Budget 2021: 5 areas Modi govt may focus on this budget
Budget 2021: Prime Minister Narendra Modi has already indicated that Budget 2021 is part of a series of four-five mini-budgets presented in the form of economic packages last year. So what should you expect from this year s budget?
BusinessToday.In | January 31, 2021 | Updated 16:07 IST
Budget 2021: Govt may provide an unprecedented boost to healthcare and infrastructure
Finance Minister Nirmala Sitharaman has promised never before like budget in 2021, which will help India emerge as the engine for growth and economic resurgence. Considering the economic setback India faced after a series of Covid lockdowns, it s important for the Centre to focus on areas that need urgent boost. India s economic resurgence will help the world to recover, Sitharaman said at the CII Partnership Summit 2020 in December 2020. The finance minister said health and investment in health would be the top priority for the government in Bud
Budget 2021: 3 pre-budget expectations from the EdTech sector
Budget 2021: 3 pre-budget expectations from the EdTech sector
EdTech entrepreneurs, from the Union Budget 2021, are expecting the government to allocate funds to finance the sector and further drive their growth.
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Budget 2021: 3 pre-budget expectations from the EdTech sector
HIGHLIGHTS
In 2021, the education sector will evolve further in terms of technological innovations and newer teaching methodologies.
The pandemic has changed the way education was perceived and has spiked the education industry s digital transformation.
In addition to schools and universities, working professionals and higher education students have also turned to EdTech for vocational education.
In 2020, the education industry went through a drastic transformation. The nationwide lockdown due to the pandemic affected several industries, including the education sector. During this period of uncertainty, educational institutions to
Updated Jan 31, 2021 | 15:23 IST
There is an expectation that this budget will emphasize the role of technology in delivering financial products and services and will include a continued commitment by the Government to invest in internet infra Representational image
COVID 19 has led to increased use of both digital payments and digital lending products. People have found transacting digitally is a contact-free and safer way to make payments and access financial products. This shift from physical to digital is likely to be a permanent one as FinTech platforms continue to innovate giving consumers access to more convenient and customized financial solutions.
Budget 2021: FM Nirmala Sitharaman could make these announcements for the salaried class - In a first, the Union Budget 2021 will go paperless as the Finance Ministry has decided against printing the budget documents due to COVID outbreak.
Updated Jan 30, 2021 | 13:53 IST
Survey highlights need to increase public spend on healthcare and need for sector regulator. Increase in public spend from 1% to 2.5-3% of GDP can decrease the OOPE from 65% to 30% of healthcare spending. Representational Image | Photo Credit: BCCL
Key Highlights
Need to harness telemedicine to the fullest by investing in internet connectivity and health infrastructure
Survey suggests in conjunction with Ayushman Bharat, the emphasis on NHM should continue.
The ongoing pandemic has showcased how a healthcare crisis can get transformed into an economic and social crisis and hence India must take steps to improve healthcare accessibility and affordability in the country highlighted the economic survey 2021. The survey stated in order to enable India to effectively respond to future pandemics, the health infrastructure must be agile.