Showing posts from February, 2021


  HIGHLIGHTS OF UNION BUDGET 2021-22   ·          First digital Budget in the history of India ·        Vehicle Scrapping Policy. Vehicle Fitness Test after 20 years in case of Personal vehicle and 15 years in case of commercial vehicles ·          64,180 crores allocated for New Health Schemes ·          35,000 crores allocated for Covid Vaccine ·          7 Mega Textile Investment parks will be launched in 3 years ·          5.54 lakh crore provided for Capital Expenditure ·          1.18 lakh crore for Ministry of Roads ·          1.10 lakh crore allocated to Railways ·          Proposal to amend Insurance Act. Proposal to increase FDI from 49% to 74 %. ·       Deposit Insurance cover (DICGC Act 1961 to be amended). Easy and time bound access of deposits to help depositors of stress banks. ·         Proposal to revive definition of ‘Small Companies’ under Companies Act 2013. Capital   less than 2 Cr. and Turnover Less than 20 C