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Delhi Assembly Budget session from March 8; health, education to be focus

The Delhi Assembly's Budget session will begin from March 8.
The decision was taken at a meeting of the Delhi cabinet, deputy Chief Minister Manish Sisodia said in a tweet.
The session will end on March 16.
The government will present its budget for 2021-22with a focus on areas of health, education and infrastructure including water supply, according to sources.
New taxes are unlikely, the sources said.
The government had presented a Rs 65,000 crore budget for 2020-2021 that was around 10 per cent more than that in 2019-20.
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Chhattisgarh CM presents budget of Rs 97,106 cr for 2021-22

Chhattisgarh Chief Minister Bhupesh Baghel on Monday presented a budget of Rs 97,106 crore for 2021-22 in the Assembly.
He said the budget defines the concept of development through the acronym HEIGHT, where H stands for holistic development, E for education (equal opportunity for all), I for infrastructure, G for governance, H for health and T for transformation.
The CM said, in the budget, 38 per cent provision is for the social sector, 39 per cent for the economic sector and 23 per cent for the general service sector.
"The estimated gross expenditure for 2021-22 is Rs 1,05,213 crore. The net expenditure is estimated at Rs 97,106 crore after deducting the repayment of loans and recoveries from gross expenditure. Revenue expenditure is Rs 83,028 crore and capital expenditure is Rs 13,839 crore, which is 14 per cent of the total expenditure," the CM said in his speech.

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Additional Budget allocation to wipe out fertiliser subsidy backlog: Ind-Ra

Read more about Additional Budget allocation to wipe out fertiliser subsidy backlog: Ind-Ra on Business Standard. The credit metrics of fertiliser manufacturers in general and urea manufacturers in particular are likely to improve meaningfully in FY22, India Ratings and Research (Ind-Ra) said on Friday

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UP Budget Session begins Thursday, Speaker appeals for smooth proceedings

The Budget Session of the Uttar Pradesh legislature will begin with Governor Anandiben Patel's address to a joint sitting of both Houses of the state legislature on Thursday.
The Yogi Adityanath government is slated to present its annual budget for 2021-22 on Monday. This will be the last budget of the BJP government before the state goes to polls early next year.
As the opposition parties prepared to grill the government on pressing issues, particulary those relating to the ongoing farmer protests, law and order and the handling of the coronavirus pandemic, Assembly Speaker Hriday Narain Dixit sought cooperation of leaders of all parties for smooth conduct of business.

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Sitharaman addresses RBI board, explains priorities of government

Read more about Sitharaman addresses RBI board, explains priorities of government on Business Standard. FM Sitharaman on Tuesday explained the government's priorities to the Reserve Bank of India's central board during their first meeting after presentation of the Budget

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India's Budget points to a loosening of fiscal policy: Fitch Ratings

Read more about India's Budget points to a loosening of fiscal policy: Fitch Ratings on Business Standard. The Budget points to a loosening of fiscal policy to support the country's ongoing economic recovery from the pandemic and will consequently lead to a rise in public debt, Fitch said

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Opposition slams govt in Lok Sabha for ignoring 'aam admi' in budget

The Opposition slammed the government in the Lok Sabha on Wednesday for ignoring the "aam admi" and showing insensitivity towards agitating farmers in the budget proposals for 2021-22, which were unveiled by Finance Minister Nirmala Sitharaman earlier this month.
"The aam aadmi has been let down totally in the last seven years...and the budget has betrayed his most fundamental aspirations," Congress member Shashi Tharoor said while initiating the general discussion on the Union Budget.
The finance minister has neither played defensive nor hit the ball, he said, adding, "She has just run out of ideas. You cannot cross the sea but just keep staring at it."

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