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Talking about the first pillar, health and well-being, Finance Minister Nirmala Sitharaman said the investment on health infrastructure in the Union Budget 2021-22 has been increased substantially.
The Finance Minister said the warehousing development and regulatory authority will be strengthened to set up a commodity market ecosystem arrangement including vaulting, assaying and logistics.
Stating that fighting the COVID-19 pandemic remains the Centre’s biggest priority, Finance Minister Nirmala Sitharaman proposed to set aside Rs 2.46 lakh crore for healthcare, with Rs 35,000 crore earmarked for the coronavirus vaccine programme.
Budget 2021 | Fitness testing, certification of old vehicles should take place at earlier intervals: SIAM The industry body also raised concerns over the increase in customs duty on certain imported vehicle components, saying it could lead to increase in production cost of automobiles. PTI Representative image (PC- MoneyControl.Com) With the government proposing a voluntary scrappage policy in the Budget under which vehicles would undergo fitness tests after 15-20 years, auto industry body SIAM on Monday said fitness testing and certification of ol...
Budget 2021 | Nirmala Sitharaman has managed to surpass sky-high expectations Budget 2021 has done enough to pull the economy out of the impact of COVID-19 and improve India’s medium-term growth prospects Sameer Narang Representative image (PC- MoneyControl.Com) Never have expectations been so high with the Union Budget. To give credit, Finance Minister Nirmala Sitharaman has managed to surpass sky-high expectations. Capital spending has been revved up without raising taxes. The minister will borrow to fund growth. The economic rationale is to cr...