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Budget 2021: State CMs Divided Over Obvious Party Lines

Budget 2021: State CMs divided over obvious party lines
The Chief Ministers of the states ruled by the Bharatiya Janata Party hailed the Budget, while the CMs of non-BJP ruled states called it “disappointing”.
February 02, 2021 / 11:36 AM IST
Finance Minister Nirmala Sitharaman stands next to Minister of State for Finance and Corporate Affairs Anurag Thakur (L) as she leaves her office to present the Union Budget in the parliament in New Delhi on February 1. (File image: Reuters)
Finance Minister Nirmala Sitharaman presented the Budget for 2021-22 in Parliament on February 1. In the Budget, the minister proposed to increase spending on health care that promises extra help for weathering the COVID-19 pandemic.

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Budget 2021: Hits & Misses

Budget 2021: Hits & Misses
Check out the Hits & Misses of the Union Budget 2021-22 in this quick chat with Mr Dilip Oommen, CEO, ArcelorMittal/Nippon Steel India and Moneycontrol's Prince Thomas
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Budget 2021: 5 Key Numbers To Watch In Nirmala Sitharaman's Budget

Budget 2021: India's tax collection has shown an uptick lately as momentum builds in the economy following the lifting of lockdowns to combat the coronavirus outbreak

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Budget 2021: Budget date, time, where to watch- Business News

Budget 2021: Budget date, time, where to watch
Finance Minister Nirmala Sitharaman will present the Union Budget 2021 to the members of the Lok Sabha and will make an address outlining the key estimates and proposals included in the document
BusinessToday.In | February 1, 2021 | Updated 06:03 IST
Finance Minister Nirmala Sitharaman will present Union Budget 2021-22 in Parliament today
Union Budget 2021 will be presented in the Parliament during its Budget Session on February 1, 2021. Finance Minister Nirmala Sitharaman will present the Union Budget 2021 to the members of the Lok Sabha and will make an address outlining the key estimates and proposals included in the document. This the first time the Union Budget will be presented when the nation is under a 'technical recession'. Reserve Bank of India in its latest estimate had also projected the annual GDP to contract 7.5 per cent in the fiscal year.

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FM Nirmala Sitharaman to present Union Budget 2021 at 11 am today

All eyes are fixed on Finance Minister Nirmala Sitharaman as she is set to present Union Budget 2021-22 in Parliament on Monday, at a time when India is recovering from the COVID-19 crisis.
The Budget presentation will begin with a speech from Finance Minister scheduled to take place at around 11 am.
Ahead of her third Budget presentation, the Finance Minister and her team will meet President Ram Nath Kovind, and will likely be accompanied by her deputy Anurag Thakur and other officials of the Finance Ministry.
The Union Cabinet will hold a meeting at 10:15 am before the presentation.
Usually, the duration of the presentation ranges from 90 to 120 minutes.

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Budget 2021: Task cut out for FM to boost consumer demand

Budget 2021: Task cut out for FM to boost consumer demand
The GDP contracted 23.9 per cent in the first quarter of FY21. It recovered in Q2 but still contracted by 7.5 per cent. The Reserve Bank of India (RBI) in its latest estimate had also projected the annual GDP to contract 7.5 per cent in the fiscal year
BusinessToday.In | February 1, 2021 | Updated 05:49 IST
Finance Minister Nirmala Sitharaman will present Union Budget 2021-22 in Parliament today
The COVID-19 pandemic has had a major impact on consumer demand as spending slumped due to people being stuck in their homes and some not being able to work. The already flailing economy was shoved to the ground by the COVID-19 pandemic and the following lockdowns.

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Union Budget 2021 highlights: Pensioners over 75 years need not file IT returns, says FM

Finance Minister Nirmala Sitharaman today assured that all the divestments announced so far will be completed by the end of 2021-22. The companies where divestment

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Budget 2021 today Finance Minister Nirmala Sitharaman economic vaccine bahi khata

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Finance Minister Nirmala Sitharaman to present Budget 2021 today
Finance Minister Nirmala Sitharaman on Monday will deliver her promised budget, which is expected to provide relief to the pandemic-hit common man as well as focus more on driving the economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours. As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.

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Budget share of capital expenditure highest in decade, aims for investments

The government on Monday allocated a higher share of the budget to capital expenditure than it has for over a decade, aiming to help push investments amid a pandemic slowdown.
Around 15.91 per cent of the budget is for capital expenditure: it was 13.55 per cent last year. The calculations are based on budget estimates. Capital expenditure refers to money spent on the creation of assets for future use like roads and buildings for health facilities. Revenue expenditure includes things like interest payments and salaries that the government pays on an ongoing basis.
The share of the budget devoted to the creation of long-term assets or capital expenditure has been on the decline in recent years. It had touched 19.3 per cent in the budget estimates for the financial year 2004-05 (FY05). This declined to 12.15 per cent in FY20. This was the lowest in ten years. It was 12.11 per cent in FY10. The previous high before this year's number was 18.02 per cent in FY08.

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Union Budget 2021 LIVE Updates: FM Nirmala Sitharaman Set To Present Union Budget Today

Union Budget 2021 Highlights | All the action from FM Sitharaman’s budget– as it happened
Union Finance Minister Nirmala Sitharaman on February 1 presented the Union Budget 2021 and revised the expenditure target for FY 2021 at Rs 34.50 lakh crore. She allocated Rs Rs 2,23,846 crore for health, Rs 1.18 lakh crore for road infra, Rs 1,10,055 crore for Railways, Outlay over Rs 3 lakh crore for power and set the divestment target for FY22 at Rs 1.75 lakh crore, among other things. This blog is now closed.
Budget 2021 Highlights: Finance Minister Nirmala Sitharaman presented Union Budget 2021-22 today. She used a tablet computer to deliver the paperless Budget address. This Budget assumes great significance as it comes amid the novel coronavirus pandemic, which has led to massive economic disruption in India

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