Which of the following statements is/are correct with reference to the Budget 2021-22?

A. It is expected that the total capital expenditure during 2020-21 will be at around Rs 4.39 lakh crore.

B. More than Rs 2 lakh crore will be provided to States and Autonomous Bodies for their Capital Expenditure.

C. Both A & B

D. None of these

Explanation:

While presenting the Union Budget 2021-22 in Parliament the Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman announced a sharp increase in capital expenditure with BE of Rs 5.54 lakh crore which is 34.5% more than the BE of last financial year (Rs. 4.12 lakh crore). It is expected that the total capital expenditure during 2020-21 will be at around Rs 4.39 lakh crore. More than Rs 2 lakh crore will be provided to States and Autonomous Bodies for their Capital Expenditure. The Government will work out specific mechanisms to nudge the States to spend more of their budget on creation of infrastructure.