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Thursday, March 28, 2024
TopicBudget 2021

Topic: Budget 2021

Modi govt tightening screw on IT dept a small win for taxpayer

In Budget 2021, the proposed changes to the Income Tax Act 1961 for tax collection are a welcome move.

Indian steel industry was heavily protected, but Budget 2021 has changed that. Here’s why

Steel prices have surged, affecting Modi govt’s infrastructure push. Now, it has reduced duties to facilitate imports despite ‘atmanirbhar’ mission.

After Modi, Sitharaman bats for private sector, says BJP always believed in Indian businesses

Finance Minister Nirmala Sitharaman tears into Rahul Gandhi in Lok Sabha speech, says Congress' belief in a democratically elected parliamentary system is over.

BJP defends Union Budget 2021 in Parliament, says it takes care of all sections of society

The BJP responded to the opposition's attack saying govt provided relief to 40 crore people, including the health budget being increased by 137% to Rs 2.38 lakh crore.

‘Nothing in Union Budget for common man’ — Opposition parties attack govt in Rajya Sabha

Congress, BSP, AAP and Left leaders questioned the model of 'Atmanirbhar Bharat' and asked if it meant surrendering everything to the capitalists.

Opposition creating false narrative about crony capitalism under Modi govt, says Sitharaman

Nirmala Sitharaman lists steps taken by govt to help the poor, including provision of electricity and cooking gas, counters attacks by Rahul Gandhi & Chidambaram.

Why it’s a good idea Budget 2021 focuses on not just curing but also preventing diseases

India’s disease burden was related to poverty, but it increasingly relates to economic growth that’s not mindful of the new health risks emerging from it.

Budget is only for 1% of population that controls 73% of wealth — Chidambaram in Rajya Sabha

Outrightly rejecting the budget for 2021-22, the senior Congress leader said that it is ‘for the rich, of the rich and by the rich’.

How pneumococcal vaccine rollout announced in Budget can save 50,000 childrens’ lives/year

13% of India’s under-5 deaths are due to pneumonia, half of them pneumococcal. Immunisation programme will be expanded beyond 5 pilot states using indigenous vaccines.

What govt’s decision to reduce import duty on gold says of our addiction to bad policy

In Episode 677 of #CutTheClutter,​ Shekhar Gupta explains why Modi government’s decision to cut import duties on gold might be the beginning of a reformist reversal.

On Camera

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.