Budget 2021 Highlights: MetroLite, MetroNeo, Sainik Schools, National Language Translation Mission, New Space India Limited ..and much more

Budget 2021-22: Have a look of all the Budget 2021 Highlights including MetroLite, MetroNeo, Sainik Schools, National Language Translation Mission, New Space India Limited ..and much more in this article.

Provision of  Rs 35,000 crore made for Covid-19 vaccine in BE 2021-22.

Know about 'MetroLite’ and ‘MetroNeo

Government will work towards raising the share of public transport in urban areas through expansion of metro rail network and augmentation of city bus service. A new scheme will be launched at a cost of Rs. 18,000 crore to support augmentation of public bus transport services.

A total of 702 km of conventional metro is operational and another 1,016 km of metro and RRTS is under construction in 27 cities. Two new technologies i.e., ‘MetroLite’ and ‘MetroNeo’ will be deployed to provide metro rail systems at much lesser cost with same experience, convenience and safety in Tier-2 cities and peripheral areas of Tier-1 cities. 

5 major fishing harbours- Kochi, Chennai, Visakhapatnam, Paradip, and Petuaghat

Finance Minister proposed substantial investments in the development of modern fishing harbours and fish landing centres. To start with, 5 major fishing harbours – Kochi, Chennai, Visakhapatnam, Paradip, and Petuaghat – will be developed as hubs of economic activity.

100 new Sainik Schools

The Finance Minister said that the National Education Policy (NEP) announced recently has had good reception, while adding that more than 15,000 schools will be qualitatively strengthened to include all components of the National Education Policy.  She also announced that 100 new Sainik Schools will be set up in partnership with NGOs/private schools/states.

750 Eklavya model residential schools in  tribal area

Government has set a target of establishing 750 Eklavya model residential schools in  tribal areas with increase in unit cost of each such school from Rs. 20 crore to Rs. 38 crore, and for hilly and difficult areas, to Rs. 48 crore. Similarly, under the revamped Post Matric Scholarship Scheme for the welfare of Scheduled Castes, the Central Assistance was enhanced and allocated  Rs. 35,219 crore for 6 years till 2025-2026, to benefit 4 crore SC students.

National Language Translation Mission (NTLM)

Government will undertake a new initiative – National Language Translation Mission (NTLM). This will enable the wealth of governance-and-policy related knowledge on the Internet being made available in major Indian languages.

New Space India Limited (NSIL)

The New Space India Limited (NSIL), a PSU under the Department of Space will execute the PSLV-CS51 launch, carrying the Amazonia Satellite from Brazil, along with a few smaller Indian satellites.