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Who Say What on Union Budget 2021
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Budget 2021: What industry wants
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Last Updated: Jan 26, 2021, 10:32 AM IST
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India Inc wants a strong stimulus dose for the pandemic-hit economy in the upcoming budget to help it rebound from the Covid disruption
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Comprehensive relief package for aviation sector
India Inc wants a strong stimulus dose for the pandemic-hit economy in the upcoming budget to help it rebound from the Covid disruption. ET looks at the wish list of some key sectors:
Higher 25% depreciation rate for passenger vehicles & 2-wheelers
Reinstatement of investment allowance for component makers
Include EV industry in the priority sector lending category
Aviation
Budget 2021: Here s what the Indian startup ecosystem is hoping for
Ahead of this year’s Union Budget on February 1, here’s what business leaders, entrepreneurs, investors, and other stakeholders from the Indian startup ecosystem expect from the Indian government.
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2020 was a year full of challenges for livelihoods and the overall economy of the country, sparked by the COVID-19 pandemic. According to the
National Statistical Office (NSO), India s GDP is estimated to contract by a record 7.7 percent during 2020-21 fiscal as the pandemic severely hit key manufacturing and services segments.
The Union Ministry of Finance is all set to roll out additional measures to revive the slowing economy, post the Rs 20 lakh crore COVID-19 relief package announced in May 2020.