Union Budget 2021: What gets costlier and what gets cheaper

Union Budget 2021: What gets costlier and what gets cheaper

Union Budget 2021: Union Finance Minister Nirmala Sitharaman, on February 1, 2021, presented Union Budget for 2021-22 in parliament. For the first time, a “Made in India” tablet was used to present the budget instead of “Bahi Khata.”

Quoting Rabindranath Tagore in her budget speech, FM Sitharaman said that this budget was prepared under unprecedented circumstances.

Reading her Budget speech, she talked about the 15th Finance Commission report in the parliament. However, this budget doesn’t have any relief for the middle class. Many among us are worried about the costs of daily use items.

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Let’s look at what gets cheaper and what gets costlier

Costlier

  • Mobile phones
  • Chargers
  • Power banks
  • Imported raw silk
  • Solar inverters
  • Leather items
  • Gemstones
  • Tunnel boring machines
  • Other electronics items

Cheaper

  • Gold and silver
  • Leather goods
  • Nylon clothes
  • Iron, steel and copper items
  • Costlier
  • Imported auto parts
  • Solar cells
  • Mobile phones and chargers
  • Imported gems and precious stones

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