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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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3 years ago

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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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2024 Lok Sabha Elections

Lok Sabha election 2024: Nearly 50% voter turnout recorded in second phase till 3 pm

The constituencies going to polls today include all 20 Lok Sabha seats in Kerala, 14 in Karnataka, 13 in Rajasthan, and others spread across different states.

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13 hours ago

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April 26, 2024

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In the second phase of Lok Sabha elections 2024, over 50% of voters were registered in 13 states and the UTs till 3 p.m. 65% of voters participated in the first round of the Lok Sabha elections.

The 18th Lok Sabha elections are currently in their second phase, with voting for 88 seats taking place across 13 states and union territories. There are more than 1,200 people running for office, four of them are from outside Manipur.

Union minister Rajeev Chandrasekhar, BJP members Tejasvi Surya, Hema Malini, and Arun Govil, Rahul Gandhi and Congress leader Shashi Tharoor, DK Suresh, the brother of Karnataka Deputy Chief Minister DK Shivakumar, and former chief minister HD Kumaraswamy are among the notable contenders for the second phase.

In 2019, the NDA had won 56 of the 89 seats and the UPA 24. Six of these seats have been redrawn as part of the delimitation exercise.

The first phase of the seven stages of the elections took place on Friday, including 102 seats spread across 21 states and Union territories. Voter turnout was about 65.5% in the first phase, according to the reports.

In biggest festival of democracy, people from all walks of sector took part in it. A video went viral where former India captain and current Indian team head coach Rahul Dravid and former India player and head coach Anil Kumble were seen standing in line  to cast their vote.

Meanwhile, voting started at 7 a.m. and will end at 6 p.m. The Election Commission has extended voting hours for those who are in line by an hour. According to Election Commission figures, the first two hours saw a 9.3% voter turnout throughout the 88 constituencies. By 9 am, Kerala had recorded 8.52%, Karnataka 9.21%, and Madhya Pradesh 13.82%.

In this phase, there were about 15.88 crore eligible voters, comprising 5.929 third-gender electors, 8.08 crore males, and 7.8 crore women. 3.28 crore young voters, aged 20 to 29, are among them; 34.8 lakh of them are first-time voters.

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2024 Lok Sabha Elections

Lok Sabha elections 2024: 102-year-old man walks to polling booth to cast his vote in Jammu

The lowest voter turnout so far was noted in Ramgarh at 1.53%.

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16 hours ago

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April 26, 2024

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A 102-year-old man showed up at a Jammu polling place to cast his vote in the second phase of the Lok Sabha elections on Friday. Haji Karam Din arrived at the Reasi district polling place in the Jammu constituency with a walking stick in hand and a family member who assisted him with the pre-voting process.

Haji Karam Din, who is 102-year-old, showed his inked finger and posed for pictures outside the polling booth after casting his vote. He said voting at this polling place at this age makes him very happy. He has always cast his vote. Even at the age of 102, this experience is still ongoing, he said.

Reasi district is a part of the Jammu parliamentary constituency, and 22 candidates are up for vote with around 17.81 lakh eligible voters.

BJP’s sitting member Jugal Kishore Sharma is aiming for a third term in office following wins in the elections of 2014 and 2019. Former minister and Congress candidate Raman Bhalla is his main opponent.

Voting in the Jammu-Reasi Lok Sabha constituency began with eager voters showing up at the polling places. Some of them were wearing traditional Dogra attire.

In 2,416 polling places around the constituency, voting got underway at 7 a.m., and 10.39% of the total votes were cast by 9 a.m. In the 2019 Lok Sabha elections, Jammu recorded a 74% voter turnout.

Following the repeal of Article 370 and the division of the former state into two Union Territories five years ago, this is Jammu’s first significant election.

The Akhnoor segment received the highest percentage of votes, 14.24%, followed by Reasi (14.13%), Gulabgarh (13.53%), Shri Mata Vaishnodevi (12.71%), Marh (12.31%), Samba (8.56%), R S Pura Jammu South (8.17%), and Suchetgarh (5.67%), according to the officials. Ramgarh recorded the lowest voter participation of 1.53% so far.

Low attendance was observed in the border areas of the districts of Jammu and Samba till nine in the morning, according to poll data.

The officials said that big lines of voters were observed at several polling places throughout Jammu city. Voters were observed heading towards polling places early in the morning.

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India News

Salman Khan house firing case: NIA interrogates arrested shooters Sagar Pal, Vicky Gupta for three hours

Published

17 hours ago

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April 26, 2024

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The investigation into the shocking firing incident that took place outside Salman Khan’s house on April 14 keeps bringing new updates with every passing day. In this case, Sagar Pal and Vicky Gupta, the two suspected shooters, have already been taken into custody.

The two shooters have reportedly been questioned by the National Investigation Agency (NIA), according to a new development. Every day that goes by, more information is revealed about the inquiry into the shocking firing incident that happened outside Salman Khan’s house on April 14. Sagar Pal and Vicky Gupta, the two accused shooters, are being held in custody after their first arrests.

It was recently discovered that the two shooters were questioned by the National Investigation Agency (NIA).

NIA has reportedly begun questioning Sagar Pal and Vicky Gupta, who were detained a few days ago for firing openly outside Salman Khan’s Galaxy Apartments in Mumbai, according to a recent update posted on their X (Twitter) account. NIA has interrogated shooters Vicky Gupta and Sagar Pal, arrested in the firing case, the tweet said.

According to the reports, two Punjabi residents were taken into custody by the Mumbai Crime Branch yesterday on suspicion of being involved in the recent shooting incident outside the house of Bollywood actor Salman Khan.

The two men, Sonu Subhash Chander and Anuj Thapan, provided guns to Sagar Pal and Vicky Gupta, the shooters, according to information released by the Mumbai Crime Branch. It was also reported that they had communication with the Bishnoi gang. For those who don’t know, hours after the incident, Anmol Bishnoi, the brother of gangster Lawrence Bishnoi, allegedly took credit for the firing in a Facebook post.

The shooters’ custody has been extended by Mumbai’s Esplanade Court until April 29.

Meanwhile, on the workfront Salman Khan was last seen in Tiger 3 alongside Katrina Kaif.

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