Union Budget 2021

[DivineLight]

More money on annadata.

Why bother with pumping more money on MSP. They could have done direct money transfer instead of buying. At least the farmers would have benefited somewhat.

btw we still have stock from previous years rotting in FCI warehouses.

 

[shade]

More money on annadata.
Why bother with pumping more money on MSP. They could have done direct money transfer instead of buying. At least the farmers would have benefited somewhat.

btw we still have stock from previous years rotting in FCI warehouses.

"Please leave Delhi border, I beg you!"

 

[Shashank Nayak]

~63 billion USD?

Last year ka hai

 

[hit&run]

R&D 61 Bilion.

Reason for no tax relief
Economy contracted.
FD @9%
High Public spending on infra with big focus on health.

 

[hit&run]

Defence Budget not mentioned?

 

[Chandragupt Maurya]

Defence Budget not mentioned?

They’re trying to hide they might have decreased the defence budget

 

[Shashank Nayak]

More money on annadata.

Why bother with pumping more money on MSP. They could have done direct money transfer instead of buying. At least the farmers would have benefited somewhat.

btw we still have stock from previous years rotting in FCI warehouses.

Transfer of MSP market price difference to farmer accounts is a good idea..

 

[ladder]

Find Budget speech PDF ftom this site

India Budget | Ministry of Finance | Government of India

The division also handles coordination, compilation and printing of the Detailed Demands for Grants and the Outcome Budget

www.indiabudget.gov.in

 

[tarunraju]

This budget is Lauki Do Pyaaza.

Tastes okay, but you're eating lauki instead of chicken.

 

[jackprince]

At least they could have increased 80C limit and raised funds from increased limit for infrastructure projects

That would have been common sense and something pros like Jaitley would have thought. Never thought that I would miss Jaitley!

 

[DivineLight]

Budget estimate for defence without pensions - 347088 Cr.

Increase of 24035 Cr. - aprrx. $3.3B

 

[indus]

Transfer of MSP market price difference to farmer accounts is a good idea..

Not a good idea in practical. While i wont spoil the budget thread with the details....

 

[vampyrbladez]

 

[ezsasa]

The fact that the panel on India Today is going mad not knowing whether to praise or find faults, means budget is good for country.

ex: two guys said, how can you defend the country with atma nirbhar Bharat. One of them is ex-finance secretary Garg.

 

[Shashank Nayak]

Defence budget:

 

[Arihant Roy]

Excluding pensions, MoD's allocation this year pegged at Rs 3,62345 crore.

Last year this was Rs 3.37 lakh crore.

Capital outlay for the armed forces has gone up from Rs 113734 to Rs 135060 crore this year.

That is a good jump but lesser than expected. India has spent a whopping Rs 20,776 crore extra on the capital outlay for defence forces that was budgeted for in the last financial year.

Emergency procurements given the China situation.

I am happy at how things have panned out. Would have been happier had the capital outlay been even higher at Rs 150000 crores .

 

[phndr]

 

[tarunraju]

So you and I are paying for Ticket's gaandmasti? My next car will be an EV.

 

[garg_bharat]

Excluding pensions, MoD's allocation this year pegged at Rs 3,62345 crore.

Last year this was Rs 3.37 lakh crore.

Capital outlay for the armed forces has gone up from Rs 113734 to Rs 135060 crore this year.

That is a good jump but lesser than expected. India has spent a whopping Rs 20,776 crore extra on the capital outlay for defence forces that was budgeted for in the last financial year.

Emergency procurements given the China situation.

I am happy at how things have panned out. Would have been happier had the capital outlay been even higher at Rs 150000 crores .

They can always bump it up later.
No point in hiking it too much in a document eagerly read by the foreign governments.

 

[ezsasa]

half The story.. reduction in excise too.
Prices will remain the same.