Nirmala Sitharamans concludes presentation of the first Budget of the decade, highlights priority sectors, provides roadmap of reducing the fiscal deficit

Addressing the health sector's needs was a necessity, says Sitharaman on Budget 2021.Nirmala Sitharaman concludes the first Budget presentation of the decade, highlights priority sectors, provides roadmap of reducing the fiscal deficit.

What gets cheaper

• Gold and gold dore
• Silver and silver dore
• Other precious metals like platinum and palladium
• Medical devices imported by the international organisation and diplomatic missions

The imported items that will get more expensive, starting today

• Compressors for refrigerators and air conditioners
• LED lamps, parts and spares such as printed circuit board
• Raw silk and cotton,
• Solar invertors and lanterns
• Automobile parts such as safety and toughened glasses
• Windscreen wipers
• Signalling equipment
• Mobile phone parts like PCBA
• Camera module
• Connectors
• Back cover, side keys, Mobile phone charger components
• Inputs or raw materials of Lithiumion battery
• Ink cartridges and ink spray nozzle
• Finished leather products
• Nylon Fibre and Yarn, Plastic builder wares
• Cut and polished synthetic stones, including cut and polished cubic zirconia.

As the Covid-19 pandemic hit India last year, the government witnessed a rising expenditure and tumbling revenue, even as economic activity came to a standstill due to the pandemic-induced lockdown. However, the economy is now in a recovery mode. On Friday, the government tabled the Economic Survey 2020, which pegged India's real GDP growth at 11 per cent in FY22.