Finance Minister Nirmala Sitharaman switched out the Swadeshi ‘bahi khata’ with a ‘Made In India’ tablet for the Union Budget 2021-22 in Parliament on Monday (February 1).
Earlier in the day, Sitharaman was spotted carrying a tablet inside a red coloured cover which also had a golden coloured national emblem embossed on it.
This initiative to go paper-less was taken while keeping the global COVID-19 pandemic in mind.
Delhi: FM @nsitharaman & MoS Finance @ianuragthakur leave from @FinMinIndia. FM will present #UnionBudget 2021-22 at Parliament today.
For the first time ever, the #Budget will be paperless this year due to #COVID. It will be available for all as a soft copy, online#Budget pic.twitter.com/O9WtxiUOlW
— India Ahead News (@IndiaAheadNews) February 1, 2021
The Budget presentation will be underway with a speech from the FM, scheduled to take place at around 11 am.
Finance Minister had earlier launched the “Union Budget Mobile App” for easy access of the Budget documents by Members of Parliament (MPs) and for the general public using the simplest form of digital convenience, as per the Finance Ministry.
The App gives its users a complete access to the 14 Union Budget documents, which also includes the Annual Financial Statement (aka. Budget), Demand for Grants (DG), and Finance Bill as prescribed by the Constitution.
The COVID-19 pandemic, which has brought largest of economies to a grinding halt is still ravaging the world and while India is observing a welcome trajectory of the pandemic, there are concerns as to what steps would the Centre take to make up for the loss that has happened in the last one year?
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The Economic Survey presented by the Finance Minister Nirmala Sitharaman on Friday indicated the economic health of the country in the last year. As per the Survey, COVID pandemic affected both demand and supply. The Union budget is likely to propose structural reforms to revive the supply and demand of the Indian economy.
The GDP contracted by 23.9 per cent, in the quarter ending June 2020, followed by a milder contraction of 7.5 per cent in the quarter which ended in September 2020.