More than a year after India recorded its first case of coronavirus, which triggered countrywide restrictions, Nirmala Sitharaman today presented the Union Budget 2021 in parliament. The country's health spending has been increased considerably.
Pensioners above 75 years of age will not be required to file income tax returns, Finance Minister Nirmala Sitharaman said today as she presented the Union Budget 2021 in parliament.
India's coronavirus tally surged to 1,07,57,610 with over 11,000 new cases in the last 24 hours. Yesterday, Prime Minster Narendra Modi asserted that India is vaccinating its citizens "faster than anywhere in the world". In his monthly radio address "Mann Ki Baat", the Prime Minister also highlighted the fact that the country was able to help other nations in their inoculation drive. More than 1.07 crore cases have been logged so far; 1.04 crore patients have recovered in the country in a year. Over 1.5 lakh deaths linked to Covid have been registered. The number of healthcare workers vaccinated has crossed the 37 lakh-mark on the 15th day of the countrywide Covid-19 inoculation programme, the government data shows.
Farmers' protest near Delhi borders continues to grab the country's attention with more protesters joining the agitation after the clashes on Republic Day. PM Modi yesterday said "India was insulted by the insult to the tricolour".
Another important news that's emerging from Myanmar where country's leader Aung San Suu Kyi was detained in an apparent coup and the military has declared one-year emergency. "We have noted the developments in Myanmar with deep concern. India has always been steadfast in its support to the process of democratic transition in Myanmar. We believe that the rule of law and the democratic process must be upheld. We are monitoring the situation closely," the Ministry of External Affairs said in a statement.
Here are the Latest News Live Updates on, Union Budget 2021 and Other Big Stories:
President @CyrilRamaphosa and Deputy President @DDMabuza have arrived at OR Tambo International Airport where they will receive the first consignment of the #COVID19 vaccines. Representing the Republic of India is Deputy High Commissioner Abhijit Chakraborty #WeChooseVaccinationpic.twitter.com/ekZyzAzgGg- Presidency | South Africa 🇿🇦 (@PresidencyZA) February 1, 2021
Punjab Chief Minister Amarinder Singh on Monday flayed the Union Budget, saying it reflects the Centre's "persistent efforts to sideline" non-BJP ruled states. Read Here
The Punjab Mail was diverted while another train was short-terminated Monday, prompting charges that it was done to prevent farmers from reaching Delhi to join the ongoing protests against the three new farm laws, even as the Railways said the move was an operational necessity.
The Centre today earmarked a sum of Rs 2,217 crore for tackling air pollution in 42 urban centres, even as it shrunk the budgetary allocation for the environment ministry from the 2021 fiscal by nearly eight percent for 2021-22.
Union Health Minister Harsh Vardhan has appreciated the 2021-2022 Budget, saying the allocation of Rs 35,000 crore for COVID-19 vaccines and commitment to provide further support will help end this pandemic and expedite economic recovery.
Indian Americans on Sunday held protest against the vandalism of a Mahatma Gandhi statue in California's Davisand demanded reinstallation of the statue.
The government's subsidies on food, fertilisers, LPG and kerosene are pegged at Rs 5.96 lakh crore in the current fiscal, over 2.5-fold jump from the initial budget estimates as the Centre distributed additional foodgrains free of cost to help poor mitigate the impact of COVID-19 pandemic.
China said on Monday it had "noted" the military coup in Myanmar and hoped that all sides could properly manage their differences under the constitution and uphold stability.
A sum of Rs 24,435 crore has been set aside for the Women and Child Development (WCD) Ministry for the next fiscal in the Budget announced on Monday, a 16.31 per cent increase over the 2020-21 financial year.
The Union Law Ministry has been allocated Rs 1,005 crore in the central Budget to provide funds to the Election Commission for procurement of ballot units, control units and voter verifiable paper audit trial units (VVPATS), and ancillary expenditure on Electronic Voting Machines (EVMs) and destruction of obsolete voting machines.
Explaining a budget aimed at shoring up the economy after a historic slump in the aftermath of the pandemic, Finance Minister Nirmala Sitharaman told reporters today: "We have spent, we have spent and we have spent".
Announcing the Union Budget for 2021-22 on Monday, Finance Minister Nirmala Sitharaman said a gas pipeline project will be taken up in the Union Territory of Jammu and Kashmir.
Finance Minister Nirmala Sitharaman on Monday announced the much-awaited voluntary vehicle scrapping policy to phase out old and polluting vehicles.
A Delhi Court today reserved the verdict in former Union minister MJ Akbar's criminal defamation complaint against journalist Priya Ramani for her allegations of sexual harassment against him for February 10.
Congress leader Rahul Gandhi hit out at the Centre today following the presentation of the 2021-22 Union Budget, alleging that the Narendra Modi government plans to handover India's assets to crony capitalists.
India unveiled a massive spending plan focused on healthcare and infrastructure on Monday, as the government sought to boost a coronavirus-ravaged economy on course for its biggest annual contraction on record.
A woman doctor who allegedly honey-trapped a medical student and conspired in his kidnapping along with another doctor and others for Rs 70 lakh ransom has been arrested, police said on Monday.
The Central Bureau of Investigation (CBI), which is probing high-ticket corruption cases and has registered bank fraud cases of over Rs 67,000 crore last year, received Rs 835.39 crore in the Union Budget today, a nominal cut from Rs 835.75 crore it received as per revised estimates for 2020-21.
The months-long farm law agitation left its mark on Day-1 of the Budget Session of Parliament today as expected. Finance Minister Nirmala Sitharaman listed out the achievements in the agricultural sector under Prime Minister Narendra Modi's government and claimed it was "committed to the welfare of farmers". That was, however, after three "black-clad" Congress MPs from Punjab had expressed their solidarity with the thousands of farmers who have been protesting along Delhi's border against three pieces of Central legislation.
Union Finance Minister Nirmala Sitharaman has announced the imposition of Agriculture Infrastructure and Development Cess (AIDC) of Rs 2.5 per litre on petrol and Rs 4 per litre on diesel.
On Budget day, farmer leader Rakesh Tikait said that the government should provide a separate budget for farmers to address various issues of the farming community. He also sought a waiver of agricultural loans of farmers.
Anti-corruption ombudsman Lokpal has got an allocation of nearly Rs 40 crore for 2021-22 to meet its establishment and construction related expenditures, according to the Union Budget presented on Monday, reported news agency PTI. The Lokpal was given Rs 74.7 crore for the ongoing fiscal, which ends in March. This has now been revised to Rs 29.67 crore for 2020-21, it said.
India slashed the import duties on gold and silver to 7.5% from 12.5%, Finance Minister Nirmala Sitharaman said on Monday, as the world's second biggest gold consumer tries to bring down smuggling of the precious metal, reported news agency Reuters. Gold futures fell more than 3% following the surprise announcement in the annual budget by Ms Sitharaman.
Japan called Monday for Myanmar's military to release Aung San Suu Kyi and restore democracy, saying it was opposed to moves that pushed the country "backwards", reported news agency AFP. "We request the release of stakeholders including state counsellor Aung San Suu Kyi who was detained today," Japan's foreign ministry said in a statement, urging the army "to quickly restore the democratic political system in Myanmar". The ministry said Japan had been "strongly supporting the democratic process in Myanmar" and was opposed to "moves going backwards."
The Ministry of Home Affairs has extended the suspension of internet services at the farmer protest sites in Singhu, Ghazipur and Tikri borders till Tuesday night, officials said, reported news agency PTI. Apart from the three border points, where farmers have been protesting since November against the Centre's three new farm laws, internet services will remain suspended in their adjoining areas too. The suspension is effective from 11 pm of January 31 to 11 pm of February 2.
With a consistent rise in cumulative recoveries of coronavirus cases, India's Covid recovery rate has reached 97 per cent, informed the Ministry of Health and Family Welfare (MoHFW) today, while adding that it is one of the highest globally.
Agriculture infra cess of 100 per cent imposed on alcoholic beverages, reports news agency PTI
British Prime Minister Boris Johnson on Monday condemned the coup in Myanmar and the imprisonment of de facto civilian leader Aung San Suu Kyi, reported news agency AFP. Johnson tweeted: "I condemn the coup and unlawful imprisonment of civilians, including Aung San Suu Kyi, in Myanmar. The vote of the people must be respected and civilian leaders released."
Union Finance Minister Nirmala Sitharaman has made a provision of Rs 15,700 crore for the Ministry of Micro, Small and Medium Enterprises (MSME) sector in the Union Budget 2021-22.
The Supreme Court today issued notices to the Central government, besides others, in connection with a public interest litigation (PIL) that has sought regulation of social media platforms for hate speech and fake news. The plea had wanted the court to direct the Union government to frame laws for criminal prosecution of persons involved in such activities.
The coronavirus pandemic relief measures resulted in rise in expenditure to Rs 34.50 lakh crore in the current fiscal as against Rs 30.42 lakh crore budgeted a year back, Finance Minister Nirmala Sitharaman said today.
Lok Sabha adjourned till 4 pm on February 2
Union Minister Nirmala Sitharaman today invoked Nobel laureate Rabindranath Tagore in what was probably a first - a budget day speech. "I borrow the words of Rabindranath Tagore - 'Faith is the word that feels the lights and sings when the dawn is still dark'," the minister said, beginning her speech for a budget the country has placed its hopes on after a year made hugely challenging by a pandemic and a sputtering economy.
Defence Minister Rajnath Singh will inaugurate Hindustan Aeronautics Limited's Tejas Light Combat Aircraft's second production line on Tuesday, according to HAL officials.The event comes a day before the opening of the AeroIndia 2021, the country's premier aerospace and Defence exhibition at Air Force Station, Yelahanka on Wednesday.
Centre cuts timeline for reopening of tax cases from 6 years to 3 years
Serious tax offences of concealment of income of over Rs 50 lakh can be reopened after 10 years: Nirmala Sitharaman
Nirmala Sitharaman announces tax exemption for notified rental housing projects
Myanmar's army today said it will hold fresh elections and hand power to the winning party once a year-long state of emergency has elapsed, hours after carrying out a coup, reported news agency AFP. "We will perform real multi-party democracy... with complete balance and fairness," a statement on the army's official Facebook page said. It added that power will be transferred after "holding a free and fair general election and the emergency provisions period is complete."
Faceless IT appellate tribunal to be set up: Nirmala Sitharaman
In relief to senior citizens, compliance burden reduced for 75 years and above. Exemption from Income Tax Returns for seniors with only pension and interest income: Nirmala Sitharaman
The government on Monday said the free cooking gas LPG scheme, Ujjwala will be extended to one crore more beneficiaries.
The government on Monday unveiled a scheme for setting up mega textile parks in the country, as part of the Centre's efforts to position India as a fully integrated, globally competitive manufacturing and exporting hub for the sector.
New world order emerging after pandemic, India will have a leading role: Nirmala Sitharaman
Rs 1.18 lakh crore revenue deficit grant to 17 states: Nirmala Sitharaman
Gross borrowings from market for next year Rs 12 lakh crore: Nirmala Sitharaman
Fiscal deficit pegged at 9.5% of GDP for 2020-2021, 6.8% of GDP for 2021-2022: Nirmala Sitharaman
Niramala Sitharaman announces special scheme for Assam and Bengal tea workers
Niramala Sitharaman announces Rs 300 crore for Goa to celebrate Goa Liberation Day
Upcoming census will be the first digital census in the history of India. Rs 3,768 crore has been allocated for it: Nirmala Sitharaman
I propose to amend the Insurance Act 1938 to increase the permissible FDI limit from 49% to 74% and allow foreign ownerships and control with safeguards: Nirmala Sitharaman
Crop procurement at MSP is continuing at a rapid pace, resulting in an increase in terms of adequate payments to farmers. A total of Rs 75,060 crore was paid to farmers in 2020-21: Nirmala Sitharaman
The number of wheat producing farmers who have benefitted has increased from 35.57 lakhs in 2019-20 to 43.36 lakhs in 2020-21: Nirmala Sitharaman
Unmanned launch for gaganyaan programme slated for December 2021: Nirmala Sitharaman
Central university to be set up in Leh: Nirmala Sitharaman
In global tenders floated by ministries and Central Public Sector Enterprises, an amount of Rs 1,624 crore will be provided in 5 years. This initiative will enable greater training and employment opportunities for Indian seafarers: Nirmala Sitharaman
Work will be undertaken to promote merchant ships in India. Initially, Rs 1,624 crore has been provided for it. Apart from this, work will be done on recycling ships at the existing plant in Gujarat: Nirmala Sitharaman
Minimum wages will apply to all categories of workers: Nirmala Sitharaman
2 new technologies - Metro Lite and Metro Neo - will be deployed to provide metro services at much less cost with same experience, convenience and safety in Tier II cities and peripheral areas of Tier I cities also: Nirmala Sitharaman
1,000 more mandis to be integrated to eNAM: Nirmala Sitharaman
BJP's Madhya Pradesh in-charge P Muralidhar Rao has termed Jyotiraditya Scindia as the "leader of the entire BJP", and said the Rajya Sabha member and others who had joined the party along with him do not have any feeling of insecurity.
Government committed to welfare of farmers: Nirmala Sitharaman
Estimate Rs 1.75 lakh crore from disinvestment in 2021-2022: Nirmala Sitharaman
Will introduce IPO of LIC this year: Nirmala Sitharaman
Propose to allow incorporation of one person company: Nirmala Sitharaman
Nirmala Sitharaman announces framework to take over stressed assets from lenders
To give a further boost to the non-conventional energy sector, I propose to provide additional capital infusion of Rs 1,000 crore to Solar Energy Corporation of India and Rs 1,500 crore to Indian Renewable Energy Development Agency: Nirmala Sitharaman
Prime Minister Narendra Modi on Monday expressed grief over a van accident in Odisha's Koraput, in which nine people were killed.
Delhi traffic jams: Commuters faced heavy traffic jams as Delhi's borders with Haryana and Uttar Pradesh remained closed at several points on Monday due to the farmersprotest.The Delhi Traffic Police has alerted commuters about the affected areas and suggested alternative routes for commuters.
Nearly eight people were feared trapped after a building collapsed in a commercial complex in Maharashtra's Thane district's Bhiwandi town today morning, a civic official said.
Ujjwala scheme to be extended to 1 crore more beneficiaries. 100 more cities to get gas pipelines: Nirmala Sitharaman
Budget to provide Rs 1.1 lakh crore to Indian Railways of which Rs 1.07 lakh crore will be for capital expenditure: Nirmala Sitharaman
Framework for consumers to choose power distributor will be announced: Nirmala Sitharaman
To further strengthen safety measures, high density network and highly utilized network routes of Indian Railways will be provided with an indigenously-developed automatic train protection system which eliminates train collision due to human error: Nirmala Sitharaman
Production Linked Incentive (PLI) schemes to create manufacturing global champions for an Aatmanirbhar Bharat has been announced in 13 sectors. The government has submitted nearly Rs 1.97 lakh crore over 5 years starting this financial year: Nirmala Sitharaman
Nirmala Sitharaman announces highways for Assam at Rs 34,000 crore
Nirmala Sitharaman announces highways for West Bengal at Rs 25000 crore ahead of state polls
Propose capital expenditure of 5.54 lakh crore. We will nudge states to spend more on creation of infra: Nirmala Sitharaman
The WHO has repeatedly stressed on clean water, sanitation and environment. As a prerequisite to achieving universal health, the Jal Jeevan Mission (Urban) will be launched. Jal Jeevan Mission will be launched across all urban local bodies with an outlay of Rs 2.87 lakh crore over next 5 years: Nirmala Sitharaman
A new centrally sponsored scheme - PM Aatmanirbhar Swasthya Bharat Yojana - will be launched at an outlay of Rs 64,180 crore over six years: Nirmala Sitharaman
To strengthen nutritional content, delivery, outreach and outcome, we will merge the supplementary nutritional programme and the POSHAN Abhiyan and launch the Mission POSHAN 2.0: Nirmala Sitharaman
Next lot of airports will be monetised: Nirmala Sitharaman
Nirmala Sitharaman: For National Infrastructure Pipeline, I propose three steps:
Enhancing share of capex in state and central budgets
Seven textile parks to be set up: Nirmala Sitharaman
Nirmala Sitharaman announces Rs 35,000 crore for COVID-19 vaccinations in this year
Finance Minister Nirmala Sitharaman announced the much-awaited voluntary vehicle scrapping policy to phase out old and polluting vehicles, reported news agency PTI. Presenting the Budget for 2021-22 in Parliament, Ms Sitharaman said that under voluntary vehicle scrapping policy, personal vehicles would undergo fitness test after 20 years while commercial vehicles would require it after completion of 15 years.