Union Budget 2021-2022 [Live Updates]

Finance Minister Nirmala Sitharaman on Monday commenced presentation of the Budget for 2021-22 in the Lok Sabha. India's first Budget post the onset of Covid-19 pandemic is being presented in Parliament which is her her third and most significant Finance Bill

This year's Budget assumes significance as the Centre has to play a balancing act between inducing fiscal expansion, giving demand stimulus and maintaining the deficit under control.

Sitharaman, who had in her first budget in 2019 replaced leather briefcase that had been for decades used for carrying budget documents with a traditional red cloth 'bahi-khata', had earlier this month stated that the budget for the fiscal year beginning April will be "like never before".