Finance Minister Nirmala Sitharaman on Monday announced Budget 2021. She said that the country's healthcare spending would be doubled to Rs 2,23,846 crore and added that Rs 35,000 crore would be spent on Covid vaccines. Capital expenditure will be increased to Rs 5.54 lakh crore, which is around 34 percent higher than last year. The government also announced infrastructure projects in several states. Will this Budget diminish the financial problems of people amid the coronavirus? Will this Budget accelerate the country's economic growth? Dr Prannoy Roy analyses with a panel of experts.
Here are the highlights of Dr Prannoy Roy's analysis:
#BudgetWithNDTV | "Other than 9% increase for the Army on capital expenditure, there is no increase in the aggregate defence budget both revenue and capital": Dr Omkar Goswami, Economist, CERG Advisory #Budget2021 pic.twitter.com/1B06ajd3Ez
- NDTV (@ndtv) February 1, 2021