Defence Sector 2021

Union Budget 2021: Nirmala Sitharaman aims to raise resources without raising taxes; a bold step

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.

Union Budget 2021: Developments around LAC, LOC warrant hike in allocation in defence outlay

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

Union Budget 2021: Centre likely to unveil blueprint for new privatisation policy

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

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