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Home > Finance Budget
Finance Budget
‘I propose to consider issuing Aadhaar cards for NRIs with Indian Passports after their arrival in India without waiting for mandatory 180 days,’ Sitharaman said in her budget speech. (Photo: File)
Union Budget 2019: Govt proposes doing away with 180-day rule for NRIs to get Aadhaar
05 Jul 2019 1:19 PM

As on May 31, 2019, the Unique Identification Authority of India (UIDAI) had generated total of 123.82 crore Aadhaar to residents of India.

The government proposes 'Study in India' to bring in foreign students to pursue education here. (Photo: ANI)
Union Budget 2019: Government to improve youth skills in AI, robotics
05 Jul 2019 1:19 PM

Training of workforce with relevant skills will help address the severe skill shortage technology and IT companies are facing right now.

‘The government intends to open 4 more embassies in the year 2019-20. This will not only increase the footprint of India's overseas presence but also enable us to provide better public services to the local Indian communities,’ FM Sitharaman said. (Photo: File)
Union Budget 2019: India to open new diplomatic missions, including 18 in Africa
05 Jul 2019 1:18 PM

She also proposed to issue Aadhar cards to Non-Resident Indians (NRIs) holding Indian passports after their arrival in India.

Sitharaman also proposed to expand the Swachh Bharat mission to undertake sustainable solid waste management in every village, harnessing the latest technology. (Photo: File)
Union Budget 2019: 'India will be open-defecation free on Oct 2 this year,' says FM
05 Jul 2019 1:18 PM

The Swachh Bharat mission is one of the largest cleanliness drives in the world and is also an attempt to initiate behavioural change.

Finance Minister Nirmala Sitharaman (Photo: ANI)
Union Budget 2019: Government sets the disinvestment target at Rs 1.05 lakh crore
05 Jul 2019 1:18 PM

Strategic disinvestment of select public sector undertakings will remain a priority area, FM said.

The main objectives of the schemes are to create new jobs and reduce unemployment, promote entrepreneurship culture in India. (Photo: File)
Union Budget 2019: Govt to develop 75,000 entrepreneurs in agro-rural industries
05 Jul 2019 1:17 PM

The Finance Minister also asserted that 'Ease of Doing Business' and 'Ease of Life' should be applicable for farmers too.

The Finance Minister also announced one-time six-month partial credit guarantee for the PSBs.
Budget2019: Sitharaman earmarks Rs 70,000 crore for public sector banks
05 Jul 2019 1:15 PM

Public sector banks will use technology for enabling the customer of one PSB to access service across all PSBs as well.

pension benefit will be extended to around three crore retail traders and shopkeepers with an annual turnover less than 1.5 crores. (Photo: DC)
Budget 2019: Pension benefit to be extended to around 3 cr retail traders
05 Jul 2019 1:15 PM

Rs 350 crore allocated for 2 per cent interest subvention for all GST-registered MSMEs on fresh or incremental loans.

In the past one year, NPAs worth Rs 1 lakh crore has been recovered, Sitharaman said. (Photo: DC)
Budget 2019: NPAs worth Rs 4 lakh crore recovered in past four years
05 Jul 2019 1:15 PM

Government-owned and private banks besides non-banking financial companies have been saddled with huge NPAs.

Finance Minister also announced that pension benefits will be offered to three crore shop owners with annual turnovers less than Rs 1.5 crore.
Budget 2019: FM announces 2 pc interest subvention for GST-registered MSMEs
05 Jul 2019 1:14 PM

Sitharaman proposed the setting up of a payments platform for MSMEs for payment of bills.

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