He said that real growth sector comes from four different sources -- consumption, investment, government expenditure, and net exports.
Replying to the Budget debate in the Rajya Sabha, the minister attacked the opposition Congress failing to utilise the entire amount allocated in the Budgets when they were in power.
Besides providing 'quick short term solutions', Sitharaman said that the government is also looking at "long term sustainable growth".
Congress leader Shaktisinh Gohil alleged that the budget helped the rich capitalists and was asking the poor, the oppressed and the downtrodden to become 'atmanirbhar' (self-sufficient).
Rejecting the budget, P Chidambaram hit out at the ruling dispensation, charging it with incompetent economic management.
Lok Sabha proceedings were extended till mid-night to accommodate members' participation in the discussion on Budget proposals.
Shashi Tharoor said the budget has reduced expenditure on defence and healthcare, and delivered a blow to the economic system.
Smriti Irani said Rahul Gandhi was still looking for flaws in the Budget instead of supporting something that would save lives.
Gaurav Gogoi said the mid-day meal scheme has witnessed a decrease to Rs 11,000 crore compared to Rs 13,215 crore in 2014-15.
While this has caused concern to salaried people contributing to EPF, let’s have a look at who will be impacted by the move.
Suffice to say, nothing of that sort happened and owing to stretched valuations and the advent of Covid-19, the equity markets received a slam dunk after an initial uptick.
Amid a flood of information, you may wonder about the limit to which you can process financial, economic or market data.
MoS hails Central govt for converting adversities into opportunities and bringing about reforms in various sectors
The Union Budget 2021 was promised to be a “never seen before” budget, especially because it is the first Budget since the pandemic pushed down the global economy.
Union Minister Jitendra Singh said, as one of the six pillars of the visionary budget, it outlines plans for reforms as one of the core principles of minimum government, maximum governance.