This discussion thread provides live updates and a platform for people to share their views on the Union Budget 2021, presented by Finance Minister Nirmala Sitharaman. Key highlights include a focus on health and well-being with a significant outlay increase, infrastructure development with a record capital expenditure, and reforms in sectors like insurance, railways, and the power distribution network. The budget also introduced measures to simplify tax compliance for small companies and individuals, alongside initiatives for digital transformation and economic recovery.
To new technologies - Metro Lite and Metro Neo will be deployed to provide Metro Rail Systems at much lesser costs, with same experience and safety in Tier 2 cities #budget2021
A Revamped - Reforms Based Result Linked Power Distribution Sector Scheme will be launched with a financial outlay of 305984 crores to increase the viability of distribution companies #Budget2021
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Highly used railway routes to be given autonomous security systems to avoid collisions due to human errors: FM
Union Budget 2021: Rs 3.05 lakh crore outlay for power sector : FM
100 more cities to be added in the next 3 years to the gas distribution network: FM
Govt will facilitate a world-class fintech hub at Gift city: FM
FM proposes to amend the Insurance Act 1938, to increase the permissible FDI limit from 49% to 74% in insurance companies and allow foreign ownership and control, with safeguards