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Union Budget 2021: Poll-bound states focus of budget

Budget 2021 live updates: FM Nirmala Sitharaman Speech Today Live, Union Budget 2021-22 Highlights: Get live updates of union Budget 2021 along with highlights & budget 2021-22 analysis on Apn News

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Finance Minister Nirmala Sitharaman to present the Budget

Finance Minister Nirmala Sitharaman on Monday presented the Union Budget 2021-22 in Parliament on Monday. She announced changes in the taxation process, exempting senior citizens above age 75 from filing income tax returns. She also announced new rules for removal of double taxation for NRIs, and a reduction in the time period of tax assessments among other measures. She announced Aatmnirbhar packages totalling Rs 27.1 lakh crore to fight the Covid pandemic in her budget speech. She allotted Rs. 35,000 crore for Covid-19 vaccine.

While presenting the Budget, Sitharaman said the budget for 2021-22 rests on six pillars – health and well-being, physical and financial capital and infrastructure, inclusive development for aspirational India, reinvigorating human capital, innovation & R&D, Minimum Govt and Maximum Governance. The Finance Minister had assured that the 2021-22 budget will be a Budget like never before.

Sitharaman said government is committed to welfare of farmers. She said MSP has gone through a sea change. Over Rs 75,000 crore have paid to wheat farmers in 2020-21 and 43.36 lakh farmers have benefited from this. The finance minister announced to hike the FDI limit in Insurance from 49% to 74%.

The FM Sitharaman allotted announced 11,000 km of national highway infrastructure this year specifically in three states which are set to contest elections later this year. Over Rs 1 lakh crore have been allocated to Tamil Nadu, Rs 65,000 crore for National Highways in Kerala and Rs 95,000 crore for road projects in West Bengal.

The Finance Ministry’s Economic Survey projected that India’s GDP will record 11 percent growth in 2021-22. The nominal GDP growth has been estimated at 15.4 percent, implying an assumption of 4.4 per cent inflation during the year. This year’s budget is unique as it is paperless. The finance minister used a tablet computer to deliver a paperless Budget address.

Also Read: Budget 2021: Finance Minister Nirmala Sitharaman to use tablet to present first-ever paperless budget

Watch Nirmala Sitharaman’s speech here:

The Aam Aadmi party took a dig at Modi government in its tweet after the Finance Minister presented the Budget in Lok Sabha. This is what the AAP tweeted.

After the presentation of Budget in Lok Sabha, senior Congress leader Shashi Tharoor took a dig at the BJP government. This is what he tweeted.

Surge in Sensex and Nifty following budget

Sensex rose by 1420.03 points, currently at 47,705.80. Nifty up by 362.70 points, currently at 13,997.30

No change in income tax slabs

Income tax slabs will remain the same, announced FM in her budget speech. To further ease filing of IT returns, details of capital gains and interest from banks, post offices, etc will be pre-filled.

Government to borrow Rs 80,000 crore in a bid to meet FY21 expenditure

Centre will borrow Rs 80,000 crore in remaining two months to meet FY21 expenditure.

The fiscal deficit in 2021-22 estimated to be 6.8% of the GDP

Finance Minister Nirmala Sitharaman announces fiscal deficit for 2021-22 at 6.8% of GDP.

Nirmala Sitharaman says no IT returns for those above 75

Those above 75 years of age will not have to file I-T returns.

The government has launched one nation, one ration card scheme through which beneficiaries can claim their rations anywhere in the country. The scheme is under implementation by 32 states & Union Territories.

Government committed to welfare of farmers, says FM

Amid the ongoing farmers’s protest against the centre’s three farm laws, Sitharaman says government is committed to welfare of farmers. She said MSP has gone through a sea change. Over Rs 75,000 crore have paid to wheat farmers in 2020-21 and 43.36 lakh farmers have benefited from this.

Also Read: Budget 2021: Finance Minister Nirmala Sitharaman to use tablet to present first-ever paperless budget

The government announces LIC IPO in 2021-2022

In 2021-22 the government will also bring the IPO of LIC for which the FM is bringing the requisite amendments in this session itself. The FM announced government’s plan to sell part of its holding in Life Insurance Corporation of India this year through initial public offering.

FM infuses Rs 20,000 crore for public sector banks

FM announces further infusion of Rs 20,000 crore for public sector banks

The FM Sitharaman increases FDI limit in insurance to 74 percent

The finance minister announced to hike the FDI limit in Insurance from 49% to 74%. She however said that majority directors on board and Key management personnels will be Indians.

The pneumococcal vaccine to be rolled out across the country. This will avert more than 50,000 child deaths annually, says FM.

Rs 18,000 crore for public buses, says FM Sitharaman

The government announces a budget of Rs 18,000 crore for public buses.

FM announces Rs 1.10 lakh crore outlay for railways

The centre to provide Rs 1.10 lakh crore outlay for railways, of which Rs 1.7 lakh crore is for capital expenditure.

The Finance minister allocates Rs 64,180 crore for healthcare sector

The government has announced a new central healthcare scheme to strengthen the country’s healthcare infrastructure over the next 6 years. The Pradhan Mantri Atma Nirbhar Swasthya Bharat Yojana has been allocated around Rs 64,180 crore. 

Government aims to complete 11,000 km of national highway infrastructure this year: FM Sitharaman

3,500 km corridor in Tamil Nadu, 1,100 km in Kerala at investment of Rs 65,000 cr, 675 km in West Bengal at a cost of Rs 95,000 cr, 1,300 km in Assam in the next 3 years

Sitharaman introduces Voluntary scrapping policy for vehicles

All private vehicles beyond 20 years and commercial vehicles older than 15 years old will have to undergo fitness test.

Sitharaman announces 35 thousand crores for Covid-19 vaccine.

FM Sitharaman announces Rs 95,000 crore for roads development in Bengal.

Government to launch Mission Poshan 2.0; Jal Jeevan Mission Urban will be launched. “The Urban Swachh Bharat scheme will be implemented with an outlay of over Rs 1.4 lakh crore,” she said.

Sitharaman said today India has 2 #COVID19 vaccines available and has begun safeguarding not only its own citizens but also those of 100 or more countries.

The preparation of this Budget was undertaken in circumstances like never before, in view of calamities that have affected a country or a region within a country. But what we have endured with COVID-19 to 2020 is Sui generis, says finance minister Nirmala Sitharaman.

Congress leaders reach Parliament in black gowns.

Congress MPs Jasbir Singh Gill and Gurjeet Singh Aujla wear a black gown to the Parliament to protest against the three farm laws, that have sparked a widespread agitation by farmers.

The Cabinet ministers have approved the #UnionBudget 2021-22 that will be presented by Finance Minister Nirmala Sitharaman in the Parliament at 11 am.

Ahead of the Budget 2021 presentation, Congress leader Rahul Gandhi has tweeted that MSMEs, healthcare and defence sectors should be at top focus.

The Finance Minister Nirmala Sitharaman, MoS Finance & Corporate Affairs Anurag Thakur and senior officials of the Ministry of Finance, met President Ram Nath Kovind before presenting the budget 2021-22.

At the start of the joint session of Parliament on Friday, Prime Minister Narendra Modi said Finance Minister Nirmala Sitharaman had already announced 3-4 mini budgets and that the 2021-22 Budget should be seen as an extension of the same effort.

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GRAP stage-III measures enforced across Delhi as air quality worsens

Delhi’s air quality has deteriorated further, prompting authorities to enforce GRAP stage-III measures across the NCR amid rising AQI levels.

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Delhi’s air quality has continued to deteriorate, prompting authorities to enforce Stage-III measures under the Graded Response Action Plan (GRAP) across the National Capital Region with immediate effect.

The Commission for Air Quality Management (CAQM) said the Air Quality Index (AQI) of the national capital showed a worsening trend over the past 24 hours. The AQI stood at 343 on January 15 at 4 pm and rose further to 354 by 4 pm on Thursday, raising concerns that pollution levels could soon enter the ‘Severe’ category.

Weather agencies have forecast unfavourable atmospheric conditions in the coming days, including low wind speeds, a stable atmosphere and poor dispersion of pollutants. Officials said these conditions could push Delhi’s average AQI beyond 400, which falls under the ‘Severe’ air quality bracket.

Stage-III restrictions come into force across NCR

In view of the rising pollution levels and the forecast of further deterioration, the CAQM sub-committee on GRAP decided to invoke all measures under Stage-III. These measures correspond to ‘Severe’ air quality levels and have been implemented as a precautionary step to prevent further decline.

The Stage-III actions will be enforced in addition to the restrictions already in place under Stages I and II of GRAP, which remain operational across the NCR. Officials said the combined measures aim to tighten controls on pollution sources, enhance monitoring and ensure stricter enforcement to curb emissions.

CAQM has directed pollution control boards and concerned agencies in the NCR to intensify preventive and regulatory steps. Authorities have been asked to ensure strict compliance with GRAP norms and take prompt action against violations.

Officials said air quality levels will be closely monitored, and further decisions will be taken based on real-time data and evolving weather conditions. Citizens have been urged to cooperate with advisories and follow measures aimed at reducing pollution levels.

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PM Modi to visit Bengal and Assam, launch Vande Bharat sleeper train and key projects

PM Modi will visit West Bengal and Assam on January 17 and 18 to launch India’s first Vande Bharat sleeper train and inaugurate major infrastructure projects.

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Prime Minister Narendra Modi will visit West Bengal and Assam on January 17 and 18, where he will flag off India’s first Vande Bharat sleeper train and inaugurate, dedicate and lay the foundation stone for a series of infrastructure and development projects across the two poll-bound states.

Vande Bharat sleeper train to be flagged off from Malda

On Saturday, the prime minister will visit Malda in West Bengal around 12.45 pm and flag off the country’s first Vande Bharat sleeper train connecting Howrah with Guwahati (Kamakhya) from the Malda town railway station.

Later in the day, around 1.45 pm, he will address a public programme in Malda where he will dedicate to the nation and lay the foundation stone of multiple rail and road projects worth more than Rs 3,250 crore.

Development projects in Hooghly district

On January 18, around 3 pm, the prime minister will visit Singur in Hooghly district, where he will inaugurate, lay the foundation stone and flag off various development projects worth around Rs 830 crore.

During the visit, Modi will also virtually flag off four new Amrit Bharat Express trains connecting New Jalpaiguri with Nagercoil and Tiruchirappalli, and Alipurduar with Bengaluru and Mumbai (Panvel). These services are aimed at improving affordable long-distance rail connectivity and strengthening inter-state economic and social linkages.

New train services and highway projects in north Bengal

The prime minister will flag off two new train services with LHB coaches — Radhikapur–SMVT Bengaluru Express and Balurghat–SMVT Bengaluru Express — providing direct connectivity from north Bengal to major IT and employment hubs.

He will also lay the foundation stone for the rehabilitation and four-laning of the Dhupguri–Falakata section of National Highway-31D, a project expected to significantly improve road connectivity and the movement of goods and passengers in the region.

Additionally, Modi will lay the foundation stone of four major railway projects in West Bengal, including a new rail line between Balurghat and Hili, next-generation freight maintenance facilities at New Jalpaiguri, upgradation of the Siliguri loco shed and modernisation of Vande Bharat train maintenance facilities in Jalpaiguri district.

He will also dedicate the electrification of the New Coochbehar–Bamanhat and New Coochbehar–Boxirhat rail sections, enabling cleaner and more energy-efficient train operations.

Cultural programme and Kaziranga corridor in Assam

On January 17, around 6 pm, the prime minister will attend the Bodo cultural programme “Bagurumba Dwhou 2026” at Sarusajai Stadium in Guwahati. More than 10,000 artists from across Assam are expected to perform the traditional Bagurumba dance in a single synchronised presentation.

On January 18, around 11 am, Modi will perform the bhoomi pujan for the Kaziranga elevated corridor project, valued at over Rs 6,950 crore, at Kaliabor in Nagaon district. The 86-km project includes a 35-km elevated wildlife corridor passing through Kaziranga National Park, along with bypasses and highway widening works aimed at improving connectivity while protecting biodiversity.

During the Assam programme, the prime minister will also flag off two new Amrit Bharat Express trains — Guwahati (Kamakhya)–Rohtak and Dibrugarh–Lucknow (Gomti Nagar) — strengthening rail connectivity between the northeast and northern India.

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NDA’s track record strikes chord as PM Modi hails Maharashtra civic polls win

Prime Minister Narendra Modi hailed Maharashtra voters after the BJP-led NDA registered a historic victory in the BMC elections, ending decades of Shiv Sena dominance.

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modi on maharashtra election

Prime Minister Narendra Modi on Friday thanked the people of Maharashtra after the BJP-led National Democratic Alliance registered a landmark victory in the Brihanmumbai Municipal Corporation elections, marking the first time the party has emerged on top in the country’s richest civic body.

In a post on X, the prime minister said the people of the state had endorsed the NDA’s agenda of governance and development. He said the results of municipal corporation elections across Maharashtra showed that the alliance’s bond with voters had further strengthened.

According to PM Modi, the NDA’s track record and vision for development had “struck a chord” with the electorate. He described the verdict as a mandate to accelerate progress while celebrating Maharashtra’s cultural legacy.

BJP-Shiv Sena alliance dominates BMC

As counting continued, trends showed the BJP leading in 90 of the 227 wards in Mumbai, while the Eknath Shinde-led Shiv Sena was ahead in 28 wards. The Ajit Pawar-led NCP faction, which contested separately, was leading in only three wards.

On the opposition side, the Shiv Sena (UBT) and Maharashtra Navnirman Sena were ahead in 57 and nine wards respectively. The Congress, which contested in alliance with the Vanchit Bahujan Aghadi, was leading in 15 wards, while others were ahead in eight.

The outcome effectively ends the Shiv Sena (UBT)’s decades-long control over the Brihanmumbai Municipal Corporation, which had been the party’s main power centre since its formation.

In the seat distribution, the BJP contested 137 wards and the Shinde-led Shiv Sena 90. The Ajit Pawar faction of the NCP fielded candidates in 94 wards. On the opposition side, Shiv Sena (UBT) contested 163 seats, the MNS 52, the Congress 143, and the Vanchit Bahujan Aghadi 46.

Urban verdict weakens Pawar influence

The results in Pune and Pimpri-Chinchwad also sent a strong political message, indicating that the Pawar brand no longer guarantees success in key urban centres. Despite tactical coordination between the two NCP factions led by Sharad Pawar and Ajit Pawar, voters did not consolidate behind them.

In the Pune Municipal Corporation, the BJP emerged with a clear upper hand, either winning or leading in a significant number of wards. The NCP factions failed to convert their traditional influence into broader citywide support.

Thackeray retains Marathi Manoos connect but loses power base

Uddhav Thackeray appears to have retained a section of the Marathi Manoos vote in Mumbai, even as the Shinde-led Shiv Sena made inroads. While the Shiv Sena (UBT) managed a respectable showing in its traditional strongholds, the loss of control over the BMC is seen as a major setback.

Control of the civic body had long been central to the party’s political identity and a key factor in its alliances.

Devendra Fadnavis emerges as key strategist

Much of the credit for the BJP’s sweeping civic success is being attributed to Devendra Fadnavis. Under his leadership, the Mahayuti alliance has carried forward its assembly election momentum into municipal politics.

The results are being seen as reinforcing Fadnavis’s political standing, demonstrating that even combined opposition forces could not halt the BJP’s rise. The verdict has also challenged the long-held claim of the Thackeray family over Marathi votes in Mumbai.

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