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| FM proposes farm cess of Rs 2.5/litre on petrol, Rs 4/litre on diesel | | | New Delhi: Finance Minister Nirmala Sitharaman has begun delivering her Budget speech that is expected to provide relief to the pandemic-hit common man as well as focus more on driving the economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours.
As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
Departing from the usual practice, the Finance Minister is presenting and read out the Union Budget 2021-22 at the Parliament through a tab, instead of the traditional 'bahi khata'. |
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