Updated Feb 01, 2021 | 16:13 IST
With the Union Budget 2021-2022, the government has taken a much-needed step to be moving in a direction of strengthening healthcare and promoting preventive healthcare. Mission Poshan 2.0 launch will tackle malnutrition problems in India: Here’s what experts say on health budget | Photo Credit: iStock Images
New Delhi: Health experts have welcomed the government’s increased allocation for the healthcare sector which has seen a substantial rise this time. Unveiling the Union Budget 2021 in the Lok Sabha on Monday, Finance Minister Nirmala Sitharaman proposed Rs 2,23,846 crore budget outlay for health and well-being for 2021-22, compared to Rs 94,452 crore in the current fiscal, which is an increase of 137 per cent.
Budget 2021 | Budget strikes right balance to improve health infra, boost growth, say bankers
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February 01, 2021 17:29 IST
In the current fiscal 2020-21, the government has made ₹20,000 crore provision for PSBs recapitalisation.
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Union Finance Minister Nirmala Sitharaman during the post-Budget press conference, at National Media Centre in New Delhi, on February 1.
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In the current fiscal 2020-21, the government has made ₹20,000 crore provision for PSBs recapitalisation. The Union Budget 2021-22 strikes a right balance to boost health infrastructure as well as support the COVID-19-hit economy as there has been a push for more spending, bankers said on Monday.
Finance Minister Nirmala Sitharaman on Monday said the government will set up a Rs 20,000 crore Development Finance Institution (DFI) with a view to mobilise Rs 111 lakh crore required for funding of the ambitious national infrastructure pipeline. Unveiling the Union Budget 2021-22, the Finance Minister said that a professionally-managed DFI to be set up to provide, enable and catalyze infrastructure financing. The government proposes Rs 20,000 crore to capitalise this institution and aims to have a lending portfolio of at least Rs 5 lakh crore in three years, she said. Accordingly, I shall introduce a bill to set up a DFI. I have provided a sum of Rs 20,000 crore to capitalise this institution. The ambition is to have a lending portfolio of at least Rs 5 lakh crore for this DFI in three years time, she said.
Budget strikes right balance to improve health infra, boost growth, say bankers
Finance Minister Nirmala Sitharaman announced capital infusion of Rs 20,000 crore into public sector banks in order to meet the regulatory norms.
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NEW DELHI: The Union Budget 2021-22 strikes a right balance to boost health infrastructure as well as support the COVID-19-hit economy as there has been a push for more spending, bankers said on Monday.
Unveiling the Union Budget 2021-22, that was for the first time came in a digital format, Finance Minister Nirmala Sitharaman announced capital infusion of Rs 20,000 crore into public sector banks in order to meet the regulatory norms.
Government to set up Rs 20,000 crore DFI to promote infra financing
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Last Updated: Feb 01, 2021, 10:21 PM IST
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Unveiling the Union Budget 2021-22, the Finance Minister said that a professionally-managed DFI to be set up to provide, enable and catalyze infrastructure financing.
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New Delhi: Finance Minister Nirmala Sitharaman on Monday said the government will set up a Rs 20,000 crore Development Finance Institution (DFI) with a view to mobilise Rs 111 lakh crore required for funding of the ambitious national infrastructure pipeline. Unveiling the Union Budget 2021-22, the Finance Minister said that a professionally-managed DFI to be set up to provide, enable and catalyze infrastructure financing.