Current Affairs - February, 2019

Defence Budget 2019

The Interim Budget 2019 has increased the allocations to the Defence Ministry by 6.87 per cent to Rs 3.18 lakh crore against last year’s allocation of Rs 2.98 lakh crore. Allocations to Defence Ministry The Defence Ministry budget outlay includes: Of the total allocation of Rs 3.18 lakh crore, Rs 1,08,248 crore has been set ..

Month: 

Category: 

Topics: 

Fiscal Deficit: Interim Budget 2019

The present government headed by Prime Minister Narendra Modi presented an uncompromising stance on fiscal deficit in the beginning. In its first budget, the government had stated that “we cannot go on spending today which would be financed by taxation at a future date”. The government emphasised on “inter-generational equity” and not leaving behind “a ..

Month: 

Topics: 

FDI to India since 2014

The Union Finance Minister Piyush Goyal in the interim budget 2019 stated that India has received massive foreign direct investment worth USD 239 billion in the last five years. FDI: From Where to Where? The Union Finance Minister attributed this increased FDI inflow to a stable and predictable regulatory regime, growing economy, strong fundamentals and ..

Month: 

Topics: 

10 dimensions of Vision 2030

The Union Government in the interim budget 2019 unveiled its vision for 2030, listing 10 dimensions to create an India where poverty, malnutrition, littering and illiteracy would be a matter of the past. Vision 2030 The 10 dimensions of Vision 2030 listed in the interim budget 2019 are: Physical & Social Infrastructure Building next-generation infrastructure in all ..

Month: 

Topics: 

Revenue Mobilisation: Interim Budget 2019

The interim budget has announced a slew of welfare measures for farm and rural economy, middle class, realty and housing and the unorganised sector. The burden on the exchequer due to the farm income support scheme PM-KISAN itself comes around Rs 75000 crores. This necessitates the government to explore the avenues to find the corpus to ..

Month: 

Topics: 

advertisement