1. News

Budget 2021 Live Updates: Sitharaman Announces Rs 35,000 cr on Covid-19 Vaccine for 2021-22

Pronami Chetia
Pronami Chetia
Pic Credit: economic times

Today is a big day for Indian citizen and economy as Finance Minister Nirmala Sitharaman is all set to present her digital budget in the Lok Sabha. Moreover, this budget will be of great importance amid the long prolonged farmer’s protest and global corona pandemic.

This budget will be significant for farm and agri sector as the farmers across the state and mainly Punjabi farmers are throwing their anger against the central government’s decision. 

As per reports, the finance minister and MoS Finance Anurag Thakur have reached the Parliament for presenting the Union Budget 2021-22. Earlier, they met President Ram Nath Kovind at the Rashtrapati Bhawan. She has assured a budget “like never before”.

There is expectation that the budget could be transformational in its measures for health care, on job creation and for the Micro Small and Medium Enterprises (MSMEs). India Inc.

Key Points Budget 2021-22

  • Sitharaman Announces Rs 35,000 cr on Covid-19 Vaccine for 2021-22

  • Rs 3.05 lakh crore outlay for power sector: FM Sitharaman

  • Jal Jeevan Mission to be launched with an outlay of 2.87 thousands crores to cover 286 crore households

  • FM gives boost to renewable energy sector.

  • Rs 1,000 crore to solar energy corporation and Rs 1,500 to renewable energy development agency: FM

  • Budget 2021: Gas pipeline project to be taken up in J&K

  • Finance Minister Nirmala Sitharaman announces a new gas pipeline project for Jammu and Kashmir 

  • Svamitva Schemes expanded to all states and UTs.

  • 'One Nation One Ration Card' for migrant workers to be implemented in 32 states and UTs.

  • Minimum wages for labors

Union Budget 2021 live: India Budget 2021: Six pillars of Budget

  • Health and wellbeing

  • Infrastructure

  • Inclusive development

  • Development of human capital

  • Research and development

  • Minimum government, maximum governance

Ujjawala Yojana

The government has announced the extension of benefits of the Ujjawala scheme to an additional 1 crore people 

  • Central University to be established in Leh, Ladakh

  • Special scheme for Assam and WB tea workers

  • Rs 1,000 crore for Bengal, Assam tea workers

  • The number of wheat, paddy, cotton growing farmers increased compared to last years: FM

  • Fiscal deficit for 2021-22 at 6.8% of GDP

Rs 3,768 crore for Census: FM

  • Affordable Housing Schemes for all

  • Rs 300 crore to Goa for Liberation anniversary

  • LLP Act to improve ease of doing business

  • Exemption from filing tax for elderly

We shall reduce compliance burden on senior citizens. For senior citizens who only have pension and interest income, I propose exemption of filing of income tax returns: FM

Like this article?

Hey! I am Pronami Chetia. Did you liked this article and have suggestions to improve this article? Mail me your suggestions and feedback.

Share your comments

Subscribe to our Newsletter. You choose the topics of your interest and we'll send you handpicked news and latest updates based on your choice.

Subscribe Newsletters