Development Through Six Pillars: Budget 2021

Development Through Six Pillars: Budget 2021 Shashank Vikram Pratap Singh Assistant Prof. Shri Ram College of Commerce University of Delhi. Honorable Finance Minister (FM) Nirmala Sitharaman presented the third union budget of Modi government 2.0 at a time when India along with the world is witnessing one of the biggest health crises of centuries. Covid-19 lead staggering negative growth; historical slowdown in major sectors and overall destabilized macroeconomic variables would have made the unusual exercise of budget preparation for the key personal at the ministry of finance in the North Block. FM and her team had the responsibility to bring back the lost glory and stimulate the growth and reestablished the sense of achieved wellbeing, social fabric and community capital among the people of the county. To achieve these ambitious aspirations, FM set six pillars namely: Health and wellbeing; Infrastructure; Inclusive development; Developme...