Sitharaman's 'like never before' Budget 2021 likely to provide relief to pandemic-hit economy today
3 years, 11 months ago

Sitharaman's 'like never before' Budget 2021 likely to provide relief to pandemic-hit economy today

India TV News  

Finance Minister Nirmala Sitharaman on Monday will deliver her promised budget, which is expected to provide relief to the pandemic-hit common man as well as focus more on driving the economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours. Higher capital expenditure outlay for National Infrastructure Pipeline program that has an aggregate investment target of Rs 111 lakh crore over the period 2020-25 and making recently introduced Production-Linked Incentive scheme more attractive to lure foreign manufacturers to boost domestic manufacturing are top expectations from the budget. Budget 2021 - Expectations The budget will have to address a number of issues - health infrastructure, reviving demand, banking sector reforms, fiscal consolidation and implementation of the 15th Finance Commission report, said Brickwork Ratings. Gargi Rao, Economic Research Analyst at GlobalData, said, "The expectations from the upcoming budget are mainly inclined towards infrastructure development, tax concessions for elderly to provide a breather for consumers to increase their overall consumption, along with increasing domestic production." The budget will come as an economic vaccine for the pandemic-battered economy and steer India with the much-needed stimulus to boost demand, consumer confidence and at the same time boost the purchasing power of the people, the Indian Chamber of Commerce said, adding incentives to industries like textiles, apparel, leather, food processing, construction and retail are expected.

History of this topic

Infrastructure: Sitharaman will need to juggle conflicting demands in budget
1 day, 11 hours ago
FM Sitharaman, economists discuss slowing growth, budget priorities, and macroeconomic challenges
1 month, 1 week ago
Budget 2024: Placing thrust on infrastructure
5 months, 3 weeks ago
The budget echoes the Developed India vision
5 months, 3 weeks ago
Union Budget 2024 India: Sitharaman Announces 5 Schemes Focusing On 4.1 Crore Youth Over Next 5 Years
5 months, 3 weeks ago
Budget 2024: Key announcements by Finance Minister Nirmala Sitharaman
5 months, 3 weeks ago
Sitharaman to present Budget 2024: Understanding the Budget, its impact on India's economy
5 months, 3 weeks ago
Nirmala Sitharaman likely to present Full Budget on July 24
6 months, 1 week ago
Nirmala Sitharaman Interview: Policy Stability An Obsession with PM, India's Systemic Reforms Bearing Fruit, Says FM
11 months, 1 week ago
Poll posture: On the 2024 Interim Budget
11 months, 1 week ago
Budget 2024: Measures for economy, select segments to feature in Nirmala Sitharaman's sixth straight budget
11 months, 2 weeks ago
Budget 2024: Average real income 50 per cent higher, inflation moderated, says Nirmala Sitharaman
11 months, 2 weeks ago
Budget 2024: Sitharaman stresses govt's commitment to continue 'PM Kisan Samman Yojana'
11 months, 2 weeks ago
India will stay on course; projected to grow at 7% in 2022-23: FM Sitharaman
1 year, 9 months ago
A raft of concessions amid consolidation: The Hindu Editorial on Union Budget 2023-24
1 year, 11 months ago
Making India the No 1 economy in the world is our priority: Bandi
1 year, 11 months ago
Indian economy has grown to world's 5th largest from 10th in 9 years: FM Sitharaman
1 year, 11 months ago
Budget with vision puts India on the path to be a world champ: India Inc leaders
1 year, 11 months ago
Budget 2023 | Nirmala Sitharaman announces fund to encourage agri-startups
1 year, 11 months ago
Budget 2023 live | Income tax relief, sops for women, scheme for artisans, and more
1 year, 11 months ago
Union Budget 2023: Sitharaman avers govt provided free foodgrains to 80 crore poor people during pandemic
1 year, 11 months ago
Why Nirmala Sitharaman's Budget 2023 likely to avoid populist measures
1 year, 11 months ago
Budget This Year To Follow Spirit Of Earlier Ones, Says FM Nirmala Sitharaman
2 years ago
Budget this year to follow spirit of earlier ones: Sitharaman
2 years ago
Finance Minister Nirmala Sitharaman sees capital spending fuelling growth
2 years, 1 month ago
Nirmala Sitharaman says budget to address growth, inflation concerns
2 years, 3 months ago
Sitharaman says India’s fundamentals sound because of steps taken by govt
2 years, 7 months ago
DC Edit | The growth story continues
2 years, 7 months ago
India economy to grow at quickest pace among large nations: Finmin report
2 years, 10 months ago
Budget 2022: FM Nirmala Sitharaman Lays Long-term Blueprint for Amrit Kal
2 years, 11 months ago
Budget 2022: India to lay out plan for keeping world’s fastest-recovery going
2 years, 11 months ago
Budget 2022: Sharp rebound, recovery of economy reflective of India's resilience, says Sitharaman
2 years, 11 months ago
More infrastructure, more investment, more growth, more jobs: PM Modi on Budget 2022
2 years, 11 months ago
Recovery in economic activity now above pre-pandemic levels, says Principal Economic Advisor
2 years, 11 months ago
Despite COVID-19, govt took up reforms to make India one of top economies: Sitharaman
3 years, 11 months ago
Repo Rate Unchanged at 4%, GDP Growth Projected at 10.5% for FY22
3 years, 11 months ago
The budget got its growth focus right but challenges still remain
3 years, 11 months ago
Opinion | Budget will surely give a big boost to Indian economy, an Atmanirbhar Bharat
3 years, 11 months ago
This is no 1991, but Sitharaman's budget should boost growth, create jobs and stimulate a COVID-hit economy
3 years, 11 months ago
Union Budget 2021: Finance Minister Nirmala Sitharaman Refuses to Embark on Path of Fiscal Irresponsibility
3 years, 11 months ago
Budget 2021 Updates: Nirmala Sitharaman claims govt delivered on healthcare, infra; 'let down like never before,' says Chidambaram
3 years, 11 months ago
Budget 2021: In first budget during coronavirus pandemic, FM announces massive outlay to strengthen health and wellness
3 years, 11 months ago
Watch Nirmala Sitharaman's Budget 2021 speech live telecast at Aaj Tak, India Today
3 years, 11 months ago
Highlights: Budget will drive economic revival post Covid-19, says India Inc
3 years, 11 months ago
Budget 2021 LIVE: Budget is a shot in the arm for Indian economy, says S&P
3 years, 11 months ago
Budget 2021 will be starting point for economic recovery after COVID-19 pandemic, say experts
3 years, 11 months ago
Budget 2021: FM Nirmala Sitharaman Must Provide a ‘Political’ Vision for India’s Economic Revival
3 years, 11 months ago
Budget 2021: Economic Survey forecasts 'V-shaped' recovery, FY22 growth at 11%
3 years, 11 months ago
Union Budget 2021: Why stakes are high in FM Sitharaman's 'budget like never before'
3 years, 11 months ago

Discover Related