42 urban centres with million-plus population to benefit; vehicle scrapping policy another measure towards cleaner air
Sitharaman's budget offers no relief to industries that were among those that suffered the most due to the Covid-19 outbreak
It is expected to spur new purchases in exchange for government incentives, and encourage people to own fuel-efficient, environment-friendly vehicles
Government allocates record amounts to roads and railways, looks to privatise port management and power distribution
While the sector sees a significant drop in allocation, the finance minister focuses on increasing access to education and lays down a broad implementation plan for the NEP
A large portion of the increase in spending in FY21 and 22 is on capital expenditure
Bad bank to de-clog banks' balance sheets and free up capital to fund growth; two banks and one GIC to be privatised, govt says, and more
Excise and customs duties rejigged to create an earmarked corpus for development activities
Finance Minister Nirmala Sitharaman allows NRIs to set up one-person companies and eliminates double taxation for the community
While the finance minister introduced agricultural cess and focused on MSP's significance, the budget saw no mention of farm laws or any guarantees about a continuation of MSP, a key expectation from the budget
Budgetary allocations focus on various determinants of health ranging from vaccination and nutrition to sanitation and pollution, so all eyes are on how much funds will finally be made available by the Centre and states to strengthen health systems on the ground