Finance Minister Nirmala Sitharaman has presented the Union Budget 2021-22 in Parliament. This budget has gone paperless for the first time - and the government has also unveiled a dedicated application - the Union Budget Mobile app.
National Informatics Centre and the Department of Economic Affairs (DEA) develop this app. Through the Union Budget Mobile app, users can access all budget-related documents and other information. The application is available for Android and iOS smartphones. The app includes all the documents which were presented in the parliament and will be available in a hassle-free manner. FM had earlier in January started the compilation of the budget documents. To download this app Users have to go to the Google Play Store or Apple App Play Store on their respective devices with an active internet connection. Search for the Union Budget Mobile App. Users have to download the Union Budget app by NIC e-gov mobile apps. Also, users can visit the Union Budget web portal (www.indiabudget.gov.in) and a link to download the Mobile App is there.
FM made many key announcements. She announced the set up of the bad bank to take over bad loans. FM also announced PM Aatmanirbhar Swasth Bharat Yojana to develop capacities of health care systems, develop institutions for detection and cure of new and emerging disease is the first step to boost rural health and keep country ready for emergency handling of pandemic situations In order to enhance their expansion and growth of insurance sector. She also announced to hike the FDI limit in Insurance from 49% to 74%.
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