Explained: Why Nirmala Sitharaman’s Atmanirbhar budget stands out
Finance Minister Nirmala Sitharaman had set out to present the Union Budget 2021 in the backdrop of a one-in-a-century health and economic crisis. Experts explain if she was successful in delivering her promise of a budget like never before
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Finance Minister Nirmala Sitharaman. (Photo: Reuters)
Although it may not look appealing to many at first glance due to the missing income tax relief, the finance minister s budget proposals are aimed at eliminating India’s long-term growth hurdles, in the backdrop of the devastation caused by the Covid-19 pandemic.
The fact that Nirmala Sitharaman kept the expenditure plan for the next fiscal simple and prioritised spending in key areas made her budget stand out from past budgets presented by her.
Industry calls Union Budget 2021-22 ambitious but awaits implementation
Industry calls Union Budget 2021-22 ambitious but awaits implementation
01 February 2021 | News
Image Credit: shutterstock.com
Soon after the Union Budget 2021-22 was presented by the Finance Minister Nirmala Sitharaman where she strongly positioned Health & Wellbeing as one of the 6 crucial pillars of Aatma Nirbhar Bharat, industry s responses started pouring in.
BioSpectrum brings to you the post-budget reactions of the pharma & healthcare industry-
I am happy to see the investment in healthcare increase to such a level because it has been long overdue.
Kiran Mazumdar Shaw, Executive Chairperson, Biocon, Bengaluru
Setting up of rural and urban health and wellness centres could be an opportunity to create a PPP model. The partnership-driven approach is a sure step for the entities to bring to these hospitals their inherent areas of strength, thus building a quality model of care. Thi