Reported by Udit Misra |Edited by Explained Desk |New Delhi |Updated: July 5, 2019 5:25:18 pm
How to read Union Budget 2019-20: No major expenditure, no populism
Budget 2019: Given the recent deceleration in Indian economic growth rate as well as the raised expectations especially on the welfare front, it was a tough task to balance the competing demands. Here's a look at Nirmala Sitharaman's maiden budget.
On Friday, Finance Minister Nirmala Sitharaman chose to play safe and smart as she presented her first Budget. Given the recent deceleration in Indian economic growth rate as well as the raised expectations especially on the welfare front, it was a tough task to balance the competing demands.
By Express News Service |Edited by Explained Desk |New Delhi |Updated: July 5, 2019 3:11:09 pm
Budget 2019 Explained: Lower corporate tax will boost profits of a large swathe of companies
Budget 2019 Explained: An explanation and analysis of the Budget presented by Finance Minister Nirmala Sitharaman in Parliament Friday.
Union Budget 2019 Explained: Finance Minister Nirmala Sitharaman Friday presented her maiden Union Budget in Parliament. Here are some of the announcements made in the first Budget of the Prime Minister Narendra Modi 2.0 government, and what it means.
Written by Udit Misra |New Delhi |Updated: July 5, 2019 11:56:10 am
Explained: What to look for in the Union Budget 2019
After welfare measures in interim Budget, how far will full Budget be influenced by slow growth and lower than expected revenues? How to read the key variables that will indicate what is in store.
On February 1 this year, Prime Minister Narendra Modi had said: “This is an interim Budget. This is just a trailer of the Budget which, after elections, will take India on the path to development.” As Finance Minister Nirmala Sitharaman rises to present the full-fledged Union Budget for the current financial year, she faces the arduous task of showing the complete picture. On the one hand, voters who have returned the BJP-led government with a resounding majority expect that the full-year Budget would further expand the welfare measures announced in the interim Budget. On the other, India’s economic growth has faltered further since the presentation of the interim Budget, making it that much more difficult to come through on those promises.
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