Union Budget 2020 Live Updates: Nirmala Sitharaman lists 16-point action plan to double farmers' income
We have approved Rs 3.6 lakh crore for Jal Jeevan Mission to provide safe drinking water to rural India: FM
National Police University and National Forensic Universities are proposed - FM
Sitharaman announces Rs 2.83 lakh crore for agriculture sector
We will encourage balanced use of all fertilizers, a necessary step to change the incentive regime which encourages excessive use of chemical fertilizers: FM
To build a seamless national cold supply chain for perishables, Indian Railways will set up Kisan Rail through PPP model so that perishable goods can be transported quickly. Krishi Udaan will be launched by MoCA on international and national routes.
Horticulture exceeds grain production
Budget 2020 is to boost the income of people and enhance their purchasing power.
India is now 5th largest economy in world. Central Govt's debt has reduced to 48.7% of GDP from 52.2% in March 2014.
Average household now saves 4% in monthly expense after rollout of GST. GST resulted in Rs 1 lakh crore gains to consumers, removed inspector raj and helped transport sector. Simplified return for GST is being introduced from April 2020.