Union Budget 2021: Here s a quick look at the highlights
Finance Minister Nirmala Sitharaman.Premium
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Union Finance Minister Nirmala Sitharaman on Monday presented the Budget 2021-22 that aims to shore up an economy badly-hit by the novel coronavirus pandemic. During her third budget speech in Lok Sabha, Sitharaman said that the government is committed to the welfare of farmers and the Minimum Support Price (MSP) regime has undergone a change.
The economy is projected to contract 7.7% in the current fiscal year, although the government forecasts growth of 11% for the coming fiscal year, after a massive COVID-19 vaccination drive and a rebound in consumer demand and investments.
Union Budget 2021: Healthcare stocks like Fortis, Apollo Hospital, SRL Logistics in focus on introduction of Aatmanirbhar Health Yojana
The healthcare sector was among the biggest gainers in the last 10 months given the opportunities made available in the light of the pandemic. The BSE Healthcare index rallied 87 percent from March 23 s closing low.
Representative image (PC- MoneyControl.Com)
In the aftermath on COVID-19, Finance Minister Nirmala Sitharaman s Budget speech focussed on allocation to healthcare sector. She introduced the Aatmanirbhar Health Yojana with an outlay of Rs 64,180 crore over six years.
This will strengthen the National Centre for Disease Control, she said.
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