My name on it.

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I rise to lay on the table.

A copy of the falling papers Report off the 15 Finance Commission for the year 2020 2021 Explanation.

Re memorandum on the action taken on the recommendations contained in the report Off 15 Finance Commission.

I don't number two sympathy Animal Asi Daughter Mandy made the shit car side right with your permission to present a statement of the estimated receipts and expenditure off the government of India for the year 2020 2021 like a car or were prostitutes during a blast.

It Armani I write to present the budget for the year 2020 2021.

So in May 2019 Prime Minister Mordy received a massive mandate to form the government again with renewed vigor.

Under his leadership way, commit ourselves to present to serve the people of India with all humility and dedications.

People of India have unequal locally, given the general dish for not just political stability and also reports straight in our economic policy.

This is the budget, the boost their incomes on enhanced, therefore chasing only through higher broad.

We can achieve that and have a ute gainfully and meaningfully employed.

Let our businesses being awaited.

Hendee and Solvent Reduce of technology for today's youth born at the turn of the century for every member of the shed, your cast and said your tribes who seek a better life for every woman wishing to stand up and get counted for every individual from the minority section of our society, this budget aims to give on have your aspirations and hopes addressed the open up for a vibrant and dynamic economy with a gentle breeze off new technology, This vibrant India shall be a caring society which shall attend to its weak, the old and the vulnerable among its citizens.

During 2013 19 our government brought in a paradigm shift in governance.

This ship was characterized by a twin fundamental structural reforms on in que inclusive group.

Fundamentals of the economy are strong and that has ensured macroeconomic stability.

Inflation has bean well contained banks for a little cleaning up off accumulated rooms off the past decade and then they re capitalized.

Companies were provided an extra through the I V C seven steps on the form formalization of the economy were taken up off the structure of the slums.

The goods and service is fax.

The GSC has bean the most historic in our country.

It's chief architect is not with us today.

I pay hommage.

I pay homage to the missionary leader.

Let's see a room, time, time A lot of Jefty, he had said.

And I quote, India will be in India.

It will be in India.

So it will be in India where the center and states will work harmoniously towards the common goal off, said Prosperity.

The unanimity of the constitutional amendment on the consensus of the GSC constant highlights that India can write about narrow politics for the nation's interest.

With the GSC nadir, the state nor the center loses its star sovereignity.

In contrast, they will pull this opportunity on decisions on indirect taxes uncooked through the decision for the historic structural reform, the goods and services stack has been gradually maturing into attacks that has integrated the country economically.

It has consolidated numerous sex and toe one pax on facilitated formalization of the economy.

It has resulted in the efficiency gains in logistic and transport sectors.

The turnaround time for trucks has witnessed the substantial introduction to the tune of 20% due to abolition of check post in the steam breaded inspector that has also vanished.

It has also led to a significant benefit to M S m E by way off enhanced threshold on composition limit.

The effective tax incidents on almost every commodity came down substantially through several rate reductions on annual benefit.

Off 1 ₹lakh crore has been extended to consumers.

It amounts to a 10% reduction in overall tax incidents.

On average, Household now saved about 4% off its monthly expense on account of reduced GSC.

During this face off maturing, Jesse did face certain challenges.

This was a natural as transition was daunting.

JST Consul has bean proactive in resolving issues during the transition.

In the last two years, we have added more than 16 new tax feels talked enough about what the cross returns they fight.

800 crore invoices were looted, 100 and five growth e ve bills were generated.

There has been extensive engagement with stakeholders.

A simplified new returns system is being introduced from 1st April 20.

Former Prime Minister I had one.

A concern that the troops off the welfare schemes were not treating the intended citizens the common and deserving citizens.

We're only receiving 15 off every would be sent to him, guided by because stepped up the trust our moment and our prime minister added manifold speed and skinned up the implementation of schemes and programs that directly benefited the poor.

And the one thing I wish to lift out.

Only a few as examples.

One very first kings with static benefit transfers embedded in them to sanitation and water.

Provisional basic needs on as a measure of preventive healthcare.

Three.

Health care through Iceman but it clean energy through Julia and solar power, financial inclusion, credit support, insurance protection, toe vulnerable sections and pensions Team Did you six.

Digital penetration with Broadband and U.

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And finally affordable housing for all through P.

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The milestones achieved are unprecedented globally recognised and benchmarked against international induces.

This strategy changed the established order off a few individuals cornering most of the benefits and was appreciated by the people.

This had immensely parts of the world comes.

We have moved on from a growth rate of just over 4% in 19 fifties, 6% in eighties and in the nineties.

However, during 2014 and 19 we clocked the growth of 7.4% on average, with inflation averaging around 0.5%.

It is not right to note that inflation was close to 9% in the in 2006 and 16 India was able to raise 271 million people out of poverty, which they also wear now, the first largest economy off the world.

India foreign direct investment got elevated to the level off $284 billion during 2014 and 19 from $190 billion that came in during the years 2009 to 14.

The central government debt that has bean, the bane of our economy, got reduced in March 2019 48.7% off GDP from 11 off 32.2% in March 2014.

Just between 14 and 19 as we call the bigger the central government debt in March 2019 has come down to 48.7% of GDP from a level off 52.2% in March 2014.

With this backdrop, our government shall what?

The words taking the country forward so that we can leapfrog to the next level of health prosperity and will be we tried to bring ease off living toe every citizen I'm mindful off president thing this budget in the back drop off to cross cutting developments one.

Proliferation of technologies, especially analytics machine learning, robotics, bioinformatics on artificial intelligence and also number two the number of people in the productive age group that is 15 to 65 years of age in India being acted.

So these are the two cross cutting streams keeping in the backdrop.

While we're talking about the budget today, this combination is special toe contemporary India across the world if there is a shrinking off globalization.

Equally there is a debate on the efficacy of monetary policy too.

The efforts we have made in the last five years and the energy the enthusiasm on the innovation off yout are the ignition required to push forward.

The Indians did it off onto ownership which weathered several storms over the centuries inspire on motivators.

We recognize the need to support and further and dies the spirit.

This budget is worn around three prominent things one aspirational India, in which all sections of the society sick, better standards of living with access to health, education and better jobs Do economic development put on indicated in the prime minister's exaltation off.

Stop!

Stop the car.

This would maintain reforms across the bridge of the economy.

Simultaneous me.

It would mean fielding more space for the private sector.

Together they would enter higher productivity and greater efficiency.

On three always shall be a catting.

So fighting that is bought, humane and compassionate anti O'Dea is an article off.

So I repeat, this budget is one on on three prominent teams.

Aspirational India, economic development and a caring society.

The decision Revolution, which has placed India in a unique leadership positions globally, will see the next week the Shalane toe achieve seamless delivery of service is through digital governance to improve physical quality of life to national infrastructure, pipeline risk mitigation, tow the faster the seeming social security pension on insurance penetration.

Each one of these initiatives and their confidence would be benchmark to international standards and the industry would be announced before I moved to N ab Rate on each off these three teens.

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Everything that we do here?

Everything that we speak through the budget and everything that this government through and everything that the government that's with the guidance and leadership of the Prime Minister is for this This point, I must mention it's a poem written by when did not call was a target the Academy Award Under this.

Because I now move to the first off my team, which is the aspirational India.

I should cover programs and plans related to agriculture, irrigation and rural development.

That's my first under the aspirational India team.

Second wellness, water and sanitation that a second under aspiration of India and the third of Education and Skip I moved to talking about agriculture, irrigation and ruins development.

Our government is committed to the goal of doubling farmers incomes by 2022 way have provided energy on input probability through Param Ferragut Chrissy because you Gina, we have provided receiving for 6.11 crew farmers insured under Saddam Montree Fossil Bima you Jenna focus on cultivation off pulses Expansion off micro litigation through Christie's in child Georgina have raised the sentiment for the country.

Provisions of any animal supplement off the income to the Prohibition Law.

Annual supplement of income to the farmer directly is done through P M connectivity through three mgs white Graham said Akio Gina.

Financial inclusions have helped raise form in prosperity to farmers can be insured by making farm and plumbing competitive.

For this farm markets need to be liberally distortions and farm and life life stock markets need to be the move, but there's a farm produce a lot of six agree service's need, copyist investments, substantial support and hand holding or farm based activities such as life stock, a theory and fisheries need to be provided for farmers.

Desire integrated solutions, covering storage, financing and processing and marketing.

Adopting sustainable cropping patterns on bringing in more technologies are integral to our plan.

All this and more can be achieved through working with and in cooperation with the state.

The following 16 action points indicate our focus.

We propose to encourage those state governments who on the take implementation off following more than law already issued by the central government.

My list off the action points 16 action points, but the 1st 1 is to encourage those state governments who on the take implementation off following modern laws which are already passed and issued by the central government.

First Mortal Agriculture Land Leasing Act off 2016 Mortal Agricultural for Produce and Livestock Marketing Act off 2017.

Mortal agricultural produce and life stock contract farming and service is Promotion and Facilitation Act off 2018.

So three model agriculture related loss.

We would like state government to consider favorably.

Second off the 16 action points, what are stress related issues are now a serious concern across the country.

Our government is proposing comprehensive measures for 100 water stress.

Our government is proposing comprehensive measures for 100 water stressed district start of the 16 in the budget speech of July 2019 I had stated that unlike DACA can be Roger Doctor, the PM Coulson scheme removed Farmers is dependent on decent and gruesome and link pumps its toe Solar energy?

No.

Why proposed to expand the scheme to provide 20 black farmers setting up stand alone solar pumps Way shall also help another 15 max farmers soul arise The grid connected from set in addition, enable Palmer's to set up a phone up our generations capacity on their paddle on barren Man and send it to grid would be operational because this is a major step forward in which we're saying that farmers, if they have or Baron Man now will be helped to set up solar power generation units so that they can then send those that which is being generated solar power to the grid and through the bridge.

Having given the public school up over from the barren land, they will be able to make a living off the land falls 16.

Our government had encouraged balance fuse off all kinds of 40 nights is including the traditional organic on other innovative 40 Nice.

Is this necessary step to change the prevailing incentive regime, which encourages excessive use off chemical fertilizers?

So this is an important point.

I'd like to repeat it.

This is a necessary step to change the prevailing incentive regime, which encourages excessive use of chemical fertilizer.

Underwood Speaker in Common There was a very wise old woman, Saint Point who lived more than 3000 years ago, and she had used every letter of the Tamil alphabets.

Teach Children more stories.

What stories?

More lines.