Live Updates and discussion on Union Budget 2020

Quick Summary
This discussion covers the live updates and key highlights of India's Union Budget 2020, presented by Finance Minister Nirmala Sitharaman. It details proposals aimed at boosting economic growth, providing relief to taxpayers, and supporting various sectors like agriculture, education, and MSMEs. The budget also introduced a new optional personal income tax regime and measures to simplify tax compliance.

We will double farmers income by 2022- FM

We clocked GDP growth of 7.4% in 2014-19; inflation at 4.5%. FDI increased from $119 billion in 2009-14 to $284 bn in 2018-19. Centre's debt reduced to 48.7% of GDP in Mar 2019 from 52.2% in 2014: FM #NirmalaSitharaman

It's a common man's budget as per BJP but what from the view point of common man ?

Union Budget 2020 contains 16 action plans to boost the income of the farmers

Central Govt debt reduced to 48.7% of GDP from 52.2 percent in March 2014: FM

Horticulture production exceeds food grain production. Government plans to allocate each different product to a different district so that there is overall development of the country.

NABARD scheme will be further expanded- FM

Agricultural credit target for the year 2021 has been set at 15 lakh crores 15 lakh crores agricultural- FM

FM Nirmala Sitharaman says have added 60 lakh new taxpayers and households saved 4% on monthly spends after GST implementation

Proceeds from taxes on medical devices to be used to improve medical sector in different districts

12,300 crores allocation for Swacch Bharat this year- FM

By 2030 India is set to have largest working population- FM

Steps to be taken for external commercial borrowing for higher quality education #Budget 2020

New education policy to be announced soon, says FM Sitharaman

Budget will boost income and purchasing power #FM

SAT exam is proposed to be held in Asian and African countries it should be used for benchmarking foreign candidates who receives scholarships for studying in Indian #FM

SAT exam is proposed to be held in Asian and African countries it should be used for benchmarking foreign candidates who receives scholarships for studying in Indian

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