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Published 16:36 IST, February 1st 2021

Budget 2021 will help few big companies, saddle us with inflation: Kejriwal echoes Rahul

After FM Nirmala Sitharaman presented the Union Budget 2021 in Parliament, Delhi CM Arvind Kejriwal said that the budget will only benefit a few big companies

Reported by: Gargi Rohatgi
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As Finance Minister Nirmala Sitharam presented Union Budget 2021-2022 on Monday, Delhi Chief Minister Arvind Kejriwal said that this budget is to benefit a few big companies only. Taking to Twitter, the Delhi Chief Minister also said that Union Budget 2021-22 will only work to increase the problems of the common people with inflation. 

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CM Arvind Kejriwal condemns Union budget 2021-22

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Budget proposals rest on 6 pillars: FM Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman stated that the Budget 2021-2022 proposals are based on the following six pillars:

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  • Health & well-being
  • Physical & financial capital & infrastructure
  • Inclusive development for aspirational India
  • Reinvigorating human capital
  • Innovation & R&D
  • Minimum Govt and Maximum Governance

Centre's efforts during COVID-19 lockdown

Highlighting the Centre's efforts to tackle the situation during the lockdown, Sitharaman remarked that "The Government stretched its resources for the benefit of the poorest of the poor. The PM Garib Kalyan Yojana, the three Aatmanirbhar Bharat packages, and subsequent announcements were like five mini-budgets in themselves."

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While talking about the role played by self-reliant India or Aatmanirbhar Bharat package in 2020, she stated, "In May 2020, Government announced the Aatmanirbhar Bharat package, to sustain the recovery further we also rolled out two more Atmanirbhar packages. The total financial impact of all packages including measures taken by RBI was estimated to be about Rs 27.1 lakh crores."

"Within 48 hours of announcing a three-month-long complete lockdown, the Prime Minister had announced the Pradhan Mantri Gareeb Kalyan Yojna valued at 2.76 lakh crores which provided free food and grains to 800 million people, free cooking gas for 80 million families for months, and cash directly to over 400 million farmers," the FM said while focussing on the contribution of the PM Garib Kalyan Yojana.  

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16:36 IST, February 1st 2021