Replying to discussions on Union Budget 2020-21 in the Lok Sabha, Mrs Sitharaman said banks are now better equipped to fund growth investment.
Lok Sabha was adjourned till March 2 when 2nd phase of Budget 2020 session of the Parliament will commence.The House will now meet between March 2 and April 3 during which Union Budget will be taken up for passage.
Congress leader P Chidambaram slammed Finance Minister for failing to take enough steps to revive ailing economy. While speaking in...
PM Modi said, Government has given a lot of emphasis on four sectors agriculture, infrastructure, textiles and technology in the budget to increase the employment generation.
The Union Budget for the financial year 2019-20, presented by the Finance Minister in the Parliament envisaged a total outlay of Rs 27,86,349 crore. Out of this Rs 3,18,931.22 crore had been earmarked for Defence (excluding Defence Pension).
With an emphasis on capacity building and empowerment of marginalised sections of society including farmers, the Union Budget intends to ensure, as said by Sitharaman, that "our people should be gainfully employed.
The speech, which lasted approximately 2 hours and 40 minutes, is the longest ever in terms of duration by any finance minister.
"Rs 22,000 crore to be provided to power and renewable energy sector in 2020-21," Sitharaman said during the presentation of the Union Budget in the Parliament. She further urged the governments of all States and Union Territories to adopt pre-paid smart meters in a period of three years.
The Finance Minister said the NDA government is "committed to Open Defecation Free (ODF) plus in order to sustain ODF behavior and to ensure no one is left behind."
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).