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1. Health and Wellbeing There is substantial increase in investment in Health Infrastructure and the Budget outlay for Health and Wellbeing is Rs 2,23,846 crore in BE 2021-22 as against this year’s BE of Rs 94,452 crore, an increase of 137 percentage. The Finance Minister announced that a new centrally sponsored scheme, PM AatmaNirbhar Swasth Bharat Yojana, will be launched with an outlay of about Rs 64, 180 crore over 6 years. This will develop capacities of primary, secondary, and tertiary care Health Systems, strengthen existing national institutions, and create new institutions, to cate...

Hon’ble Speaker, I present the Budget for the year 2021-2022. 1. Honourable Speaker, the preparation of this Budget was undertaken in circumstances like never before. We knew of calamities that have affected a country or a region within a country, but what we have endured with COVID-19 through 2020 is sui generis. 2. When I presented the Budget 2020-21, we could not have imagined that the global economy, already in throes of a slowdown, would be pushed into an unprecedented contraction. 3. We could not have also imagined then that our people as those in other countries would have to endure...

Finance Minister Nirmala Sitharaman on Monday unveiled an expansionary Budget that focused on health, hope and growth; maintained status quo on direct taxes; avoided the much-feared wealth tax, boosted government’s capital expenditure by 26 per cent on the revised estimates for FY21 and kept market borrowing targets around the same level as the financial year gone by, at Rs 12 lakh crore. Those largely met the expectations of the financial markets, which were hoping for a ‘no-harm Budget’. Domestic equities rallied, but bond yields hit a four-month high as market participants reckoned t...

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.

Updated Feb 01, 2021 | 18:48 IST Budget 2021 Highlights: The preparation of this Budget was undertaken in circumstances like never before, in view of calamities that have affected a country or a region within a country, said FM Sitharaman Budget Highlights  New Delhi: Finance Minister Nirmala Sitharaman presented her third Budget today. Union Budget 2021 was much anticipated as it came at a time when the economy is reeling from the negative impact of the coronavirus. The pandemic, which has left millions dead and jobless, is far from over and people were looking ...