The document discusses the Indian Union Budget for 2021-22, emphasizing key aspects such as defense allocation, agricultural initiatives, and fiscal estimates. It highlights Nirmala Sitharaman as the first female finance minister, detailed expenditure categories, and growth in the defense budget. Moreover, it outlines improvements in agricultural credit and infrastructure investments to enhance economic activities in the sector.

1. “VOCAL FOR LOCAL”

2. Nirmala Sitharaman
First Full Time Female Finance Minster.
The Long Budget Speech At
2 Hours And 41 Minutes. (2019)
Bulga (Latin - Leather Bag)
Bougette (French)
bogget (English)
Budget (English)

3. What Is Budget?
According to article 112of the Indian constitution
“the union budget of a year , also referred to as the
annual financial statement, is a statement of the
estimated receipts and expenditure of the government
for that particular year.”

4. Revenue And Expenditure
36%
5%
14%
8%
13%
15%
3%
6%
Borrownigs and other
liabilities 36%
Non-debit capital
receipts 5%
Income tax 14%
Union excises Duties 8%
Corporation Tax 13%
Gst 15%
Customs 3%
Non Tax Revenue 6%
10%
14%
10%
16%
20%
8%
8%
9%
5%
Other Expenditure 10%
Central sector Schemes
14%
Finance Commission and
Other Transfers 10%
States share of Taxes
and Duties 16%
Interest Payments 20%
Defence 8%
Subsidies 8%
Centrally Sponsored
Schemes 9%
Pensions 5%
Comes Goes

5. DEFENCE ANALYSIS
Indian defence budget has grown at an annual average
rate of 9% (in Rs crore)
147.3
164.4
193.4 203.7
229
246.7
340.9
359.9
404.4
431
471.4 478.1
2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22
Source TOI

6. DEFENCE
Higest capital defence budget
In last 15 years
The total allocation for defense in
2020-21 - 4,71,378 Cr.
2021-22 – 4,78,195.62 Cr.
Excluding pension 3,62,345.62 Cr.
Capital Budget 1,35,060.72 cr.
Revenue expenditure 2,27,284.9 Cr
Defence
Pensions,
115,850,
24%
other
services,
362,345,
76%
Other services,
298,000
Defince
Pension,
133,000

7. Army has lowest capital share among three forces
Air Force Navy Army
Revenue expenditure
(in Rs Cr.)
29,963 22,935 1,46,941
Capital Expenditure
(in Rs Cr.)
43,282 26,688 32,474
Total (in Rs Cr.) 73,245 49,623 1,79,415
Revenue Expenditure
as % of total
41% 46% 82%
Capital Expenditure as
% of total
59% 54% 18%

8. Agriculture
• Agricultural credit target enhanced to Rs. 16.5 lakh crore in
FY22.
• Rural Infrastructure Development Fund to be enhanced to Rs.
40,000 crore from Rs. 30,000 crore
• To double the Micro Irrigation Fund to Rs. 10,000 crore
• Operation Green Scheme to be extended to 22 perishable
products, to boost value addition in agriculture and allied
products

9. • Around 1.68 crore farmers registered and Rs. 1.14 lakh crore of
trade value carried out through e-NAMs; 1,000 more mandis to
be integrated with e-NAM to bring transparency and
competitiveness.
• APMCs to get access to the Agriculture Infrastructure Funds for
augmenting infrastructure facilities
• Ensured MSP at minimum 1.5 times of the cost of the
production. Across all commodities
• PM-Kissan Yojana: A big announcement, PM-KISAN samman
nidhi yojana scheme list benefits may be hiked from Rs 6,000
to Rs 10,000

10. Agriculture
Fisheries
•Investments to develop modern fishing harbors and fish landing centers – both marine
and inland
•5 major fishing harbors – Kochi, Chennai, Visakhapatnam, Paradeep, and Petuaghat to
be developed as hubs of economic activity
• Multipurpose Seaweed Park in Tamil Nadu to promote seaweed cultivation

11. • in COVID-19 pandemic situation the government taken several good
decision on agricultural sector. They specially did implements on
health sector . Finally we thought this budget was good . Also it could
be better.
conclusion