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Environment and Budget 2021: Preserving India s ecosystem or business as usual? – COUNTERVIEW ORG

By Amita Bhaduri, Ritika Gupta The Union Budget 2021 is touted to be the mother of all budgets since it comes when the country is grappling its way out of the pandemic. In pursuit of tackling the immediate emergency posed by Covid-19, the actions to address the growing climate emergency took a backseat. With the Conference of Parties – COP 26 rescheduled for later this year and India’s Biennial Annual Report – BUR 3 on the anvil, the Budget is riding on a lot of expectations to deliver on the environment front. Dr Simi Mehta, CEO at IMPRI Impact and Policy Research Institute, while formally inaugurating the panel discussion titled, ‘Environment & Budget 2021: Business as Usual?‘, organized by Impact and Policy Research Institute – IMPRI and India Water Portal, coined a few pertinent questions to be addressed during the ensuing discussion. She questioned whether there is anything remarkable in the Budget 2021, whether it yields anything substantial for the country’s fi

Sitharaman s budget push to capex is Modi govt s panacea to economic woes

Sitharaman’s budget push to capex is Modi govt’s panacea to economic woes Sitharaman’s budget push to capex is Modi govt’s panacea to economic woes The first budget of the decade presented during the once-in-a-century pandemic presented an unenviable challenge for the government. Reviving the economy with depressed economic activities had put Finance Minister Nirmala Sitharaman in the hot seat. In this context, the Union Budget 2021-22 has ticked all relevant boxes. advertisement Finance Minister Nirmala Sitharaman The first budget of the decade presented during the once-in-a-century pandemic presented an unenviable challenge for the government. Reviving the economy with depressed economic activities had put Finance Minister Nirmala Sitharaman in the hot seat. In this context, the Union Budget 2021-22 has ticked all relevant boxes.

Budget 2021: Experts disappointed over reduction in allocation to environment ministry

Union Budget 2021: Experts disappointed over Rs 230 cr reduction in environment ministry allocation The total allocation for the five autonomous institutes under the MoEF&CC was reduced by 20 percent, instead of the planned increase. Clouds hover a natural lake amongst the mountains at Saputara situated in the Western Ghats, some 400 Kms. from Ahmedabad on July 30, 2011. India s 1600-km long Western Ghats mountain chain has been added to list of world heritage sites by the United Nations Educational, Scientific and Cultural Organisation (UNESCO). The Western Ghats mountain chain is recognised as one of the world s eight hottest hotspots of biological diversity. AFP PHOTO / Sam PANTHAKY / AFP PHOTO / SAM PANTHAKY

Full text: FM Nirmala Sitharaman unveils Union Budget 2021; doubles healthcare spending, lifts caps on FDI

Hon’ble Speaker, I present the Budget for the year 2021-2022. 1. Honourable Speaker, the preparation of this Budget was undertaken in circumstances like never before. We knew of calamities that have affected a country or a region within a country, but what we have endured with COVID-19 through 2020 is sui generis. 2. When I presented the Budget 2020-21, we could not have imagined that the global economy, already in throes of a slowdown, would be pushed into an unprecedented contraction. 3. We could not have also imagined then that our people as those in other countries would have to endure the loss of near and dear ones and suffer hardships brought about due to a health crisis.

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