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Summary of Union Budget 2021 Video Lecture | Indian Economy for UPSC CSE
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FAQs on Summary of Union Budget 2021 Video Lecture - Indian Economy for UPSC CSE
| 1. What is the Union Budget 2021? |  |
Ans. The Union Budget 2021 refers to the financial statement presented by the government of India, which outlines its revenue and expenditure for the fiscal year 2021-22.
| 2. What are the key highlights of the Union Budget 2021? | |
Ans. Some key highlights of the Union Budget 2021 include an increased capital expenditure, focus on healthcare and infrastructure development, privatization of certain public sector enterprises, and the introduction of a new tax regime for senior citizens.
| 3. How does the Union Budget 2021 impact healthcare? | |
Ans. The Union Budget 2021 allocates a significant amount of funds towards healthcare, with a special emphasis on fighting the COVID-19 pandemic. It includes provisions for the expansion of healthcare infrastructure, the establishment of new hospitals and laboratories, and the implementation of various health schemes.
| 4. What is the government's plan for infrastructure development in the Union Budget 2021? | |
Ans. The Union Budget 2021 focuses on infrastructure development by allocating funds for the construction of roads, railways, ports, airports, and urban infrastructure. It aims to boost economic growth and create job opportunities through the development of robust infrastructure.
| 5. What are the changes in taxes introduced in the Union Budget 2021? | |
Ans. The Union Budget 2021 introduces a new tax regime for senior citizens, allowing them to file their returns digitally. It also proposes changes in tax slabs and rates for individuals and businesses, aimed at providing relief and encouraging economic growth.
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Nov 16, 2024 Last updated |
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