FDI

In a major development, she said that full-fledged degree level online courses will soon be offered by the top educational institutions in the country.

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.

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.

Referring to a series of measures taken in the field of infrastructure both in the rural and urban areas, he said that the Make in India and Start-up India projects are going to scale new heights in years to come.

This locomotive will be game changer for further movement of coal trains for Dedicated Freight Corridor. With success of this project it will boost the “Make in India” programme of the Government.

Consumer-oriented sectors may potentially pass on part of the savings in the form of discounts or price reductions to revive demand, especially in the current context of subdued consumer demand.