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Budget 2021 live updates: Budget for tourism ministry slashed by 19%; industry unhappy

THE TIMES OF INDIA | Feb 02, 2021, 07:13:41 IST

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Budget 2021 live updates: Budget for tourism ministry slashed by 19%; industry unhappy

Finance minister Nirmala Sitharaman provided a major boost to healthcare and infrastructure in Union Budget 2021. However, there was no change in Income Tax slabs this year. Stay with TOI for Union Budget 2021 live updates and highlights

16:52 (IST) Feb 01

The budget was a let down like never before: Chidambaram

16:50 (IST) Feb 01

Sitharaman paid attention only to poll bound states, says Congress leader P Chidambaram

16:49 (IST) Feb 01

The finance minister seems to be unaware of the situation of MSMEs: P Chidambaram

16:48 (IST) Feb 01

The budget 2021 has been presented in an unprecedented situation. It is inclusive and is dedicated to the welfare of all people of India: BJP president Jagat Prakash Nadda

16:45 (IST) Feb 01

The numbers show the fiscal situation is in a mess: Congress leader P Chidambaram

16:43 (IST) Feb 01

Karnataka CM B S Yediyurappa says Union Budget presented by Sitharaman in Parliament has come as catalyst that can revive this sluggish economy

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15:53 (IST) Feb 01

On farm laws, Government is and has always been open to dialogue with farmers; Agriculture Minister has been ready to have clause-by-clause discussion with farmers on the farm laws: FM

15:33 (IST) Feb 01

We reduced the customs duty and levied a disproportionate amount of agri infra cess on certain products like petrol and diesel. But there won't be additional burden on the end consumer: FM Sitharaman

15:32 (IST) Feb 01

Development Financial Institution is being brought in to fund infrastructure requirements. This DFI will be used to raise about Rs 5 lakh crore in next 3-5 years. We also see a future for private sector DFIs: FM

15:26 (IST) Feb 01

We have spent, we have spent and we have spent: FM

We have increased spending in the forthcoming year. Borrowing has increased and fiscal deficit has gone to 9.5% of the GDP, says Sitharaman as she emphasizes on the rise in government spending to stimulate the economy

15:23 (IST) Feb 01

One major cry for banks were the NPAs. We have been announcing capital infusion to address this issue. To clean up the books further, we announced the formation of an ARC

15:21 (IST) Feb 01

We have taken progressive steps in financial sector: FM

15:21 (IST) Feb 01

Capacity building in healthcare sector constitute major chunk of the budget: FM

15:20 (IST) Feb 01

Decided to give greater impetus to economy in this year's budget

FM Sitharaman

15:17 (IST) Feb 01

FM highlights two key features of the budget

"We chose to spend big on infrastructure spanning across roads, bridges, ports, power generation and so on. Moreover, we attended to the needs of the healthcare sector."

15:16 (IST) Feb 01

Finance minister Nirmala Sitharaman briefs media on Union Budget 2021

15:12 (IST) Feb 01

Budget will bring several positive changes for individuals, investors, industry and infrastructure sector: PM Narendra Modi

15:02 (IST) Feb 01

Today's budget shows India's confidence and will instil self-confidence in the world. It has the vision of self-reliance and features every section of the society: PM Narendra Modi

14:59 (IST) Feb 01

The budget speaks of all-round development

14:58 (IST) Feb 01

From Covid-related reforms to Atmanirbhar resolve, we moved ahead with this mantra in Budget 2021. It's a proactive and not a reactive budget, says PM Modi

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