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Monday, August 18, 2025
TopicBudget 2020

Topic: Budget 2020

8% rise in budget for Jal Shakti, ministry handling Modi dream of piped water for all 

Namami Gange, a flagship scheme of Modi govt aimed at cleaning up the Ganga, saw its allocation increase by Rs 100 crore over 2019-20.

Lower income tax rates but no deductions — Modi govt creates optional second tax system

Taxpayers will have to forego Rs 1.5 lakh savings deduction and Rs 2 lakh interest deduction on home loans, among others, to avail new income tax rates.

Budget 2020: 15th Finance Commission keeps states’ share virtually unchanged for FY21

With Census 2011 as basis, the panel has reduced shares of states like Kerala, Andhra Pradesh and Telangana. States expected to oppose the recommendations.

In Budget 2020, govt sets agenda to revise motherhood age to curb maternal mortality

As India progresses, need to look at the age of girls entering motherhood, Nirmala Sitharaman says in her budget speech.

‘Our nation like blooming lotus’ — Sitharaman quotes Kashmiri, Tamil poets in Budget speech

Finance Minister Nirmala Sitharaman quoted Kashmiri poet Dina Nath Nadim, and Tamil poets Avvaiyar and Thiruvalluvar in her Union Budget speech in Parliament.

Modi govt’s Budget proposes Rs 30,757 crore allocation for Jammu & Kashmir

Allocation for Ladakh is Rs 5,958 crore. Finance Minister Nirmala Sitharaman also said the government has earmarked Rs 100 crore for hosting the G-20 Summit.

Nirmala Sitharaman raises FY20 fiscal deficit projection to 3.8%, FY21 target set at 3.5%

In Union budget speech, Nirmala Sitharaman says govt used the deviation allowed in the FRBM Act of 0.5 percentage points in both FY20 and FY21.

Sitharaman’s education budget has FDI, making students job-ready, Rs 5,000-cr allocation rise

Finance Minister Nirmala Sitharaman also announced the setting up of a police academy and a forensic science university in Budget 2020.

Budget 2020 updates: Longest speech gives no major fiscal stimulus, some tax relief, disappoints Opposition

Finance Minister Nirmala Sitharaman presented the Union Budget in Parliament Saturday. Transport, rural India were major winners while investment was the biggest loser.

Sensex slumps over 200 points ahead of Union Budget presentation

The 30-share BSE index dropped 279 points early in the day and was trading at 124.96 points.

On Camera

Why Modi, BJP should worry about bad blood between CEC Gyanesh Kumar and Rahul Gandhi

If there is bad blood between the CEC and the Opposition leaders, it will shake the people’s faith in election results. It’s the worst thing that could happen to Indian democracy.

Navigating Trump’s tariffs is no child’s play. Indian toymakers are losing out on orders, enquiries

Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.

Pakistan signs $1.5 billion deal to sell lethal combat weapons to Sudan’s junta

The deal, believed to be paid for by a third nation, will give the Sudanese Armed Forces access to light attack aircraft, engines, armoured fighting vehicles & unmanned aerial vehicles.

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?