Several announcements to boost private sector industries are expected today. (Photo Credit: PTI)
New Delhi:
Finance Minister Nirmala Sitharaman will be presenting the second Union Budget today. The Economic Survey on Friday projected India’s economic growth at 6 per cent to 6.5 per cent in the next financial year starting April 1, saying growth has bottomed out. The Finance Minister is expected to make several announcements to boost private sector industries which have played a substantial role in growing our economy.
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Rs 103 lakh crore National Infra Pipeline launched: Sitharaman
Rs 27,300 crore for promotion of industry and commerce: FM
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Union Finance Minister Nirmala Sitharaman presents Budget 2020 in Parliament.
Prime Minister Narendra Modi arrives at the Parliament, ahead of presentation of Union Budget 2020-21.
Home Minister Amit Shah arrives at the Parliament, ahead of the presentation of Budget 2020.
Finance Minister Nirmala Sitharaman and MoS Finance Anurag Thakur arrive at the Parliament, to attend Cabinet meeting; Presentation of Union Budget 2020-21 at 11 am.
Union Cabinet Secretary Rajiv Gauba arrives at the Parliament.
Sensex opens 200 points down, Nifty below 11,900 ahead of Budget 2020.
Finance Minister Nirmala Sitharaman and her team to meet President Ram Nath Kovind, ahead of presentation of Budget.
There are several expectations like increased budgetary provision for strengthening the e-NAM.
CII want public spending on agri-infrastructure must be stepped up, especially on irrigation, seeds, cold storage.
Budget allocation for energy and Commerce & Industry decreased in 2019-20.
Finance Minister had announced that SEBI will mull increasing minimum public shareholding from 25 per cent to 35 per cent.
