From 'Made in India' tabs replacing Swadeshi 'bahi khata' to Puja ahead of Budget; here are top developments
India has been among the worst-hit major economies due to the lockdown, with the economic growth contracting by a massive 23.9 percent year-on-year (YoY) in the June 2020 quarter, the first GDP contraction in over 40 years.
Union finance minister Nirmala Sitharaman will present the Budget for the financial year 2021-22 now and this budget is dubbed as the most crucial Budget of India in recent years as it comes after a year of massive economic crisis done by COVID-19 pandemic. India has been among the worst-hit major economies due to the lockdown, with the economic growth contracting by a massive 23.9 percent year-on-year (YoY) in the June 2020 quarter, the first GDP contraction in over 40 years.
Anurag Thakur
MoS Finance Anurag Thakur offers prayers at his residence, ahead of the presentation of the union budget 2021-22 in the Parliament today. The budget will be in accordance with people's expectations. Govt which functions on the mantra of 'Sabka Saath, Sabka Vikas, Sabka Vishwas' gave a new direction to India by announcing the Atma Nirbhar package, protecting it from pandemic & bringing the economy back on track swiftly, said Thakur.
iPad instead of bahi khata
This is the first paperless budget where Nirmala Sitharaman was seen carrying an iPad wrapped in a red cloth instead of ‘bahi khata’. Departing from the usual practice, the Finance Minister will present and read out the Union Budget 2021-22 at the Parliament through a tab, instead of the traditional 'bahi khata'