Budget allocation to steel ministry drops by 49% to Rs 100 crore in FY21

While the Budget estimate was at Rs 241.29 crore for 2019-20, in case of 2018-19 (actual) it was Rs 154.54 crore

steel
The expenditure budget of Rs 100 crore in the 2020-21, includes Rs 38.58 crore on secretariat-economic services
Press Trust of India New Delhi
1 min read Last Updated : Feb 01 2020 | 10:36 PM IST

The Budget allocation for the steel ministry has registered a decline of 49 per cent to Rs 100 crore in 2020-21, from Rs 196.08 crore in 2019-20. This decline has been over the revised estimates of the 2019-20 Budget, according to Budget documents.

While the Budget estimate was at Rs 241.29 crore for 2019-20, in case of 2018-19 (actual) it was Rs 154.54 crore, it added.

The expenditure budget of Rs 100 crore in the 2020-21, includes Rs 38.58 crore on secretariat-economic services, Rs 44.24 crore on medical and public health and Rs 17.18 crore on industries.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Budget 2020steel ministry

First Published: Feb 01 2020 | 10:15 PM IST

Next Story