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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.
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.