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Story of Budget 2021, in 9 charts

Story of Budget 2021, in 9 charts
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Nirmala Sitharaman, India s finance minister, gestures as she speaks during a news conference in New Delhi, India, on Monday, Feb. 1, 2021.
(Bloomberg)
Team Plain Facts
The Union government has finally stepped on the gas when it comes to spending. But after a temporary splurge in the rest of this fiscal year, the finance ministry will tighten its purse strings to bring down debt levels, the budget numbers suggest
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Even as countries across the world raised spending aggressively to counter the economic impact of the covid-19 pandemic, India had remained an outlier. Throughout the pandemic, the finance ministry has argued for small doses of incremental spending to sustain the economic recovery rather than a big-bang boost. The Union budget on Monday marked a shift in fiscal stance for the first time, but only a partial one. ....

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Budget Analysis | Higher Spending In Pandemic Year, But Only A Few Critical Schemes Gained

Budget Analysis | Higher spending in pandemic year, but only a few critical schemes gained
A lowdown of the social sector programmes that gained and lost in budget allocation.
February 02, 2021 / 01:47 PM IST
The Union government’s expenditure in the COVID-hit fiscal year 2020-21 would likely be 13 percent higher than budgeted due to increased spending on livelihood schemes, direct benefit cash transfers, free rations and fertiliser subsidies. However, spending on key programmes such as the ones meant for child health and welfare, education, sanitation and rural infrastructure suffered big cuts.
Overall, the Union government is set to spend Rs 34.50 lakh crore in the current fiscal against the budgeted Rs 30.42 lakh crore, finance minister Nirmala Sitharaman announced while presenting the budget proposals for the fiscal year 2021-22. ....

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Ten takeaways from a Budget aiming for growth

Ten takeaways from a Budget aiming for growth
Finance Minister Nirmala Sitharaman
FM Nirmala Sitharaman’s budget 2021 speech, which ran into 17,031 words, holds several new ideas to get the economy going again. Though, it could have done without higher import duties. Here’s a one-stop shop for the most important details of the Budget.
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FM Nirmala Sitharaman’s budget 2021 speech, which ran into 17,031 words, holds several new ideas to get the economy going again. Though, it could have done without higher import duties. Here’s a one-stop shop for the most important details of the Budget. ....

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Budget 2021 | Expenditure on MGNREGS and rural development falls, rises marginally for for education and social welfare

Budget 2021 | Expenditure on MGNREGS and rural development falls, rises marginally for education and social welfare
Updated:
Updated:
February 10, 2021 18:58 IST
Allocation as a % of the total expenditure for higher education and school education recorded marginal increases for FY22
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Hard at work: Workers engaged in desilting a dry pond under the MGNREGA scheme in Haryana. | Photo Credit:
V. V. KRISHNAN
Allocation as a % of the total expenditure for higher education and school education recorded marginal increases for FY22
The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), which has been described as the lifeline of rural India during the lockdown, did not find a mention in the Finance Minister s Budget speech on February 1, 2021. The scheme has been allocated Rs. 73,000 crore for FY22 which is lower than the revised estimates of FY21 which stood at Rs 1,11,500 crore. ....

Mahatma Gandhi National Rural Employment Guarantee Scheme , Finance Minister , மகாத்மா காந்தி தேசிய கிராமப்புற வேலைவாய்ப்பு உத்தரவாதம் திட்டம் , நிதி அமைச்சர் ,

Budget 2021: Here's what to expect

Budget 2021: Here’s what to expect
IANS
New Delhi: Amid the coronavirus pandemic when the pace of manufacturing and services sector came to a grinding halt, agriculture and allied sectors in India have picked up pace as the country saw the strength of the farm sector.
The government also took care of a large population of the country related to agriculture and farming and enacted new laws to intensify the winds of improvement in the agricultural sector. The Budget 2021-22 is going to be presented in Parliament Monday, amid wrangling over agricultural reform.
In such a situation, it is expected that the Modi government, which claims to give priority to the progress of villages, the poor and farmers, will also give priority to agriculture and rural development in the upcoming Budget. ....

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