Union Finance Minister Nirmala Sitharaman on Monday spoke on Union Budget 2021 with Zee Business. Earlier, Sitharaman also proposed a sharp increase in expenditure on infrastructure, doubling of healthcare spending and raising of the cap on foreign investment in insurance in her Budget for the next fiscal in a bid to pull the economy out of the trough.
The Budget made no changes in personal or corporate tax rates but raised customs duties on certain auto parts, mobile phone components and solar panels in order to provide impetus to domestic manufacturing.
Here are the live updates:Â
* Foreign investors are more interested in India and now they trust India more. They look forward to investing in India, says Finance Minister Nirmala SitharamanÂ
* The problems due to coronavirus has been pushed away by the Union Budget 2021, says Finance Minister Nirmala SitharamanÂ
* The focus now is on Infra, Heath, and Agri infra, says Finance Minister Nirmala Sitharaman
* In the textile industry there is scope for jobs:Â Finance Minister Nirmala Sitharaman
* Union Finance Minister Nirmala Sitharaman speaks on Union Budget 2021 with Zee Business.
