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The budget presented by Union Finance Minister Nirmala Sitharaman seems to be a balanced budget. The Economic Survey estimates are modest.
The proposal in the Budget to set aside 25% of the defence R&D budget for start-ups and private entities is an excellent move.
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The proposals of budget also advance the opportunity for self-reliant India amid the COVID pandemic. However questions regarding simplification of taxation compliances remained unanswered.
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