union budget

In her budget speech, Finance Minister Sitharaman announced that a digital rupee will be issued using blockchain and other technologies and will be issued by the Reserve Bank of India starting 2022-23.

In her speech, the Finance Minister said that the government has decided to roll out RAMP, an initiative to revitalise the MSME sector

The significant reduction in the defence budget was the first in a series of disastrous steps taken by PM Jawaharlal Nehru leading to the embarrassing defeat in 1962 war

Nirmala Sitharaman announces initiatives which will are expected to provide a big thrust to the education sector

The Finance Minister added that Indian Railways will monetize dedicated freight corridor assets after commissioning. Indian railways have prepared National Rail Plan for India 2030.

FM Sitharaman announced that Rs 35,000 crore were allocated for the COVID vaccines which were rolled out earlier this year. She said that more funds will be provided if needed.

The archived records of the Indian parliament's discussion of the Union Budget in 1991-92 shows a section when, after the then Finance Minister Manmohan Singh allocated a sum of Rs 100 crores to the Rajiv Gandhi Foundation, there was a huge uproar from the opposition leaders.

Senior Congress leader P Chidambaram in his column has argued that the present scenario has rendered the Union Budget declared in February irrelevant

Finance Minister Nirmala Sitharaman is expected to present the Union Budget 2020 on February 1, 2020, in the parliament.

The duty would be levied on both the uncoated paper used for printing of newspapers and lightweight coated paper used for magazines.