Highlights Budget went paperless this time. Budget session will be held in two phases Jan 29 to Feb 15 and March 8 to April 8. New Delhi: Finance Minister Nirmala Sitharaman announced the Union Budget 2021 on Monday (February 1) that outlined a slew of measures to pull the economy out of the pandemic-induced slump. Industry leaders hailed the Union Budget 2021 for being pro-infrastructure and investment Budget. Dinesh Kumar Khara, Chairman, SBI said, “The Union Budget has unveiled a set of well-crafted and robust policies that encompasses the vision of an Atmanirbhar Bharat. The Budget has rightly envisaged a substantial jump in capital expenditure that has a strong multiplier impact on the economy."