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Budget Highlights

  • Sensex up after budget announcement
  • No TDS on bank, post office interest up to Rs 40,000
  • 12 cr farmers to get Rs 500/month directly in bank accounts
  • 26 weeks of maternity leave
  • Rs 76,800 crore allocated for welfare of SCs/STs
  • TDS threshold on rental income raised from Rs 1.8 lakh to 2.4 lakh
  • Income tax will be levied on second self-occupied house
  • India to become $5 trillion ecomony in 5 yrs
  • Allocation to North East region increased by 21% to Rs 58,166 cr
  • 1 lakh digital villages to be created in next five years
  • Mobile consumption data has risen by 50 times
  • No change in direct tax slabs
  • 27 km of highways built each day
  • Defence budget increases to Rs 3 lakh crore
  • Rs 19,000 cr for construction of rural roads
  • Gratuity limit increased from 10 lakh to 30 lakh rupees
  • Monthly pension of Rs 3000 for workers of unorganised sector
  • Rs 3 lakh cr recovered from corporate loan defaulters: FM
  • Rashtriya Kamdhenu Ayog for welfare of cows
  • 12 cr farmers to be benefited of minimum income support
  • Rs 6000 per year for farmers who own 2 hectares or less
  • India attracted $239 billion in FDI in last five years
  • Rs 60,000 crore allocated for MGNREGA
  • Contained inflation and restored fiscal balance: FM
  • Rupee slips by 9 paise to 71.17 against dollar
  • Current account deficit is likely to be 2.5%
  • 2018-19 revised fiscal deficit target at 3.4%
  • 5.4 lakh villages declared as open defecation-free
  • Rs 19,000 cr for rural roads under Gram Sadak Yojana

Budget 2019: Sabka Vikas is Modi's Budget Bottomline and It All Adds Up to Mission 272

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