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Delhi, Budget

The Budget Estimates of ` 65,000 crore in 2020-21 is 8.33 percent higher than the Budget Estimates of ` 60,000 crore in 2019-20 and 18.61% over Revised Estimates of ` 54,800 crore in 2019-20. Financial support of ₹ 6828 crore to the Local Bodies in 2020-21 is proposed as against ₹ 6380 crore in the Budget Estimates in 2019-20.

Delhi is being recognized for its new initiative and a new thinking towards education, health services, social welfare and social security measures taken to improve the standard of living and quality of life of the common man.

The Government of Odisha has come out with an exclusive document ‘Climate Budget’ which depicts the proportion of budget allocated for mitigating climate change. The document was presented in the Odisha Legislative Assembly on the occasion of the recent budget session of Odisha, commenced from 14 Feb 2020.

The Department-related Parliamentary Standing Committee on Science & Technology, Environment, Forests and Climate Change considered the Demands for Grants (2020-21) of the Ministry of Earth Sciences in its meeting held on 17th February, 2020.

The Government of Odisha is the first State in India to initiate the concept of Nutrition Budgeting in the Financial Year (FY) 2020-21. The analysis follows a multi-sectoral approach that deals with both Nutrition Specific (direct nutrition centric) and Nutrition Sensitive (indirect nutrition centric) schemes and interventions.

The recent growth in traction for zero budget natural farming (ZBNF) in India should be considered within the context of the growing agrarian crisis, as the gap worsens between input costs (including fertilizers, pesticides, agrichemicals, seeds, water, electricity, labour and farm loans) and the final prices that farmers (especially small-scale

Fiscal deficit targets sometimes lead to vicious cycles.

The Union Budget has been structured on the overall theme of “Ease of Living.” This has been achieved by farmer friendly initiatives such as Agriculture credit target of Rs 15 lakh crore for 2020-21; schemes of “Kisan Rail” and “Krishi Udaan” for a seamless national cold supply chain for perishables; and expansion of PM-KUSUM to provide 20 lakh

The Fifteenth Finance Commission (FC), in its report for fiscal year 2020-21, has recommended a marginal reduction in the vertical devolution of the divisible tax pool to 41 per cent from the prevailing 42 per cent.

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