2021 Union budget of India: Difference between revisions

There was huge speculation that government may increase tax rates to decrease its fiscal deficit so, there was a dip in [[BSE Sensex]] after touching the 50,000 marks other than that many economic journals also suggested introducing a new tax on High net worth individuals. The demand in the Indian [https://www.macropediahindi.in/2021/02/union-budget-2021.html market] was Low and the unemployment rate was very high so, the Budget has to Increase both the demand and new jobs.

For healthcare, the allocated budget was increased by 137%, from {{INRConvert|94452|c}} to {{INRConvert|220000|c}}. The budget proposes a program and scheme sponsored by Central Government called PM Aatmanirbhar Swasth Bharat Yojana was announced, which would focus on development of healthcare and establishing new institutions that would work in the field of detection and cure from new diseases. Around {{INRConvert|64180|c}} would be spent spanning for 6 years in this program. <ref name="TOIkey">{{cite web | url=https://timesofindia.indiatimes.com/business/india-business/budget-2021-nirmala-sitharaman-highlights-two-key-features/articleshow/80632108.cms | title=Budget 2021: Nirmala Sitharaman highlights infra, health as two key features | publisher=Times of India | date=1 February 2021 | accessdate=4 February 2021}}</ref>