Budget 2024: After the British rule, Independent India’s first finance minister RK Shankmukham Chetty carried the first Budget papers in a leather portfolio bag to the Parliament.
Budget 2024: India s first interim budget was presented in 1947 by RK Shanmukham Chetty to address economic hardship after independence. Fourteen interim budgets have been presented since then
Budget 2021 news updates: Nirmala Sitharaman delivers budget speech at parliament.
New Delhi:
Finance Minister Nirmala Sitharaman addressed parliament today with details of the Union Budget 2021, the first after a difficult year for the economy due to the COVID-19 pandemic. She announced foreign direct investment (FDI) hike in insurance to 74 per cent from 49 per cent with foreign control under safeguards. The Finance Minister has set a target of Rs 16.5 lakh crore as agricultural credit. Her budget speech comes after a difficult year for the economy due to the COVID-19 pandemic, which shut down businesses for months, leading to lost earnings, curtailed consumer spending and job cuts. The total impact of Atmanirbhar Bharat and measures by RBI was Rs 27.1 lakh crore, which amounts to 30 per cent of GDP, Ms Sitharaman said. 2021 is a year of many milestones, she said.
Economic Survey 2021 updates: Agriculture set to cushion Covid blow on economy, says CEA
Economic Survey 2021 updates: Agriculture set to cushion Covid blow on economy, says CEA
The Economic Survey provides a summary of the annual economic development across the country during a financial year. Stay with TOI for all the updates.
THE TIMES OF INDIA | Jan 29, 2021, 21:46:49 IST
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17:09 (IST) Jan 29
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