India
oi-Ajay Joseph Raj P
New Delhi, Feb 01: Union Finance Minister Nirmala Sitharaman on Monday announced about the voluntary vehicle scrapping policy that phases out old vehicles. The finance minister also announced fitness tests for personal vehicles after 20 years.
On Monday, FM Sitharaman presented the Union Budget 2021-22, which was approved by the Union Cabinet headed by Prime Minister Narendra Modi earlier today.
Sitharaman, who had in her first budget in 2019 replaced leather briefcase that had been for decades used for carrying budget documents with a traditional red cloth ‘bahi-khata’, had earlier this month stated that the budget for the fiscal year beginning April will be “like never before”.
It has to be a vision statement, a roadmap to get the world’s fastest-growing major economy back on track.