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Budget 2021 creates investment opportunities, from infra to healthcare

The Union Budget 2021 increased India's healthcare spending by 137 per cent and lifted caps on foreigners investing in the insurance sector. Devangshu Datta explains investments after the Budget 2021.

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The Budget expands healthcare spending apart and allots Rs 35,000 cr for Covid-19 vaccination.

4 min read Last Updated : Feb 03 2021 | 7:31 AM IST

Budget 2021-22, with its thrust on infrastructure development, makes a commendable attempt to revive the economy. This comes alongside an asset monetisation programme that should ease fund flows. There are no new taxes but new initiatives, such as the establishment of textile mega-parks and the vehicle scrapping policy, for long-term benefits.

An increase in the foreign direct investment (FDI) limit in insurance could result in fresh investments. Increased expenditure should lift the healthcare sector. The disinvestment programme and estimated revenues from auctions for telecom spectrum look more realistic than the estimates in the 2020-21 Budget.

On the negative side, there

Topics : Coronavirus Budget 2021 Investment infrastructure healthcare Indian Economy economic growth Non-performing assets Neelachal Ispat Foreign Portfolio Investors

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