You are here: Home » Budget » Budget 2019 » News
Business Standard

Budget 2019 promises new pension scheme, highway revamp & more

She also noted that the government has allocated Rs 350 crore towards interest subvention for MSMEs for 2019-20

Press Trust of India  |  New Delhi 

Amazon is headed for prescription-drug market

Finance Minister Nirmala Sitharaman Friday said there will be a comprehensive restructuring of National Highways Programme to ensure creation of National Highways Grid of desirable capacity.

Presenting the Budget for 2019-20, she said the government has already approved Rs 10,000 crore for FAME II scheme on April 1, 2019 to encourage faster adoption of electric vehicles by providing right incentives and charging infrastructure.

She also noted that the government has allocated Rs 350 crore towards interest subvention for for 2019-20.

The finance minister said model tenancy law will be finalised and circulated to states.

Pension will be provided to 3 crore retail traders under Pradhan Mantri Karmyogi Mandhan scheme, Sitharaman said.

First Published: Fri, July 05 2019. 12:00 IST
RECOMMENDED FOR YOU