Finance Minister Nirmala Sitharaman has presented about the Union Budget 2021 in Parliament. The finance minister speech that commenced at 11 am on Monday is expected to provide relief to the middle class by way of income tax benefits as well as focus on higher spending on health amid the coronavirus pandemic as well as defence amid strained ties with neighbours.
In her Budget 2021 speech, Nirmala Sitharaman emphasised on healthcare, vaccine and relief for senior citizens as well. Those above 75 years of age with only pension income have been exempted from filing tax returns. The government will also provide Rs 35,000 crore for Covid-19 vaccination in 2021-22. As India emerges from the Covid-19 crisis, the ninth budget under the Prime Minister Narendra Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
While presenting Budget 2021, Nirmala Sitharaman announced the Aatmanirbhar Bharat package apart from Rs 4.12 lakh crore towards capital expenditure. She also said that economic corridors are being planned and there will be a major boost to infrastructure projects ahead of Assembly elections in Tamil Nadu, Assam and West Bengal.
This year, the budget was presented online, and the ‘digital Bahikhata’ is said to be India’s foray into the digital world. People across social media have been reacting to the Budget. Some are speaking in favour, while others are criticising the lack of emphasis on certain important sectors. Many netizens were also busy cracking jokes and sharing a bunch of hilarious memes.
HOW DID THE INTERNET REACT TO BUDGET 2021?
It is a busy day for the internet as social media users flooded with memes in the backdrop of Finance Minister Nirmala Sitharaman’s Budget 2021 speech in the Parliament on February 1. #Budget2021 and #IncomeTax are the top trends on Twitter and netizens posted hilarious memes that are doing the rounds of the internet.
Take a look at some lighthearted reactions, memes and jokes on Budget 2021 that have flooded social media.