Interim Budget 2019

Narendra Modi to launch PM-KISAN scheme in Gorakhpur today; 'over one crore farmers' to benefit in first disbursement

Prime Minister Narendra Modi on Sunday will launch the Rs 75,000-crore Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme in Gorakhpur, Uttar Pradesh,

“What can a farmer achieve with Rs 6,000 a year?”: Rural UP reacts to Centre's income support scheme

“Sure, the scheme has been announced. But how will it actually benefit the poor if the money is eaten up by corrupt officers in the system, the way it generally happens?” a farmer from Banda questions.

Amid claims of rising unemployment, Centre says 3.79 lakh jobs were created between 2017 and 2019 in formal, unorganised sectors

As the debate intensifies over rising unemployment in the country, the Modi government claims to have generated over 3.79 lakh jobs between 2017 and 2019 in its various establishments, according to the interim budget for 2019-20.

Budget 2019 was not election-oriented; measures announced for farm sector govt's duty, not doles, says Piyush Goyal

The finance minister said Gujarat and Maharashtra are the two states to furnish details of the farmers who would be benefited by the proposed scheme.

Rationalise regime of standard deduction for salaried class; keep highly paid CEOs out of this facility

Standard deduction for the salaried class in its new avatar is one-size-fits-all — it is the same for both the CEO of a company and his lowly minion at the bottom of the heap.

Proposal to rollover capital gains for two properties is deeply flawed: Don't uncork bubbly yet, there is a catch here

Instead of putting an Rs 2 crore cap on long-term capital gains, a cap should have been put on the selling price of the original house at say Rs 4 crore.

Greater efforts needed to reduce fiscal deficit as interim Budget forecasts slower pace of fiscal consolidation, says IMF

Further steps to increase GST compliance will be critical to reach budgeted revenue goals, said Ranil Salgado, IMF mission chief for India

Finance Ministry expects Rs 69,000 cr in dividend from RBI in 2019-20; central bank has transferred Rs 40,000 cr this fiscal

The receipt from various sources, including RBI dividend, helps government meet fiscal deficit target.

'Nobody can make authentic statement on job creation as there are no reliable data', says SBI Chairman

Jobs in the manufacturing sector has seen a reduction due to use of technology and there was a lot of 'disguised unemployment.

Sushil Kumar Modi says ‘surgical strike’ of Interim Budget silenced Opposition, lauds its 'all-inclusivity'

Deputy chief minister of Bihar Sushil Kumar Modi on Friday compared the Interim Budget with the surgical strike and claimed that it has silenced the Opposition. Sushil said, “Surgical strike-type Union Budget has silenced the speech of the Opposition.