Union Budget 2019 Current Affairs, GK & News

Ex-Servicemen Contributory Health Scheme (ECHS)

The ECHS is a government-funded scheme which aims to provide high quality and improved facilities for healthcare to the various Ex-Servicemen Pensioners and their associated dependents via a network of ECHS Polyclinics, Service medical facilities, and Empanneled Civil & Govt hospitals all over the country. What is the Ex-Servicemen Contributory Health Scheme (ECHS)? The ECHS ..

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Tweaks to the FPIs in Union Budget

The Indian Government has made a few tweaks to the norms of foreign portfolio investors (FPIs) to attract funding for the Indian capital market. What has happened? The Indian Government had, in the recent Union Budget, announced that increased surcharge will now be applicable to the FPIs. The Indian Government had levied an increase in ..

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Budget 2019 : Education

Union Budget 2019 has made a significant investment in the field of education. Salient Features The Union Budget has a 12.8 % year-on-year (YoY) increase in the FY20 allocation for school education. An amount of Rs 56,536.63 crore has been allocated for school education in Budget 2019. On the higher education front, the allocation has ..

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Budget 2019 : Railways

The Union Budget 2019 had the following to say about the Indian Railways in its annual document. Salient Features in the Budget for the Indian Railways Capital expenditure of Rs 1,60,175.64 crore has been allocated for the Railways Ministry for 2019-20. This is the highest-ever allocation made to Indian Railways. The money for the outlay ..

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Budget 2019 : Electric Vehicles

The Union Budget 2019 has laid a clear road-map for the mobility on Indian roads in the future. It is evident that the Indian Government wants more electric vehicles on the Indian Roads. What steps are being taken for Buyers? Imported and assembled cars are have been made more expensive due to the heightened customs ..

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