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Union Budget 2021-22: India Budget News & Updates, Railway Budget, FM Nirmala Sitharaman Speech


Budget 2021
The Union Budget 2021 was presented by Finance Minister Nirmala Sitharaman on February 1. The budget for the next fiscal year starting April 1 had several growth-oriented measures including major focus on infrastructure development across all sectors. A chunk of this year’s budget outlay will be used for enhancing infrastructure across sectors. FM Sitharaman also proposed a higher budget allocation of Rs 2.23 lakh crore for healthcare in the wake of the coronavirus pandemic. Besides the higher allocation, a new healthcare plan was also announced. Some key sectors like defence and agriculture are also got a boost in Nirmala Sitharaman’s third budget announcement. While the government’s spending has gone up in the budget, much of it was aimed at boosting infrastructure to support jobs and development. However, no major tax changes were announced in view of the tight revenue position and higher spending. ....

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