Page-2 of Topic: union budget 2020-21
India-Portugal sign 7 agreements
The Portugal President Marcelo Rebelo de Sousa is on a 4-day visit to India. During his visit, he held talks with PM Modi. After their meeting 4 agreements...
GeM portal finished transactions worth Rs.40,000 crore
The national online platform for public procurement, Government e-Marketplace (GeM) was launched by the Union Commerce Ministry in 2016. It is an open and transparent procurement platform for...
Krishi Udan Scheme to be launched by Aviation Ministry
A new scheme was proposed in the budget, which is to be implemented by the Aviation Ministry, for transporting agricultural products of farmers. The scheme was named as...
Maximum insurance for bank deposits increased to ₹ 5 Lakh
The Union Finance Minister hiked the maximum insurance provided for bank deposits to ₹ 5 Lakh, per depositor, in her recent Union Budget 20-21. As per the existing...
Fiscal deficit target raised to 3.8 percent for FY20
In the recent Union Budget 2020-21, the government has estimated the fiscal deficit target for 2020-21 at 3.5 per cent of GDP (Budget Estimate). The fiscal deficit target...
SFURTI Scheme update given in the Parliament-Rs 2.3 crores budget allocated
The Ministry of MSME (Micro, Small and Medium Enterprises) on February 3, 2020, provided an update on the SFURTI scheme being implemented. Highlights A total amount of Rs...
National Calamity Contingent Duty increased in Budget-Concerns of Tobacco institute
The Budget 2020-21 that was presented by the Finance Minister Nirmala Sitaraman increased the National Calamity Contingent Duty. The imposed duty is expected to witness price rise of...
Budget 2020: Financial Sector
The Budget 2020-21 has been framed on the basis that Governance and Finances are the two major hands in achieving the three themes of the budget. The three...
Budget 2020: Governance
In order to achieve minimum government and maximum governance, the Budget 2020-21 has allocated funds for the following Tax Payer Charter introduced The Budget allocated funds to institutionalize...