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The Union Budget has also not made any attempt to address the concerns of Telangana State about linking agriculture with the National Rural Employment Guarantee Scheme (NREGS).
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By announcing massive infra push in poll-bound States, Sitharaman has sent a clear political message
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The proposed relaxations to rules governing One Person Companies (OPCs) are expected to benefit startups and innovators, said Finance Minister Nirmala Sitharaman
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Just as expected, the internet unleashed its fury at the way the middle class seemed to have been ignored in the budget and made memes taking out references from popular media.
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"Four Indian astronauts are being trained in Russia. The first unmanned launch, the precursor to a manned mission, is scheduled for December 2021," Sitharaman said while presenting the Union Budget on Monday.
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Finance Minister Nirmala Sitharaman said there has been a manifold increase in digital payments in the recent past.
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Sitharaman, who was giving her 2021-22 Budget Speech, started off by giving a special shout out to what the Indian team under the leadership of Ajinkya Rahane managed to achieve Down Under.
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She also announced an outlay for capital expenditure amounting to Rs 1,07,100 crores. Presenting the Union Budget 2021-22, Sitharaman said that the plan of the government is to create a future-ready Railways system by 2030.
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Presenting the Union Budget for 2021-22, she also said the operation green scheme will cover 22 more perishable commodities while announcing the development of five major fishing hubs.
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"To further augment road infrastructure, 8,500 km of road and highway projects will be awarded by March 2022," Sitharaman said in her Budget Speech.
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Sitharaman said that the main interventions under the scheme will support over 17,000 rural and 11,000 urban wellness centres.
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Presenting the Union Budget for 2021-22, Finance Minister Nirmala Sitharaman said fuel supplies were kept running without interruption during COVID-19 lockdown.
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In the Union Budget for 2021-22, Finance Minister Nirmala Sitharaman proposed setting up of investor charter across financial products.
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She said this will promote fuel-efficient and environment friendly vehicles while cutting on India's huge import bills.
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Presenting the Union Budget for 2021-22, she said Railways will monetise dedicated freight corridors.
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In the first paperless Union Budget, Finance Minister Nirmala Sitharaman said there will be 100 per cent electrification of broad gauge rail tracks by December 2023.
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"National monetisation pipeline for potential brownfield infrastructure assets will be launched," Sitharaman said.
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As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation.
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Finance Minister had launched the "Union Budget Mobile App" for hassle-free access of Budget documents by Members of Parliament (MPs) and the general public.
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This year, the Union Budget will be delivered in paperless form for the first time.