Budget 2019: Highlights

– India will become 3 Trillion Dollar Economy this year which will make it the 6th largest economy in the world

– India aspires to become 5 Trillion USD economy in the next 5 years

– Need to heavily invest in Infra, Job Creation and Digital Economy

– Mega programs initiated in the previous term of Modi will continue

– Need to take structural reforms to reach 5 Trillion USD Economy

– India Inc is India’s Job Creator, the nation’s Wealth Creator

– Time to enter Aircraft Financing

– 657 kms of Metro Rail has become operational across the country

– Emphasis on Make In India

– 50 Lakh Crore investment needed in Indian Railways

10 Point Vision includes Make In India, Digital India, Water Management, Cleaning of Rivers, Export of Food Grain

– One Nation One Grid for power connectivity

– A modern tenancy law will be finalized and given to the states

– Union Government will create a payment platform for MSMEs to enable filing of bills and do the payments on the platform itself

– Will create a blueprint for gas grids, water grids and regional airports

– Propose changes to kickstart domestic & foreign investment

– We propose to set up a social stock exchange for social entities under SEBI regulations

– Public-Private Partnership in Railways

– Government will examine opening up FDI further in aviation, media. Local sourcing norms to be eased for single-brand retail FDI

– ISRO will spearhead commercialization of various space products

– Housing for Every Villager by 2022

– Rs 80,250 Cr for up-gradation of roads under PM Gram Sadak Yojana


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