Union Budget 2021 Highlights: Income Tax Relief for Senior Citizens, 2 Public Sector Banks to Be Divested Sitharaman said that t...

Union Budget 2021 Highlights: Income Tax Relief for Senior Citizens, 2 Public Sector Banks to Be Divested

Sitharaman said that the preparation for this budget was like never before, because of Covid-19. "We could not have imagined last year that global economy which was already suffering will have to endure loss of near and dear ones due to pandemic," she said.

Sitharaman said that the government stretched its resources to provide for all walks of society

This budget is a first of its kind, with Covid-19 restrictions in place. Even the Bahi Khata went digital with Sitharaman carrying a made India tablet, keeping in line with the government's push for Atmanirbhar Bharat.

The finance minister said that there are six pillars of the budget — health and well-being, physical and financial capital, and infra inclusive development, human capital, innovation and R&D, minimum government, maximum governance.