Union Budget Amid Covid-19
Union Budget 2021: LIVE Updates
Union Finance Minister Nirmala Sitharaman is presenting the country's budget for the year 2021-2022 at a time India's economy took an unprecedented nosedive due to the Covid-19 pandemic. As the Covid-19 is still present in the country, all will be eyeing on how Sitharaman would sort of vaccinate the Indian economy. Prime Minister Narendra Modi on Friday said the budget this time will be like "mini budgets" in the form of small packages.
Budget2021 sends sensex surging over 1,600 points
Market clocks in best single-day gain In 10 months, says report
Sitharaman concludes Budget speech
Sitharaman proposes an agricultural and infrastructure cess
FM announces tax exemptions for affordable house loans
GST will be simplified further, says FM
We made record GST collection in last few months: Sitharaman
Capacity of GST in system enhanced: Sitharaman
Tax holiday for startups extended by one more year.. capital gain exemption by one more year too
A faceless dispute resolution mechanism will be set up for small taxpayers: Sitharaman
NRIs: Exemption from tax audit relaxed further from 5 crore to 10 crore now
Propose to remove the hardship of double taxes for NRIs upon returning to India: Sitharaman
Timeline for reopening of tax returns reduced to 3 years from 6 years: Sitharaman
Direct Tax: Senior citizens of age 75 and above exempted from filing IT return: Sitharaman
Net borrowing for states capped at 4%
1.18 lakh crore will be given to 17 states by 2022: Sitharaman
Fund for UT Jammu and Kashmir will be given by the Centre: Sitharaman
Fiscal deficit for 2021-2022 estimated at 6.8% of GDP: Sitharaman
We intend to reach fiscal deficit of below 4.5% by 2025-2026: Sitharaman
Fiscal deficit in FY 2020-2021 is pegged at 9.5% of GDP: Sitharaman
To give a further boost to the non-conventional energy sector, I propose to provide additional capital infusion of Rs 1,000 crore to Solar Energy Corporation of India and Rs 1,500 crore to Indian Renewable Energy Development Agency: Sitharaman
300 crores to Goa for celebration of diamond jubilee of liberation from Portugeese: Sitharaman
Forthcoming census will be digital: Sitharaman
Finance Minister allocates Rs 3,726 crore for digital census.
Two PSU banks and one general insurance company could be privatised in FY 2021-2022: Sitharaman
National Nursing and midwife bill will be introduced: Sitharaman
IPO of LIC will be brought in FY2021, says Sitharaman
We will undertake National Language Translation mission: Sitharaman
Railways to monetize dedicated freight corridor assets for O&M, after commissioning
Five operational roads being transferred to NHAI: Sitharaman
100 new Sainik schools to be set up in association with NGOs: Sitharaman
More than 15,000 schools will be qualitatively strengthened under National Education Policy: Sitharaman
Sitharaman announces 15,700 crore for MSME sector
One Nation, One Ration Card system under implementation in 32 states: Sitharaman
FM says over 75,000 crore wheat MSP paid to farmers in 2020-21
FM says govt committed to welfare of farmers amid noisy protest
Disinvestment target in FY 2021-2022 is 1.75 lakh crore
FM announces Rs 1.41 lakh crore for Urban Clean India Mission
Rs 20,000 cr for recapitalisation of govt banks: Sitharaman
All disinvestments of BPCL, CONCOR, Pawan Hans, Air India to be completed in FY 2021-2022: Sitharaman
Sitharaman proposes amendment of Insurance Act
Rs 1.15 lakh cr for Railways and privatizing airports: Sitharaman
Pipelines of GAIL, Indian Oil Corp (IOC) and HPCL will be monetised: Sitharaman
FDI in Insurance increased to 74%
Sitharaman announces launch of Security Market Code
Propose to announce 1,000 crore to Solar Energy: Sitharaman
Ujjwala scheme will be extended to cover 1 cr more beneficary, will add 100 more districts in city-gas network: Sitharaman
Sitharaman announces phase two of metro in various cities
Sitharaman has announced Kochi Metro Phase 2 of 11.5 km at 1,957.05 crores; Chennai phase 2 118.9 kms at 63,246 crores; Bengaluru phase 2a and 2b 58.19 kms at 14,788 crores.
Mission POSHAN 2.0 to be launched: Sitharaman
Supplementary Nutrition Programme & POSHAN Abhiyaan to be merged, Mission POSHAN 2.0 to be launched To strengthen nutritional content, delivery & outcome Intensified strategy for improving nutritional outcomes in aspirational districts
Sitharaman announces Kolkata, Siliguri road improvement
To allot 65,000 crore for highway projects in Kerala: Sitharaman
Sitharaman announces 675 km highway works in West Bengal at the cost of 25,000 crores
Sitharaman annonces 3,500 of national highway works in Tamil Nadu at an investment of 1.03 lakh crores
3,800 kms constructed under the Bharatmala Project: Sitharaman
2 lakh crore to states and autonomous bodies for their capital expenditure: Sitharaman
I propose a sharp increase in capital expenditure 5.54 lakh crore for 2021-2022: Sitharaman
Rs 64,180 crore for new Aatmanirbhar health schemes: Sitharaman
Asset monetisation dashboard will also be created: Sitharaman
Monitising operating public infrastructure assets important for new infrastructure: Sitharaman
Sitharaman announces Rs 35,000 crore for Covid vaccines
Vehicles to undergo fitness tests after 20 years for passenger vehicles, 15 years for personal vehicles: Sitharaman
Sitharaman announces Mission Poshan to focus on nutrition
Manufacturing unit needs to grow in double digits on sustainable basis: Sitharaman
India now has one of the lowest COVID19 death rates of 112 per million population and one of the lowest active cases of about 130 per million: Sitharaman
Sitharaman announces Rs 2217 core for 42 urban centres for controlling air pollution
Sitharaman announces voluntary vehicle scrapping policy
Made-In-India vaccine will be rolled out across the country, now limited to 5 states: Sitharaman
Nirmala focuses on health, announces integrated public health labs in all districts, critical care hospitals in 602 districts, expansion of integrated health information portals
Jal Jeevan Mission will be launched with an aim of universal coverage of water supply: Sitharaman
Will strengthen national centre for disease control: Sitharaman
Setting up of 15 health emergency centres and 2 mobile hospitals: Sitharaman
Budget focuses on health and well being, financial capital and infrastructure, human capital, innovation and R & D and mini govt and maximum governance, says Sitharaman
'Atmanirbharata' consists of good governance, women empowerment: Sitharaman
Atmanirbhar packages accelerated the rate of growth: Sitharaman
This is first digital budget (paperless), says Sitharaman
This moment is history of dawn of new era: Sitharaman
We announced over 27 lakh crore packages: Sitharaman
We rolled out three Atmanirbhar packages which were like mini budgets: Sitharaman
FM rises to present budget
Union Finance Minister Nirmala Sitharaman rose from her seat to present the budget.
Finance Minister @nsitharaman rises to present #Budget2021-'22 in Parliament
— PIB India (@PIB_India) February 1, 2021
Watch the Budget Speech LIVE
YouTube: https://t.co/r06BA3Sz80
Facebook: https://t.co/ykJcYlvi5b
Stand by for LIVE updates #AatmanirbharBharatKaBudget pic.twitter.com/gL8PAdseD1
Sensex rises by over 500 points
The BSE Sensex rose by over 500 points as Union Finance Minister Nirmala Sitharaman will be presenting the Union Budget on Monday.
PM Modi arrives at Parliament
Prime Minister Narendra Modi arrived at Parliament.
PM @narendramodi, arrives at Parliament @FinMinIndia @PIB_India @airnewsalerts pic.twitter.com/K9F186PgHT
— DD News (@DDNewslive) February 1, 2021
Sitharaman calls on President Kovind
As per protocol, Union Finance Minister Nirmala Sitharaman called on President Ram Nath Kovind at Rashtrapati Bhavan, before the presentation of Union Budget 2021-22 in the Parliament on Monday.
Union Finance Minister @nsitharaman calls on President Ram Nath Kovind at Rashtrapati Bhavan, before the presentation of Union Budget 2021-22 in the Parliament today#AatmanirbharBharatKaBudget #Budget2021 pic.twitter.com/LXEu1USBnp
— PIB India (@PIB_India) February 1, 2021
Sitharaman along with Anurag Thakur at Parliament house
Union Finance Minister Nirmala Sitharaman with MoS for Finance Anurag Thakur and other officials leaving North Block office to present the General Budget 2021 at Parliament house, in New Delhi on Monday.
.jpg)
Budget to go digital this year
The union budget in 2021 amid Covid-19 is going to be digital this year, throwing away the customary system of reading from papers.
#UnionBudget2021 to be the first-ever digital-only Budget@FinMinIndia @PIB_India @airnewsalerts pic.twitter.com/rcZGm2IH7h
— DD News (@DDNewslive) February 1, 2021
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
