Budget 2020 Live: Govt Proposes New Income Tax Regime But Axes Exemptions

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blasted Normandy.
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A copy of the falling papers Report off the 15 Finance Commission for the year 2020 2021 Explanation.
Re memorandum on the action taken on the recommendations contained in the report Off 15 Finance Commission.
I don't number two sympathy Animal Asi Daughter Mandy made the shit car side right with your permission to present a statement of the estimated receipts and expenditure off the government of India for the year 2020 2021 like a car or were prostitutes during a blast.
It Armani I write 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 dedications.
People of India have unequal locally, given the general dish for not just political stability and also reports straight in our economic policy.
This is the budget, the boost their incomes on enhanced, therefore chasing only through higher broad.
We can achieve that and have a ute gainfully and meaningfully employed.
Let our businesses being awaited.
Hendee and Solvent Reduce of technology for today's youth born at the turn of the century for every member of the shed, your cast and said your tribes who seek a better life for every woman wishing to stand up and get counted for every individual from the minority section of our society, this budget aims to give on have your aspirations and hopes addressed the open up 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 the vulnerable among its citizens.
During 2013 19 our government brought in a paradigm shift in governance.
This ship was characterized by a twin fundamental structural reforms on in que inclusive group.
Fundamentals of the economy are strong and that has ensured macroeconomic stability.
Inflation has bean well contained banks for a little cleaning up off accumulated rooms off the past decade and then they re capitalized.
Companies were provided an extra through the I V C seven steps on the form formalization of the economy were taken up off the structure of the slums.
The goods and service is fax.
The GSC has bean the most historic in our country.
It's chief architect is not with us today.
I pay hommage.
I pay homage to the missionary leader.
Let's see a room, time, time A lot of Jefty, 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 GSC constant highlights that India can write about narrow politics for the nation's interest.
With the GSC nadir, the state nor the center loses its star sovereignity.
In contrast, they will pull this opportunity on decisions on indirect taxes uncooked through the decision for the historic structural reform, the goods and services stack has been gradually maturing into attacks that has integrated the country economically.
It has consolidated numerous sex and toe one pax on facilitated formalization of the economy.
It has resulted in the efficiency gains in logistic and transport sectors.
The turnaround time for trucks has witnessed the substantial introduction to the tune of 20% due to abolition of check post in the steam breaded inspector that has also vanished.
It has also led to a significant benefit to M S m E by way off enhanced threshold on composition limit.
The effective tax incidents on almost every commodity came down substantially through several rate reductions on annual benefit.
Off 1 ₹lakh crore has been extended to consumers.
It amounts to a 10% reduction in overall tax incidents.
On average, Household now saved about 4% off its monthly expense on account of reduced GSC.
During this face off maturing, Jesse did face certain challenges.
This was a natural as transition was daunting.
JST Consul has bean proactive in resolving issues during the transition.
In the last two years, we have added more than 16 new tax feels talked enough about what the cross returns they fight.
800 crore invoices were looted, 100 and five growth e ve bills were generated.
There has been extensive engagement with stakeholders.
A simplified new returns system is being introduced from 1st April 20.
Former Prime Minister I had one.
A concern that the troops off the welfare schemes were not treating the intended citizens the common and deserving citizens.
We're only receiving 15 off every would be sent to him, guided by because stepped up the trust our moment and our prime minister added manifold speed and skinned up the implementation of schemes and programs that directly benefited the poor.
And the one thing I wish to lift out.
Only a few as examples.
One very first kings with static benefit transfers embedded in them to sanitation and water.
Provisional basic needs on as a measure of preventive healthcare.
Three.
Health care through Iceman but it clean energy through Julia and solar power, financial inclusion, credit support, insurance protection, toe vulnerable sections and pensions Team Did you six.
Digital penetration with Broadband and U.
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And finally affordable housing for all through P.
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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 parts of the world comes.
We have moved on from a growth rate of just over 4% in 19 fifties, 6% in eighties and in the nineties.
However, during 2014 and 19 we clocked the growth of 7.4% on average, with inflation averaging around 0.5%.
It is not right to note that inflation was close to 9% in the in 2006 and 16 India was able to raise 271 million people out of poverty, which they also wear now, the first largest economy off the world.
India 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 of our economy, got reduced in March 2019 48.7% off GDP from 11 off 32.2% in March 2014.
Just between 14 and 19 as we call the bigger the central government debt in March 2019 has come down to 48.7% of GDP from a level off 52.2% in March 2014.
With this backdrop, our government shall what?
The words taking the country forward so that we can leapfrog to the next level of health prosperity and will be we tried to bring ease off living toe every citizen I'm mindful off president thing this budget in the back drop off to cross cutting developments one.
Proliferation of 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 acted.
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 of monetary policy too.
The efforts we have made in the last five years and the energy the enthusiasm on the innovation off yout are the ignition required to push forward.
The Indians did it off onto ownership which weathered several storms over the centuries inspire on motivators.
We recognize the need to support and further and dies the spirit.
This budget is worn around three prominent things one aspirational India, in which all sections of the society sick, better standards of living with access to health, education and better jobs Do economic development put on indicated in the prime minister's exaltation off.
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This would maintain reforms across the bridge of the economy.
Simultaneous me.
It would mean fielding more space for the private sector.
Together they would enter higher productivity and greater efficiency.
On three always shall be a catting.
So fighting that is bought, humane and compassionate anti O'Dea is an article off.
So I repeat, this budget is one on on three prominent teams.
Aspirational India, economic development and a caring society.
The decision Revolution, which has placed India in a unique leadership positions globally, will see the next week the Shalane toe achieve seamless delivery of service is through digital governance to improve physical quality of life to national infrastructure, pipeline risk mitigation, tow the faster the seeming social security pension on insurance penetration.
Each one of these initiatives and their confidence would be benchmark to international standards and the industry would be announced before I moved to N ab Rate on each off these three teens.
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Everything that we do here?
Everything that we speak through the budget and everything that this government through and everything that the government that's with the guidance and leadership of the Prime Minister is for this This point, I must mention it's a poem written by when did not call was a target the Academy Award Under this.
Because I now move to the first off my team, which is the aspirational India.
I should cover programs and plans 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 aspiration of India and the third of Education and Skip I moved to talking about agriculture, irrigation and ruins development.
Our government is committed to the goal of doubling farmers incomes by 2022 way have provided energy on input probability through Param Ferragut Chrissy because you Gina, we have provided receiving for 6.11 crew farmers insured under Saddam Montree Fossil Bima you Jenna focus on cultivation off pulses Expansion off micro litigation through Christie's in child Georgina have raised the sentiment for the country.
Provisions of any animal supplement off the income to the Prohibition Law.
Annual supplement of income to the farmer directly is done through P M connectivity through three mgs white Graham said Akio Gina.
Financial inclusions have helped raise form in prosperity to farmers can be insured by making farm and plumbing competitive.
For this farm markets need to be liberally distortions and farm and life life stock markets need to be the move, but there's a farm produce a lot of six agree service's need, copyist investments, substantial support and hand holding or farm based activities such as life stock, a theory 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 technologies are integral to our plan.
All this and more can be achieved through working with and in cooperation with the state.
The following 16 action points indicate our focus.
We propose to encourage those state governments who on the take implementation off following more than law already issued by the central government.
My list off the action points 16 action points, but the 1st 1 is to encourage those state governments who on the take 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 for 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 government to consider favorably.
Second off the 16 action points, what are stress related issues are now a serious concern across the country.
Our government is proposing comprehensive measures for 100 water stress.
Our government is proposing comprehensive measures for 100 water stressed district start of the 16 in the budget speech of July 2019 I had stated that unlike DACA can be Roger Doctor, the PM Coulson scheme removed Farmers is dependent on decent and gruesome and link pumps its toe Solar energy?
No.
Why proposed to expand the scheme to provide 20 black farmers setting up stand alone solar pumps Way shall also help another 15 max farmers soul arise The grid connected from set in addition, enable Palmer's to set up a phone up our generations capacity on their paddle on barren Man and send it to grid would be operational because this is a major step forward in which we're saying that farmers, if they have or Baron Man now will be helped to set up solar power generation units so that they can then send those that which is being generated solar power to the grid and through the bridge.
Having given the public school up over from the barren land, they will be able to make a living off the land falls 16.
Our government had encouraged balance fuse off all kinds of 40 nights is including the traditional organic on other innovative 40 Nice.
Is this necessary step to change the prevailing incentive regime, which encourages excessive use off chemical fertilizers?
So this is an important point.
I'd like to repeat it.
This is a necessary step to change the prevailing incentive regime, which encourages excessive use of chemical fertilizer.
Underwood Speaker in Common There was a very wise old woman, Saint Point who lived more than 3000 years ago, and she had used every letter of the Tamil alphabets.
Teach Children more stories.
What stories?
More lines.
Each name was only three worded once they were very simply.
Once they call RT, written by a lawyer, what's stopping a boat?
Effective use of land taken care off your land, removing weeds and making sure you tend to it properly.
She had just used three words in a little sentence.
We save the doll, and that's exactly what our prime minister is leaving to achieve so that the farmland are used with proper manual not excessive manual on limited water to grow the greens bumi to the wound.
It's the ninth from active duty, which was said by a saint quite a one called over here blew me to be with I was sent to your land.
Take care that you're not excessively leaving it and then trying to take a couple.
So the point out off my 16 action points India has an estimated capacity off 152 million metric tons off.
Agree we're hosting cold Storage report, van cities and so on.
Nobody will undertake and exercise toe map on Geo.
In addition, we propose creating, they're hosting in line with Eros Development and regulator the Authority WDR.
Our government will provide viability gap funding for setting up such efficient warehouses in the Block or Carl Levin.
This can be achieved where states can facilitate with land on r b p p.
Move full cooperation off India and Central Eros Inc.
Shannon take such varos building on their own land too.
Six Action point.
As a backward linking a will, it's storage skin is proposed to be run by S and cheese.
This will provide farmers a good holding capacity and radio send or two sticks crossed women s it Jeez can avail Oh Madre or Nevada assistance and regain their position has done, you know the fertile than election he often on many offers are familiar with Daniel.
Looks me on.
I'm so many of us do recall the days when women in the villages where the one who kept the field for the entire village and they would distribute thieves as and when a farmer required.
So we would like to restore reminisce, Citigroup toe play that role or after village level as Daniel next meet being assisted by Madre on being assisted by number with seamless national coal supply.
18 for perishables inclusive of milk, meat and fish.
The Indian Railways We'll set up a Gondry to BP arrangements.
There shall be refrigerated hotels in experts and freight trains as well, so that perishable goods can be quickly, easily within the country transported on.
The benefit will accrue to the promise you see Don will be launched by the Ministry of Civil Aviation, not just strange.
Christie wouldn't will be launched by the Ministry of Civil Aviation on international and National rules.
Really ministry help improve value realization, especially in northeast on the tribal districts sector.
This is very important Point number nine on the 16th Hartigan sector with current produce.
It's a very important point horticulture sector, with its current produced off 311 million metric ton, exceeds the production off grains.
Horticulture exceeds the production of food grains for better marketing and export.
The proposed supporting states, which adopting a cluster basis, will focus on one product, one district so that high focus given at this level for products in horticulture to really gain that moment, then the 15 action points Integrated farming systems in rain Fred areas shall be expanded multitiered, cropping, beekeeping, solar farms, solar energy production in non cropping season will be added.
I had mentioned in my July budget zero budget natural farming.
That's that will also be included in our activities.
The portal on David Kitty Online National Organic Products market will also be strengthened.
So the next point 11 financing on negotiable warehousing receipts e N w.
A.
Has already crossed more than 6000 close financing on negotiable Vero Sing Receive.
This will be integrated with E national agricultural market.
The electronics, once the next pointers 12 off.
The 16 non banking finance companies on cooperators are active in the agriculture credits space.
The number three point Nancy Kim will be further expanded agricultural credit target for the year.
2021 has Bean set that scene lack clothes 15 Close agricultural credits all invisible beneficiaries off PM Kison will be covered under the KCC Kiss on credit card scheme.
13 of 16 Our government intends to eliminate foot and mouth disease.
Bruce Bruce Lee losses in capitals and also what is called the p P p p p.
R in shape, which is a French expression sorry for those who know I tried to, but they threw me none.
BP are in seat on goat by 2025 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%.
Mandrake would be don't fail to develop for the crumbs Further official facilitate doubly not milk processing capacity from 53.5 million metric tons.
208 million metric tons by 2025 from 53.5 million metric tons of 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.
All marine fishery resources.
15 Youth and Boston area benefit through fish processing and market by 2022.
23 are proposed raising fish production to 200 tons.
Proposed raising fish production to 200 times Growing off al gay seaweed and cage culture will also be promoted.
Coming point is very important.
Our government will in one you've been officially extension work through 3477 and 500 fish.
Former producer organizations way hope with rural youth, particularly those who are in the coastal areas and inland fishing areas will work as Father Mitra and also long 500 fish farmer producer organizations.
You know that we already have a farmer producer organization with feel.
Now we're finding it to cover fish farmer produce organizations 16 from the last action points under being there on your DEA You Gina for alleviation of poverty, 58 s energies have been mobilized.
We shall further expand on refugees in this regard to no for the fund indication for the 16 different steps that ever noticed.
They're being stated under two broad categories.
They're being stated on the two broad categories for the sector, comprising off agriculture on they activities, irrigation and rural development, and a location off 2.83 Black clothes have been made for 2020 21 it is divided, among other things, for agriculture, irrigation and elite activities.
1.6, like Cruz for rural Development and franchise Raj 1.23 lack growth.
Both put together.
It is about 1.732 point eight eighth.
Relax close 2.83 knuckles, 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.
I say three, which contains specific programs.
Aspirational India.
Although they have mentioned about the rules, development and so on.
Now why talk of wellness water insanity?
We have a whole list ignition off that translates into wellness for citizens mission.
Indra Donald has been expanded to cover well.
Such diseases, including five new vaccines, threaten India movement is a right and a bottle fight against non communicable diseases coming out off lifestyle issues.
Very focused Safe water, John's even mission and Comprehensive Sanitation program.
What Swatch Bharat mission have Bean launched to support the health wishes that would reduce the deceased burden on the poor.
Presently on the PM General Georgina there are more than 20,000 impaneled hospitals who helped a nice month.
We need more hospitals to be impaneled in tier two and three cities for 44 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 moved in the first place.
Both aspirational district's will be covered.
We know there are 100 and 12 of them.
So those aspirational disease, the tricks from 112 that we have presently there are no are you small impanel.
Hospitals will be given priority.
So from 112 off aspirational district, those which don't have an impanel hospital for Iceman treatments will be given the first priority so that in here too and rear three, we have more such hospitals.
This would also provide not skill 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 heart beat feeds from taxes on medical devices would be used to support this writer health infrastructure, which will get built in the aspirations using machine learning on it.
Artificial intelligence in the Iceman barracks.
Kim health authorities and the medical fraternity can target deceased with an appropriately defined preventive routine.
TB hot.
I got this TV, huh?
***, this campaign has been launched.
I proposed to strengthen this campaign to realize our commitment to end Cuba closest by 2025 I proposed to expand also, John also the Kendra ski tow to all the tricks offering 2000 medicines and 300 surgical's by 2024.
I have provided for the health sector about 69,000 close.
That is inclusive off 6400 clothes for Prime Minister General Gage Georgina.
So now the important point on sanitation, our government is committed two.
We know audiences already, they launched successfully, sort of covered, saturation reached.
But our government is committed to the in order to sustain odious behavior because it has a lot of off impact.
If behavior patterns don't remain consistent, it can have a negative berry.
So our government is committed to order in order to sustain odious 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 race connection Source.
Segregation on processing The total allocation for much of our mission is about 12,300 clothes for this year.
2020 21 aiming to provide fight water supply to all hustles.
Prime Minister announced from the red fort, the gels even mission.
Our moment has approved three points.
It's macro for this mission.
Three points There are black crows for this mission.
It's bean approved.
This came also places emphasis on augmenting local water sources, recharging existing sources and we'll promote water harvesting on the alienation cities.
Over one million population will be in creates to meet this objective during the current year, it said.
During the year 2021 this game would be provided a budget exclusively off 11,500 close.
So I now move to the third on the aspirational India Education and skills, the third on the planet.
Like Come on, the aspirational India is education and skills.
By 2030 India is said to have the largest working age population in the world.
Not only do they need literacy, but they need what job and life skills dialogue have been held with.
State Education Ministry's members of parliament on other stakeholders about education policy over to last traditions were also received.
The new education policy will be announced soon that our education system needs greater influence off finance to attract talented teachers in a weight and build a better life.
Therefore, steps would be taken to enable forcing external commercial borrowing, and FDA has to deliver higher quality education.
Students in general stream as opposed to those in service, is our technologies.
Screen sciences and technology stream need their employment opportunities improved.
About 100 and 50 higher education institutions with Scott apprenticeship embedded degree diploma courses by March 2021.
Government proposes to start a program there by our local bodies across the country.
Would provide internship opportunities toe fresh engineers for created up to one year local bodies, as you know, do undertake a lot of public works program and their man father 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 our local bodies should now 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, two students off deprived section of the society as well as those who do not have access to higher education.
It is proposed to start degree level, full fledged online education program.
They shall be offered only by institutions who are ranked within top 100 in the national Institutional Ranking Cream book.
Initially, only a few such institutions would be asked to offer such programs.
Uh, India should also be a preferred destination for higher education hen.
Under its study in India, program on in SAT exam is proposed to be held in Asian and African countries.
It will be used for benchmarking foreign candidates who received scholarships for studying an Indian higher education center.
A national police university on the National Forensic Science University are being proposed in the domain off policing, find forensic science on cyber forensics.
There is a shortage of medical doctors.
There is a shortage off qualified medical doctors, both general practitioners as well a specialist.
In order to meet this requirement, it is proposed to attach a medical college to an existing district hospital in PPP move that fully allow president leaves off the hospital to the medical college on wish to provide man.
That concession would be able to receive viability gap funding from the center.
Details of the team 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 belong to be extended, so the National Board of Examinations in Part B, Medical Qualifications Diploma on Federal Off National Book, D and B and S and B.
The government will therefore encourage large hospitals with sufficient capacity to offer the seven doctors the D, M V and F nd courses under the National Board of Examinations.
Their interests a huge demand for teachers, nurses, paramedical stuff and care givers all abroad.
There exists a huge demand abroad for teachers, nurses paramedical stuff and take it However, their skills it many a time do not match the employer standards and therefore need to be improved.
I've proposed that a bridge special bridge coast did the signed by the Ministry of Health Skill Development together with professional bodies to bring in equal Willens language requirements off.
Various countries need also to be included.
All of these should be achieved through a special training package.
Our government proposes to provide about 19 9300 crows for education sector in 2021 on about 3000 for skill development.
So I moved to the second thing economic development, aspirational India, economic development and caring society.
I'm not talking on economic development on an economic development industry.
Commerce on investment are the ones which come do not so the most important thing.
As an introduction, I'd like to stay here.
The good off, Cindy civilization and the head Open fields are remarkable.
What the single civilizations.
It's about Good 1000 before the common era they belong.
The seals in particular belongs toa 3300 BC Before the dominator.
Words from the script with their own have been the type of words from those hero clips have bean the cycle 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 skills and metallurgy, killed, trading and soon training is a word found in the head.
Open seas, which means Gil City is a word found in the head open, which means wholesale merchant safety was a wholesale merchant in the Sindhu civilization satisfied east into civilization is an affair of metal into treasury and also in continuing maritime power in terms of farmers and industry.
Called me is using word which blacksmith three on also iron and thinks misery existed that thing.
So India's commerce, India's Industry India trading such materials, which were all units to India, have existed and continues.
Oh, wait a minute.
So on tribunal hit has always been the strength of India.
That's the point I wanted to explain.
I'm sure many members already noise, and therefore they a bit restless on our partnership has always been the strength of India.
Even today, young men and women have given up greener pastures elsewhere to contribute to India's group.
They're 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, skins and risk taking capacities and capabilities of our youth.
He's no longer a job seeker.
He's a creator of jobs.
Now we wish to create more opportunities and remove roadblocks from.
I proposed to set up an investment clear and sell that will provide end to end facilitation and support, including three investment advice.
Free 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 or three separately developing economic activities, the upcoming economic corridor, revitalisation of manufacturing activities and technology, and the demand for aspirational.
We have to benefit from the convergence.
Hence, it is proposed to develop five new such smart cities and collaboration with states and in PPP move site would be tossing.
That's all for the best choices in terms of the Air Force aforementioned principles India needs to manufacture network products that will make it a part of global.
Why do teens This in turn gets more investment and generates more employment for our youth.
Electronics manufacturing industry is very competitive on India as soon it's costed.
One.
The potential of this industry in drop creation is immense.
India needs to boost domestic manufacturing on attract large investments in the electronics value.
Teen here I proposed a scheme focused on encouraging manufacturer mobile phones, Elektronik equipment and semiconductor packaging.
Details will be announced soon.
Suitable modifications this team can adopt can be adapted for manufacturing off medical devices too.
India imports significant quantity off technical textiles worth $16 billion every year to reverse the train and the 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 on speaker from the report, our prime minister spoke about quality and standards.
Many 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 three technical standards on their effective enforcement, all ministries during the course of this year would be suing Quantity.
Standard Order A team high port credit dispersement A new skin ner week is being launched, which provides the higher insurance cover reduction in premium for small exporters on simplified procedure for claim settlement, it is proposed to digitally refund to export it.
That was never Vic.
I'm coming to a different point now.
It is proposed to digitally refund to exporters duties and taxes.
Libby that the center state on the local level, such as electricity duties v a T back on fuel used for transportation which are not getting exempted or refunded under any other existing mechanisms.
This came for reversion of duties and taxes on exported products will be launched from this year.
Honorable Speaker.
It's official of our prime minister that each this trick should develop as an export hub.
Efforts off the center and state governments are being energized and institutional mechanisms are being created in order that every district becomes an export 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 also has a great opportunity for medium and small and micro enterprises.
3.24 black windows are already on this platform.
It is proposed to take its turnover.
Tow three.
Matt Cruz I proposed to provide about 27,300 course for development on promotion, off industry and commerce for the year.
2020 2021 under economic development of a second off point that I want to focus on is a very important point and it is on infrastructure 100 speaker in this.
In his Independence Day speech off 2019 the prime minister has highlighted that 100 black crows would be invested on infrastructure for the next five years.
As a follow up.
Misha I had launched the national interest of your pipeline on 31st December, 3903 lack roadwork projects.
It consists of more than 6500 projects across sectors and are classified as for the size and stage of development.
These new projects will include housing, safe drinking water, access to clean and affordable energy, health care for all world class education institutions, modern railway stations, airports, bus terminals, metro rivaled railway transportation, logistics and warehousing.
irrigation products, etcetera.
The national infrastructure pipeline envisions, including the ease off living for every each and every individual citizen in the country.
It will also bring in general can 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.
Self 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 you to cover 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 Lord six market on focus on generation of employment skills and making a mess Amis competitive.
So also accelerated development off highways will be an undertaking.
This will include development off 2500 kilometer access control 9000 kilometers off economic corridors, 2000 kilometers of coastal and land forthe roads on 2000 kilometres off static highways, denim booth and two other packages would be completed by 2023 and I been grew.
Its way would also be started.
So the prospect mechanisms and courageous towards greater commercialization off our highways.
So that energy I can raise more.
I proposed to monetize at least 12 lots off highway bundles are over 6000 kilometers before 2024 in carrying out its beauty the Indian greatly.
But once the service to the nation within 100 days or prevention off this government, it has commissioned 550 ryo, five facilities in as many.
It has eliminated on man level crossings on aims to achieve an electrification off 27,000 kilometres.
This was called obviously for optimization.
Of course, very ways have small operating 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 old by rail proposed country for station redevelopment products, and operational 150 passenger trains would be done through PPP moves.
The process of inviting private participation is underway.
More pages typed range more stage five planes will connect iconic tourist destinations.
High speed train between Mumbai and nobody would be actively pursued.
1 48 kilometer Ben Gloria suburban transport product at a cost of 18,600 would have friends on the model.
Central government would provide 20% of the equity on it will also facilitate external assistance after 60% of the product, our people need to be more efficient.
Technology has to.
You have to be used to improve performance governance.
Remember keeping with global benchmark needs to be put in place.
This government would consider called racially cooperate.
I think at least one major port and subsequently it's listing on the stock exchanges.
Inland waterways received the booth.
Inland waterway received a boost in the last five years.
The jungle, because mark on National Waterway one will be completed.
Further 890 kilometer Boobery study.
Our connectivity in a sum will be done by 2022 vulnerable speakers.
Developing waterways has it, in fact, on the court system 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 it's rocking, a traffic has been growing rapidly in the country as compared to global average.
100 more airports would be developed by 2024 to support John King.
It is expected that the athlete number shall go up from the present 602,200.
During this time, I proposed to provide 1.7 black clothes for transport infrastructure in 2021 so taking electricity to every household has been a major achievement of this come.
However, the distribution sector, but particularly the discomfort, are under financial stress.
The ministry intends to promote smart metering.
I heard all the state and union territories, states and 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 ripped for 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.
As for their quiet, further measures to reform this country would be taken.
I proposed to provide 22,000 close power and renewable energy sector for the year 2021.
Now I come to goin on next in the stream sector.
Oil and gas.
The open acreage licensing policies for a MP is having awarded 1 37,000 crack kilometers for exploration to private sector on to the CPS city gas distribution rights that 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 kilometers.
On Lee, we proposed to expand it to reach 27,000 kilometres with markets in India.
Further reforms will be undertaken to facilitate transparent price discovery and also these transactions.
So I come to talking about the new economy.
No, The new economy is based on innovation that the established business models, artificial intelligence, Internet of things, three d printing, grooms, Vienna, data storage, quantum computers, quantum, quantum computing, etcetera are all realizing the world economic order.
India already embraced a new paradigm, such as the sharing economy with aggregator 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 not a cliche because the new oil and it is true that analytics fintech on Internet Off things are changing the way we deal with our lives to take advantage of.
I proposed to bring out soon a policy to enable private sector toe build data center parcs throughout the country, sending data centers throughout the country.
It will enable our from tau skillfully incorporate data in every step off their value things.
Our vision is that all public institutions at the grand franchise living such as London bodies, health and wellness centers, government schools, PDS forced offices on police stations will all be provided with digital connectivity.
So fiber home f t th connections through Bharat met with LINC 100,000 Grandpa and Child this year.
One last romp inside this year itself will be connected to the optical fiber Deputy Edge program.
It is proposed, therefore, to provide 6000 clothes.
Tobar Affleck program 2020 21.
We need to expand the base off baseball knowledge driven enterprises, intellectual property creation and protection will play an important role.
Several measures proposed in this regard which will benefit the startup, but the little platform would be promoted that would facilitate seamless application and capture.
I PR also in an institute of Excellence.
A center would be established that would work on the complexity and innovation in the field off intellectual property.
Wonderful speaker knowledge translation clusters would be set up across the different technology sectors, including new and emerging sectors for the signing, fabrication and validation of proof of concept on further getting up technology clusters.
Harboring such desperate and small scale manufacturing facilities would be established.
Mapping off India's genetic landscape is critical for next generation medicine Agriculture on for bio diversity management.
To support this development, we will initiate to national level science king to create a comprehensive database.
The government proposes toe provide early life funding, including seed funds to support ideation and development off early stage started 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 with a white and Oakley off 8000 crows over a period of five years for the national Mission on Quantum Technologies and applications.
India would probably be the third biggest and pioneering nation if we're able to break into this technology 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 bullets carrying society in 1/3 team.
We focus on women and child social welfare, culture and tourism, and also on environment and climate change.
Women and child on social welfare.
I'm pleased to inform the house that baby but Alviti paddle has Edith Clemen did present and your date.
If you hear the data, I think it's important not upon the society issues related to women, they say.
But baby has seen that lemon broth end goldman pressure off goods across all levels of education is now higher than even relive it.
It is 94.3% against 89.284 boys.
At secondary level, it is 81.3% as compared to 78% for boys at higher secondary level, girls have achieved 11.
59.7.
Little compact, only 57.5 full points.
Gun.
Actually, I'm the baby put all benefiting from the way the status of Children and pregnant women beyond in 2017.
18 more than Max on the body.
Workers hard equipped with a smart move to applaud the nutritional status of more than on speaker for the benefit of those who may not have heard this line because it's very important, I'd like to repeat it.
Improve the national nutritional 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 black London body workers are equipped with smartphones to applaud the nutritional status of more than glory.
Scale of this development is unprecedented.
The next women's age of marriage was increased from 15 years to 18 years in 1978 by amending one shot the Act of 1929.
As India progresses, further opportunities open up for women to pursue higher education, and serious there are imperatives off lowering MMR maternal mortality rate as well as improvement, nutrition and die you off about age of girl entering motherhood need also to be seen.
In this light, I proposed to appoint a task force that will present its recommendations in six months.
Provide 35,600 closed for nutrition related programs for the financial year 2020 21 Continuing with our government's commitment to welfare of women.
This budget for whites for about 28,600 crores for programs that spectra Victor women, our government is that the mind that there shall be no manual cleaning off systems technologies for such talks have been identified by the Ministry of Housing and our benefit.
The ministry is looking with our local bodies for the adult adoption of the technology.
We will now take this to its logical conclusion way too.
Wait.
Thank you.
I think that even now take this even now takes its logical conclusion to legislative and institutional changes.
Financial support for wider acceptance of such technologies will be provided in furthering the government commitment towards the welfare off several cats and other backward classes.
I propose a budget prohibition off about 85,000 crows for 2020 21 on other backward classes, I repeat, I propose a budget provisions off about 85,000 clothes for 2020 21 in furthering the development and welfare of your tribe I provoked by the white in the budget for the year 2020 21 an amount of 53,700 for Samuel Fried, I repeat the provide 53,700.
The government is mindful off the concerns of senior citizens and the young accordingly and enhanced allocations off about 9500 growth is being provided for 2020 21.
So now I moved to the second off the third topic things that I have, which country and Buddhism our government proposes to establish an Indian institute hesitates and conservation on the Ministry of Culture.
It should have the status of a dame university.
Tow it acquisition of knowledge and disciplines such as musicology on archaeology are essential for collecting and analyzing scientific evidence off such findings on for dissemination through high quality museum Currently lack of trained man far is a handicap for both these disciplines and therefore it also has a negative impact on tourism.
Five archaeological sites.
Five archaeological sites would be developed as iconic.
Fight with on site.
They are Rocky, Gertie, Arianna have been a poor soccer in a thumb dome.
Evita, I repeat, five archaeological sites would be developed as iconic sites with on site museum.
They are rocky body.
Arianna, our prime minister in January 2020 announced recuperation off the Indian Museum in Kolkata, which is the oldest in the country.
In the historic o