UNION BUDGET 2020-21
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Union Budget 2020-21: Budget Speech by Union Finance Minister Nirmala Sitharaman
HIGHLIGHTS & ANALYSIS
Railway Budget 2020 Live Updates :
1:20 PM: A bold, historic decision of reducing corporate tax rate for new companies in manufacturing sector to an unprecedented level of 15%.
12:45 PM: National Infra Pipeline launched INR 103 lakh crore thru 6500 projects in Urban Housing, Water, Energy Conservatn, Education, Healthcare, Transport, Logistics.
12:35 PM : Cente will fund 20% of the 148 km Bengaluru Suburban Railway Network project, costing 18,600 crores with metro-like fares, will help raise 60% of the project cost from external sources: Finance Minister Sitharaman
12:25 PM : Target to achieve 11000 electrification of Railway tracks. Station Redevelopment Projects and operation of 150 trains to be done under PPP model says Finance Minister Sitharaman
12:20 PM: 1.7 lakh crore rupees to be provided for transport infrastructure in the coming financial year: Finance Minister Nirmala Sitharaman
12:11 PM: 4 railway stations to be redeveloped through PPP model: Finance Minister Sitharaman
12:10 PM: 550 wi-fi facilities have been commissioned at railway stations, 150 private trains to be introduced soon, 27000 km track electrified – Finance Minister Nirmala Sitharaman
12:09 PM: National Logistics Policy will soon be released, creating single window e-logistics market – announces Finance Minister Nirmala Sitharaman
12:06 PM: To achieve higher export credit, a new scheme being launched which provides higher insurance cover, reduced premium for small exporters and simplified procedure for claim settlements: Finance Minister Nirmala Sitharaman
12:05 PM: More TEJAS-type trains will connect iconic tourist destinations: Finance Minister Nirmala Sitharaman
12:04 PM: Large solar power capacity to be set up alongside rail tracks, on land owned by Railways: Finance Minister Nirmala Sitharaman
11:59 AM: 100 lakh crore would be invested on infrastructure projects: FM Nirmala Sitharaman
11: 35 AM: Indian Railways to set up a Kisan rail for the transport of perishable goods. – FM Nirmala Sitharaman
11:10 AM: GST has resulted in efficiency gains in transport and logistics sector, inspector raj has vanished, it has benefitted MSME. Consumers have got a annual benefit of 1 lakh crore rupees by GST – FM Nirmala Sitharaman
