Union Finance Minister Nirmala Sitharaman will present Union Budget 2021 on February 1 at 11 am. Notably, the Budget session of Parliament will begin from January 29 and will conclude on February 15.
Before the start of the Budget session on January 29, President Ram Nath Kovind will address both houses of the Parliament. It is to be noted that the second part of the Budget session will be held from March 8 to April 8 after a brief break.
There is no denying the fact that Sitharaman is facing an uphill task this year as she will present Union Budget 2021 after a contraction of the Indian economy. The Centre wants to boost economic growth at all costs as COVID-19 pandemic has fuelled the economic crisis.
Experts have appealed to Prime Minister Narendra Modi to focus on spending on key sectors and also take steps to boost demand.
For her part, Union Finance Minister Sitharaman has said that Union Budget 2021 will be like “never before”, which sends a clear…