May 02, 2024-Thursday

select city

Metro cities - Delhi, Mumbai, Chennai, Kolkata

Other cities - Noida, Gurgaon, Bengaluru, Hyderabad, Bhopal , Chandigarh , Dehradun, Indore, Jaipur, Lucknow, Patna, Ranchi

Thursday, May 02, 2024
ADVERTISEMENT
See new updates

Analysis of Budget 2020 presented by FM Nirmala Sitharaman in Parliament

Union finance minister Nirmala Sitharaman once again opted for the traditional 'bahi-khata' to present Budget 2020-21.

By HT Correspondent | Updated: Feb 01, 2020 14:43 IST
Analysis of Budget 2020 presented by FM Nirmala Sitharaman in Parliament
Union finance minister Nirmala Sitharaman is presenting Budget 2020-21 on Feb 1, 2020.

Union finance minister Nirmala Sitharaman is presenting Union Budget for the financial year 2020-21 in Parliament on Saturday. This is the minister's second budget.

Like last year, the finance minister arrived at the Parliament in the morning with the traditional 'bahi-khata. She was accompanied by her deputy, minister of state Anurag Thakur.

In the Economic Survey, released on Friday, the government predicted that economic growth would pick up to 6.0% to 6.5% in the fiscal year beginning April 1, but also warned that it may have exceeded its deficit target to revive growth.

Follow the live updates here

12:12 PM IST

Delhi-Mumbai e-way to be completed by 2023

FM Nirmala Sitharaman : The Delhi-Mumbai Expressway will be completed by 2023; Chennai-Bengaluru Expressway to be launched

12:05 PM IST

130% increase in development and promotion of comm & industry

Huge 130% increase in development and promotion of commerce and industry to 27,300 Crore , says HT Editor Sukumar Ranganathan

12:03 PM IST

27,300 cr allocation for industry and commerce sector

Finance Minister Nirmala Sitharaman announces allocation of 27,300 cr for development and promotion of industry and commerce sector for FY 2020-21

12:00 PM IST

Degree-level online education programme to be offered

On the finance minister's announcement of a degree-level full-fledged online education programme to be offered by institutes in top 100 in National Institutional Ranking Framework, HT Editor Sukumar Ranganathan says it is a pretty big deal.

11:57 AM IST

Attempt to strengthen health infra

The proposal to attach a medical college to a district hospital in PPP mode seems to be a clear attempt to strengthen health infra at district level, says HT Editor Sukumar Rangnathan.

11:57 AM IST

Proposal to attach medical college to district hospital

FM Nirmala Sitharaman: There is a shortage of qualified medical doctors both general practitioners and specialists; it is proposed to attach a medical college to a district hospital in PPP mode; details of the scheme to be worked out soon.

11:57 AM IST

New education policy to be announced soon

Centre to announce new education policy soon; govt received over 2 lakh suggestions on it: FM

11:46 AM IST

Allocation of 2.83 lakh cr for agriculture, allied activities

For sector comprising agriculture, allied activities, irrigation and rural development, an allocation of 2.83 lakh crores has been made for 2020-21.

This is an increase of 10% over last year, says HT Editor Sukumar Rangnathan

11:44 AM IST

States asked to adopt 3 central model laws

States are asked to adopt 3 central model laws on Agricultural land leasing, marketing and contract farming

11:36 AM IST

Cold Storage Rails gets a thumbs up

On the FM's announcement on Kisan Rail, HT Editor Sukumar Ranganathan says, "kisan rail. Nifty idea. And new. "

11:33 AM IST

Indian Railways to set up Kisan Rail to build cold supply chain

To build a seamless national cold supply chain for perishables, Indian Railways will set up Kisan Rail through PPP model so that perishable goods can be transported quickly, says FM. Krishi Udaan will be launched by MoCA on international and national routes.

11:32 AM IST

Solar generation on fallow land to boost incomes can can both ways

Solar generation on fallow land to boost farm incomes. HT Editor Sukumar Rangnathan believes it can cut both ways.

11:32 AM IST

Action point for agriculture

Action point for agriculture according to FM : Encourage states to adopt three model laws, one on land leading, another amending APMC, and third allowing contract farming. Remains to be seen what form this encouragement takes, says HT Editor Sukumar Rangnathan

11:25 AM IST

Doubling farmer incomes will help cause of demand

Finance minister's commitment to doubling farmer incomes is important as a rural boost will help the cause of demand, says HT Editor Sukumar Rangnathan

11:32 AM IST

Aspirational India, growth for all, caring society: Themes of budget

Themes of budget according to Finance Minister: Aspirational India (health, education, jobs); growth for all; and a caring society, says HT Editor Sukumar Rangnathan

First published: Feb 01, 2020 10:21 IST