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What do you know about the budget 2021?

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What do you know about the budget 2021?

Expenditure: The government proposes to spend Rs 34,83,236 crore in 2021-22. Fiscal deficit is targeted at 6.8\% of GDP in 2021-22, down from the revised estimate of 9.5\% in 2020-21 (4.6\% in 2019-20). The government aims to steadily reduce fiscal deficit to 4.5\% of GDP by 2025-26.

What are the three themes of Budget 2021?

three areas: Preventive, Curative, and Wellbeing.

What are key highlights of the budget?

Here are some of the key highlights of budget 2021:

  • Fiscal Deficit Target.
  • Corporate Tax.
  • Ease of Doing Business.
  • FDI in Insurance.
  • Improved Healthcare Infrastructure.
  • Raising the bar for education.
  • Emphasis on boosting physical infrastructure.
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What are the highlights of budget?

Key Highlights of Union Budget 2021-22

  • Health and Wellbeing.
  • Physical & Financial Capital, and Infrastructure.
  • Inclusive Development for Aspirational India.
  • Reinvigorating Human Capital.
  • Innovation and R&D.
  • Minimum Government and Maximum Governance.

What is the theme of budget 2020 2021?

Union Budget 2021-22: Soon after Finance Minister Niramala Sitharaman presented Budget 2021, the Trinamool Congress termed it as ‘visionless budget’ with the theme of ‘Sell India’.

What are the highlights of Union Budget 2021 to 2022?

Union Budget 2021-2022

  • Health and Wellbeing.
  • Physical & Financial Capital, and Infrastructure.
  • Inclusive Development for Aspirational India.
  • Reinvigorating Human Capital.
  • Innovation and R&D.
  • Minimum Government and Maximum Governance.

What is the theme of Budget 2020 2021?

What is the theme of union budget 2021 2022?

The focus in this year’s Budget is to strengthen the Sankalp of Nation First, Doubling Farmer’s Income, Strong Infrastructure, Healthy India, Good Governance, Opportunities for youth, Education for All, Women Empowerment, and Inclusive Development among others.

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Who presents the Budget 2021 in Parliament?

Finance Minister Nirmala Sitharaman
Finance Minister Nirmala Sitharaman will present the Budget in the Lok Sabha at 11 AM.

How many pillars of the Union Budget 2021 2022 are announced by the finance minister?

six pillars
Presenting the Union Budget for 2021-22, Finance Minister Nirmala Sitharaman said that the Budget proposals for this financial year rest on six pillars — health and well-being, physical and financial capital and infrastructure, inclusive development for aspirational India, reinvigorating human capital, innovation and …

What is the overall view of the Union Budget 2021 –22?

The overall view of the Union Budget 2021 – 22 are given below. Launch of a new portal that will collect relevant information on gig, building and construction workers among others. This is expected to help in the formulation of schemes for the migrant workers Healthcare expenditure has been more than doubled for the next fiscal.

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What are the new custom duties in 2021?

Finance Minister has revised the custom duties for various commodities such as Copper scrap- 2.5\%, Excise duty on petrol and diesel, Solar inverters- 20\%, Solar lanterns- 15\% These custom duties shall be applicable from February 2nd, 2021. The budget has also announced an NCCD on tariff items amounting to around 25\%.

What is the total capital expenditure in be 2021-22?

Sharp Increase in Capital Budget Rs. 5.54 lakh crore capital expenditure in BE 2021-22 – sharp increase of 34.5\% over Rs. 4.12 lakh crore allocated in BE 2020-21 : Over Rs. 2 lakh crore to States and Autonomous Bodies for their Capital Expenditure.

What is the National Highways allowance in Union Budget 2017-18?

Union Budget also announced the allowance for National Highways for the following states: a) Kerala: RS.65,000 crores, b) Tamil Nadu: Rs.1.03 lakh crores, and c) West Bengal: Rs.25,000 crores