The BJP has made many procedural changes to the Budget exercise
The PM said India took 55-60 years to become a $1 trillion economy, while the country became a $2 trillion economy in just 5 years under his rule
The additional income tax deduction for electric vehicle (EV) buyers will incentivise purchase and spur demand
Unlike her predecessors Arun Jaitley and Piyush Goyal, Sitharaman had no band of cheerleaders
Here is what those in the Indian politics had to say about the 2019 Budget
FM rationalises revenue estimates, squeezes capex ; focuses on repairing financial sector and ease of paying taxes
The food and beverage industry is responsible for a lot of jobs in the country today, said Mehrotra
Second, gifts by Indian residents in the form of property or money will be taxable in India
The Budget makes several futuristic announcements to stir foreign investment
The Finance Minister has not disappointed rural India but vision for the next five years and bold measures are missing
To provide quality sports education, Sitharaman proposed creating a National Sports Education Board, under the Khelo India scheme
The stock market ended the Budget day trading session a per cent lower
The announcements didn't impress the farmers who termed the Budget as lukewarm and having done little to address the core issue of falling returns in the sector
I don't think the Budget focused enough on farmers' distress and education, said Sait
Recapitalisation will involve two legs - first, banks will subscribe to bonds floated by the govt. In the second leg the govt will infuse that money into public sector banks
One should be mindful that this gush of debt capital in the short term is likely to support rupee appreciation in the near term
The reach, impact, and real-time access to all citizens, has propelled the government to aggressively work towards building the digital infrastructure in the country
The finance minister has also offered sops on affordable home loans
The Reform, Perform and Transform policy of the government is working well
There was no specific mention of fund allocation for UDAN, the regional connectivity scheme, which is disappointing