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Union Budget Estimated Receipts Summary Paper

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Summary of Union Budget 2021-22 As per Article 112 of the constitution, a union budget is basically the statement of the estimated receipts and expenditure of the government. It is also known as the annual financial statement of the government. Department of Economic Affairs, Ministry of Finance is the nodal body responsible for preparing the Budget. Budget 2021-22 is the first budget of the new decade 2021-30 and is also the first ever digital union budget. This budget which comes in the backdrop of unprecedented COVID-19 crisis reflects the firm commitment of the Government to boost economic growth by investing in infrastructure development. Part A Budget proposals for 2021-2022 rest on 6 pillars: 1. Health and Wellbeing 2. Physical & Financial Capital, and Infrastructure 3. Inclusive Development for Aspirational India 4. Reinvigorating Human Capital 5. Innovation and R&D 6. Minimum Government and Maximum Governance Health and Wellbeing Health Systems: PM AatmaNirbhar Swasth Bharat Yojana, a new centrally sponsored scheme will be launched It will develop capacities of primary, secondary, and tertiary care Health Systems, strengthen existing national institutions, and create new institutions, to cater to detection and cure of new and emerging diseases. It will be implemented over 6 years and will be in addition to the National Health Mission. Main interventions under scheme includes: Support for Health and Wellness Centers. Setting up integrated public health labs in ...
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