Top Highlights of Indian budget, 2019
                     TOP HIGHLIGHTS OF 
INDIAN BUDGET- 2019
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Some facts about Budget-2019
  89th Union Budget is presented in 17th Lok 
Sabha ( House of the people).
By BJP government
Lok Sabha speaker- Om Birla
Presented By- Nirmala Sitaraman. The first 
woman Finance minister in the history of India 
to present the Budget.
Vision for 2019
Making the Indian economy to 
third-largest in the world.
  Indian Economy will be reached to 5 trillion US $ in 
the upcoming years.
Currently, the Indian economy is 6th largest in the 
world.
  Vision is to make it 3rd largest economy in the 
upcoming year.
  To achieve this will work on two principles :
1. Perform – Reform – Transform 
2. Minimum Government, Maximum Governance.
 Also,  different policies and reforms declared.
 Here are some highlights on the Indian budget.
1. Employment
  The government vision is to make India Job Creator.
  In 2019-20 about 75000 skilled entrepreneurs for 
agro-rural industries will be trained under ASPIRE. 
  The world’s 3rd largest aviation market in India.
Government focus will be to create job opportunities 
in Engineering and Aviation sector by development 
of MRO.
MRO- Maintenance Repair and Overall Industry
 
2. MSME
  The MSME sector is important to grow the economy 
of any country.
The government will focus on development from the 
lower hierarchy. 
Loan of 1 Cr will be provided to MSMEs with the 
help of the portal, within 59 Minutes. 
  350 Cr is approved for the year 2019-2020.
3. Women Empowerment
  Nirmala Sitaraman addressed Indian women as, 
‘Naari Tu Naarayani’.  
  The government will expand Women Self Help 
Groups (SGH) to encourage women’s participation 
in entrepreneurship.
– One woman per every SHG will be given 1 Lakh of 
the loan under MUDRA Yojana.
– Overdraft of 5000 for every SGH verified women.
4. Banks
   To boost the capital and improve credit 70,000 
Crore will be approved for Public sector Banks.
Digitalization in the Public Banking sector will be 
advanced.
5. Tax
  In the year 2015- 2018, Direct Tax collection is 
raised by  78%.
6. Infrastructure development
   The government target is One Nation – One Grid 
(In the sector of Gas pipelines, waterways, highways 
and regional airports).
1. Second phase of Bharatmala Project – State road 
network.
2. Water ways for cargo transportation.
3. Metro project – In the year 2019, 210kms of metro 
routes are operational and 300kms are approved.
4. Jalmarga Vikas project – Focus on enhancing the 
navigational capacity of river Ganga
Multi model terminals at Sahibganj and Haldiya and 
Navigational lock at Faraaka would be completed in 
2019-20.
5. Railway – PPP model for further development.
6. Air connectivity – UDAN scheme would be 
improved.
7. One Nation – One Card 
National common mobility card launched by PM on 
March 2019. You can pay multiple kinds of transport 
charges, retail payments, parking pay, and money 
withdrawal is available too.
 It runs on the Rupay card.
8. Pradhan mantri Karmyogi Maan 
dhan Yojana
Pension benefit for retail traders and small 
shopkeepers whose annual turnover is less than 1.5 
Crore.
9. Gandhi-pedia
  The government will launch Gandhi-pedia to 
promote Gandhian school of thought and 
principles.   
10. Rural area
  Each and every family in the rural area will have 
electricity and gas connections by the year 2022.