Union Budget 2021: Finance minister makes no mention of allocation to separate domestic defence sector
The current geopolitical situation in which the Indian forces remain in a tense face-off with China along the northern border has necessitated the emergency purchases
Union Budget 2021: Centre allocates Rs 4.78 lakh crores for defence ministry, hikes capital outlay by 19%
The total outlay of Rs 4.78 lakh crore included an allocation of Rs 1.15 lakh crore for payment of pensions
From a consumer and healthcare perspective, Union Budget 2021 has a lot of positives. On the healthcare side, COVID-19 pandemic had brought to light India's underspend in healthcare. Budget 2021 has done well by allocating over Rs 2 trillion holistically towards the health sector, a handsome increase of 137 percent.
Full text: FM Nirmala Sitharaman unveils Union Budget 2021; doubles healthcare spending, lifts caps on FDI
Finance Minister Nirmala Sitharaman on Monday delivered her third Budget speech in the Parliament. Here's the full text of her speech in Lok Sabha
Union Budget 2021: To pave way for self-reliant defence sector, increased capital outlay is need of hour
While an updated defence acquisition policy pedestal has been set-up in 2020 by the defence ministry, a meaningful fund allocation coupled with tax incentives for achieving the ultimate objective of self-reliance would be the key expectation
The Budget for the fiscal beginning 1 April is likely to identify the strategic sectors PSUs where the government would like to retain its presence, sources told PTI
Due to the major developments in the situation around LAC and LOC in the past year, the defence budget for 2021 is expected to go up.
Union Budget 2021: From going paperless to no briefcase, 5 differences in the way it will be presented this year
The Union Budget will be presented against the backdrop of the economy in recession due to COVID-19