Union Budget 2021: Here’s a quick look at the highlights
3 years, 10 months ago

Union Budget 2021: Here’s a quick look at the highlights

Live Mint  

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. Budget 2021 Highlights: Financial moves Govt to set up a Development Financial Institution NHAI and PGCIL to set up INVITs to attract global funds Proposal for New Rationalised Securities Markets Code Govt allots ₹20,000 crore for bank recapitalisation Budget 2021 Highlights: Infrastructure To spend ₹1.41 lakh crore for Urban Clean India Mission Proposes voluntary Vehicle Scrappage Policy Outlay of ₹1.18 lakh crore for Ministry of Road Transport and Highways India to spend ₹1.1 lakh crore for Railways in FY22 Budget 2021 Highlights: Healthcare Govt to spend ₹64,180 crore on healthcare over six years Govt sets aside ₹35,000 crore for Covid-19 vaccine in FY22 Budget 2021 Highlights: Minimum government, maximum governance FM proposes to modify 'Small Companies' definition Increase the permissible limit for Foreign Direct Investment for insurance companies to 74% from 49%. Will add 100 more districts in the next 3 years for city gas distribution: FM Nifty climbs above 13,800 as FM Nirmala Sitharaman presents Union Budget 2021. Finance minister Nirmala Sitharaman announced ₹ 2,83,846 lakh crore for health and wellness sector which also includes ₹ 35,000 crore for Covid-19 vaccines. Union Cabinet's meeting begins ahead of the presentation of Union Budget 2021-22 by Finance Minister Nirmala Sitharaman at the Parliament today.

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