Budget 2021 Summary – UPSC GS3
Principal of Fiscal Conservatism is followed: Allocations to MGNREGA drastically reduced. Allocations for food subsidies reduced by almost half. Why […]
Principal of Fiscal Conservatism is followed: Allocations to MGNREGA drastically reduced. Allocations for food subsidies reduced by almost half. Why […]
Key shortcomings of the Budget: Impact on revenue expenditure: Revenue estimates have remained stagnant. Fiscal Consolidation targets require reducing expenditure
Definition of Crypto Assets: The Finance Bill, 2022 has for the first time provided a definition for crypto assets. According
What is in the Budget related to Financing of Investments? Public Capital Investment: Outlay for capital expenditure stepped up sharply by
How does the Budget promote Ease of Living and Doing Business? Next Phase of Ease of Doing Business & Ease
What is New for Agriculture & Food Processing? Agriculture: Rs. 2.37 lakh crore direct payment to 1.63 crore farmers for procurement
PM Gati Shakti: PM Gati Shakti National Master Plan for Multi-Modal Connectivity is an initiative aimed at coordinated planning and execution
With this Budget, India has marked the 75 years of Independence through Azadi ka Amrit Mahotsav. Apart from this, the budget
Health: There has been a 16% hike in healthcare sector allocation. However, the ₹83,000-crore outlay is almost equal to last
Context: The pandemic over the last two years has had a severe impact on the health, education and food security