PM Narendra Modi has praised the budget presented by the FM Nirmala Sitharaman and called it a budget that shows India’s confidence and instils self-confidence.
FM announced that Jal Jeevan Mission Urban will be launched with and outlay of ₹ 2.87 lakh crore over 5 years which is aimed at universal water supply in all 4,378 urban local bodies, with 2.86 crore household tap connections and liquid waste management in 500 AMRUT cities.
She also announced Urban Swachh Bharat Mission 2.0 with outlay of ₹ 1,41,678 crore over 5 years from 2021 focused on complete fecal sludge management, wastewater treatment, source segregation, management of waste from urban construction, bioremediation of legacy dump sites.
Announcing major infrastructure boost, FM announced highway works in various states including 3,500 km corridor in Tamil Nadu, 1,100 km in Kerala at investment of Rs 65,000 crore, 675 km in West Bengal at a cost of Rs 95,000 crore and 1,300 km in Assam in the next 3 years. In May 2020, Govt announced the Atmanirbhar Bharat package, to sustain the recovery further we also rolled out two more Atmanirbhar packages. Total financial impact of all packages including measures taken by RBI was estimated to be about Rs 27.1 lakh crores, Sitharaman added.
Source: Financial Express