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NA-02/02/2021

GENERAL ECONOMY

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Govt. hopes to cut fiscal deficit to 4.5% by FY262
Stake sale expected to fetch ₹1.75 lakh crore2
Tax slabs remain unchanged 2
ULIPs tax exemption linked to premium2
Tax revenue may grow 16.7%2
States allowed enhanced 4% of GSDP borrowing1
‘Record’ allocation of ₹1.1 lakh crore for Railways1
Interest on PF contributions over ₹2.5 lakh to be taxed1
Govt. agrees to maintain States’ share in the divisible pool of taxes2

AGRICULTURE

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‘Consumers will not be burdened by farm cess’4
Budget sends mixed signals on farm sector7
Food subsidy budget set at almost ₹2.43 lakh crore7
Rural India’s lifeline missing in Budget speech – MGNREGA7
Budget proposes 10% customs duty on import of cotton7

INFRASTRUCTURE

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Highways Ministry gets ₹1,18,101 crore outlay5
Government to privatise seven major ports, says Sitharaman5
5 fishing harbours to be modernised5

ENVIRONMENT

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Auto sector welcomes vehicle scrappage policy4

SECURITY ISSUES

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LAC stand-off factored in for defence outlay6
Non-lapsable fund for modernisation mooted6

SOCIAL ISSUES

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137% increase in health and well-being spend8
₹50,000 cr. for National Research Foundation8
Budget for Women and Child Development shrinks8
Central varsity to come up in Ladakh8
Spending increases on schemes for Scheduled Castes8
Water supply, Swachh Bharat 2.0 missions for urban areas9