Budget 2021 Announcements, Union Budget 2021 Announcements, Budget 2021 News: Presenting the Union Budget for 2021-22, she said the government is also working on a national language translation initiative. Sitharaman also announced a deep ocean mission with an outlay of more than Rs 4,000 crore over five years. In other measures, she said the government has also proposed to set up a conciliatory mechanism for quick resolution of contractual disputes. Also Read| Check Union Budget 2021 Live Updates here: Further, the government also proposed to introduce National Nursing and Midwifery Commission Bill, Sitharaman said