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Saturday, October 4, 2025
TopicBudget 2020

Topic: Budget 2020

LIC to be listed for IPO, employees say sale is against ‘national interest’

In her Budget speech, Nirmala Sitharaman announced that part of the state-owned LIC will be offered to private investors as part of the government's disinvestment initiative.

Only 1.82% hike in defence budget could hurt military acquisition & modernisation plans

In Union Budget 2020, defence pension sees the biggest jump with a 13.6% increase against the 2019-20 revised estimates.

100 more airports to be developed by 2025 under UDAN, announces Sitharaman in Budget speech

As a part of its boost to transport infrastructure, Finance Minister Nirmala Sitharaman said more Tejas-type trains will connect tourist destinations.

To boost investments, govt shifts dividend distribution tax from companies to recipients

Companies currently pay the DDT on the dividend given to shareholders at the rate of 15%, plus applicable surcharge and cess, in addition to the tax payable on profits.

CBI gets just Rs 4 crore extra in latest Union budget

The budget allocation for CBI, which is currently dealing with several high profile cases, went up from Rs 798 crore to Rs 802.19 crore in 2020-21.

Focus on rural India, women, SC/STs — Budget 2020 fits into Modi govt’s welfare plank

The Ministry of Rural Development has been allocated Rs 1,22,000 cr, with a mammoth share — Rs 61,500 cr — going to the MGNREGA.

Sensex dips 900 points to settle below 40,000 points after Sitharaman delivers Budget 2020

ITC was the top laggard in the Sensex pack, tanking 6 per cent, followed by HDFC, L&T, SBI, ICICI Bank and ONGC.

Modi govt allocates Rs 4,400 cr for cleaner air — big jump from Rs 460 cr in last budget

This is second consecutive year when Union Budget allocation for pollution-related schemes has seen substantial increase. In 2018-19, allocation was Rs 5 cr.

Nirmala Sitharaman cuts short her budget speech but it’s still India’s longest ever

Speaking for a record 2 hour 40 minutes, Finance Minister Nirmala Sitharaman prematurely ended her budget speech citing health reasons.

Winners and Losers: Who got what in Nirmala Sitharaman’s Budget 2020

Here’s a short list of winners and losers from Nirmala Sitharaman’s second union budget.

On Camera

6 reasons Trump’s Gaza plan won’t work—even if Hamas accepts it

On paper, the 21-point plan looks balanced—Palestinian governance, international oversight, reconstruction pledges. But in reality, it is a non-negotiable diktat.

Nodal officers to fast-tracking NOCs, Kerala govt’s heeding investor concerns, and it means business

As many as 21 policy reforms are under implementation following Invest Kerala Global Summit, as LDF govt works to change perception that the state is not conducive to businesses.

Army chief’s big warning to Pakistan: Stop sponsoring terrorism if you want to exist geographically

Amid continued concerns over cross-border terrorism, General Upendra Dwivedi further warned the neighbour that India will not show restraint if there is an Op Sindoor 2.0.

How Pakistan thinks: Army for hire, ideology of convenience

Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.