News Nation Logo

In Pictures: Major Expectations From Union Budget 2020

With Union Budget 2020 round the corner, each sector is expecting something coming its way from the Modi government. There are several questions which nation has in its mind with less than 10 days remaining for the Budget. Will Finance Minister Niramala Sitharaman deliver a major income-tax cut? Will there be a hike in the Defence Budget? What will the Railways get this time? What will be the govt unveil at the personal tax front? Will it be a pro-farmer Budget? Heres a look at the prominent expectations from Union Budget 2020. Photo Credit: Twitter@FinMinIndia

News Nation Bureau | Updated : 23 January 2020, 11:42:44 PM
In Pictures: Major Expectations From Union Budget 2020

In Pictures: Major Expectations From Union Budget 2020

1

With ‘Union Budget 2020’ round the corner, each sector is expecting something coming its way from the Modi government. There are several questions which nation has in its mind with less than 10 days remaining for the Budget. Will Finance Minister Niramala Sitharaman deliver a major income-tax cut? Will there be a hike in the Defence Budget? What will the Railways get this time? What will be the govt unveil at the personal tax front? Will it be a pro-farmer Budget? Here’s a look at the prominent expectations from Union Budget 2020. (Photo Credit: Twitter/@FinMinIndia)

In Pictures: Major Expectations From Union Budget 2020

In Pictures: Major Expectations From Union Budget 2020

2

With nation undergoing an economic slowdown and indicators showing a south-ward trend, the youth of the nation expects jobs. Will govt take initiatives in the budget to support job creation besides enhanced spending on infrastructure? (Photo Credit: PTI)

In Pictures: Major Expectations From Union Budget 2020

In Pictures: Major Expectations From Union Budget 2020

3

Agriculture sector is set to play a major role in nation’s economy in Budget 2020. The food inflation is high in country and economy is hitting a low growth rate. It becomes mandatory for the govt to implement action oriented policies. (Photo Credit: IANS)

In Pictures: Major Expectations From Union Budget 2020

In Pictures: Major Expectations From Union Budget 2020

4

Due to services below cost of operations, Railways in recent times has incurred loss worth 700 billion plus rupees. The Indian Railways this time expects the highest-ever outlay for capital expenditure of over Rs 1.70 lakh crore from the upcoming budget. (Photo Credit: IANS)

In Pictures: Major Expectations From Union Budget 2020

In Pictures: Major Expectations From Union Budget 2020

5

The corporate sector has already pitched for initiatives to support job creation besides enhanced spending on infrastructure. With govt aiming the USD 5 trillion economy, it is likely to attract foreign investment by liberalising norms. (Photo Credit: PTI)

In Pictures: Major Expectations From Union Budget 2020

In Pictures: Major Expectations From Union Budget 2020

6

The Indian Army is seeking a speedy modernisation as powers like America, China already have hiked their defence budgets to unimaginable extent. One of the major expectations from the budget is hike in the defence budget at par with nations at top of the table. (Photo Credit: Twitter/@DefenceMinIndia)

Videos