Union Budget 2021

[jackprince]

Looks like inflation added. That's it.

Frankly, if the forces manage to actually exhaust the budget for capital procurements, that in itself will be more than enough. If revenue inflow grows substantially, new fund can always be made available in R.E.

Also, any new procurement under process such as MRCA2 would take at least 3/4 of this FY to conclude, even if the platform is selected today itself - if not more. Further, the upfront payments are always smaller amount for procurement and payment is always released on phased manner. So, even if procurements are concluded in this FY, the minimum sum required could be made available through Revised Estimate or in next FY.

Btw, the budget proposed 35000 crore in contingency fund. A damn good proposal.

 

[ezsasa]

Defence pension budget has been reduced. Get ready for RR by vets.

what do IAF have to pay for next fiscal in capex ?

rafale payment would already be allocated for. They won’t be paying for LCA next year, 10-15% payment first tranche for LCA deal would go out this fiscal itself.

 

[AMCA]

 

[ezsasa]

Let’s not forget boys and girls, there is still two months to go in current fiscal.

that is two months for changing things, if something is terribly wrong.

 

[hit&run]

Sensex has responded with 2% high.
1 Crore more LPG connections. 9 crore in total.
100% electrification of Railways by 2023.
27 Cities with new Metro.
137% hike in health budget.
Universal tap water supply project fund allocation.

 

[fire starter]

Both army and navy got increase in capex and yes it's more than inflation.

 

[jackprince]

Sensex has responded with 2% high.
1 Crore more LPG connections. 9 crore in total.
100% electrification of Railways by 2023.
27 Cities with new Metro.
137% hike in health budget.
Universal tap water supply project fund allocation.

Sensex shot up 4%.

 

[fire starter]

Sensex has responded with 2% high.
1 Crore more LPG connections. 9 crore in total.
100% electrification of Railways by 2023.
27 Cities with new Metro.
137% hike in health budget.
Universal tap water supply project fund allocation.

For me it's
1. Swacch bharat 2.0
2. PLI scheme.
3. Lite and neo metro.
4. Textile park
5. Increase in health budget.

 

[fire starter]

 

[fire starter]

If the commies are criticizing it, one can certainly say it's a good budget.

 

[shade]

It means budget is good .

It means nothing, except that dogs will bark at whatever you do.
They must be paid no heed.

In some hours you will probably have a tweet from Raoul also bitching about the budget.

 

[hit&run]

If people have missed Hydrogen generation allocation which Modi applauded with camera on him.

 

[fire starter]

 

[fire starter]

 

[Coalmine]

100% electrification of Railways by 2023.

What will happen to 1000 GE train engines

 

[jackprince]

If people have missed Hydrogen generation allocation which Modi applauded with camera on him.

Hydrogen cars are more practical, though expensive now. Afaik, no model is sold in India.

 

[jackprince]

What will happen to 1000 GE train engines

Can be donated.


May be even to congis and commies to carry their burnol supplies.

 

[ezsasa]

From the Union Budget app

 

[fire starter]

 

[Cactus09]

What will happen to 1000 GE train engines

100% electrification does not always mean all trains will have electrical propulsion. Those GE trains have major use in dedicated Freight corridor. Specially since newer electro locomotives are damn expensive. This budget is all about optimising every resource you have.