❇️ * COVID-19 Highlights: -India’s Recovery Rate touches 97%; 11,858 recoveries in the last 24 hours. -The active caseload consists of 1.56% of India’s total Positive Cases. *
❇️ * Prime Minister Narendra Modi said #Budget2021-22 has feel of reality and confidence of development and showcases India’s self-belief and it will infuse a new confidence in the world in these difficult times. *
❇️ * Finance Minister Nirmala Sitharaman proposed ₹2,23,846 crore budget outlay for health and well-being for 2021-22, compared to ₹94,452 crore in the current fiscal, registering an increase of 137%. * -She also proposed a ₹35,000 crore outlay for COVID-19 vaccines *
❇️ * NHAI and PGCIL to set up infrastructure investment trust to attract global funds. Five operational roads with estimated enterprise value of Rs 5,000 crore are being transferred to NHAI InvIT. * -Transmission assets worth Rs 7,000 crore to be transferred to PGCIL InvIT *
❇️ * 34.5% increase in capital expenditure with be of Rs. 5.54 lakh crore * -More than Rs. 44,000 crore for projects/programmes/departments showing good progress *
❇️ * FM Nirmala Sitharaman proposes an outlay of ₹3,05,984 crore for a revamped reforms-based result-linked power distribution sector scheme * -Competitive framework to give consumers alternatives to choose from distribution companies *
❇️ * #FDI limit in insurance sector increased from 49% to 74% and foreign ownership & control allowed with safeguards * -Rs. 20,000 crore recapitalization of PSBS during 2021-22 *
❇️ * FM Nirmala Sitharaman announces key initiatives in the Petroleum & Natural Gas Sector * -Ujjwala Scheme will be extended to cover 1 crore more beneficiaries * -Gas pipeline project will be taken up in the Union Territory of J&K *
❇️ * #Budget proposes qualitative strengthening of 15,000 schools to include all components of national education policy * -100 new Sainik schools to be set up in partnership with NGOs/private schools/ states *
❇️ * #JalJeevanMission Urban to be launched, outlay ₹ 2.87 lakh crore over 5 years *
❇️ * Follow #COVID Appropriate Behaviour and limit the spread of the virus. #Unite2FightCorona *