Mahindra And Mahindra Ltd MD Pawan Goenka Speaks On Union Budget 2021 And Impact On Auto Industry

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Finance Minister Nirmala Sitharaman on Monday presented the first-ever paperless budget in a post-COVID India and based it on six pillars - health and well-being, physical and financial capital and infrastructure, inclusive development for aspirational India, reinvigorating human capital, innovation and R&D, minimum government, maximum governance.

At the start of Union Budget 2021, Finance Minister Nirmala Sitharaman quoted Rabindranath Tagore and said, called the Budget the 'dawn of a new era'. She also hailed the Indian cricket team for their recent Cricket Test series win against Australia. 'In this spirit, I can't help but recall the joy that we as a Cricket loving nation felt after Team India's recent spectacular success in Australia,' the Finance Minister said.

Finance Minister Nirmala Sitharaman on Monday announced higher capital expenditure for the FY 2021-22 and focused on providing a major boost to healthcare and infrastructure building.
In her Budget speech, Sitharaman mentioned that this year's budget focused on six pillars- Health and Wellbeing, Physical and Financial Capital, and Infrastructure, Inclusive Development for Aspirational India, Reinvigorating Human Capital, Innovation and R&D and minimum government and maximum governance.
Presenting the first-ever digital Union Budget, the minister stated that India's fight against COVID-19 continues into 2021 and that this moment in history, when the political, economic, and strategic relations in the post-COVID world are changing, is the dawn of a new era - one in which India is well-poised to truly be the land of promise and hope.

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