Budget 2021: What Became Costlier, What Got Cheaper - Check Complete List

While presenting her first Budget in 2019, FM Sitharaman had replaced the traditional Budget suitcase with 'Bahi Khata' and this time around it was repalced by a 'Made In India' tablet. 

Union Budget 2021: Finance Minister Nirmala Sitharaman on Monday presented her third Union Budget in the Parliament which the government said to be all inclusive and major step towards 'Aatmanirbhar Bharat'. The Budget is said to be special in several ways as it was tabled amid the ongoing Coronavirus pandemic and severe economic crisis. FM Sitharaman started her Budget speech menting about Covid-19 crisis and hailed India's efforts and willingness to defeat the pandemic to a large extent. 

Budget 2021 was also the first-ever paperless Budget in the history of independent India. While presenting her first Budget in 2019, FM Sitharaman had replaced the traditional Budget suitcase with 'Bahi Khata' and this time around it was repalced by a 'Made In India' tablet. 

Announcing big-ticket schemes and funds for sectors such as healthcare, railways, infrastructure, FM Sitharaman paved for revival of economy which was almost brought to a standstill last year. The Budget 2021 also highlights Modi government's vision for Atmanirbhar Bharat or Self reliant India.

With several mega announcements, let us have a look at what became costly and what became cheaper after Finance Minister's Budget 2021:

Costlier:

Electronics goods

Mobile

Charger

Power Banks

Solar Inverters

Gem Stones

Leather shoe

Kabuli chana

Pulses

Urea

Automobile parts

LED lamps, parts and spares such as printed circuit board

Solar inverters and lanterns

Cheaper:

Gold and gold ore

Silver and silver ore

Iron

Steel

Steel utensils

Nylon clothes

Agricultural equipment

Copper products

Insurance

Electicity

Stay tuned to know the items that will become costlier and cheaper post Union Budget 2021-22

During her Budget speech, Finance Minister announced a 2.5 per cent increase in customs duty on mobile chargers and some sub-parts of phones, a move that will make phones more expensive. "Withdrawing exemptions on parts of chargers and mobile phones will boost local manufacturing of smartphones. Domestic electronic manufacturing has grown rapidly. We are now exporting items like mobiles and chargers," Sitharaman said in Parliament. 

Meanwhile, FM Sitharaman also proposed a Rs 1,500 crore scheme during her budget presentation to boost digital payments mechanism in the country. Sitharaman also said that the government has worked out the modalities for the National Research Foundation (NRF), which was announced in her Budget speech of 2019.