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Union Budget 2021: Here is Full Text of Nirmala Sitharaman's Address at the Parliament

Union Budget 2021: Here is Full Text of Nirmala Sitharaman s Address at the Parliament
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Introduction
Honourable Speaker, the preparation of this Budget was undertaken in circumstances like never before. We knew of calamities that have affected a country or a region within a country, but what we have endured with COVID-19 through 2020 is sui generis.
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When I presented the Budget 2020-21, we could not have imagined that the global economy, already in throes of a slowdown, would be pushed into an unprecedented contraction.
We could not have also imagined then that our people as those in other countries would have to endure the loss of near and dear ones and suffer hardships brought about due to a health crisis. ....

Jammu And Kashmir , Hong Kong , Madhya Pradesh , United Arab Emirates , Andhra Pradesh , West Bengal , Tamil Nadu , State Of Assam , State Of Kerala , Swachch Bharat , Amrut Mahotsav , Neelachal Ispat Nigam , Atmanirbhar Bharat , Aatmanirbhar Swasth Bharat Yojana , Pradhan Mantri Garib , Swasth Bharat , Haridwar Mahakumbh , Rabindranath Tagore , Giga Watts , Poshan Abhiyan , Pawan Hans , Nashik Metro , Bharatmala Pariyojana , Insurance Companies , Space India Limited , National Apprenticeship Training Scheme ,

Govt committed to farmers' welfare, MSP system strengthened, sharp increase in payment to farmers: FM : The Tribune India

New Delhi, February 1
Amid the ongoing farmers’ agitation against the three farm laws, Finance Minister Nirmala Sitharaman on Monday announced “nine measures” for agriculture and allied sector (the “sole bright spot with growth of 3.4 per cent during 2020-21”, according to the Economic Survey) in the Union Budget, including extending Agriculture Infrastructure Fund to APMCs and 10 per cent hike in agriculture credit target.
Sitharaman said: “To provide adequate credit to our farmers, I have enhanced the agricultural credit target to Rs 16.5 lakh crore in FY-22. We will focus on ensuring increased credit flows to animal husbandry, dairy and fisheries”.
The Budget Estimate (BE)-2021-22 for the Ministry of Agriculture and Farmers’ Welfare is Rs 131531.19 crore, including Rs 123017.57 crore for its various schemes and Rs 8513.62 crore for agricultural research and education. While BE 2021-22 of Rs 123017.57 crore for schemes is higher that Revised Estimate ....

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development cess: Govt proposes 10% hike in farm loan target for FY22; announces agri infra development cess

Asserting that the government is committed towards farmers welfare, Finance Minister Nirmala Sitharaman on Monday proposed 10 per cent hike in the farm loan disbursal target to Rs 16.5 lakh crore in the Budget, and introduced an agri-infra and development cess of up to 100 per cent to create post-harvest infrastructure for improving farmers income.
The minister also proposed higher allocation for Rural Infrastructure Development Fund and Micro Irrigation Fund, and extended Agriculture Infrastructure Fund to APMCs for augmenting infrastructure facilities.
The government also proposed substantial investments for the development of fishing harbours, fish landing centres and promote seaweed farming.
Presenting the first digital Budget in Parliament, Sitharaman said the proposal on agriculture will further strengthen the Sankalp of the nation first, doubling farmers income, strong infrastructure.. , among others. ....

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Budget 2021: 'Agricultural Infrastructure and Development Cess'; Finance Minister Proposes Proposes Agri Cess On Infrastructure

Budget 2021: The cess is to conserveagricultural output and improveinfrastructure.
While announcing the Union Budget on Monday, Finance Minister Nirmala Sitharaman announced an Agricultural Infrastructure and Development Cess (AIDC) to conserve agricultural output and improve infrastructure. There is an immediate need to improve agricultural infrastructure so that we produce more, while also conserving and processing agricultural output efficiently. This will ensure enhanced remuneration for our farmers. To earmark resources for this purpose, I propose an Agriculture Infrastructure and Development Cess (AIDC) on a small number of items. However, while applying this cess, we have taken care not to put additional burden on consumers on most items, Sitharaman said during her third budget speech. ....

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