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·2 The government has set the target to distribute 8 cr LPG cylinders to the
households under the Ujjwala scheme. So far Government has distributed 6 cr
cylinders under this scheme.
·3 The target of fiscal deficit for 2019-20 is 3.4% of GDP while for next year it is
estimated to be 3.1% of GDP.
·5 In 2019-20, the biggest items of government's revenue receipt are the GST and
corporation tax. The Government receives 21%-21% income from each tax.Indian
economy to become a 3 trillion dollar economy in the current year
·6 In the budget estimates, the target is to prevent the primary deficit to 0.2% of
GDP.
·7 n India, income tax is imposed at digressive rate. Under the digressive rate the
rate of tax increases as the income increases initially while after a certain level of
income it becomes proportionate.
·8 There are five types of cess are imposed in India. Their names are; Infrastructure
Cess, Education Cess, Clean India Cess, Agriculture Welfare Cess and Health and
Education Cess. Total rate of the all these Cess became 4%.
·10 Concept of zero budget natural farming (ZBNF) was first propagated by Subhash
Palekar
·11 Finance Minister asssure that by 2022 every single rural family will have
electricity and clean cooking gas.
·12 To strengthen Gramin Bharat – Rural India – this year India mark the 150-birth
anniversary of Mahatma Gandhi
·13 Under Pradhan Mantri Gram Sadak Yojna, 125000kilometers of road length to be
upgraded over the next five year cost is 80250crores
·16 Indian economy to become a 3 trillion dollar economy in the current year
·18 1 trillion dollar added to Indian economy over last 5 years (compared to over 55
years taken to reach the first trillion dollar).
·19 India is now the 6th largest economy in the world, compared to 11th largest five
years ago.
·20 Indian economy is globally the 3rd largest in Purchasing Power Parity (PPP)
terms.
·22 Investment linked income tax exemptions to be provided along with indirect tax
benefits.
·23 -----------------------------------------------------------------------------------------------------------
·24 indra gandi first finance minester and second person is nirmala sitha ramman on
july 5th 2019in bahikatha cloth
·30 study in india: attracting world people to study in india for this national research
institutions are allocated
·31 kheloindia: started on31 -1-2018,for ecoraging the sports persons,for this
national sports education institution should be developed
·32 pradhan manthri karma yogi mandhan yojana: small sectors small,small
shopes,and laborers pensions
·33 sfurthi: (scheme of fund for upgradation) :for clusters means factories in
villages and gramas development by this benfit for artisian (livehood) for 50,000
mem and developing agro rural industry
·34 jal jevan scheme: aim to give water for every house through pipe line at end of
2024,in our nation 256 district & 1592 block this scheme will apply,in north india
bihar,uttarpradesh& south india odisha, maharastra, karnataka,tamilnadu
·35 Pradhan Mantri Matsya Sampada Yojana (PMMS: 3737 crores are spent for
new invensions ,researches,sea fish catching,storage
·36 sabka visva legacy resolution scheme: resolving litigations in pre gst regime this
cases are 3.75 lakh crore
·37 one card: its like atm can travel through rails, metro rails, buses ,airways etc
·38 on nation or one grid: under electricity, means for all india one grid electricity
for high current states by one grid electricity it can pass for to low current areas.
by this development will increse
·42 rastriya swachatha kendra: built at raj ghat due to free defication free on oct 2
2019
·43 jal margh vikas project: to develop transportation on waterways, for this center
is varanasi
·44 total intrest of nation is 6,60,471 crores & it euals to 3 state budgets
·52 railways 65,837 crores from this private trains also will be
budget misllaneous:
·74 for housing lone intrest tax collection incresesd for year3.5 lakh
·75 new 20 rupee coin introduced, 1re, 2 re,5re,10re, new sries coins are introduced
·77 for more money people income crosses 5 crore 42.5% tax
·79 mudr scheme for business starting gov will give 1 lakh and itrest is 1pisa
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Ap budget from speech
·81 The Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman
made her maiden Budget Speech today ON New Delhi, July 5, 2019
·92 Indian economy to become a 3 trillion dollar economy in the current year. ·
Government aspires to make India a 5 trillion dollar economy
Measures related to MSMEs:
·93