Union Budget 2021 to be presented on February 1

Union Budget 2021

The Union Budget 2021 will be presented by the Union Finance Minister Nirmala Sitharaman on February 1 at 11 am. The session will be held in two parts – from January 29 to February 15 and March 8 to April 8.

Nirmala Sitharaman has a challenging task this year as she will become one of the few Indian finance ministers who have announced a post-contraction budget. For the government, the main objective will be to boost economic growth at all costs amid the economic crisis triggered by the pandemic.

The finance minister has said that this year’s budget will be like “never before”, signaling that the government may have some big announcements lined up.

Meanwhile, a major change this year is that the Union Budget 2021 will be a completely paperless exercise in view of the Covid-19 pandemic. This will be the first time ever in the history of independent India that the Union Budget papers will not be printed.

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