“This Budget seeks to lay the foundation and give a blueprint to steer the economy over the Amrit Kaal of the next 25 years – from India at 75 to India at 100”, said Finance Minister Nirmala Sitharaman at the beginning of her Budget speech. She announced measures to increase the Ease of Living under Amrit Kaal.
She said that the new phase of Ease of living will require the active involvement of the states, digitalisation of manual processes and integration of central and state-level systems through the technology.
Finance Minister announced that in order to enhance the convenience for citizens in their overseas travel e-Passports will be embedded chip and futuristic Technology will be rolled out in 2022-23.
Nirmala Sitharaman has also proposed the modernisation of building bye-laws, Town Planning Schemes (TPS), and Transit-Oriented Development (TOD) to bring about reforms in Urban planning. Urban planning will help facilitate reforms for the people to live and work closer to mass transit systems.
Five academic institutions for teaching urban planning and design will be set up in different regions and each institute will be provided endowment funds of Rs. 250 crore each.
The ministry also informed that the private sector will be encouraged to develop sustainable and innovative business models for ‘Battery or Energy as a Service.’