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CONTENTS S. No. Chapter Name Page No. 1. 1. UNION BUDGET 2021-22 1-8 2. ECONOMIC SURVEY 2020-21 9-13 3. International And Bilateral 14 4. National 15-17 5. States 18-20 6. Economy and Banking 21-25 7. RBI Updates 26-27 8. Schemes & Initiatives 28-29 9. Cabinet Approvals 30 10 Science and Technology 31-33 11. Defence 34 12. Awards and Honours 35-36 13 Sports 37 14. Obituaries 38 15. Reports, Indices and Ranking 39-40 16. Committees 41 17. Summits and Conferences 42 18. Appointments 43-44 19. Days And Themes 45 20. Books and Authors 46 21. Defence Exercises And Operations 46 22. Current Affairs Practice questions 47-59 •Telegram: https://t.me/IACE4GovtJobs •YouTube: https://rb.gy/zhm0ll February 2021– Digest 1. UNION BUDGET 2021-22 Union Finance Minister Nirmala Sitharaman 2021-22 as against Rs. 94,452 crore in Budget presented the Union Budget 2021-22 on Estimates of 2020-21 – an increase of 137%. February 1, 2021 for the 3rd time in a row with 2.Physical and Financial Capital and Infrastructure multiple new schemes.This was the first The following initiatives are under this vision. paperless budget. The Union Government has ➢ Production Linked Incentive scheme (PLI) launched a dedicated Union Budget Mobile app ➢ Rs. 1.97 lakh crore in next 5 years for PLI schemes for both Android and Apple smartphones. The in 13 Sectors Finance Minister read out the document from a ➢ To create and nurture manufacturing global Made-in-India tablet.She presented the budget champions for an AatmaNirbhar Bharat 2021-22 which lasted around 1hour 50 minutes. ➢ To help manufacturing companies become an integral part of global supply chains, possess core The Budget 2021-22 mainly rests on six pillars competence and cutting-edge technology 1. Health and Wellbeing ➢ To bring scale and size in key sectors 2. Physical & Financial Capital, and Infrastructure ➢ To provide jobs to the youth 3. Inclusive Development for Aspirational India 3.Inclusive Development for Aspirational 4. Reinvigorating Human Capital India 5. Innovation and R&D ➢ Various schemes under the fields of Agriculture, 6. Minimum Government and Maximum Governance Fisheries, Migrant Workers and Labourers, Financial 1.Health and Wellbeing Inclusion are covered in the vision of “Inclusive ➢ Regarding Health and Wellbeing, budget focused on Development for Aspirational India” strengthening three areas; i.e, Preventive, Curative, and Wellbeing.There was Rs. 2,23,846 crore outlay for Health and Wellbeing in Budget Estimates of 1 IACE (Indian Academy of Competitive Exams) www.iace.co.in Toll Free: 1800-270-9975, Ph: 9533200400 •Telegram: https://t.me/IACE4GovtJobs •YouTube: https://rb.gy/zhm0ll February 2021– Digest 4.Reinvigorating Human Capital ➢ National Commission for Allied Healthcare ➢ Educational, Scheduled Castes and Scheduled Tribes Professionals already introduced to ensure Welfare are covered in “Reinvigorating Human transparent and efficient regulation of the 56 allied Capital” healthcare professions 5.Innovation and R&D ➢ The National Nursing and Midwifery Commission Bill introduced for the same in the nursing The following are the highlighted points under profession “Innovation and R&D” ➢ Proposed Conciliation Mechanism with a mandate ➢ Modalities of National Research Foundation for quick resolution of contractual disputes with announced in July 2019 – CPSEs ➢ 50,000 crore outlay over 5 years ➢ 3,768 crore allocated for the first digital census in ➢ To strengthen overall research ecosystem with a the history of India focus on national-priority thrust areas ➢ 300 crore grant to the Government of Goa for the ➢ 1,500 crore for proposed scheme to promote digital diamond jubilee celebrations of the state’s liberation modes of payment from Portuguese ➢ National Language Translation Mission (NTLM) to ➢ 1,000 crore for the welfare of Tea workers especially make governance-and-policy related knowledge women and their children in Assam and West available in major Indian languages Bengal through a special scheme ➢ PSLV-CS51 to be launched by New Space India Limited (NSIL) carrying Brazil’s Amazonia Satellite Other key sectors and some Indian satellites Affordable Housing As part of the Gaganyaan mission activities ➢ To promote affordable housing in the country, the ➢ 4 Indian astronauts being trained on Generic Space government has extended the time period of taking Flight aspects, in Russia loans to buy such houses by one year i.e till 31st of ➢ The first unmanned launch is slated for December March 2022. To keep up the supply of affordable 2021 houses, the Minister said that affordable housing ➢ 4,000 crore over five years for Deep Ocean Mission projects can avail a tax holiday for one more year – survey exploration and conservation of deep-sea till 31st of March, 2022. biodiversity Agriculture 6.Minimum Government, Maximum ➢ To provide adequate credit to farmers, the Governance government has enhanced the agricultural credit ➢ The following schemes were covered in “Minimum target to 16.5 lakh crore rupees in next fiscal with a Government, Maximum Governance” focus on ensuring increased credit flows to animal ➢ Measures being undertaken to bring reforms in husbandry, dairy, and fisheries. Tribunals to ensure speedy justice 2 IACE (Indian Academy of Competitive Exams) www.iace.co.in Toll Free: 1800-270-9975, Ph: 9533200400 •Telegram: https://t.me/IACE4GovtJobs •YouTube: https://rb.gy/zhm0ll February 2021– Digest Fishery ➢ One Nation One Ration Card – One Nation One ➢ Government has planned to invest in the Ration Card plan is under implementation by 32 development of modern fishing harbours and fish states and UTs, reaching about 69 crore landing centres. 5 major fishing harbours – Kochi, beneficiaries, covering 86 per cent of total Chennai, Visakhapatnam, Paradip, and Petuaghat – beneficiaries. She said the remaining 4 states and will be developed as hubs of economic activity. UTs will be brought under One Nation One Ration Card plan in next few months. Rural Infrastructure Development ➢ Jal Jeevan Mission- Jal Jeevan Mission (Urban) will ➢ Government has also enhanced the allocation to the be launched to provide universal water supply in all Rural Infrastructure Development Fund from 30,000 4,378 Urban Local Bodies with 2.86 crore household to 40,000 crore rupees. tap connections to be implemented over 5 years, ➢ Government has also decided to integrate 1,000 with an outlay of 2 lakh 87 thousand crores. more mandis with e-NAM to ensure transparency ➢ Urban Swachh Bharat Mission 2.0- Urban Swachh and competitiveness in agricultural market. Bharat Mission 2.0 to be implemented with a total ➢ A professionally managed Development Financial financial allocation of over 1.41 lakh crores over a Institution will be set up to provide, enable and to period of 5 years from 2021 to 2026. act as catalyst for infrastructure financing. A sum of ➢ To tackle the problem of air pollution 2,217 crore 20,000 crore rupees to be provided to capitalise this rupees will be provided for 42 urban centres institution. 3 IACE (Indian Academy of Competitive Exams) www.iace.co.in Toll Free: 1800-270-9975, Ph: 9533200400 •Telegram: https://t.me/IACE4GovtJobs •YouTube: https://rb.gy/zhm0ll February 2021– Digest Health Transportation ➢ PM Atma Nirbhar Swasth Bharat Yojana – A new ➢ By March 2022, another 8,500 kms will be centrally sponsored scheme, PM Atma Nirbhar undertaken to complete an additional 11,000 kms of Swasth Bharat Yojana, will be launched with an national highway corridors. outlay of about 64,180 crores over 6 years. This will ➢ Indian Railways have prepared a National Rail Plan be in addition to the National Health Mission. for India – 2030 to create a ‘future ready’ Railway ➢ Mission Poshan 2.0- To strengthen nutritional system by 2030; It is expected that Western content, delivery, outreach, and outcome, the Dedicated Freight Corridor (DFC) and Eastern DFC Supplementary Nutrition Programme and the Poshan will be commissioned by June 2022. Abhiyan will be merged and Mission Poshan 2.0 ➢ A new scheme will be launched at a cost of 18,000 will be launched to improve nutritional outcomes crore rupees to support augmentation of public bus across 112 Aspirational Districts. transport services. Textile ➢ 3,500 km of National Highway works in the state of ➢ Mega Investment Textiles Parks (MITRA) will be Tamil Nadu at an investment of 1.03 lakh crores has launched in addition to the Production Linked been proposed. These include Madurai-Kollam Incentive scheme to create world class infrastructure corridor, Chittoor-Thatchur corridor. Construction in exports. Seven Textile Parks to be established will start next year. over 3 years. 4 IACE (Indian Academy of Competitive Exams) www.iace.co.in Toll Free: 1800-270-9975, Ph: 9533200400 •Telegram: https://t.me/IACE4GovtJobs •YouTube: https://rb.gy/zhm0ll February 2021– Digest ➢ 1,100 km of National Highway works in the State of Power Kerala at an investment of 65,000 crores has been ➢ A revamped power distribution sector scheme will proposed. This includes 600 km section of Mumbai- also be launched with an outlay of over 3.05 lakh Kanyakumari corridor in Kerala. 675 km of highway crores over 5 years. works in the state of West Bengal also announced at ➢ A Hydrogen Energy Mission will be launched in a cost of 25,000 crores including upgradation of 2021-22 for generating hydrogen from green power existing road-Kolkata – Siliguri. sources as announced by the Prime Minister ➢ Two new technologies – ‘MetroLite’ and Narendra Modi in November 2020. ‘MetroNeo’ will be deployed to provide metro rail ➢ Seven projects worth more than 2,000 crores will be systems in Tier-2 cities and peripheral areas of Tier- offered by the Major Ports on Public Private 1 cities. Partnership mode in Financial Year 21-22 . ➢ National Highway works of around 19,000 crores ➢ Government has provided additional capital infusion are currently in progress in the State of Assam.