India’s interim budget 2019-20 offers cash dole to small farmers before general election

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Pitching a strong re-election bid, India’s BJP-led NDA government announced the biggest income tax sops for middle class, including complete exemption for income up to Rs 5 lakh, and Rs 6,000 annual cash dole to poor farmers in a scheme that will cost Rs 75,000 crore per year. Converting a vote on account speech into […]

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Indian Budget – Minister says budget gives impetus to power, coal and renewable energy sectors

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The latest Indian budget has affirmed target for solar power of additional 20,000 MW capacity during next year, Minister of State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal said, adding that the government had taken several steps to provide impetus to renewables. He said removal and reduction of customs/ excise duty on […]

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