economic survey

Kashmiri writer Dina Nath Kaul Nadim was born in Srinagar in 1916 and passed away on April 8, 1988. He mostly wrote in the Kashmiri language and his first Kashmiri poem in 1942 was dedicated to the valley -- "Maej Kashir" (Mother Kashmir).

In the Union Budget 2019-20 presented today, FM Nirmala Sitharaman laid out a 16-point action to set the agriculture sector up for better times. An allocation of Rs 2.83 lakh crore will be made for the agriculture sector, the FM announced. 

"With renewed vigour, under PM's leadership, we commit ourselves to present the people of India with all humility and dedication. People have reposed faith in our economic policy," she added.

On January 31, the Economic Survey 2020 was tabled before the Parliament as is customary the day before the presentation of the Budget. The survey stated that GDP would grow at 5 per cent this year and is expected to grow at 6 - 6.5 per cent over the next financial year.

The government is widely expected to raise spending on infrastructure and cut some personal tax to spur consumer demand and investment.

In July last year, Sitharaman had said that the Modi government is not a "suitcase-carrying government", in an apparent jibe at the past dispensations.

The Union Budget will be presented on Saturday. The first phase of the session will conclude on February 11, while the second part of the session will begin from March 2 and end on April 3.

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman presented the Economic Survey 2019-20 in Parliament on Friday.