The minister further said that by 2022, every single rural family except those who are unwilling to take the connection will have an electricity and a clean cooking facility.
Aiming to attract big players, single-brand retail firms may be permitted to open online stores before setting up brick-and-mortar shops if they bring in over $200 mn FDI
FM says economy, which stood at $1.85 trillion five years back, has reached $2.7 trillion now, and is within capacity to reach $5 trillion in the next few years
Banks have recovered Rs 4 lakh crore due to the Insolvency and Bankruptcy Code and other means effected in the past four years, the FM said
Finance Minister Nirmala Sitharaman's Budget proposes pan-India transportation card for bus, rail and waterways.
Under the present rule, NRIs with Indian passport are required to wait for 180 days to get the Aadhaar card.
The finance minister also said that a National Sports Education Board will be set up under the Khelo India scheme
Sitharaman also said that 10,000 new farmer producer organisations will be be set up
She proposed to start a television programme exclusively for startups that will be executed by startups themselves
FM also says country needs to make structural reforms to achieve $5 trillion economy in the next few years
The government aims to connect all 2.5 lakh village panchayats with high speed broadband by March 2020
Presenting her maiden Union Budget, Sitharaman said the government has already written to Sebi regarding the matter
She said a number of steps would be taken in consultation with the RBI and Sebi to deepen the corporate bond market
Modi has set a target of growing India into a $5 trillion economy by 2024-2025 from $2.7 trillion
Presenting her maiden Union Budget, the Minister said that the exchange would help social and voluntary organisations which work for social causes
She also noted that the government has allocated Rs 350 crore towards interest subvention for MSMEs for 2019-20
The finance minister said as the world's third largest aviation market, time is ripe to enter aircraft financing and leasing from Indian shores
Finance Minister Nirmala Sitharaman in her Budget speech said that India's FDI inflows in 2018-19 grew by 6 per cent to $64.37 billion
The finance minister also said the government will create a payment platform for MSMEs for payment of bills
FM Nirmala Sitharaman said in the current year, India's economy will grow to become $3 trillion economy, sixth largest in world