Finance Minister Nirmala Sitharaman on Monday announced Budget 2021. She said that the country's healthcare spending would be doubled to Rs 2,23,846 crore and added that Rs 35,000 crore would be spent on Covid vaccines. Capital expenditure will be increased to Rs 5.54 lakh crore, which is around 34 percent higher than last year. The government also announced infrastructure projects in several states. Will this Budget diminish the financial problems of people amid the coronavirus? Will this Budget accelerate the country's economic growth? Dr Prannoy Roy analyses with a panel of experts.
Here are the highlights of Dr Prannoy Roy's analysis:
Naina Lal Kidwai: The heavy industry sectors are only now beginning to pick up. Infrastructure spending will certainly help it. Many have used the Covid period to cut costs.
TV Narendran: (On Capex) Any incremental money coming in is good. The focus is good. The industry is optimistic because a lot of things we have been asking have been done.
Kiran Mazumdar Shaw: For health, Rs 35,000 crore expenditure on vaccines and Rs 65,000 crore over 6 years is a welcome development...It is a good start but it must be a recurring thing. 
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