Budget 2021: There are many important and historical milestones which are set to witnessed by the country in the year 2021. In this article you will also go through the important deadlines fixed for many major projects and infrastructure initiated by the government as announced by Finance Minister in the Parliament during the Budget 2021.
2021 - Year of milestones for Indian history- 75th year of India’s independence
- 60 years of Goa’s accession to India
- 50 years of the 1971 India-Pakistan War
- Year of the 8th Census of Independent India
- India’s turn at the BRICS Presidency
- Year for Chandrayaan-3 Mission
- Haridwar MahaKumbh
Indian Railways have prepared a National Rail Plan for India – 2030.
The Plan is to create a ‘future ready’ Railway system by 2030.
Bringing down the logistic costs for our industry is at the core of our strategy to enable ‘Make in India’. It is expected that Western Dedicated Freight Corridor (DFC) and Eastern DFC will be commissioned by June 2022.
Government plan to continue the path of fiscal consolidation, and intend to reach a fiscal deficit level below 4.5% of GDP by 2025-2026 with a fairly steady decline over the period.
The Finance Minister proposed to extend the eligibility period for claim of additional deduction for interest of Rs. 1.5 lakh paid for loan taken for purchase of an affordable house to 31st March, 2022.
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