Page 14 - Budget 2021
Budget 2021: FM Sitharaman allocates Rs 50K crore for Jal Jeevan Mission
A whopping Rs 50,000 crore has been earmarked for the Jal Jeevan Mission in Budget 2021-22, even as Finance Minister Nirmala Sitharaman Monday announced the scheme's urban segment that aims to provide tap water connections to 2.86 crore households. In the budget, the Drinking Water and Sanitation Department under the Jal Shakti Ministry has been allocated Rs 60,030 crore while Rs 9,022.57 crore has been earmarked for the Department of Water Resources, the River Development and Ganga Rejuvenation. The DWS has seen a hike of more than three times in its budget allocation. In 2019-20, the DWS was allocated Rs 18,264.26 crore. It came down marginally to Rs 17,023.50 in 2020-21. In the coming fiscal year, the DWS has been earmarked Rs 60,030 crore. Launched in 2019, the Jal Jeevan Mission, a flagship programme of the Modi government, aims to provide tap water connections to rural households by 2024. So far, tap water connections have been given to 3.3 crore rural households. In this ...
 "Budget 2021: FM Sitharaman allocates Rs 50K crore for Jal Jeevan Mission")
'Bold' budget to bring focus back to traditional sectors: Analysts
Brick-and-mortar segments such as construction, cement, metals get an infra-nudge; positive rub off for banks too
 "'Bold' budget to bring focus back to traditional sectors: Analysts")
Reform within status quo
The finance minister has worked hard to present a Budget that has boosted sentiment
 "Reform within status quo")
Non-protectionist but non-performing Budget
Budget is good but not good enough to live up to the FM's promise of getting rid of "socialist baggage"
A driver of economic revival
The finance minister must be appreciated for resisting the temptation to increase taxes
Budget 2021: We have spent, we have spent and we have spent, says FM
She also said increased spending and high market borrowings led to a significant widening of the fiscal deficit
 "Budget 2021: We have spent, we have spent and we have spent, says FM")
Investors have little to complain
The government shows its intent to continue with reforms
Budget 2021: Customs duty hike to make electronics items more expensive
In the Budget for 2021-22, finance minister Nirmala Sitharaman introduced higher import duty rates on over a dozen handset and automobile components.
 "Budget 2021: Customs duty hike to make electronics items more expensive")
Budget 2021: It's business as usual
There are several welcome standalone reforms but these do not add up to a coherent strategy to achieve a $5 trillion economy
A more convincing Union Budget: Chief economist Devendra Kumar Pant
The Budget has tried to support the incipient economic recovery by giving a push to capex
Budget 2021: Agri infra cess of Rs 2.5 on petrol and Rs 4 on diesel
According to the Budget documents, Agriculture Infrastructure and Development Cess of Rs 2.5 per litre has been imposed on petrol and Rs 4 per litre on diesel
 "Budget 2021: Agri infra cess of Rs 2.5 on petrol and Rs 4 on diesel")
Budget 2021: FM Sitharaman replaces Swadeshi 'bahi khata' with tablet
Sitharaman walked into the House several minutes before 11 am and placed the tablet on the podium
Budget 2021: Easier compliance, tax administration to boost revenue
The Budget proposed abolishing the under-performing, authority of advance ruling, to replace it with a two-member board of advance ruling
 "Budget 2021: Easier compliance, tax administration to boost revenue")
From Yogi Adityanath to Mamata Banerjee, here're CMs' views on Budget
The Budget will give a massive push to the economy and empower the people, says CM Adityanath
 "From Yogi Adityanath to Mamata Banerjee, here're CMs' views on Budget")
Atmanirbhar & rural growth: Need to make all the right noises
The expenditure for total rural development schemes declined from Rs 2.16 trillion in FY21 to Rs 1.95 trillion in FY22.
Union Budget 2021: Need to move beyond the chant for real effect
What sort of grand policy produces the opposite result of the one that it sought to achieve? What failed and how would this be corrected?
Budget 2021: Nirmala Sitharaman announces launch of Deep Ocean Mission
On Monday, Union Finance Minister Nirmala Sitharaman announced an allocation of over Rs 4,000 crore over the next five years for the Deep Ocean Mission
 "Budget 2021: Nirmala Sitharaman announces launch of Deep Ocean Mission")
15th FC report: Annual GST losses hit Rs 4 trillion on lower rates
Finance Commission finds inconsistencies in GST, bats for change, simplification and a three-rate structure
 "15th FC report: Annual GST losses hit Rs 4 trillion on lower rates")
Budget: TDP, YSRCP express dissatisfaction, say nothing offered to Andhra
TDP spokesperson K Pattabhiram told ANI that many promises made at the time of bifurcation of the state were pending
 "Budget: TDP, YSRCP express dissatisfaction, say nothing offered to Andhra")
RSS' labour wing gives FM Sitharaman's Budget 2021 the thumbs down
The middle class has widely supported the BJP since 2014, with it winning convincingly in metro cities in both 2014 and 2019
 "RSS' labour wing gives FM Sitharaman's Budget 2021 the thumbs down")