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Union Budget 2020 Highlights

February 1, 2020
Union Budget 2020

Key Highlights Of The Plan:

  • The national infra pipeline of Rs 106 lakh crore addresses the country’s needs.
  • To set up a project preparation facility for infrastructure projects.
  • National logistics policy to be released soon.
  • Logistics policy to create a single-window e-logistics market.
  • Delhi-Mumbai Expressway to be completed by 2023.
  • To monetize 12 lots of highway bundles by 2024.
  • Indian Railways commissioned 550 Wi-Fi facilities.
  • Railways have a small operating surplus.
  • Solar power capacity to be set-up alongside rail tracks.
  • Four station redevelopment projects to be done through PPP model.
  • More Tejas-like trains to connect iconic tourist destinations.
  • 100 more airports to be developed by 2024.
  • To provide 20% equity, external assistance for metro projects.
  • To provide Rs 22,000 crore for power, renewable energy in FY21.
  • To expand the national gas grid to 27,000 km from 16,200 km.
  • Aim policy to enable private sector to build data-centre parks.
  • Fibre-to-home through Bharat Net to link 1 lakh gram panchayats.
  • Propose to provide Rs 6,000 crore to Bharat Net.
  • To initiate two national-level science schemes.

Economy and Finance

  • Bank deposit insurance cover has been increased from Rs 1 lakh to Rs 5 lakh per depositor.
  • Government plans to amend the Companies Act to decriminalize civil offenses.
  • Government to sell part of its stake in LIC via a public offering.


  • ₹99,300 crore for the education sector in 2021 and about ₹3,000 crores for skill development.
  • Urban local bodies to provide internship to young engineers for a year.
  • IND SAT exam for students of Asia and Africa to promote “study in India” program.
  • Degree-level full-fledged online education programs by institutions ranked in the top 100 in NIRF rankings, especially to benefit underprivileged students.
  • A national police university and a national forensic science university is proposed to be setup.


  • The budget proposes to provide ₹1.7 lakh crore for transport infrastructure in 2021
  • 100 more airports will be developed by 2024 to support UDAN.
  • Govt to monetize 12 lots of national highways by 2024.
  • National Logistics Policy to be released soon.
  • Chennai-Bengaluru Expressway to be started.
  • Aim to achieve electrification of 27,000 km of lines.
  • Plan to have a large solar power capacity for Indian Railways.


  • A budget allocation of ₹2.83 lakh crore for the sector comprising agriculture and allied activities.
  • Doubling farmer's incomes by 2022.

  • Agri-credit availability set at ₹15 lakh crore for 2020-21.

  • Comprehensive measures for 100 water-stressed districts.

  • Provide 20 lakh farmers to set up standalone solar pumps. Help another 15 lakh farmers to solarise their power grid.

  • Village storage scheme proposed to be run by women SHGs.

  • Indian Railways to have refrigerated coaches capability in 'Kisan trains' to carry perishables and milk.
  • Krishi UDAN on international and national routes.

Health and Sanitation

  • ₹12,300 crore for Swachh Bharat this year.
  • Expand the Jan Aushadhi scheme to provide for all hospitals under Ayushman Bharat by 2025.
  • Proposal to set up hospitals in Tier-II and Tier-III cities with the private sector using PPP.
  • An allocation of ₹69,000 crores for the health sector



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