Union Budget 2021: FM Nirmala Sitharaman speaks about India’s economic development in the pandemic

Preparation of this Budget was undertaken under circumstances like never before. The FM said, “the country couldn’t have imagined such a global slowdown during the last Budget. We announced the ‘Aatmanirbhar’ Package in May 2020 to sustain recovery. Atmanirbhar Bharat and Pradhan Mantri Yojana were like four mini Budgets in themselves.”

Total COVID-19 support measures amount to 13 percent of GDP and total COVID-19 support measures by government and RBI amounts to Rs 27.1 lakh crore. The ‘Aatmanirbhar’ Packages accelerated India’s rate of reform.

She also said that the Pradhan Mantri Garib Kalyan Yojana valued at Rs 2.76 lakh crore was also an important pillar of the government’s outreach programme to aide the poorest to wase pandemic-induced hardships.

40 Crore rural women gets benefitted and PM Aatmanirbhar Swasth bharat yojana were also highlighted.

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