HIGHLIGHTS at 5.45 PM

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New Delhi, Feb 1 (PTI) Following are the top stories at 5.45 pm: PAR59 BUD-LD CAPEX Capital expenditure hiked 34.5% to Rs 5.54 lakh cr in FY'22 to push growth New Delhi: To push growth via infrastructure creation, Finance Minister Nirmala Sitharaman on Monday hiked the government's capital expenditure for FY 2021-22 by 34.5 per cent to Rs 5.5 lakh crore.

PAR121 BUD-LD COVID EXPENDITURE COVID-19 relief measures led to rise in expenditure in ongoing fiscal to Rs 34.50 lakh cr: FM New Delhi: The coronavirus pandemic relief measures resulted in rise in expenditure to Rs 34.50 lakh crore in the current fiscal as against Rs 30.42 lakh crore budgeted a year back, Finance Minister Nirmala Sitharaman said on Monday.

DEL67 BUD-AGRI Govt proposes 10 pc hike in farm loan target for FY22; announces agri infra development cess New Delhi: Asserting that the government is committed towards farmers' welfare, Finance Minister Nirmala Sitharaman on Monday proposed 10 per cent hike in the farm loan disbursal target to Rs 16.5 lakh crore in the Budget, and introduced an agri-infra and development cess of up to 100 per cent to create post-harvest infrastructure for improving farmers' income.

DEL103 BUD-LD PM Budget focuses on wealth and wellness; has villages, farmers at its heart: PM New Delhi: Asserting that villages and farmers are at the heart of the Union Budget presented on Monday, Prime Minister Narendra Modi said it has put a lot of emphasis on strengthening the farming sector and increasing farmers' income while making an allocation to further empower agriculture mandis.

DEL70 BUD-LD RAHUL Govt handing over India's assets to crony capitalists: Rahul Gandhi on Union Budget New Delhi: Congress leader Rahul Gandhi hit out at the Centre on Monday following the presentation of the 2021-22 Union Budget, alleging that the Narendra Modi government plans to handover India's assets to crony capitalists.

DEL87 BUD-SUBSIDY Subsidy bill nears Rs 6 lakh cr in FY'21 mainly on extra free foograin distribution New Delhi: The government's subsidies on food, fertilisers, LPG and kerosene are pegged at Rs 5.96 lakh crore in the current fiscal, over 2.5-fold jump from the initial budget estimates as the Centre distributed additional foodgrains free of cost to help poor mitigate the impact of COVID-19 pandemic.

PAR78 BUD-BANKS-INFUSION Govt proposes Rs 20,000-cr recapitalisation for PSBs in 2021-22 New Delhi: Finance Minister Nirmala Sitharaman on Monday said the government would infuse Rs 20,000 crore into public sector banks (PSBs) in 2021-22, to meet the regulatory norms.

DCM16 BUD-DISINVESTMENT FY22 disinvestment target at Rs 1.75 lakh cr; privatisation of BPCL, Shipping Corp to be done New Delhi: The government on Monday budgeted Rs 1.75 lakh crore from stake sale in public sector companies and financial institutions, including 2 PSU banks and one insurance company, in the next fiscal year.

PAR103 BUD-RURAL INFRA FUND Rural infra development fund increased to Rs 40,000 cr in FY22: FM New Delhi: Finance Minister Nirmala Sitharaman on Monday said the allocation to rural infrastructure development has been increased to Rs 40,000 crore for the next fiscal from Rs 30,000 crore in FY21.

CAL11 WB-MAMATA-BJP BJP a gas balloon alive only in the media: Mamata Kolkata: West Bengal Chief Minister Mamata Banerjee on Monday hit out at the BJP calling it 'a gas balloon alive only in the media' and a 'washing machine' for those with ill-gotten money.

DEL86 TWITTER-ACCOUNTS-WITHHELD Twitter 'withholds' multiple accounts linked to farmers’ protest New Delhi: Twitter on Monday “withheld” multiple accounts on its social media platform including those linked with the ongoing farmers’ protest at Delhi borders against the new contentious central farm laws.

DEL14 MEA-INDIA MYANMAR COUP India expresses deep concern over coup in Myanmar; monitoring situation closely New Delhi: India on Monday expressed 'deep concern' over the military coup in Myanmar and detention of the country's top political leaders, saying it has always been steadfast in supporting the democratic transition in that country DEL11 VIRUS-LD CASES COVID-19: India records 11,427 new cases, 117 fatalities New Delhi: With 11,427 new coronavirus cases being reported in a day, India's COVID-19 tally has increased to 1,07,57,610, while the number of people who have recuperated from the disease has surged to 1,04,34,983, according to the Union Health Ministry data updated on Monday.

BUSINESS DEL102 BIZ-LD STOCKS Sensex skyrockets 2,315 pts as pro-growth Budget unleashes animal spirits Mumbai: Markets roared back to life on Monday after six days of deep declines as Finance Minister Nirmala Sitharaman presented an expansionary Union Budget for 2021-22 which sought to pull the economy out of the pandemic-induced slump through increased spending on infrastructure, healthcare and farm sectors without resorting to higher taxation.

FOREIGN FGN25 MYANMAR-4THLD COUP Military takes control of Myanmar; Suu Kyi reported detained Naypyitaw (Myanmar): Myanmar military television said Monday that the military was taking control of the country for one year, while reports said many of the country's senior politicians including Aung San Suu Kyi had been detained. PTI HDA