Neelu Soni

Neelu Soni presenting Budget for Ministry of Home Affairs | Budget Dialogues 2021

• The load on farming has increased over the past few years. Hence, we should promote the fishery culture and make tourism a strong hand in our country.
• In coastal areas, we should focus on developing artificial ice lands or water lands alongside hotels. This requires strong coastal bordering and safety.
• Disaster Management and NDRF teams should be funded to manoeuvre in emergencies.
• We should have a screening committee or branch for administrative authorities working for the internal security of our nation.

Hotsali Sangtam

Hotsali Sangtam presenting Budget for Ministry of Heavy Industries | Budget Dialogues 2021

• Faster adaptations and manufacturing of electric vehicles in India is one of the most important tasks which have to be taken up Heavy Industries Ministry.
• Establish 200 charging points and manufacturing units for a full range of linear electric vehicles and electric components will not only boost the economy but will also faster the technology adaptations of the manufacturing market.
• It will also reduce the country’s dependency on fossil fuels and balance the payments.
• The development of advanced technologies can also benefit the country by improving the powerplant efficiencies and reducing the carbon footprints of the planet.

Ankush Kalsia

Ankush Kalsia presenting Budget for Ministry of Steel | Budget Dialogues 2021

• The budget for Steel Ministry has reduced from 241.29 cr in the financial year 2019-20 to 100.00 cr in 2020-21.
• Lack of capital, lack of technology, low productivity, and inefficiency of public sector units are some of the critical challenges for the ministry.
• Appointment of technocrats instead of bureaucrats in PSUs will increase the efficiency and ultimately help in revenue generation which further strengthens the required infrastructure.
• The lack of capital can be resolved by slowly disinvesting in the PSUs in the upcoming years.

Vipin Namdev

Vipin Namdev presenting Budget for Ministry of Coal & Mining | Budget Dialogues 2021

• Coal is one of the prominently used and basic resources around the globe. It is also the backbone of the Indian economy.
• Electricity sector is the biggest consumer of coal while iron, steel, and cement industries are the second largest consumers.
• Lack of high-end technologies in coal mines is a great challenge for the Coal Ministry. It impacts the efficiency and productivity of coal mine workers.
• To make the coal sector ‘Aatmnirbhar’ the government should consider establishing Research Centres to explore new technologies to manufacture coal.

Muskan Godani

Muskan Godani presenting Budget for Ministry of Communications | Budget Dialogues 2021

• The revised estimates for the trends in expenditure have significantly increased in the year 2020-21.
• No proper infrastructure status, poor fixed-line status, and lack of trained personnel is the biggest stumbling block for the communication sector.
• An expeditious roll-out of 4G and 5G services has boosted the customer utilization of high-end data products.
• By infrastructure sharing the operators can optimize their capital expenditure and focus on providing innovative services.

Rupesh Kumar

Rupesh Kumar presenting Budget for Ministry of Tourism | Budget Dialogues 2021

• Tourism sector has witnessed a growth from its budget of 2189.22 cr in 2019-20 to 2499.83 cr in 2020-21.
• The ministry is suffering a huge loss of revenue/liquidity due to the corona pandemic. Hotel Industries are among the worst-hit along with transportation.
• The government should promote domestic tourism and should make educational tours in schools and universities compulsory.
• Establishing India as a MICE tourism hub alongside focusing on public-private partnerships is the need of the hour.

Rahul Parihar

Rahul Parihar presenting Budget for Ministry of Civil Aviation | Budget Dialogues 2021

• The aviation sector contributes 72 Billion dollars to the Indian Economy which was very low earlier.
• According to the recent surveys, in 2018-19 the percentage of air traffic passengers has increased by 15 to 20%. Compared to the global 6%, the growth is exceptional.
• The civil aviation market of India is growing rapidly. It has risen from the 7th biggest aviation market in 2017 to 3rd biggest in the world in 2020.
• The government should focus on blending ethanol in jet fuels to lower the overall rate of plane tickets.

Kuldeep Gupta

Kuldeep Gupta presenting Budget for Ministry of IT & Electronics | Budget Dialogues 2021

• Amidst the economic crisis due to the corona pandemic, the IT and Electronics sector has helped in decelerating the fall of the Indian economy.
• To promote the use of solar panels in India, the government should encourage the companies to install their own solar panels for their advertisements instead of using the traditional way of sticking posters on walls.
• Second, just like DRDO and ICMR institutions we need to establish seperate institutions for the IT and Electronics Sector as well.
• The government should form fully equipped computer labs in rural areas so that the students having lack of resources can be introduced to computer skills.

Chandan C M

Chandan C M presenting Budget for Ministry of Road Transports & Highways | Budget Dialogues 2021

• The total expenditure of the Ministry of Road Transport and Highways for 2020-21 is 11% higher than the revised estimates for 2019-20.
• A critical challenge for the ministry is the maintenance of the roads. Indian roads are easily damaged and hence necessary steps should be taken to ensure proper road infrastructure in India.
• Utilization of waste materials in constructing roads and road pavement design in the forest prune areas are also major tasks for the ministry.
• Construction, development, and maintenance of rural roads which benefits easier transportation commodities to markets should be the top-most priority for the government.

Abdul Rahman

Abdul Rahman presenting Budget for Northeast | Budget Dialogues 2021

• The budget for NEC increased from 690.46 in FY 2019-20 crores to 869.90 crores in FY 2020-21. While the budget for North East Special Infrastructure Development Scheme was raised from 558.10 to 674 crores in the recent budget.
• Apart from lack of connectivity and infrastructures, the roads and railways are also not well connected in the North East. Some of the capital cities in the northeastern states are not connected through railway till date.
• Employment opportunities should be created for the northeastern citizens by setting up industries and making Special Zones for private investors to invest their money and generate employment.
• Road and Railways should be developed in the region. It will not only develop the region but also attract a large number of tourists resulting in more revenue generation for the region and the country.

Banothu Chanti

Banothu Chanti presenting Budget for Railway Ministry | Budget Dialogues 2021

• A major task for the Railway Ministry in the present state of the scenario is to recover the losses suffered by the railway sector due to the Covid-19 lockdown.
• There is a need to build railway infrastructure across the country and increase the passenger revenue which is quite low in comparison to the freight revenue.
• The economy is expected to rebound sharply in the fiscal year 2021-22. So, there is a high scope for an increase in tourism and allied activities which will boost the passenger revenue to the railways.
• We can also expect industrial growth in the fiscal year 2021-22 which in turn will increase the freight revenue.

Bhargav Kumar

Bhargav Kumar presenting Budget for Ministry of Shipping & Ports | Budget Dialogues 2021

• The Shipping and Ports Budget in FY 2019-20 was 6501 crores which was reduced to 3714 crores in FY 2020-21.
• The development of coastal guards near the ocean alongside major and minor ports is a major challenge for the ministry.
• Research & developments, water transport projects and schemes, industrial shipping, lighthouses, and inland water transport are some of the areas where the budget should be aimed at.
• Inviting new industries in shipping and ports can also help.

Manish Jha

Manish Jha presenting Budget for Defence Ministry | Budget Dialogues 2021

• According to the Indian government’s Press Information Bureau (PIB), the defence budget accounts for 15.49% of the government’s total expenditure in the upcoming fiscal year.
• Being the world’s 5th largest economy India spends a huge portion of its budget on defence sector and still, it proves out to be insufficient.
• The government should provide at least 1 crore rupees to the families of the martyred soldiers as a token of respect.
• Almost 60% of the total defence budget is only used for the payment of salaries and pensions of the army, navy, and air force personnel. This needs to be taken under control.

Rohan Mahajan

Mr. Rohan Mahajan presenting Finance Budget in the final session of Budget Dialogues 2021

• The main focus of this budget is rejuvenating the growth rate, reducing the liquidity crisis, and generating employment.
• The government has allotted 1,50,000 crores for food security; 90,000 crores for the MNREGA budget; 75,000 crores for railways and another 60,000 crores for the infrastructure development of the railways in FY21-22.
• For the modernization of the defence forces, the government is allocating a budget of 4,60,000 crores with a special focus on developing fighter jet industries in India.
• The government is assigning 1,24,000 for the agriculture sector, 91,000 crores for the education budget, and injecting 5,000 crores in the National Education Policy. Also, 20,000 crores are allocated for the cause of women and social welfare.
• 30,000 crores are allocated for pure and drinkable water, 7500 crores on Startup India, 1,00,000 crores for road infrastructure, and 84,000 crores for the health budget.
• While not minimizing the difficulties that lie ahead on the long and odious journey ahead, this is high time to explore our capabilities together as a nation.