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 the loss of near and dear ones and suffer hardships brought about due to a health crisis.
Union Budget 2021: Here is Full Text of Nirmala Sitharaman s Address at the Parliament
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Introduction
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. RELATED NEWS
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.
We could not have also imagined then that our people as those in other countries would have to endure the loss of near and dear ones and suffer hardships brought about due to a health crisis.
This is no 1991, but Sitharaman s budget should boost growth, create jobs and stimulate a COVID-hit economy The best part of Union Budget 2021, however, is that Nirmala Sitharaman resisted the temptation to slap more cess, surcharges on the taxpaying citizens and refrained from imposing a ‘wealth tax’ to raise revenue. Sreemoy Talukdar February 01, 2021 20:47:36 IST File image of Nirmala Sitharaman. PTI
When all that the Opposition can muster to criticise the Union budget is a tired, old rhetoric from the 1980s or a meaningless bombast, it is evident that Nirmala Sitharaman has nailed the political messaging. But what about the economy, that is showing signs of promise but overall struggling to emerge from the pandemic-induced recession?
Budget 2021 speech highlights: Full list of FM Sitharaman s key announcements
Union Budget 2021 highights: A new centrally sponsored scheme, PM Atma Nirbhar Swasth Bharat Yojana, will be launched with an outlay of about Rs 64,180 crore over six years
BusinessToday.In | February 1, 2021 | Updated 17:23 IST
FM Sitharaman s Budget 2021 speech highlights
Finance Minister Nirmala Sitharaman on Monday delivered her third Budget speech in the Parliament. She stated that her Budget 2021 rests on six key pillars: Health and Wellbeing; Physical and Financial Capital, and Infrastructure; Inclusive Development for Aspirational India; Reinvigorating Human Capital; Innovation and R&D; and Minimum Government and Maximum Governance.
After that, she went on to announce key reforms that sought to address the path to revive the COVID-19 battered economy.
FM announces new public transport technologies for urban areas daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.