Superb, progressive Budget: Amitabh Kant
New Delhi, Feb 01: A Finance Minister Nirmala Sitharaman ha presented Union Budget 2021, Amitabh Kant, NITI Aayog CEO described it saying 'Superb'.
"Superb Budget. It'll not only accelerate us in pre-COVID period recovery stage but also provide a direction for 3-4 years."
Kant also said Govt focussed on infrastructure and asset monetisation this time which shows Govt's thinking that it's essential to involve pvt sector in long run.
"It's a very practical, rational and progressive Budget. Most importantly, tax has not been tampered with and no new cesses have been imposed," said NITI Aayog CEO.
While NITI Aayog Vice-Chairman Rajiv Kumar said, the budget has raised a lot of expectations and has "fulfilled" them.
Sitharaman
today
proposed
a
sharp
rise
in
capital
expenditure
for
the
next
fiscal
to
Rs
5.54
lakh
crore,
from
Rs
4.39
lakh
crore
in
the
current
financial
year.
Presenting
the
Union
Budget
for
2021-22,
she
said
Railways
will
monetise
dedicated
freight
corridors.
The
finance
minister
gave
a
miss
to
the
traditional
'bahi
khata' as
she
opted
for
a
tab
for
the
paperless
budget
of
2021.