Union Finance Minister Nirmala Sitharaman on Monday introduced the Union Budget 2021, her third as Finance Minister on Monday. For the primary time, the Budget went paperless as Sitharaman learn out her 110-minute speech from a pill. Members within the Lower House had been supplied mushy copies of the speech and paperwork. There had been fairly just a few firsts in Budget 2021-2022. Many of the Budget bulletins, together with some associated to taxation, had been greeted with thumping of desk by the ruling occasion members. Bringing the budget in essentially the most difficult instances through the pandemic, Finance Minister Nirmala Sitharaman in an exclusive dialog in Aaj Ki Baat with Rajat Sharma, Editor-In-Chief and Chairman, India TV, mentioned the important thing highlights of the Union Budget 2021.
Aaj Ki Baat Exclusive: Finance Minister Nirmala Sitharaman on Union Budget 2021 | Highlights
- After the lockdown was introduced, the Modi authorities through direct financial institution switch credited an quantity within the arms of poor individuals, those that had been within the utmost want.
- Putting cash proper within the arms of the individuals shouldn’t be the one resolution.
- Budget 2021 will assist generate employment, FM Sitharaman stated.
- The authorities didn’t add the burden of taxes on the frequent man.
- Opposition simply needs that each one the cash ought to be put within the arms of individuals, which isn’t an acceptable resolution.
ALSO READ | Nirmala Sitharaman on Budget 2021: ‘Govt didn’t hesitate in spending’
- The authorities is in talks with the Reserve Bank of India (RBI) for funding.
- On disinvestment, the federal government will solely be excited about offers that can do full justice to the worth of public corporations, Nirmala Sitharaman stated.
- It is sweet that loss-making public corporations should be bought.
- New Agriculture cess is only a readjustment, will not have an effect on petrol, diesel costs.
— India TV (@indiatvnews) February 1, 2021
- The authorities is buying from farmers in file numbers.
MSP पर वित्त मंत्री @nsitharaman ने कहा- उनको अगर मन में शक है तो कृषि मंत्री नरेंद्र सिंह तोमर तैयार हैं चर्चा के लिए किसान भाईयों से #AajKiBaat #FinanceMinisterOnIndiaTV @RajatSharmaLive pic.twitter.com/uLpRgqrejJ
— India TV (@indiatvnews) February 1, 2021
- How can we stall street infrastructure tasks simply because there are elections in some states, asks Finance Minister Nirmala Sitharaman.
- Lashing out at West Bengal Chief Minister Mamata Banerjee, FM Sitharaman stated she (Mamata) doesn’t like every work carried out by Prime Minister Narendra Modi.
- Ujjwala Scheme has up to now benefited 8 crore households and subsequent yr, the scheme can be prolonged to cowl 1 crore extra beneficiaries, Finance Minister Sitharaman talked about. The authorities has already taken cooking gasoline protection to over 98 per cent of households and extension of Ujjwala will present for full protection of households.
ALSO READ | What FM Sitharaman introduced for rural infra growth fund in Budget 2021-2022
Some different stats from Budget 2021
The Centre has allotted about Rs 1,66,547 crore to the Ministry of Home Affairs for the 2021-22 fiscal with a majority of the funds going to the police forces and a considerable quantity for census associated works.
According to the budget, introduced by Finance Minister Nirmala Sitharaman, Rs 30,757 crore has been allotted to Jammu and Kashmir and Rs 5,958 crore for Ladakh — the 2 newly created Union Territories.
The MHA has been allotted Rs 1,66,546.94 crore for the following fiscal with Rs 1,03,802.52 crore for the central armed police forces just like the CRPF, BSF, CISF and so forth.
and Rs 3,768.28 crore for census operations. The work for the census 2021 has been postponed as a result of coronavirus pandemic.
Central sector schemes and tasks of the MHA bought Rs 1,641.12 crore, whereas Rs 481.61 crore has been allotted for catastrophe administration. The Union Territories of Andaman and Nicobar Islands has been allotted Rs 5,317.41 crore, Chandigarh Rs 4,661.12 crore, Dadra and Nagar Haveli and Daman and Diu Rs 2,204.
59 crore, Lakshasweep Rs 1,440.56 crore and Puducherry Rs 1,729.79 crore.
Earlier within the day, terming the Budget 2021 “exceptional”, Prime Minister Narendra Modi stated it has a imaginative and prescient of “Aatmanirbhar” (self-reliance) and inclusion of each citizen with a way of perception in growth amid the Covid-19 pandemic which has shaken whole humanity.
Mentioning the affect of Covid-19, Modi stated the Budget has been introduced amid distinctive circumstances and can spotlight India’s confidence, and on the similar time, evoke a brand new confidence on the planet.
ALSO READ | Budget 2021: Govt allocates Rs 13,949 crore to Space Dept as India preps up for Gaganyaan launch
In his remarks after the Union Budget was tabled within the Lok Sabha, the Prime Minister stated that the rules behind the Budget embody growth of latest alternatives for development, and for the youth, giving new dimension to human useful resource, infrastructure growth, and serving to new sectors develop.
The Prime Minister stated that the Budget will improve “ease of living” for the frequent man by simplifying process and guidelines, whereas bringing constructive modifications for people, buyers, business and infrastructure sector.
ALSO READ | Big increase to infra, healthcare in Modi sarkar’s Budget 2021: Who bought what
Latest Business News