India Union Budget 2021-22: FM Sitharaman announced special infrastructure projects for the poll-bound states of Assam, West Bengal, Kerala and Tamil Nadu.
The new provision to incentivize the incorporation of One Person Companies is also a welcome move that will boost innovation and entrepreneurial spirit.
Union Budget 2021: With assembly elections approaching, poll-bound states found a special mention in the Budget speech by Finance minister Nirmala Sitharaman this year. FM Sitharaman announced special infrastructure projects for the poll-bound states of Assam, West Bengal, Kerala and Tamil Nadu. During the budget presentation, she announced 3500 kms of national highway works in the state of Tamil Nadu at an investment of Rs 1.03 lakh crore. The works include the Madurai-Kollam corridor, and Chittoor-Thatchur corridor. The construction will start next year. The assembly election in Tamil Nadu is due to be held in April-May this year
FM Sitharaman also announced 1100 km of national highway works in the state of Kerala at an investment of Rs 65,000 crore, including 600 km section of the Mumbai-Kanyakumari corridor. She also announced 6700 km of highway work in the state of West Bengal at the cost of Rs 25,000 crore, including upgradation of existing roads Kolkata-Siliguri.
Sitharaman informed that national highway works of Rs 19000 crore was currently in progress in the state of Assam. She said further works of Rs 34,000 crore covering more than 1300 kms of national highways will be undertaken in the eastern state in the next three years. All three states too will have elections in the next few months.
Of these four states, the BJP has presence in two — West Bengal and Assam — and wants to make inroads in Kerala and Tamil Nadu, where it is in alliance with the ruling AIADMK.