Budget 2021 Date, Time: Budget is one of the biggest news of the year, and this time the annual union budget talks will begin on Friday, January 29, 2021, and will be represented on the next working day on Monday, February 1, 2021.
Just like the previous years, the Union Budget 2021 will be tabled at the Lok Sabha on February 1 and this year it will be done on Monday. It will mark as the third budget for Nirmala Sitharaman as the finance minister of India, under the National Democratic Alliance (NDA) government led by Prime Minister Narendra Modi.
When will the Economic Survey be presented?
The Economic Survey 2020-21 will be tabled in the Parliament on Friday, January 29, 2021, by Finance Minister Nirmala Sitharaman, which surprisingly has been preponed by 2 days before the Union Budget gets normally presented.
Generally, the Economic Survey is presented on the opening day of the Budget Session and provides a summary of annual economic development across the country during the financial year.
What Economic Survey would consist?
The economic survey helps in analysing the trends in money supply, infrastructure, agricultural and industrial production, employment, prices, exports, imports, foreign exchange reserves as well as other relevant factors that have an important impact on the economy and the budget. This year, the union budget talks had been preponed keeping in mind to get the economy in line due to coronavirus (covid-19).
The Economic Survey is one of the most important annual document of the Finance Ministry as it provides information on the resource allocations as per the budget. This document is prepared under the guidance of the Chief Economic Advisor (CEA) to the central government. Today, the CEA had called the meeting and press conference at 2:30 pm.
Where to watch the Union Budget 2021?
The Union Budget 2021 and Economic Survey will be telecasted LIVE on Lok Sabha TV. Separately, it will be telecasted on multiple social media platforms such as YouTube and Twitter. For more updates stay tuned.
