UNION BUDGET 2019-20
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Union Minister Sh. Piyush Goyal presenting the Union Budget 2019-20
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HIGHLIGHTS & ANALYSIS
Budget 2019 Highlights :
12:30 pm: Rail Budget 2019: Focus on Speed, Service and Safety
12:22 pm: Piyush Goyal has set the railway capex for FY20 at record Rs 1.6 lakh crore. Budget 2018-19 had set capital expenditure for railways at Rs 1.48 lakh crore.
12:20 pm: Railway capital expenditure goes up from Rs 53,060 crore in FY19 to Rs 64,586 crore in FY20
12:17 pm: “We are poised to become a 5 trillion dollar economy in the next five years, we aspire to become a 10 trillion dollar economy in the next eight years,” said Goyal
12:16 pm: “The government envisions to create next-generation infrastructure,” said Goyal
12:14 pm: Piyush Goyal announced a Rs 64,587 crore outlay for Indian Railways for the upcoming financial year 2019-2020
12:07 pm: “For the upcoming financial year 2019-2020, an operating ratio of around 95% will be targeted by Indian Railways,” said Goyal.
12:00 pm: “2018: safest year for Indian Railways,” said Goyal.
11:57 am: “Our commitment to promote renewable energy is reflected in our initiative to set up International Solar Alliance; installed solar generation capacity has increased 10 times in last five years; lakhs of new jobs being created by the sector,” said Goyal.
11:55 am: “Railway Budget Capital Support to be 64587 Cr.,” said Goyal.
11:54 am: “Vande Bharat Express, indigenously developed semi high speed will give Indian passengers world class experience,” said Goyal.
11:53 am: “Semi high speed train ‘Vande Bharat Express’ developed 100% indigenously,” said Goyal.
11:52 am: “Vande Bharat Express will provide speed, service and safety to citizens and will give a boost to MakeInIndia,” said Goyal.
11:50 am: “All Unmanned level crossings eliminated at entire broad gauge rail network,” said Goyal.
11:21 am: “The construction of rural roads has tripled. We made sure electricity reached each and every one,” said Goyal.
11:11 am: “The fiscal deficit has been brought down. Massive surge in Foreign Direct Investment. The last five years have witnessed a wave of structural reforms,” said Goyal.
11:08 am: “From 11th largest economy in 2013 we are now the 6th largest largest economy in the world. ,” said Goyal.
11:04 am: “We are the fastest growing major economy in the world today,” said Goyal.
11:02 am: Presentation of interim budget 2019 starts
