Union Budget 2019: Highlights

Union Budget 2019: Highlights

Union Budget 2019: Highlights

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Aadhaar for NRIs with Indian passports after their arrival in India — yet another incentive to be an NRI

12:29 PM

Regulation of HFCs to move to the Reserve Bank of India (RBI) from NHB.

12:28 PM

On purchase of high-rate pooled assets of NBFC amounting of Rs 1 lakh core in this FY, govt will provide one-time 6 month credit guarantee

12:28 PM

For purchase of high-rated pooled assets of financially sound NBFCs amounting to a total of Rs 1 lakh crore, govt will provide a one-time six-month partial credit guarantee to PSBs for first loss up to 10%

Government has smoothly carried out consolidation, reducing the number of PSBs by 8

– Nirmala Sitharaman

12:22 PM

PSBs are now proposed to be provided Rs 70,000 crore of capital to boost credit

– FM

12:22 PM

New National Educational Policy

1 woman in every Self-Help Group will be allowed a loan of Rs I lakh.

– FM

12:19 PM

We have decided to open Indian embassies and high commissions where India does not have diplomatic missions yet

– FM

12:18 PM

Doubling farmer’s income

‘Nari to Narayani’: The government wishes to encourage and facilitate role of women

12:12 PM

Budget will have a positive rub off on market movement: Amar Ambani, YES Securities

Happy and satisfied to report that India will be made Open Defecation Free on October 2nd, 2019, as per the dream of PM Modi

– Nirmala Sitharaman

12:11 PM

Many MNCs listed on Indian bourses may consider delisting, if increase public shareholding implemented

FM Sitharaman allocates Rs 400 crore for world-class higher education institutions in FY20.

12:10 PM

Sitharaman on ‘Ease of Living’

The Pradhan Mantri Shram Yogi Maan Dhan Yojana of providing Rs 3,000 – nearly 30 lakh workers have joined the scheme.
12:10 PM

Study in India — ‘reverse brain drain’ sought. About higher education, the spirit is strong, the flesh hopefully to be made less weak.

12:08 PM

Labour laws to be streamlined into four basic labour codes

Ranjini Trinitymirror

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