Budget 2021-22 proposals rest on 6 pillars, says Nirmala Sitharaman – Times of India

NEW DELHI: Finance minister Nirmala Sitharaman began her Union Budget 2021-22 presentation on Monday in the Lok Sabha. In her speech, the finance minister mentioned that this year’s budget proposals rest on six pillars — health and well-being, physical, financial capital and infrastructure, inclusive development for aspirational India, reinvigorating human capital, innovation and R&D and minimum government and maximum governance.
She also mentioned that it was only three times that the budget followed contraction in the economy.
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Sitharaman also stated that the budget has increased 2021-22 capital expenditure by 34.5 per cent to Rs 5.54 lakh crore.
Sitharaman started her budget speech by recounting the unprecedented circumstances which the nation and the world had to go through.
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The finance minister also recognised the service rendered by Covid warriors during the crucial months of the pandemic.