Income-Tax Slabs Remain Unchanged; IT Relief For Senior Citizens Above 75 Years : Budget 2021 Highlights livelaw.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livelaw.in Daily Mail and Mail on Sunday newspapers.
Highlights
Finance Minister Nirmala Sitharaman proposed an outlay of Rs. 50,000 crore for the National Research Foundation spread for the next five years.
Rs. 1,500 crore opposed for scheme to promote Digital Modes of Payments.
Deep Ocean Mission with a budget outlay of more than Rs 4,000 crores, over five years.
New Delhi: Finance Minister Nirmala Sitaraman presented the Union Budget for the year 2021-22 in the lower house of the parliament on Monday (February 1).
Finance Minister Nirmala Sitharaman proposed an outlay of Rs. 50,000 crore for the National Research Foundation spread for the next five years. Finance Minister Nirmala Sitharamn said, It will ensure that the overall research ecosystem of the country is strengthened with focus om identified national-priority thrust areas.
Budget 2021: Dept of Space allocated Rs 13,949 Cr, almost Rs 4,500 Cr higher than last fiscal
Of the Rs 13,949.09 crore allocated to the Department of Space in this Union Budget, Rs 8,228.63 crore is for capital expenditure.
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After a steep cut last year, the Department of Space
(DoS) has been allocated Rs 13,949 crore in the Union Budget, of which Rs 8,228 crore is earmarked for capital expenditure.
New Space India Limited, a newly formed public sector undertaking (PSU) under DoS, has been allocated
Rs 700 crore. The New Space India Limited, a PSU under the Department of Space, will execute the PSLV-CS51 launch, carrying the Amazonia Satellite from Brazil, along with a few smaller Indian satellites, Finance Minister Nirmala Sitharaman said in her Budget speech.
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The highly awaited Union Budget of 2021-22 was presented today morning in the Parliament by Finance Minister, Nirmala Sitharaman. “Only three times has the Budget followed a contraction in the economy. This time, unlike before, the situation is due to a global pandemic. Budget 2021 provides every opportunity for the economy to capture the pace and grow sustainably,” she began.
The Budget 2021 proposals rest on six pillars health & well-being, physical & financial capital & infrastructure, inclusive development for aspirational India, reinvigorating human capital, innovation & research & development, minimum government and maximum governance. The FM had promised a “never before” budget, not seen in a hundred years to overcome the economic devastation caused by the Covid-19 pandemic.
Economic Survey: Needs to increase space/ satellite projects
January 29, 2021
The Indian Space Research Organisation ended the year 2020 on a high note with its workhorse the Polar Satellite Launch Vehicle successfully placing the communication satellite CMS-01 in its orbit (Report on p9)
The Indian Space Research Organisation ended the year 2020 on a high note with its workhorse the Polar Satellite Launch Vehicle successfully placing the communication satellite CMS-01 in its orbit (Report on p9)×
India’s space programme has grown exponentially in the past six decades, expanding from simple mapping services in the 1960s to many diversified uses and the country spent around $1.8 billion on space programmes in 2019-20.