scheme for one woman in
each self-help group(SHG)
--> Government is taking a
step to focus on agriculture.
Under Pradhan Mantri
Matsya Sampada Yojana,
infrastructure problems will
be cleared in the fisheries
sector. There will be 10,000
new Farmer Producer
Organizations for over
the five years. The central
government is aiming to work
on adoption on zero budget
farming. This is for farmers
support.
--> In future days, the
government is going to
provide 70,000 crores for
recapitalization of public
sector banks.
--> The custom duty on
--> Made a target revenue
deficit which is at 2.3% of
GDP. It is higher than the
revised estimate of 2.2% in
22018-2019.
--> The expectation for
receipts is increased which
is by 14.2% to Rs 20,82,589
crore.
--> The GDP growth rate that
assumed is of 12% in 2019-
20. Whereas in 2018-19, it
was estimated at 11.5%.
--> At present, the gross
borrowing program by
the Indian government is
going to be from domestic
borrowings. There are made
plans to raise a part of
borrowings through abroad
as well.
--> As part of social justice,
there will be an overdraft
of Rs 5000 for women
of a self help group. It is
going to be applicable for
the women who have Jan
Dhan accounts. Further, the
government also gives up to
1 lakh loan under MUDRA
precious gold and metals
is increased from 10% to
12.5%.
--> Petrol and high-speed
diesel are increased by 1
rupee per liter.
Looking in the highlights of
the union budget, you will be
known- what is India up to in
every important aspect. As
the national budget impacts
the common man life, we
must be updated. Know
the changes and updated
of union budget under the
particular scenarios for better
clarity.
AUGUST 2019 | WWW.WISHESH.NET