Gross Domestic Product (GDP) growth is expected to be 7.5 percent in 2019-20, considering a GDP deflator of 4 percent.
Experts are also of the opinion that the amendment will not put an immediate end to piracy, but will certainly act as a deterrent that it will give teeth to law enforcement agencies.
It's not just about saving money.
The scheme, however, will likely uplift farmer sentiment, which has been subdued since the past few months
The budget announcements come a day after the government refused to extend the deadline for the implementation of the revised foreign direct investment in e-commerce guidelines.
The government’s vision to make 1 lakh villages into digital villages is ambitious and will usher in the much needed digital revolution under the Digital India initiative, and will help in the last mile connectivity.
Goyal said that close to 10 lakh patients have benefited from medical treatment through free treatment made available under the scheme.
Under the newly announced PM Kisaan Samman Nidhi, farmers owning up to 2 hectares of land will get Rs 6,000 per annum
I believe that the steps taken in the Budget apart from catalysing growth in the economy will also touch the lives of crores of people in a meaningfully positive way
Cheer for middle income tax payers. FM Goyal announces tax rebate and increase in standard deduction.
The film has been hailed as the fastest movie to rake in Rs 100 crore at the Box Office.
Talking about the government's plan for future, Goyal said that according to the Prime Minister, an India "connected to the world digitally... and an honest India with basic amenities, will lead to development."
Moneycontrol's Kshitij Anand gets in conversation with Zerodha co-founder, Nikhil Kamath to find out what he thinks about the Budget.
Lovaii Navlakhi of International Money Matters tells us that Budget 2019 was a good balance of populism while maintaining fiscal prudence, though fiscal maths is questionable.
Consumption and real estate are two sectors that have been targeted with sops in the Budget and investors seem to be buying into that. Here's why they should be careful
The Prime Minister also spoke about the Pradhan Mantri Kisan Samman Nidhi, and said that the scheme is the biggest such programme for farmers "in the history of Independent India."
Markets have rejoiced and have been trending up from lower levels of 10,600. There may be some profit booking and consolidation in the short term as prices tend to absorb the budget
Hero MotoCorp, Bajaj Auto and TVS Motor are expected to be the beneficiaries of these announcements
It is a welcome move as unlike loan waivers, direct income support doesn’t adversely impact the banking system, At the same time, PM Kisan will boost rural consumption
The FMCG and retail industry has given a thumbs up to the budget as it will bring in more money in the hands of the consumers and have terms the budgetas a consumption-oriented budget
The startup ecosystem saw over $10.5 billion of venture capital investment in 2018 in India
The increase in allocation for food subsidy in the next financial year is a reflection of an increase in the minimum support price (MSP) of rice and wheat.
"The government received over Rs 1 lakh crore from disinvestment proceeds during 2017-18. We are confident of crossing the target of Rs 80,000 crore this year," said interim FM Piyush Goyal.