14 C
New Delhi
Sunday 19 January 2020

Budget 2019 Live: Important announcements

Presenting the first Budget of the second Modi government, FM Sitharaman said the Indian economy, which stood at $ 1.85 trillion five years ago, has reached $ 2.7 trillion now

New Delhi: Finance Minister Nirmala Sitharaman Friday said India needs to make structural reforms to achieve $ 5 trillion economy in the next few years.

Presenting the first Budget of the Modi government in its second term, she said the Indian economy, which stood at $ 1.85 trillion five years back, has reached $ 2.7 trillion now and is within the capacity to reach USD 5 trillion in the next few years.

She said the interim budget focused on a 10-point vision to boost the economy. In the current year, India’s economy will grow to become $ 3 trillion economy, the sixth largest in the world.

“We need to invest in infrastructure, digital economy and job creation in small and medium enterprises,” Sitharaman said.

She said that in terms of Purchasing Power Parity (PPP), India has become the third largest economy in the world after the US and China.

The minister emphasised the need for structural reforms for achieving $ 5 trillion economy.

Stay on top - Get daily news in your email inbox

Sirf Views

Fear-Mongering In The Times Of CAA

No one lived in this country with so much fear before,” asserted a friend while dealing with India's newly amended citizenship...

CAA: Never Let A Good Crisis Go To Waste

So said Winston Churchill, a lesson for sure for Prime Miniter Narendra Modi who will use the opposition's calumny over CAA to his advantage

Archbishop Of Bangalore Spreading Canards About CAA

The letter of Archbishop Peter Machado to Prime Minister Narendra Modi, published in The Indian Express, is ridden with factual inaccuracies

Sabarimala: Why Even 7 Judges Weren’t Deemed Enough

For an answer, the reader will have to go through a history of cases similar to the Sabarimala dispute heard in the Supreme Court

Tanhaji: An Unabashed Celebration Of Hindutva

Tanhaji: The Unsung Warrior Film Review | Featuring Ajay Devgn, Saif Ali Khan, Kajol, Sharad Kelkar, Luke Kenny and Neha Sharma

Related Stories

Leave a Reply

For fearless journalism

%d bloggers like this: