Yeh Budget hai ya OLX? Twitterati react to Budget highlights

In the Union Budget 2021-22, the government has pegged the disinvestment target for FY22 at Rs 1.75 lakh crore. This will include the reduction of the Centre's stake in two state-owned banks and a general insurance company, and large-scale asset sales.

The divestment programme will also include the planned initial public offering (IPO) of Life Insurance Corporation of India (LIC) and the privatisation of Air India, Bharat Petroleum Corporation Ltd (BPCL), Container Corporation of India Ltd, or CONCOR, and Shipping Corporation of India (SCI).

Sitharaman also said the Centre has decided to keep only four sectors as 'strategic', in which the government will have a presence. In all other sectors, over a period of time, all public sector undertakings (PSUs) will be privatised.

Several users took to Twitter to criticise various proposals made in the Budget: