Union Budget 2021 Live Streaming from Parliament, Live Budget News, Union Budget 2021-22 Live Updates: FM Nirmala Sitharaman is presenting her first paperless union budget and has announced a slew of measures on healthcare and infrastructure to give an impetus to the Covid-hit economy.

 

Union Budget 2021

FM Nirmala Sitharaman Live from Parliament, Union Budget 2021 Live Announcements:

In her Union Budget 2021-22 speech, In the Union Budget 2021-22, FM Nirmala Sitharaman has announced FDI limit in insurance increase to be increased to 74% from now existing 49%. Govt has allowed foreign ownership in insurance with safeguards. The govt will also launch a Securities Market Code which will include SEBI Act, Govt Sec act, Depositories Act. SEBI will be notified as regulator for a gold exchange. FM said that the govt is proposing to strategically divest 2 PSU banks and 1 general insurance company. In 2021-22, the would also bring the IPO of LIC for which it will be bringing the requisite amendments in this session itself, she said. The govt will now also incentivize one-person companies. she added that the NCLT system will be strengthened, e-Courts will be adopted and alternate mechanism of debt resolution will be set up. She also announced decriminalisation of LLP Act.

 

Speaking on the farmers issue, FM Nirmala Sitharaman said that the Modi Govt is committed to the welfare of farmers. The MSP regime has undergone a change to assure price that is at least 1.5 times the cost of production across all commodities, she said. Rs 75,060 crore is paid to farmers for wheat procurement in 2020-21, she added.

FM Nirmala Sitharaman has also announced measures under Aatmanirbhar Package. She said the early PM garib Kalyan Yojana amounted to almost presenting 5 “mini budgets” in 2020. She proposed strengthening of ‘Sankalp of Aatmanirbhar Bharat’. Focus on 6 pillars, which include – Health & Well-being, Inclusive Development, Human Capital, Innovation and R&D. FM added that the govt is fully prepared to support and facilitate economic growth and they are introducing Aatmanirbhar Swastha Bharat Yojana with an outlay of Rs 64,180 crore. FM said that, today India has two vaccines available and has begun safeguarding not only her own citizens against COVID-19 but also those of 100 or more countries. It has added comfort to know that two more vaccines are also expected soon.

FM announced that Jal Jeevan Mission Urban will be launched with and outlay of ₹ 2.87 lakh crore over 5 years which is aimed at universal water supply in all 4,378 urban local bodies, with 2.86 crore household tap connections and liquid waste management in 500 AMRUT cities. She also announced Urban Swachh Bharat Mission 2.0 with outlay of ₹ 1,41,678 crore over 5 years from 2021 focused on complete fecal sludge management, waste water treatment, source segregation, management of waste from urban construction, bioremediation of legacy dump sites. Announcing major infrastructure boost, FM announced highway works in various states including 3,500 km corridor in Tamil Nadu, 1,100 km in Kerala at investment of Rs 65,000 crore, 675 km in West Bengal at a cost of Rs 95,000 crore and 1,300 km in Assam in the next 3 years. In May 2020, Govt announced the Atmanirbhar Bharat package, to sustain the recovery further we also rolled out two more Atmanirbhar packages. Total financial impact of all packages including measures taken by RBI was estimated to be about Rs 27.1 lakh crores, Sitharaman added.

For Railways Budget, the FM announced that Indian Railways will have a National Rail Plan for upto 2030. For aviation sector, FM said that the next lot of airports will be privatized in tier 2 and 3 towns and cities. FM said that in FY22 outlay (budget estimate) for health & well-being is up 138%, and is at Rs 2,23,846 crore. Govt has also allocated Rs 35,400 crore towards COVID vaccines for FY22 and is committed to more if required. She said Modi govt is committed to achieving targets laid out under the national infrastructure pipeline. Ujjwala scheme will be expanded to over 1 crore more beneficiaries. We will add 100 more districts in the next three years to the city gas distribution network. A gas pipeline project will be taken up in Jammu and Kashmir, FM said.

The Economic Survey 2020, presented by FM Nirmala Sitharaman on Friday pegged the GDP growth at 11 per cent in FY22. Stay tuned for Budget 2021 LIVE updates with Financial Express Online:

Read Union Budget 2021 Live Updates in Hindi

 
 
 
13:16 (IST)01 FEB 2021 Union Budget 2021 Live Streaming, Updates: Budget 2021 proposes further fillip to the NRIs, says apati Ghose, Partner, Deloitte India on NRI taxation
13:13 (IST)01 FEB 2021 Union Budget 2021 Live Streaming, Updates: Infra-Budget 2021, says Managing Editor, Financial Express, Sunil Jain
 
13:10 (IST)01 FEB 2021 Union Budget 2021 Live Streaming, Updates: Nirmala Sitharaman to address press conference at 3 pm
13:04 (IST)01 FEB 2021 Union Budget 2021 Live Streaming, Updates: Budget 2021 focused on restarting economy
13:03 (IST)01 FEB 2021
Union Budget 2021 Live Streaming, Updates: Mobile phones to get costlier

Exemptions on parts of mobile phone chargers and some part of mobiles to be removed as part of Phased Manufacturing Program (PMP) to augment PLI Schemes, said Nischal S Arora, Partner, Nangia & Co.

12:59 (IST)01 FEB 2021 Union Budget 2021 Live Streaming, Updates: Centre would be approaching market Rs 80,000 crore, says FM Nirmala Sitharaman
12:51 (IST)01 FEB 2021 Union Budget 2021 Live Streaming, Updates: Budget 2021 provides big push for rural infrastructure development
12:47 (IST)01 FEB 2021 Union Budget 2021 Live Streaming, Updates: Jal Jeevan Mission gets outlay of Rs 2.87 lakh crore
12:44 (IST)01 FEB 2021
Union Budget 2021 Live Streaming, Updates: India to have first-ever digital census

“The forthcoming census would be the first digital census in the history of India. For this monumental task, I have allocated Rs 3,768 crores in this year 2021-22,” says Finance Minister Nirmala Sitharaman.

 
 
 
 
12:41 (IST)01 FEB 2021 Union Budget 2021 Live Streaming, Updates: Budget 2021 proposals will make quality healthcare accessible
12:38 (IST)01 FEB 2021 Union Budget 2021 Live Streaming, Updates: Budget 2021 pushes growth agenda, says Rajosik Banerjee, Partner and Head, Financial Risk Management, KPMG in India
12:35 (IST)01 FEB 2021 Union Budget 2021 Live Streaming, Updates: Centre to set up faceless dispute resolution mechanism for small taxpayers
12:32 (IST)01 FEB 2021
 

 

 
Union Budget 2021 Live Streaming, Updates: Tax relief for pensioners

Pensioners aged more than 75 do not need to file Income Tax Returns, says Union Finance Minister Nirmala Sitharaman.

12:30 (IST)01 FEB 2021 Union Budget 2021 Live Streaming, Updates: Healthcare Budget reactions
12:29 (IST)01 FEB 2021 Union Budget 2021 Live Updates: Budget 2021 unveils scheme for setting up mega textile parks in India
12:27 (IST)01 FEB 2021 Union Budget 2021 Live Updates: ‘Investing in the health sector and human capital is of utmost importance’
12:25 (IST)01 FEB 2021 Union Budget 2021 Live Streaming, Updates: Fiscal deficit estimated at 6.8 per cent, says FM Nirmala Sitharaman
12:22 (IST)01 FEB 2021 Union Budget 2021 Live Streaming, Updates: Budget 2021 doubles allocations for MSME sector
12:15 (IST)01 FEB 2021 Union Budget 2021 Live Streaming, Updates: FM introduces Swachh Bharat 2.0; focus to bring ‘swachhta’ to urban India
12:14 (IST)01 FEB 2021

Union Budget 2021 Live Streaming, Updates: 2 PSBs, general insurance company to divested

12:12 (IST)01 FEB 2021 Union Budget 2021 Live Streaming, Updates: Central University in Leh, says FM Nirmala Sitharaman
12:06 (IST)01 FEB 2021
Union Budget 2021 Live Streaming, Updates: IPO for LIC this financial year, says Nirmala Sitharaman

In the Financial Year of 2021-22, we would also bring the IPO of LIC for which I am bringing the requisite the amendments in this session, says Union Finance Minister Nirmala Sitharaman.  

 
 
 
 
12:03 (IST)01 FEB 2021
Union Budget 2021 Live Updates: Public Sector Banks get Rs 20,000 crore

Union Finance Minister Nirmala Sitharaman has announced a further infusion of Rs 20,000 crore for public sector banks.

11:54 (IST)01 FEB 2021
Union Budget 2021 Live Updates: Rail Budget 2021 explained

A record Rs 1,10,055 crore has been provided for Indian Railways. Out of the total, Rs 1,07,100 crore will be provided for capital expenditure in 2021-22, says FM Nirmala Sitharaman. 

11:50 (IST)01 FEB 2021 Union Budget 2021 Live Updates: Pneumococcal vaccine across India
11:47 (IST)01 FEB 2021 Union Budget 2021 Live Updates: Budget 2021 talks about vehicle scrapping policy
11:43 (IST)01 FEB 2021
Union Budget 2021 Live Updates: Budget 2021 fights air pollution

Rs 2,217 crore for 42 urban centres with a million-plus population, to tackle burgeoning problem of air pollution, says FM Nirmala Sitharaman.

 
 
 
11:39 (IST)01 FEB 2021
Union Budget 2021 Live Updates: Sharp increase in capital expenditure

Finance Minister Nirmala Sitharaman has proposed a sharp increase in capital expenditure for next fiscal at Rs 5.54 lakh crore, up from Rs 4.39 lakh crore of last year.

11:37 (IST)01 FEB 2021

Union Budget 2021 Live Updates: Centre announces new Nutrition Programm

11:31 (IST)01 FEB 2021 Union Budget 2021 Live Updates: PM Aatmanirbhar Swasth Bharat Yojana announced in Budget 2021
11:25 (IST)01 FEB 2021 Union Budget 2021 Live Updates: Budget 2021 proposals rest on 6 pillars, says FM Nirmala Sitharaman
11:21 (IST)01 FEB 2021
Union Budget 2021 Live Updates: Over 2.33 lakh crore for Health, says FM Nirmala Sitharaman

Union Budget 2021 outlay for the health sector is over 2.23 lakh crore, says Union Finance Minister Nirmala Sitharaman.

11:19 (IST)01 FEB 2021 Union Budget 2021 Live Updates: Urban Swachh Bharat Mission 2.0 to be implemented, says FM Sitharaman
11:16 (IST)01 FEB 2021 Union Budget 2021 Live Updates: FM Nirmala Sitharaman quotes Rabindranath Tagore in Budget 2021 speech
11:12 (IST)01 FEB 2021 Union Budget 2021 Live Updates: MSMEs, Healthcare, Defence top Rahul Gandhi’s wishlist
11:10 (IST)01 FEB 2021
Union Budget 2021 Live Updates: Stock market soars as Budget 2021 speech begins

Sensex surges 600 pts, Nifty nears 13,800 as Union Budget 2021 speech begins.

 
 
 
 
11:05 (IST)01 FEB 2021
Union Budget 2021 Live Updates: Key figures to watch out

Finance Minister Nirmala Sitharaman is presenting her third Budget in a short while from now. Here are the key numbers to watch out for in the Budget 2021, which is widely expected to be a “economic vaccine” for the pandemic-battered economy.

11:01 (IST)01 FEB 2021
Union Budget 2021 Live Updates: FM Nirmala Sitharaman tables ‘most important Budget in decades’

Union Finance Minister Nirmala Sitharaman has started her Budget 2021 speech in Parliament.

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