The document summarizes key points from India's interim budget for 2019-20. It allocates funds to farmer support, rural development, women's development, defense, and infrastructure. It provides Rs. 6,000 per year to small farmers. Funds are also allocated to healthcare programs, rural employment, rural roads, electrification, and aviation infrastructure expansion. Tax exemptions are provided for individuals with an annual income up to Rs. 5 lakhs. The defense budget saw a 6.87% increase. The budget aims to generate 1 crore new jobs through various skills and entrepreneurship programs.
3. Article 112 of the Constitution of India,[1
India’s first budget was presented on April
7, 1860 (British GOV)
The first Union Budget of Independent India
- Sir R.K. Shanmugham Chetty, on
November 26, 1947 ( 5 PM)
The Government presents it on the first day
of February (2017)
The Railway Budget and Finance
merger year 2017 (92 yr)
4.
5. Farmer
Rural Development
Woman’s Development
Defence
Infrastructure
Financial Sector
Tax proposals & Personal incomes tax
6. The government has announced Rs 6,000
per year to less than 2 hectares
PM Kisan Samman Nidhi schem -75,000-
crore
Benefit 120 million farmer
7. MGNREGA – 60,000 cr
P M Gram Sadak Yojana- 19,000cr
Total no. of House 1.53 cr built under the
P M Awas Yojna (2014-18)
BY march 2019, All household Provide
Electricity connection (143 cr bulls)
Ayushman Bharat programme (medical) 50cr
poor people benefit
21 AIMS already established( 14 announced
since 2014) 22th in Haryana
8. Securing health of every homemaker- over 6
cr free LPG connections given under UJJWALA
YOJANA
P M Matru Vandana Yojna - 26 weeks
(pregnant woman)
9. Rashtriya Kamdhenu Aayog – 750 crore
The Aayog will also look after effect
implementation of low and welfare schemes
COW
10. Number of operational airports crossed 100
(passenger double last year )
27 kms highway developer each day (fastesd
in world)
11. Capital support from Budget proposed at
64,587 corer in 2019-20
All unmanned level crossing are closes
Vande Bharat Express lunched with world
class experience with speed, service and
safety
12. Annual income up to 5 lakhs will not be
required to pay any income tax
Deduces interest on home loans (up to 2
lakhs) education loans, medical insurance and
expenditure on senior citizens
T ax benefit of 3 core middle class and small
taxpayers (about 18,500 corer )
increase in tax collections 6.38 lakhs crore
(2013-2014) and 12lakhs crore this year
13. Increased by 6.87 per cent to Rs. 3.18 lakh
crore against last year's allocation of Rs. 2.98
lakh cror
purchase new weapons, aircraft, warships
and other military hardware
14. Ayushman Bharat, Infrastructure projects like
Bharatmala, Skill India and MUDRA, etc
schemes (1 crore jobs)
Gov. job is not necessary , private jobs is
also available in the market