India Union Budget, 2021 - An Overview | A BDO India Publication
02 February 2021
Amidst extraordinary global health and economic circumstances, the Honorable Finance Minister Ms. Nirmala Sitharaman presented the first-ever digital Union Budget in the Parliament, on 01 February 2021. Treading the optimistic path with hope that the worst is behind us, and the country is at the cusp of recovery, Budget 2021 was designed to give an impetus to the COVID-hit economy by focusing on fostering resilience and aiming at recovery from the impact of the pandemic.
The Budget was themed on 6 key pillars of building an Aatmanirbhar Bharat and outlining a sense of overall development - Health & Well-being, Physical & Financial Capital & Infrastructure, Inclusive development for aspirational India, Reinvigorating Human Capital, Innovation & R&D and Minimum government & Maximum governance.
In view of the current economic situation and the need to boost growth and churn new investments, the Budget carved out a clear path by pursuing comprehensive reform measures, aiming for social inclusion and paving the way for a speedy economic recovery, without imposing additional burdens on honest taxpayers and consumers at large.
The watch now, is on Implementation of proposed reforms
We are pleased to share BDO India’s analysis of the Budget 2021-22, in our proprietary Annual publication INDIA UNION BUDGET 2021, An Overview.