Aaj Tak News, NDTV Live: Budget 2019 LIVE Updates, Nirmala Sitharaman to present today, highlights

July 5, 2019 Aakash Ghosh India 0

Nirmala Sitharaman to present Union Budget on July 5, 2019 (Image via NDTV Screencap)

Indian Finance minister Nirmala Sitharaman will present the first Union Budget of the Modi government on July 5, 2019.

Ahead of Budget 2019, Sensex back at 40,000 for the first time since June 11.

Finance Minister Nirmala Sitharaman has handed over a copy of the Union Budget to the President.

She has arrived at the North Block which houses the Ministry of Finance. Indian stock market investors are watching out for the Union Budget on Friday

Later she will move The Finance (No.2) Bill, 2019. The Lower House is expected to be adjourned till Monday (July 8) after these proceedings conclude.

Her maiden budget speech is expected to begin at around 11:00 am. Usually the duration of the presentation ranges from 90 to 120 minutes.

Read: AAJ TAK Live: Modi Swearing-in ceremony, full cabinet list

The Niti Aayog headed by the Prime Minister, last year released ‘Strategy for New India@75’ which said, “In agriculture, emphasis must shift to converting farmers to ‘agripreneurs’ by further expanding e-National Agriculture Markets (e-NAMs) and replacing the Agricultural Produce Marketing Committee (APMC) Act with the Agricultural Produce and Livestock Marketing (APLM) Act.

” The creation of a unified national market, a freer export regime, and the abolition of the Essential Commodities Act are essential for boosting agricultural growth.”

Economy slowdown:

With the slowdown in the economy, this Budget becomes all the more important.

During Lok Sabha elections, BJP made some huge promises which they have to fulfill and it is expected that the budget will focus on lowering farmers distress and creating employment for the nation.

Tax exemption

Exemption in tax for the middle is also expected to rise so that consumption is increased in the household.

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Akash Ghosh is a cricket enthusiast and a writer who covers the latest news and match previews for Panasiabiz. He has been following the game since he was a kid and enjoys analyzing the performances of players and teams. He also likes to share his opinions and predictions with fellow cricket fans through his articles and social media posts. Akash has a degree in journalism and a passion for writing engaging and informative content. Akash can be reached at [email protected]

Economy slowdown:

Tax exemption

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