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Budget only caters to 1% population: Rahul Gandhi

New Delhi, Feb 03 (ANI): Speaking on Union Budget 2021-22, Congress leader Rahul Gandhi on February 03 said recent Union Budget, announced by Finance Minister Nirmala Sitharaman, support only 1% population of India. Adding on it, he said, "If we want to restart our economy, it will only be through consumption. It is not possible from the supply side." While addressing a press conference in national capital, Rahul said, "I had expected from the Budget that Govt will provide support to 99% of India's population. But this Budget is that of the 1% population. You snatched away money from people in small and medium industry, workers, farmers, Forces and put it in the pockets of 5-10 people." "You talk of privatisation which will benefit them. India needs to put money in the hands of its people. Because if we want to restart our economy, it will only be through consumption. It is not possible from the supply side," he added.

Aero India 2021: Showcasing the country's super-efficient fighter aircraft

At a time when all the major air shows across the world have been postponed due to the Covid-19 pandemic, India is hosting the first global air show in the post-Covid era- Aero India 2021. For the first time, Aero India will have indigenously developed virtual exhibition platform on a hybrid model, and will be accessible 24X7 to visitors. The air show, largest in Asia, is organised by the Indian Ministry of Defence and is fully supported by the government. Here are some of the key highlights of the first day.

Rakesh Tikait attends 'Mahapanchayat' in Haryana's Jind

Jind (Haryana), Feb 03 (ANI): Bhartiya Kisan Union (Arajnaitik) leader Rakesh Tikait visited Haryana's Jind to attend 'Mahapanchayat' on February 03. The Kisan 'Mahapanchayat' has been called by Kandela Khap president Tek Ram Kandela. Tikait will later address the gathering. Protesting farmers are adamant on their demands of repelling Centre's three farm laws. Rakesh Tikait warned that the protest will not end before October 2021.

Watch: Stage holding Rakesh Tikait collapses during Mahapanchayat in Jind

Jind (Haryana), Feb 03 (ANI): The stage on which Bharatiya Kisan Union (Arajnaitik) leader Rakesh Tikait and other farmer leaders were standing collapsed in Haryana's Jind on February 03. A Kisan 'Mahapanchayat' was underway when the incident took place. The Kisan 'Mahapanchayat' was called by Kandela Khap president Tek Ram Kandela, and was attended by Tikait.

Farmers' stir is an experiment': MP Home Minister

Bhopal (MP), Feb 03 (ANI): Amid the ongoing farmers' protest against the farm laws, Madhya Pradesh's Home Minister Narottam Mishra said that the 'farmers' agitation is an experiment'. "Farmers' stir is an experiment. If it's successful, then people will start protests against CAA-NRC, Article 370 and Ram Temple. Nobody has been able to explain 'what's so black about the black laws' (farm laws). These protests are based on assumptions," said MP Home Minister Mishra.

Assam govt pointed out anomalies in implementation process of 1st NRC: Himanta Biswa

Guwahati (Assam), Feb 03 (ANI): Assam government pointed out many anomalies in implementation process of 1st National Register of Citizens, said Transformation and Development Minister Himanta Biswa Sarma. "Citizenship Amendment Act has been passed, rule is yet to be framed. So, it is entirely up to Government of India to frame the rule and modify it. So far as NRC in Assam is concerned, we have already pointed out many anomalies in the implementation process of the first NRC. Our NRC coordinator has already filed an affidavit detailing anomalies and requirement of a re-verification process. Assam NRC issue is basically between judiciary and Assam govt and nothing is to be decided by Govt of India, per se. Our matter is in the court and Assam issue will be independent of what has been stated in the Parliament. Assam issue will be decided by Court, Govt of India and Govt of Assam," said Assam Minister Sarma.

'Deep Sidhu will be traced soon': Special CP (Crime)

New Delhi, Feb 03 (ANI): Speaking to ANI in the national capital on February 03, Special CP (Crime and EOW), of Delhi Police, Praveer Ranjan said, "Crime branch is examining who all were involved in actual violations, including leaders, who had given undertaking for tractor parade on fixed route, didn't abide by it. We are probing role of main leaders in route violations." "There is no coordination issue with Punjab Police, though we haven't been able to arrest Deep Sidhu. Hopefully, he will be traced soon. Be it politicians or their followers, probe will proceed ahead on basis of evidence and action will be taken against them," Special CP (Crime) added.

3 AAP MPs suspended for a day over creating ruckus in Rajya Sabha

New Delhi, Feb 03 (ANI): While speaking to ANI in the national capital on February 03, Rajya Sabha MP of Aam Aadmi Party (AAP), Sanjay Singh said, "We expressed our dissent in the house and we want to repeal the three farm laws because talks won't help. Three of us have been suspended for a day."

Spl. Police Commissioner Sanjay Singh praises injured Police personnel

New Delhi, February 3 (ANI): In a programme organized at in outer district of Delhi, Police Commissioner SN Shrivastava met policemen, who sustained injuries during the tractor rally violence on Republic Day. Special commissioner of Police, Western Range, Sanjay Singh was also present at the programme. As many as 144 police personnel of Western range got injured during the clash. Addressing the Police personnel, Special Commissioner Sanjay Singh said, "the tough conditions in which they are performing their duty amidst the farmers protest is commendable."

Aero India 2021 has truly gone digital, global: Rajnath Singh

Bengaluru, Feb 03 (ANI): While addressing at the Aero India Show in Bengaluru on February 03, Union Defence Minister Rajnath Singh said, "Despite the constraints caused by the global COVID-19 pandemic, I am pleased to see such a large number of participants in this year's event. It is coming from the world's leading nations in the field of military and aviation." "The Aero India 21 will display the vast potential of India, and the multifarious opportunities that our country offers in the field of defence and aerospace sector. It also promises to be the World's First Ever Hybrid Aero and Defence exhibition," he added. "In order to maximize the reach and participation, event is being conducted in a hybrid format with a concurrent Virtual Exhibition which will integrate Seminars, B2B interactions etc. It'll be not incorrect to say, that Aero India 21 has truly gone digital and global," Defence Minister further stated.

Will spend 130 Billion Dollar on military modernization in next 7-8 years: Rajnath Singh

Bengaluru, Feb 03 (ANI): While addressing at the Aero India Show in Bengaluru on February 03, Union Defence Minister Rajnath Singh said, "I have been informed that about 540 exhibitors including 80 foreign companies, Defence Ministers, Delegates, Service chiefs and officials from more than 55 nations are participating in this event. It reflects growing optimism of the global community." "I express my deep sense of gratitude to the Defence Ministers from Maldives, Ukraine, Equatorial Guinea, Iran, Comoros and Madagascar who have joined this show in person, and many others who are joining virtually," he added. "We have taken steps to strengthen our security apparatus. Domestic manufacturing of bigger and complex defence platforms has now become focus of our policy under 'AatmaNirbhar Bharat Abhiyan'. We plan to spend 130 Billion Dollar on military modernization in next 7-8 years," Defence Minister further stated.

Indian govt enhanced FDI in defence sector upto 74% through Automatic Route: Rajnath Singh

Bengaluru, Feb 03 (ANI): While addressing at the Aero India Show in Bengaluru on February 03, Union Defence Minister Rajnath Singh said, "The government of India has enhanced FDI in Defence Sector upto 74% through the Automatic Route and 100% through the government route, which would act as a catalyst for foreign players to invest in India." "I am very happy that HAL has got the orders for development of 83 new indigenous Light Combat Aircraft (LCA) - Tejas MK1A from Indian Air Force (IAF) valued at more than Rs 48,000 crores, it is probably the biggest 'Make in India' Defence contract till date," he added.

'Prepared to defend our people and territorial integrity at all costs': Rajnath Singh

Bengaluru, Feb 03 (ANI): While addressing at the Aero India Show in Bengaluru on February 03, Union Defence Minister Rajnath Singh said, "India also faces threats and challenges emanating from multiple fronts. India is a victim of state sponsored and state inflicted terrorism, which is now a global threat." "We have long witnessed unfortunate attempts to employ force to change status quo along our unresolved borders. India is vigilant and prepared to counter and defeat any misadventure to defend our people and the territorial integrity at all costs,"he added.

MK Stalin pays floral tribute to Annadurai on his 52nd death anniversary

Chennai (Tamil Nadu), Feb 03 (ANI): Dravida Munnetra Kazhagam (DMK) chief MK Stalin paid floral tribute to party founder and former chief minister CN Annadurai. Stalin paid tribute on his 52nd death anniversary at Anna Memorial after leading a silent march from Chepauk Wallajah Road to Anna Square at Marina Beach in Chennai.

Rajnath Singh hands over contract of 83 LCA Tejas fighters to HAL

Bengaluru, Feb 03 (ANI): Union Defence Minister Rajnath Singh has handed over the contract of 83 Light Combat Aircraft (LCA) Tejas fighters to Hindustan Aeronautics Limited (HAL). The Ministry of Defence handed over Tejas fighters to HAL at Aero India show in Bengaluru. Three Mi-17 helicopters took part in the flypast at the inauguration of the Aero India Show-2021 today. The event will be held till February 05.

Budget 2021: Top economic and political voices react to FM's announcements

The Union Budget presented by Finance Minister Nirmala Sitharaman evoked a mixed reactions among the political fraternity with the ruling BJP praising it as a vision for 'Aatmanirbhar Bharat' and the Opposition calling it 'let down like never before' Budget. Several politicians, both from the government and the opposition shared their opinion on Union Budget, presented by Finance Minister Nirmala Sitharaman. While BJP leaders including Union Health Minister Harsh Vardhan and UP Chief Minister Yogi Adityanath hailed the financial document, opposition leaders such as RJD’s Tejashwi Yadav criticised the government for announcing more privatisation measures. Here are the reactions of the top economic and political voices...

Clean and transparent, sure, but was it a 'never before Budget'?

Coming in the wake of the coronavirus pandemic and at a time when India's economy is witnessing an unprecedented contraction, Finance Minister Nirmala Sitharaman's Budget 2021-22 was keenly watched for policy actions to expedite growth. Most watchers feel she presented a fairly transparent Budget, but was it truly a 'like never before' Budget, as she had previously claimed it would be? Also, Chief Economic Advisor Krishnamurthy Subramanian had said we would see both (Rishabh) Pant and (Cheteshwar) Pujara inb Sitharaman's historical Budget. What did it actually turn out to be -- a Pant Budget or Pujara Budget? Business Standard's in-house policy expert and Editorial Director A K Bhattacharya and Digital Editor Shailesh Dobhal dissect Budget 2021-22 in this insightful discussion.

What Budget 2021 means for your earnings, savings & investments

Business Standard's Sanjay Kumar Singh explains the changes announced by Finance Minister Nirmala Sitharaman in the Union Budget and how this is going to affect your money life. The expectations from this Budget were very high as people suffered heavily due to the pandemic. A change in tax slabs was expected to give some relief to citizens. But that has not happened. Watch the video to understand the impact of Budget 2021.

From 6 pillars of Budget 2021 to tax proposals: Decoding the fineprint

In her Budget speech that lasted for around 1 hour and 45 minutes, Finance Minister Nirmala Sitharaman doled out enormous amounts for railways, roadways, health care, education as well as the agriculture sector. Besides, the finance minister laid out a new import structure along with proposals for a conducive environment to usher in investments into FinTech, insurance and Start-ups. Further, the minister set aside Rs 20,000 crore for public sector bank re-capitalisation and gave a push to digital payments and research in Artificial Intelligence. Business Standard's Shrimi Choudhary analyses the key announcements made by the finance minister in this video.

Budget 2021 for sectors: Key takeaways from FM Sitharaman's speech

Finance Minister Nirmala Sitharaman on Monday proposed to unleash a massive fiscal expansion in 2021-22 on the back of fire sales and cesses, to revive India's pandemic-battered economy. Accordingly, she proposed to increase the capital expenditure by 34 per cent in Budget 2021-22 in comparison to the previous fiscal BE (Budget Estimate). In her Budget speech that lasted for around 1 hour and 45 minutes, she doled out enormous amounts for railways, roadways, health care, education as well as the agriculture sector. Watch the video for all key announcements.