Budget 2021 : Sitharaman allocates Rs 50,000 crore for National Research Foundation In addition, around Rs 1500 crore is earmarked for financial incentive for making payments in digital mode. The new initiative National Language Translation Mission, will translate governance and policy related documents available online to major Indian languages. February 01, 2021 / 01:21 PM IST The Union Budget 2021 announced Rs 50,000 crore in budget for National Research Foundation for the period of five years. This will focus on the national priority thrust areas. The idea is to promote research and development and spur innovation in the country. In addition, around Rs 1500 crore is earmarked for financial incentive for making payments in digital mode. Another new initiative taken by the government is the National Language Translation Mission, with the intention to translate governance and policy related documents available online to major Indian languages.