In what was a first-of-its-kind digital-only budget amid a pandemic, the government was committed to aggressively tackle the perils of an ailing economy.
Here is an overview of sector-wise allocation:
The union #budget 2021-22 was focussed on six pillars, ranging from infrastructure to healthcare and the total budget amount stood at ₹34 lakh crore!
The Insurance Act, 1938 will be amended to increase the permissible FDI limit from 49% to 74% in #Insurance Companies & allow foreign ownership and control with safeguards. #LIC will debut on the stock exchanges in 2021-22.