UNION BUDGET 2019 20
Trade unions’ mixed response to the Budget
According to AITUC, the budget is full of rhetoric and slogans, means another round of setbacks to working people and farmers, as it is devoid of any commitment and budget allocation to free them of indebtedness.
Budget 2019: Rs 3.18 lakh crore allocated to defence budget
The allocation of Rs 3.18 lakh crore has been estimated at around 1.6 per cent of...
Budget 2019: FM Nirmala Sitharaman shuns wealth tax, but increases surcharge for super rich
Wealth tax was abolished in the Budget 2015 as th...
Budget 2019: Marginal increase in allocation for CBI
According to the Budget document, the CBI received an increase from Rs 778.93 crore allocated last year to Rs 781.01 crore.
Subdued tax revenue growth suggests likely fiscal slippage in FY20: ICRA
The fiscal deficit rose by 9.6 per cent to Rs 6.5 lakh crore in the April to September period (H1 FY20) from Rs 5.9 lakh crore in H1 FY19. This was equivalent to 92.6 per cent of the revised budget estimate for FY20, largely similar to the situation in H1 FY19 (92.2 per cent of the FY19 provisional accounts).
SCI, Concor, Pawan Hans in govt shortlist for strategic asset sale
Sources said the government has identified four companies for strategic stake sale this financial year.
View: Fresh ideas must lead to action
An entire chapter is devoted to data with focus on it as a public good. This is a refreshing take.
Public-private partnership to be unleashed to develop rail infrastructure: FM
Given the expenditure of Rs 1.4 to 1.6 lakh crore per year, it could take decades to complete the projects.
Our job creators are our wealth creators: Sitharaman praises India Inc
"India Inc, our job creators, is the nation's wealth creators. Together, we can prosper. I wish to propose a number of reforms to kick start virtuous cycle of growth," she said.
Budget 2019 is completely visionless: Mamata Banerjee
TMC Rajya Sabha party leader Derek O' Brien said the government is still selling dreams and not delivering.
Budget 2019: Govt will invest widely in agricultural infrastructure
FM Sitharaman said the government proposes Pradhan Mantri Matsya Sampada Yojana to address critical infrastructure gap in fisheries sector.
View: Navigating the path to $5 trillion
The survey made a case for labour reforms along with redesigning a minimum wage system for inclusive growth.
Budget 2019: RTI propagation funds slashed by about 38 per cent
Finance Minister Nirmala Sitharaman announced an allocation of Rs 5.5 crore for the 'CIC and RTI' as compared to Rs 9 crore allocated in the Budget for 2018-19.
Delhi Metro given grant of over Rs 400 crore in Union Budget
The Delhi Metro's current operational span is 342 km with 250 stations.
Budget revealed govt's intention to 'aggressively' push privatisation: Railway Union
The Budget reveals the government's intentions to aggressively proceed towards corporatisation and privatisation.
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