The final budget of Modi government’s second term was declared on 1 February. Nirmala Sitharaman presented the budget for the sixth consecutive time.
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Taxes
No changes were made to the tax slab. People with income up to Rs 7 lakh are not subjected to any tax.
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Better connectivity
The budget addressed the increased connectivity in both big and small cities. It outlined plans for expanding metros in major urban cities, as well as in smaller cities.
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PM Awas Yojana
Nirmala Sitharaman mentioned that 3 crore houses have been built under the PM Awas Yojana. In the next 5 years, 2 crore more houses will be constructed.
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Free vaccination
The budget will promote vaccination for cervical cancer, including free vaccination for girls aged 9-14 years as part of the initiative.
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Tourism
Budget highlighted the promotion of tourism in the Northeast, Lakshadweep, and other islands. The government plans to prioritize infrastructure development in these areas.
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Ayushman Bharat
Nirmala Sitharaman announced the inclusion of Asha Anganwadi workers under the Ayushman Bharat scheme, benefiting many workers across India.
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Solar energy
It was proposed in the budget that 300 units of free electricity generated through solar energy will be provided to one crore households across India.
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Medical colleges
A committee will be formed to transform hospitals into medical colleges. Improving healthcare facilities was also emphasized in the budget.