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Positive Budget News

Budget makes us believe India can become a $10-trillion economy: Amitabh Kant

For the near term, the budget proposed game-changing reforms to increase the contribution of agriculture and specially the ru...

Budget 2019: A fine balancing act between fiscal prudence & development

On the fiscal front, the government has adhered to fiscal prudence.

Budget 2019: View- Sops for taxpayers, farmers to give consumption a Rs 93,000-cr boost

The budget rightly focuses on consumption and rural theme. With farm distress clearly visible, the allocation for the agraria...

Budget 2019: Dole 16% of cultivators’ income from farming

The PM Kisan Samman Nidhi (PMKISAN) launched on Friday will benefit 120 million farmers.

Budget 2019: Paving road to recovery by easing loan load

Farm loan defaults are estimated to account for 8.3% of total bank non-performing assets. Banks lend up to Rs 3 lakh to farme...

Budget 2019: Sweat, toil and now pension for daily-wager

The Shram-Yogi Maandhan will cover those with monthly income of up to Rs 15,000, providing an assured monthly pension of Rs 3...

Budget 2019: Huge gift for the poor, pension for maids, drivers, plumbers

Pradhan Mantri Shram Yogi Mandhan will give monthly pension of Rs 3000, with contribution of Rs 100 a month.

Ayushman Bharat gets a Rs 6,400-crore cover in Goyal's budget

An additional Rs 156 crore is expected to come from the budgetary allocation for the Rashtriya Swasthya Bima Yojana (RSBY) as...

Budget as poll slogan: Jai kisan, jai gareeb insaan, jai taxpayer

The BJP defeat in key state polls recently has more or less decided that the government would use the interim Budget as a veh...

The move that may've just made your affordable home really affordable

Affordable housing projects registered up to 2020 would have tax exempted under 80 I B. This one year exemption would benefit...

Goyal optimistic of govt meeting Rs 80,000-cr disinvestment target

Goyal optimistic of govt meeting Rs 80,000-cr disinvestment target

The government has raised Rs 35,100 crore from asset sale so far in FY19.

Cash dole for farmers, pension for unorganised sector, IT exemption limit doubled to Rs 5 lakh

Cash dole for farmers, pension for unorganised sector, IT exemption limit doubled to Rs 5 lakh

Goyal said it will benefit 12 crore farmers and will be implemented from this fiscal itself.

MHA gets Rs 1.03 lakh cr; focus on border infra, police modernisation

MHA gets Rs 1.03 lakh cr; focus on border infra, police modernisation

In this budget, Rs 5,117 crore has been allocated for development of police infrastructure, including constructions of barrac...

National Education Mission gets Rs 38,572 crore in budget

National Education Mission gets Rs 38,572 crore in budget

A part of this budget component, that is, Rs 2,100 crore, is meant for higher education, which will go towards the Ministry o...

Budget proposes to abolish tax on deemed rent from 2nd vacant house

Budget proposes to abolish tax on deemed rent from 2nd vacant house

As per the current income tax laws, notional rent is payable if one has more than one self-occupied house.

How today's budget gave little to the rich and a lot to the poor

How today's budget gave little to the rich and a lot to the poor

The bigger gainers are all individuals with net taxable income up to Rs 5 lakh who will not have to pay any tax as per Budget...

FM Piyush Goyal lays out 10 dimensions of Centre's Vision 2030

FM Piyush Goyal lays out 10 dimensions of Centre's Vision 2030

While presenting the Interim Budget 2019-20 in the Lok Sabha, Goyal said the dimensions will pave the way for the country to ...

Govt's own Amazon saw Rs 17,500-cr buy & sale in last 2 years

Govt's own Amazon saw Rs 17,500-cr buy & sale in last 2 years

The commerce and industry ministry launched the GeM in August 2016 with the objective of creating an open and transparent pro...

Government to create 1 lakh digital villages in 5 years: Piyush Goyal

Government to create 1 lakh digital villages in 5 years: Piyush Goyal

Presenting the concept in the interim Budget, the finance minister said that the government has set an aim of buidling 1 lakh...

Farmers owning land of up to 2 hectares to get Rs 6,000 a year

Farmers owning land of up to 2 hectares to get Rs 6,000 a year

The money will be transferred directly to accounts in three tranches. The package will cost Rs 75,000 crore.

Big number, this: Rs 60,000 crore set aside for MGNREGA this year

Big number, this: Rs 60,000 crore set aside for MGNREGA this year

Announcing the highest-ever allocation to MGNREGA in his 2015-16 Budget speech, Jaitley gave Rs 34,699 crore to the scheme, n...

Road construction trebled under Pradhan Mantri Gram Sadak Yojana: FM

Road construction trebled under Pradhan Mantri Gram Sadak Yojana: FM

FM Goyal said 143 crore LED bulbs were made available for lower and middle class families. The use of LED bulbs saved power b...

Goyal announces 2% interest subvention for farmers hit by natural calamities

Goyal announces 2% interest subvention for farmers hit by natural calamities

There is need for structured income support for poor, landless farmers to meet input cost, the FM said, adding that the gover...

India to lead the world in transportation sector: FM Piyush Goyal

India to lead the world in transportation sector: FM Piyush Goyal

Presenting the Interim Budget for 2019-20 in the Lok Sabha, Goyal also said the usage of such green technologies would help t...

At Rs 3 lakh crore, here comes India's largest-ever defence budget

At Rs 3 lakh crore, here comes India's largest-ever defence budget

However, going by the figures provided by the Defence Ministry last year, the hike is only Rs 9,785 crore, which is a meagre ...

Railways in Modi's last Budget, capex at record Rs 1.6 lakh crore

Railways in Modi's last Budget, capex at record Rs 1.6 lakh crore

Goyal announced capital support for railways at Rs 64,587 crore for FY20 in his Budget 2019 speech.

India brightest spot in the world; GDP growth fastest in last 5 years: Goyal

India brightest spot in the world; GDP growth fastest in last 5 years: Goyal

Presenting the Interim Budget for 2019-20 in the Lok Sabha, Goyal said India has been recognised as the brightest spot in the...

Have mandate to continue reforms, moving towards New India by 2022: Goyal

Have mandate to continue reforms, moving towards New India by 2022: Goyal

Prime Minister Narendra Modi-led government's sixth and final budget before the polls due by May is an interim budget or a 'V...

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