Page 205 - Budget 2026 News

Govt mulls to amend PFRDA Act; to separate it from NPS Trust: FM Sitharaman

FM Sitharaman also said that the government will help ease in mobility while in jobs

Budget 2020: Insurance cover for bank depositors to be raised to Rs 5 lakh

At present, the DICGC provides Rs 1 lakh insurance to a depositor regardless of deposit in case the lender fails or liquidated

Budget 2020 plans to increase FPI limit in corporate bonds from 9% to 15%

In her second Budget presentation, the finance minister said certain government securities will be open for foreign investors

NIRVIK scheme to provide high insurance cover for exporters: Sitharaman

The ministry has also proposed to subsidise the premium under the scheme that has to be paid by exporters of certain key sectors

Clean, robust financial sector key to achieve $5 trillion economy: FM

Presenting the Budget for 2020-21, Sitharaman said robust mechanism is in place to monitor health of all commercial banks and asserted that depositors' money is absolutely safe

Budget 2020: Rs 30,757 cr for J&K; Ladakh gets Rs 5,958 cr for FY21

The finance minister also proposed major reform in recruitment of non-gazetted staff

Govt revises FY20 fiscal deficit target to 3.8% from earlier target of 3.3%

Sitharaman, who was presenting the annual budget in parliament, also pegged the fiscal deficit target for the year 2020/21 at 3.5% of the GDP

Budget 2020: National Police University, Forensic Science varsity proposed

Sitharaman said the Narendra Modi government will soon announce a new education policy

Govt to list LIC as part of its disinvestment initiative: Sitharaman

She further said that the listing brings in more financial discipline among the entities

Budget 2020: Govt looks to increase turnover of GeM portal to Rs 3 trillion

The minister also proposed to provide about Rs 27,300 crore for development and promotion of industry and commerce for 2020-21

Budget 2020 plans to amend Companies Act to decriminalise civil offences

In her second Budget presentation, the finance minister said tax harassment cannot be tolerated and added that wealth creators will be respected in the country

Doubling farmers' income by 2022: Status check on govt's ambitious plan

Could the window be closing on the Bharatiya Janata Party-led government's promise to double farmers' income and revamp the agricultural economy by 2022?

Budget 2020: Rs 22,000 cr outlay for power, renewable energy sector in FY21

State governments need to replace conventional electricity meters with pre-paid smart meters in three years, she said

Budget 2020: New education policy proposed, Rs 99,300 cr for sector in FY21

Steps will be be taken to attract external commercial borrowing and FDI in the education sector, the finance minister said

Budget: Govt to launch campaign to eliminate TB by 2025, says Sitharaman

Presenting the Budget for 2020-21, Sitharaman proposed to expand Jan Aushadhi Kendras to all districts of the country to provide medicines at affordable rates

Budget 2020 proposes Kisan Rail in PPP mode for cold supply chain

Presenting her second Union Budget, Sitharaman announced a slew of measures for the benefit of farmers

Farm markets need to be liberalised, will hand-hold farmers: Sitharaman

Presenting the Budget for 2020-21, Sitharaman said the government is proposing a 16-point action plan to boost agriculture and farmers' welfare

Budget: Govt expands PM KUSUM for solar pumps, hopes to cover 2 mn farmers

The previous Modi government in February last year had unveiled the PM KUSUM scheme with an outlay of Rs 34,422 crore.

Budget 2020: Nirmala Sitharaman remembers Rajiv Gandhi without naming him

Rajiv's famous "15 paisa" remark made in 1985 has been ridiculed by PM modi in the past

Budget 2020: Govt sets agriculture credit target at Rs 15 trillion for FY21

In her second Budget presentation, the Finance Minister also said Nabard refinance scheme will be expanded.