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137% hike in health care outlay


2091
The Budget also proposes to plug the gaps in health infrastructure by effecting 137% hike in allocation as compared with the current year figure.
Sandeep Dikshit
New Delhi, February 1
Despite a huge deficit due to Covid-induced lockdown and a carried-over drag on demand, the government kept intact its push for capital expenditure by a higher-than-expected borrowing plan and an ambitious sale of government assets ranging from ports, airports, cricket stadia and warehouses to insurance companies.
Edit:
Unveiling the first paperless Budget, Finance Minister Nirmala Sitharaman announced record capital expenditure of Rs 5.54 lakh crore to finance over 11,000-km highways and metros, rapid rail transport projects for 27 cities, mega textile parks besides continuing with the thrust on existing Bharatmala projects. ....

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Union Budget 2021: Inadequate Allocation For Skilling, Digital Learning A Concern


Union Budget 2021: Inadequate allocation for skilling, digital learning a concern
Despite the government’s stress on NEP, a 6.1 percent drop in total allocation for the Ministry of Education is considered baffling for the sector’s premier stakeholders
February 03, 2021 / 01:21 PM IST
At a time when the government is planning to formally begin the implementation of the National Education Policy (NEP), 2020, with specific emphasis on upskilling and digital learning, the education sector was expecting a big increase in budgetary allocation this year, as compared to the previous budget.
Instead, what has come is a dampener. There is visible disappointment in the sector since the 6.1 percent drop in total allocation for the Ministry of Education at Rs 93,224 crore compared to Budget 2020, was announced. In the revised estimate of 2020-21, this stood at 9.5 percent higher. ....

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Budget For The Masses? The Dominant Themes Likely To Get Nirmala Sitharaman's Attention This Year


Budget for the masses? The dominant themes likely to get Nirmala Sitharaman’s attention this year
Generous budgetary support for construction, MGNEGA and rural infrastructure can ensure income transfers to the lower level of the pyramid
Finance Minister Nirmala Sitharaman (File image: Reuters)
The challenges before Finance Minister Nirmala Sitharaman as she prepares to present the Union budget for 2021-22 are all too well known. The nation is just about emerging from a year of economic contraction, business shutdowns, and job and income losses, all brought on by the COVID-19 pandemic and policy decisions taken to contain it. Measures are needed to accelerate growth, create more jobs, increase household incomes, boost investment and consumption and nurse the fisc back to health. ....

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