The bugle of the budget is over. The country’s general budget is going to be presented on 1 February 2021. But, this time the railway does not seem to get special attention. Railway Ministry has set a budget of about 1.80 lakh crores from the Finance Ministry for the next business year.
The bugle of the budget is over. The country’s general budget is going to be presented on 1 February 2021. But, this time the railway does not seem to get special attention. Railway Ministry has set a budget of about 1.80 lakh crores from the Finance Ministry for the next business year. According to sources – Ministry officials have expressed their inability to meet this huge demand, citing Covid Impact.
The source said that the railway budget for the business year 2021-22 is going to be around 1.70 lakh crore. Not only this, help from the Center i.e. gross budgetary support can also be around ₹ 75000 crore this time.
This time in the Railway Budget, private train, new train sets, faster travel on new route, better rail connectivity to tourist destinations, focus on solar panel based green energy, expansion in farmers train service, in North East states Infra is going to focus on expansion for rail connectivity.
Explain that after the pandemic, there is a need to give economic momentum to the country. In such a situation, all eyes will be on the Finance Minister. Finance Minister Nirmala Sitharaman has already clarified that this time the budget will be like it would never have been in 100 years. But, another feature of Budget 2021 will be. For the first time, the budget will be without any documents. Meaning completely paperless. This will be the first time in the history of independent India when the budget will be completely paperless.
Covid 19 Pandemic
If sources are to be believed, this budget will not be printed. No documents will be kept in physical form. If sources of the Finance Ministry are to be believed, due to the Covid-19 pandemic, the papers of Union Budget will not be printed this time.
Union Budget not printed
Every year the documents of the Union Budget are printed in the press of the Ministry of Finance. About 100 employees are involved in this process, who are imprisoned for about 15 days until the budget documents are printed, sealed and delivered on the budget day. They are not allowed to go out or talk to anyone.
