Interim Budget 2019: Get All The Live Updates

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UNION BUDGET 2019-20

Get All The Live Updates

Union Minister Sh. Piyush Goyal presenting the Union Budget 2019-20

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HIGHLIGHTS & ANALYSIS

Budget 2019 Highlights :

12:30 pm:  Rail Budget 2019: Focus on Speed, Service and Safety

12:22 pm:  Piyush Goyal has set the railway capex for FY20 at record Rs 1.6 lakh crore. Budget 2018-19 had set capital expenditure for railways at Rs 1.48 lakh crore.

12:20 pm:  Railway capital expenditure goes up from Rs 53,060 crore in FY19 to Rs 64,586 crore in FY20 

12:17 pm:  “We are poised to become a 5 trillion dollar economy in the next five years, we aspire to become a 10 trillion dollar economy in the next eight years,” said Goyal

12:16 pm:  “The government envisions to create next-generation infrastructure,” said Goyal

12:14 pm:  Piyush Goyal announced a Rs 64,587 crore outlay for Indian Railways for the upcoming financial year 2019-2020

12:07 pm:  “For the upcoming financial year 2019-2020, an operating ratio of around 95% will be targeted by Indian Railways,” said Goyal.

12:00 pm:  “2018: safest year for Indian Railways,” said Goyal.

11:57 am:  “Our commitment to promote renewable energy is reflected in our initiative to set up International Solar Alliance; installed solar generation capacity has increased 10 times in last five years; lakhs of new jobs being created by the sector,” said Goyal.

11:55 am:  “Railway Budget Capital Support to be 64587 Cr.,” said Goyal.

11:54 am:  “Vande Bharat Express, indigenously developed semi high speed will give Indian passengers world class experience,” said Goyal.

11:53 am:  “Semi high speed train ‘Vande Bharat Express’ developed 100% indigenously,” said Goyal.

11:52 am:  “Vande Bharat Express will provide speed, service and safety to citizens and will give a boost to MakeInIndia,” said Goyal.

11:50 am:  “All Unmanned level crossings eliminated at entire broad gauge rail network,” said Goyal.

11:21 am:  “The construction of rural roads has tripled. We made sure electricity reached each and every one,” said Goyal.

11:11 am:  “The fiscal deficit has been brought down. Massive surge in Foreign Direct Investment. The last five years have witnessed a wave of structural reforms,” said Goyal.

11:08 am:  “From 11th largest economy in 2013 we are now the 6th largest largest economy in the world. ,” said Goyal. 

11:04 am:  “We are the fastest growing major economy in the world today,” said Goyal.

11:02 am: Presentation of interim budget 2019 starts

 

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