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Interim Budget 2019-20: Highlights

Interim Budget 2019-20 Highlights
**6,000 rupees yearly direct support to farmers through PM-KISAN Programme.

**3,000 rupees pension for unorganised sector workers earning up to 15,000 rupees through a mega Pension Scheme – Pradhan Mantri Shram- Yogi Maandhan.

**Present Income Tax rates to continue; Full tax rebate up to the income of 5 lakh rupees for individual taxpayers; Standard deduction raised to 50,000, a hike of 10,000 for salaried class.

**Direct tax system simplified; Returns to be processed in 24 hours with immediate refunds.

**90 per cent GST payers can file quarterly returns; Small and Medium Enterprises to get two per cent interest rebate on incremental loan of one crore rupees; A Group of Ministers to examine GST burden on home buyers.

**Customs to go for digitalization of export and import transactions.

**Allocations to Health care, MGNREGA, SC/ST welfare programmes, Pradhan Mantri Gram Sadak Yojana, Development of infrastructure in North-East hiked substantially.

**A programme for genetic upgradation of cow – Rashtriya Kamdhenu Aayog.

**A separate Department of Fisheries.

**Electricity connection to all willing families by next month.

**Allocations to Defence budget crosses three lakh crore rupees for the first time.

**Over three lakh 38 thousand shell companies deregistered after demonetization.

**10 point vision for 2030 to realize India’s social economic potential; 10 trillion dollars economy in 13 years.

**Government e-Marketplace – GeM to be extended to all Central Public Sector Enterprises.

**A container cargo movement to the North-East through Brahmaputra river; Allocation for infrastructure development in the region hiked by 21 percent.

**An All India Institute of Medical Sciences – AIIMS for Haryana.

**One lakh more villages to get digital connectivity; A National Centre on Artificial Intelligence Centre;
**Cinematograph Act to be tightened to check piracy.

**Single window clearance for shooting films to be made available to Indian film makers.

**Indigenous development of semi-high speed Vande Bharat Express train

**The fiscal deficit pegged at 3.4 percent of GDP are the highlight of the Interim Budget for 2019-20.



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