Top
Begin typing your search above and press return to search.
keyboard_arrow_down
Login
exit_to_app
Going beyond birthday celebration
access_time 18 Sep 2020 6:05 AM GMT
Periyar@142-Revolutionary and Visionary
access_time 17 Sep 2020 11:57 AM GMT
The word of caution from the highest court
access_time 17 Sep 2020 6:31 AM GMT
access_time 16 Sep 2020 5:58 AM GMT
access_time 15 Sep 2020 6:19 AM GMT
DEEP READAll arrow_drop_down
The ogres in the mind
access_time 8 Sep 2020 11:27 AM GMT
Why worry about populism?
access_time 4 Sep 2020 9:51 AM GMT
Media mind-set towards minorities
access_time 15 July 2020 4:29 PM GMT
exit_to_app
Homechevron_rightBusinesschevron_rightEvery FY21 budget...

Every FY21 budget assumption will have to be reviewed: FM

text_fields
bookmark_border
Every FY21 budget assumption will have to be reviewed: FM
cancel

New Delhi: Every assumption made in the 2020-21 Union Budget, presented in February, would have to be reviewed in view of the coronavirus pandemic, said Finance Minister Nirmala Sitharaman, here on Saturday.

"Every assumption made in the budget 2020 (2020-21) are at stage where unless I review them they are not going to hold good," the Finance Minister said.

In an interaction with Nalin Kohli, Bharatiya Janata Party national spokesperson, she said despite the unforeseen situation and fall in revenue, the central government had devolved in April and May every budgetary proportion allocated to the states.

She said revenues had come down not just for the states but also for the Centre. "Notwithstanding these realities, I have devolved in April and May everything that I have to devolve as per the assumptions placed in the budget of February 2020."

On the criticism by some state governments that the Centre has not paid attention to them, Sitharaman said, "Its completely untrue and not acceptable at all."

She said the situation was "definitely different" from what she had presented in the budget.

Show Full Article
TAGS:
Next Story