500 projects across sectors.
ONDA classified as spurt this size and stage of development.
These new projects will include housing, safe drinking water, access to clean and affordable energy healthcare for all world class education institutions, modern railway stations, airports, bus terminals, Metro Wrightwood, railway transportation, logistics and warehousing irrigation projects.
Exeter, the national infrastructure pipeline ambitions, improving the ease of living for every each and every individual citizen in the country.
It will also bring in general and sectoral reforms in development, operation and maintenance of these infrastructure projects.
A huge employment opportunity exists for India's youth in construction, operation and maintenance off infrastructure.
National Skill Development Agency will give special trust to infrastructure focused skills on their development opportunities.
I proposed to set up a project preparation facility for infrastructure projects.
This program would actively involved young engineers, management graduates and economists from our universities.
It is also proposed to direct all infrastructure agencies of the government to involve youth club in startups.
They will help in ruling out value added service is in quality public infrastructure for citizens.
A national logistics policy will soon be released.
Among other things, it will clarify the role of union, government, state government and also the key regulators.
It will create a single window, the logistics market and focus on generation of employment skills and making a mess Emmys competitive.
So also accelerated development off highways will be an undertaken.
This will include development off 2500 kilometer access control high waist, 9000 kilometers off economic corridors, 2000 kilometers off coastal and land port roads and 2000 kilometres off strategy highways, the Denny Mumbai Expressway and two other packages would be completed by 2023 Chennai Bangalore Express Way would also be started.
So the fast track mechanism encourages us towards greater commercialization off our highways.
So that energy I can raise more sources.
I proposed to monetize at least 12 lots off highway bundles off over 6000 kilometers before 2024.
In carrying out its duty, the Indian Railways performs a service to the nation within 100 days off assumption off this government.
It has commissioned 550 y five facilities in as many devastation.
It has eliminated on man level crossings and aims to achieve electrification off 27,000 kilometres off tracks.
This would call obviously for optimization.
Off course Railways has small operating surplus about Indian railways.
There are five measures, among other things, that I wish to highlight.
Setting up a large solar powered capacity, setting up a large solar power capacity alongside the rail tracks on the land owned by railways.
A proposal is under consideration.
Four station redevelopment projects, an operation off 150 passenger trains would be done through PPP move process off inviting private participation is underway.
More stages type rains more pages.
Typed brains will connect iconic tourist destinations.
A high speed train between Mumbai and Ahmedabad would be actively pursuit 1 48 kilometer.
Beng Gloria's suburban transport project, at a cost of 18,600 clothes, would have fares on Metro Model.
Central government would provide 20% of the equity and it will also facilitate external assistance up to 60% of the project cost.
So our seaports need to be more efficient.
Technology has to has to be used to improve performance governance framework.
Keeping with global bench months needs to be put in place.
This government would consider cooperator incorporate, I think at least one major port and subsequently it's listing on the stock exchanges.
Inland waterways received a boost inland water Wayne's received a boost in the last five years, the general because mark on National Waterway one will be completed further The 890 kilometer Dhubri Saudi Our connectivity in a sum will be done by 2022 under Been speaker Sir, developing waterways has its impact on the ecosystem On both the banks of the river our prime Minister has conceptualized are going go plans are afoot toe energize economic activity along the river banks.
If a trafficked A traffic has bean growing rapidly in the country as compared to global average, 100 more airports would be developed by 2024 to support the wooden ski.
It is expected that the air fleet number shall go up from the present 600 2200.
During this time itself, I proposed to provide 1.7 black crows for transport infrastructure in 2021 so taking electricity to every household has been a major achievement of this come.
However, the distribution sector, particularly the discomforts, are under financial stress.
The ministry intends to promote smart metering.
I heard all the state and Union territories states and union territories to replace conventional energy meters by prepaid smart meters in the next three years.
Also, this would give consumers the freedom to choose the supplier and the rate asper their requirements.
So this is a very important step in reaching electricity to all people.
This would give consumers the prepaid meters.
The smart meters would give consumers the freedom to choose the supplier and the rate asper their requirements.
Further measures to reform this comes would be taken I proposed to provide 22,000 close to power and renewable energy sector for the year 2020 21.
So now I come to oil and natural gas in the upstream sector, oil and gas.
The open acreage licensing policy for a LP is a success, having awarded one lack 37,000 square kilometres for exploration to private sector on tow.
The CPS cease city gas distribution rights are also awarded further.
It is proposed to expand the national gas grid from the present 16,200 kilometers.
At the moment it is 16,200 kilometres only.
We proposed to expand it to reach 27,000 kilometres deep in the gas markets in India.
Further reforms will be undertaken to facilitate transparent price discovery and also ease off transactions.
So I come to talking about the new economy.
Now.
The new economy is based on innovations that disrupt established business models, artificial intelligence, Internet off things, three D printing drones, DNA data storage, quantum computer called quantum quantum computing, et cetera are all rewriting the world economic order.
India's already embraced a new paradigm, such as the sharing economy with aggregator per platforms displacing conventional businesses.
Government has harnessed new technologies to enable direct benefit transfers on financial inclusion on a scale like never before.
It's now a cliche.
Data's the new oil and it is true that analytics, fintech and Internet off things are changing the way we deal with our lives.
To take advantage of this, I propose to bring out soon a policy to enable private sector toe build data center parcs throughout the country, Building data center Parcs told the country.
It will enable our firms to skillfully incorporate data in every step off their bodies.
Change our vision is that all public institutions at the grandpa and child living such as London bodies, health and wellness centers, government schools, PDS chocolates, post offices and police stations will all be provided with digital connectivity.
So the fiber toe home f t th connections through Bharat Net will Link 100,000 Grandpa in charge this year, it said one lack Grandpa Child's this year itself will be connected to the optical fiber F T th program.
It is proposed, therefore, to provide 6000 cross tow bar athletic program 2020 21.
We need to expand the base off base for knowledge.
Ruben Enterprises, Intellectual property creation and protection will play an important role.
Several measures are proposed in this regard which will benefit the startups.
A digital platform would be promoted that would facilitate seamless application and capture I p ops.
Also in an institute of Excellence, a center would be established that would work on the complex city and innovation in the field off intellectual property.
Honorable speaker Sir Knowledge translation clusters would be set up off across the different technology sectors, including new and emerging sectors for designing, fabrication and validation off proof of concept and further scaling up technology clusters harboring such test beds and small scale manufacturing facilities would be established.
Mapping off India's genetic landscape is critical for next generation medicine, agriculture and for bio diversity management.
To support this development, we will initiate to national level signed schemes to create a comprehensive database.
The government proposes toe provide early life funding, including seed fund to support ideation and development off early stage startups so critical toe quantum technology.
Quantum technology is opening up new frontiers in computing communications, cyber security with widespread applications, it is expected that a lot off commercial applications would emerge from theoretical constructs which are developing in this area.
It is proposed to provide and Oakley off 8000 throats over a period of five years for the national mission on quantum technologies and application.
India would probably be the third biggest and pioneering nation if we're able to break into this technology off quantum technology related to computing and other applications.
So I come to the third thing, the last thing in my part after which, of course, I will speak off a few willing, caring society.
In 1/3 thing, we focus on women and child, social welfare, culture and tourism, and also on environment and climate change, women and child and social welfare.
I'm pleased to inform the house that Beatty, Bhachau Beatty Pado has yielded a tremendous triceps grass environment.
Sir, if you hear the data, if you hear the data, I think it's important not to politicize issues related to women.
Beatty but Beatty puddle has ended tremendous results.
Gross enrollment pressure off girls across all levels of education is now higher than Boys Elementary.
11 day elementary living.
It is 94.3% US against 89.284 boys at 2nd 11 It is 81.32% as compared to 78% for voice.
At higher secondary level, girls have achieved a level of 59.70 compared to only 57.54% for points.
So girls are actually under Beatty.
Put all benefiting from the skin hand.
Mother, mother and child are coordinated.
Clothe critical component to improve nutritional status of Children 0 to 6 years.
Dennis and girls pregnant women on dating Mother's Prime minister launched a portion of beyond in 2017.
18.
More than six slacks.
Gungan body workers are equipped with smartphones to applaud the nutritional scape.
Piss off more than 10 floor households, Sir Honorable Speaker, sir.
For the benefit off those who may not have heard the slime because it's very important.
I'd like to repeat it.
Toe Improve the national nutrition of status off Children, Children in 0 to 6 years of age, adolescent girls, pregnant women and lactating mothers are prime minister launched a portion of beyond in 2017.
18.
More than six slack Gungan body workers are equipped with smartphones.
Toe applaud the nutritional status of more than 10 floor households.
The scale of this development is UN proceeding tid so the next is women's age of marriage was increased from 15 years toe 18 years in 1978 by amending, Hurstwood shot the act off 1929.
As India progresses, further opportunities open up for women to pursue higher education and careers.
There are imperatives off lowering.
MM, a maternal mortality rate as well as improvement off nutrition levels.
Entire issue off about age of girl entering motherhood needs also to be seen.
In this light, I proposed to appoint a task force that will present its recommendations in six months time.
I proposed to provide 35,600 clothes for nutrition related programs for the financial year 2020 2021.
Saying continuing with our government's commitment to welfare of women, this budget provides for about 28,600 chlor for programs that a specific to women.
Our government is due to mind that there shall be no manual cleaning off sewer settle systems are septic tank.
Suitable technologies for such tasks have been identified by the Ministry of Housing and our manifest, the ministry is working with urban local bodies For the adult adoption off these technologies, we will now take this to its logical conclusion.
Even Think about to mess a B minus issues are Gregory Move, but get pre op to Sameer Subbed one or something that we share.
Thank you.
No, thank you, Speaker sir.
Even now, take this even.
Now.
Take this to its logical conclusion to legislative and institutional changes.
Financial support for wider acc