- First digital Budget in the history of India
- Vehicle Scrapping Policy: fitness test after 20 years (personal vehicles) and 15 years (commercial vehicles)
- Rs 64,180 crore allocated for new health schemes
- Rs 35,000 crore allocated for COVID vaccine
- 7 Mega Textile Investment parks to be launched in 3 years
- Rs 5.54 lakh crore for capital expenditure
- Rs 1.18 lakh crore for Ministry of Roads
- Rs 1.10 lakh crore allocated to Railways
- Proposal to amend Insurance Act, raising FDI limit from 49% to 74%
- Deposit Insurance cover (DICGC Act 1961 amendment) for easier, time-bound depositor access at stressed banks
- Proposal to revise definition of 'Small Companies' under Companies Act 2013: capital less than Rs 2 crore and turnover less than Rs 20 crore
- Disinvestment: LIC IPO; announced disinvestments to be completed in FY 2021-22
Nimesh Hariya & Associates