Budget Analysis 2021
- 5 December 2023
- Posted by: Admin
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The Budget for 2021-22 arrives amidst the backdrop of a global and Indian business landscape grappling with the aftermath of the Covid-19 pandemic. This pivotal moment sees both economic and psychological impacts in play. In response, the budget introduces stimulus measures aimed at bolstering industrial activity, fostering increased demand, and steering the trajectory towards post-pandemic recovery. Notably, a significant allocation of Rs 35,000 crore has been earmarked for the COVID-19 vaccination program. This injection of funds not only signifies a crucial step in safeguarding public health but also promises to inject fresh momentum into the economic recuperation process. With a strategic focus on revitalizing various sectors and instilling confidence among businesses and consumers alike, the Budget 2021-22 endeavors to navigate the nation towards stability and growth in the wake of unprecedented challenges.
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