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


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


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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