#Finance Minister

.New Delhi, Delhi, India
PM Nirmala Sitharaman addressing post-budget press conference. (Photo Credit: ScreenGrab-YouTube/PIB)

  • The incident happened when Sitharaman was addressing the media after budget presentation
  • A female journalist was reprimanded for asking an extra question during the post-Budget press briefing
  • Why do you say that only to her? You didn't stop the guys," the finance minister said 

.New Delhi, Delhi, India
All the euphoria is despite the fact that the Budget 2021-22 is clearly debt-fuelled expansion, with the fiscal consolidation goal kicked much further down the road. (Photo credit: PTI)

  • The only segment not erupted in loud hurrahs after Budget 2021-22 announcement is the Aam Aadmi
  • Capital expenditure for 2021-22 has been raised by a third or 34.5% to Rs 5.5 lakh crore from Rs 4.39 lakh crore in the revised estimates of current fiscal
  • The Asset Reconstruction and Management Company which Sitharaman talked about will act as an aggregator of all stressed assets (bad loans)

.New Delhi, Delhi, India
Finance Minister Nirmala Sitharaman holds a folder case containing the Union Budget 2021-22 during the Budget Session of the Parliament in New Delhi. (Photo Credit: PTI)

  • The Finance Minister said, "Faith is the bird that feels the light when the dawn is still dark"
  • She said the budget was prepared under circumstances that had never been seen before
  • Several relief packages have been announced by Nirmala Sitharaman in the Budget 2021

.New Delhi, Delhi, India
The government had proposed to build 910 km of Metro projects of various kinds across India. (Photo Credit: Unsplash)

  • 702 km of metro rail is already in operation while 1,016 km is at work, Sitharaman said
  • A 'Metro Neo' corridor is a no-frills, low-cost urban transit system
  • Cities like Nashik in Maharashtra and Warangal in Telangana have been pitched for Metro Neo systems

Union Finance Minister Nirmala Sitharaman on Monday presented the Union Budget 2021-22. (Photo Credit: ScreenGrab-YouTube/RSTV)

  • Free cooking gas LPG scheme, Ujjwala will be extended to one crore more beneficiaries
  • The annual budget 2021 was announced by Finance Minister on February 1 at 11 am
  • She said that fuel for cooking and driving will be expanded to 100 districts

.New Delhi, Delhi, India
Finance Minister Nirmala Sitharaman will present Union Budget 2021 through a tab. (Photo credit: ANI)

  • Nirmala Sitharaman is presenting her third budget on Monday
  • Sitharaman walked out of the Finance Minister with a red folder containing a tablet
  • She will present India's first paperless budget

.New Delhi, Delhi, India
Union Finance Minister Nirmala Sitharaman during a pre-budget meeting with industrialists. (Photo credit: PTI)

  • All will be hoping to see how the FM brings the pandemic-ravaged nation back on its track
  • Expectations are high, going into this budget, said an economist
  • The Centre has to juggle between limited resources and a pressing need for social spending

.New Delhi, Delhi, India
Similar to last time, Rajya Sabha and Lok Sabha would meet every five hours in shifts. (Screengrab: Youtube/Rajya Sabha TV)

  • The Budget session of Parliament began on January 29, 2021
  • Finance Minister Nirmala Sitharaman presented the Economic Survey
  • The current fiscal year would see the GDP contract by 7.7% as estimated by the Economic Survey


.New Delhi, Delhi, India
Nirmala Sitharaman had first presented the budget in 2019. (Photo Credit: PTI)

  • A day after the presentation of the Budget, a general discussion takes place
  • Following the discussion, the House is adjourned for a fixed period
  • While the budget is discussed in both the Houses, only the members of Lok Sabha vote on demands for grants

.New Delhi, Delhi, India
The Finance Ministry started the preparations for the Union Budget in October. (Photo Credit: PTI)

  • Finance Minister Nirmala Sitharaman will present the Union Budget on February 1
  • The mega exercise is a long-drawn process and involves various levels of secrecy and security
  • The officials involved in the printing live within the North Block basement area