The budget aims to promote ease of living through initiatives focused on aspirational India, economic development, and a caring society. Key aspects include a fiscal deficit target of 3.8% for FY21, increased revenues of INR 19.32 trillion, and expenditures of INR 26.99 trillion. Deficit will be met through taxes, monetizing highways, and disinvestment. Sectors like agriculture, education, infrastructure, and healthcare will see increased focus. Tax reforms include lower corporate tax rates and a new simplified individual tax system without deductions. The budget emphasizes digital initiatives, increasing farmer incomes, expanding health and education infrastructure across India.

1. Budget 2020
FM : Nirmala Sitharaman

2. Backdrop of
the budget
speech – Ease
of Living
Aspirational India
Economic Development
Caring Society

3. Budget biasness
Economic
Social

4. Budget Book – deficit of 3.8%
Revenue :
INR 19.32
trillio
Expenditure
: INR 26.99
trillio

7. Key items that will fulfill the Deficit ?
Taxes
Monetising National Highway
Disinvestment from IDBI, LIC and more
G Sec borrowing

8. Key points in each pillars
Aspirational India
Agriculture, Irrig ation and Rural
Development
Wellness, Water and Sanitation
Education and Skills
Economic Development
Industry, Comm erce and
Investment
Infrastructure
New Economy
Caring Society
Women & Child, Social Welfare
Culture and Tourism
Environment and Climate Change

9. FM boasted
on BJPs
attempt in
Ease of Living
• Good Governance : she talked about
• Structural reforms : E way Bill, 60 lacs tax payers
added last year and prices came down
• Digital Revolution : Increased social security and
better penetration of schemes
• Inclusive Growth : “Sabka Saath, Sabka Vikas,
Sabka Vishwas” thru various schemes like –
Ujjwala, Solar etc
• Better Financials
• Separation of NPS schemes for government
employees
• FPI investments limit increased to 15% in Bond
market
• Selling balance stake in IDBI etc

11. FM aimed at
Easing Tax
System with
‘Tax Charter’
• Special Tax benefits :
• Concessional corporate tax rate of 15 per cent to new domestic companies in
manufacturing and power sector
• Other benefits for start up and MSMEs etc
• Special Tax System :
• Dividend Distribution Tax removed and classical system of dividend taxation
adopted; now investor will get Dividend with TDS deducted @5%
• Simplified GST system from 1st April 2020
• Special Tax Rates ( people have choice to file returns as per any of the Tax regime –
old or new)
• Old Tax rate exits , which has option to avail deductions as usual
• New Tax rate has no deduction option

12. New Tax rate as per new regime

13. Key initiatives
for
Agriculture
Emphasis on Fish production, Milk
Production and horticulture
One product One district focus
Kisan Rail and Kisan Udan for transport of
cold supply chain for perishable items
Use of Digital technology thru ‘BaratNet’

14. Key initiatives
for Wellness ,
Water and
Sanitation
Adding more hospitals under
Jan Arogya scheme
“TB Harega Desh Jeetega”
campaign launched to end TB by
2025
Jan Aushadhi Kendra to reach
every district by 2024

15. Key Initiatives
in Education
About 150 higher educational institutions
will start apprenticeship embedded
courses
Special bridge courses to improve skill sets
of those seeking employment abroad
Degree level online education
programmes for students of deprived
section
Special courses for Policing and forensic
science

16. On Infrastructure front
• Roads :
• National Logistics Policy to be launched soon National Logistics
Policy to be launched soon
• Accelerated development of Highways
• Railways:
• Four station redevelopment projects
• 150 passenger trains through PPP mode.
• More Tejas type trains for tourist destinations.
• Port:
• Corp g jp oratizing at least one major port.
• Air:
• 100 more airports to be developed under UDAAN.

17. ENERGY
• Efforts to replace conventional energy meters by
prepaid smart meters is a welcome step
• Proposal to Expand National Gas Grid to 27,000
km is also a good initiative
• And finally , the solar power initiative will give it
a good booster

18. Towards
Caring Society
SMART PHONE TO MORE
THAN 6 LAKH ANGANWADI
WORKERS
PROPOSAL TO ESTABLISH
INDIAN INSTITUTE OF
HERITAGE AND
CONSERVATION
5 ARCHEOLOGICAL SITES
AND 3 MEUSEUM
DISASTER RESILIENT
INFRASTRUCTURE FROM
SEPT 2019
IMPLEMENTATIONS OF
CLEANER AIR REVOLUTION
AT STATE LEVEL

19. Where
Budgets have
been
increased ?
PM KISAN
Pradhan Mantri Swasthya Surakhs Yojana
Pradhanmantri Avaas Yojana
LPG
Pradhanmantri Gram Sadak Yojana
Highest Expenditure given to Ministry of Defence and
lowest to Ministry of Urban Affairs

20. Expenditure division

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