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January 30, 2021 / 10:55 PM IST

Budget 2021: India's fundamentals are not being reflected in its sovereign rating: CEA Krishnamurthy Subramanian

Budget 2021 LIVE Updates: Finance Minister Nirmala Sitharaman will present the Union Budget for 2021-22 on February 1.

Budget 2021 LIVE Updates: Finance Minister Nirmala Sitharaman will present the Union Budget for 2021-22 on February 1. According to PTI, the CCPA has said the Budget will be presented on February 1. President Ram Nath Kovind will address a joint sitting of both the Houses of Parliament on January 29. The Cabinet Committee on Parliamentary
Affairs (CCPA) also recommended that the budget session be held from January 29 to February 15. The second part of the budget session will be held from March 8 to April 8. On January 29, The Economic Survey 2020-21 was tabled in Parliament. The survey pegged India's real Gross Domestic Product (GDP) growth at 11 percent in FY22, and said the economy is witnessing a V-shaped recovery after being hurt by COVID-19 pandemic.
  • January 30, 2021 / 10:37 PM IST

    This live session has now concluded. Please return to Moneycontrol for more updates. 

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  • January 30, 2021 / 07:24 PM IST

    Budget 2021 LIVE Update |  A pandemic which damaged the global economy, the deepest quarterly contraction in Independent India’s history, the first annual contraction in four decades, the second highest number of COVID-19 cases worldwide, millions of jobs lost, a severe loss of activity across sectors, and slow recovery in others.

    This is the reality facing Finance Minister Nirmala Sitharaman who is going to present the Union Budget 2021-22 in the Lok Sabha on February 1. There will be a single-point agenda behind all her announcements, sops and measures: Reviving and restarting India. Read the full article here. 

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  • January 30, 2021 / 05:57 PM IST

    Budget 2021 LIVE Updates | The Indian Chamber of Commerce says the budget will come as an Economic Vaccine 

    Indian Chamber of Commerce (ICC) expects that Union Budget 2021-22 will come as Economic Vaccine for the Indian Economy and steer India with the much needed stimulus to boost demand, consumer confidence and at the same time boost the purchasing power of the people.

    Government expenditure would be a critical component for driving demand in the economy. ICC expects announcements towards large public investment and massive infrastructure push that would prompt a boost in demand and generate employment. Health, Rural & Agriculture sector should get higher allocations and targeted schemes.  

  • January 30, 2021 / 05:11 PM IST

    Budget 2021 LIVE Updates 

  • January 30, 2021 / 04:47 PM IST

    Budget 2021 Updates | What can be done to fix the damage of gargantuan proportions, one that is immediate and also have a positive effect on the economy over the longer term? For that, it is only fair to draw up the various constituents that move the wheels of the economy- the demographic health and economic well-being, enterprise and business, markets and financial institutions, global trade and sustainability, writes Harsh Goenka. Read the full story here. 

  • January 30, 2021 / 04:20 PM IST

    Budget 2021 LIVE Updates |  Prime Minister Narendra Modi on January 30 chaired an all-party meet ahead of the presentation of the Union Budget. In the meeting attended by Congress leader Ghulam Nabi Azad, TMC's Sudip Bandyopadhyay, Shiv Sena MP Vinayak Raut, and SAD's Balwinder Singh Bhunder the PM spoke at length on farmers agitation. (ANI) 

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  • January 30, 2021 / 03:59 PM IST

    Budget 2021 LIVE Updates | The Biju Janata Dal demands passage of contentious Women's Reservation Bill in ongoing Budget Session of Parliament. (PTI) 

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