Lucknow (Uttar Pradesh) [India], February 2 (ANI): Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday called a cabinet meeting at his residence at 11 am.
Defence, consumer affairs, home affairs and rural development were among the top sectors that received the highest budgetary allocations for FY 2021-22.
Budget to reset the economy
Budget to reset the economy
COVID-19 pandemic impacted Indian economy where revenues of and expenditures by the Government during the current fiscal saw a huge mismatch and where almost all sectors of the economy barring our agriculture suffered enormously, presenting a Budget under such circumstances cannot be anything less than a ticklish job and how much the Finance Minister Nirmala Sitharaman succeeded in her efforts towards giving a push to economic activities with emphasis on generating demand, encouraging consumption and creating job opportunities can well be perused in the Budget presented by her for the fiscal 2021-22. This Budget has the distinction of being the first ever digital Union Budget where while fight against the COVID-19 pandemic would continue, various measures , projections and allocations were made to primarily counter the effects of its impact, at the same time keeping the goals of growth and progress of the economy duly focusse
Leading Personalities From Different Sectors Weigh In On This Time’S Budget
Pune Mirror / Updated: Feb 2, 2021, 06:00 IST
Government, MIT World Peace University
RATING - 6/10
The FM presented yet another normal Union Budget this year. There is no political sensationalism but no path-breaking ideas either. Push for Atmanirbhar Swasthya Abhiyan is on expected lines, in continuity with slew of measures announced by government since the pandemic began. There is no relief to direct taxpayers or signifi cant announcements to enhance tax net. The focus yet again is on revenue generation through disinvestment, appealing to middle class and higher middle-class supporters of Modi regime.
Budget reinforces govt focus on affordable housing: Niranjan Hiranandani
Niranjan Hiranandani, National President, NAREDCO, and MD, Hiranandani Group×
Proposals are growth-oriented, says MD, Hiranandani Group
From an overall macro-economic perspective, the Finance Minister has delivered a ‘get well soon’ type of Budget. If we were to look at the ‘V’ shaped economic recovery and its future progress, it is powered by the Covid-19 vaccination programme.
Affordable Housing remains the Government of India’s favoured segment in real estate, going by the Budget proposals. As the Indian economy slowly but surely makes its way out from the challenged scenario, the Budget has the potential to accelerate the recovery and economic growth will power enhanced offtake in real estate.