BUDGET ANNOUNCEMENT – 2021: BOON OR BANE
Finance Minister, Mrs. Nirmala Sitharaman, had presented the budget, in what is considered by many to be a tough budget, given the significant jump in the capital expenditure, increased spending on infrastructure, and even more on health related aspects. The Budget proposals for 2021-2022, was settled over six pillars, which were- 1. Health and Wellbeing 2. Physical & Financial Capital, and Infrastructure 3. Inclusive Development for Aspirational India 4. Reinvigorating Human Capital 5. Innovation and R&D 6. Minimum Government and Maximum Governance In these six pillars, many proposals were made and the works that have been done and are currently in progress were also presented. Let’s look at some the important takeaways from what was presented under these heads- Pillar- 1 (Health and Well-being) 1. A new scheme which would be centrally sponsored called, PM AtmaNirbhar Swasth Bharat Yojana w