Key takeaways from Budget 2020
/ 2 min read
Illustration by Anirban Ghosh
Key takeaways from Budget 2020
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Finance minister Nirmala Sitharaman in her Budget speech announced several measures to revive growth.
Illustration by Anirban Ghosh
Illustration by Anirban Ghosh
Budget 2020 proposes to introduce a new tax regime with lower tax rate rates for individual taxpayers who forego certain deductions and exemptions.
Illustration by Anirban Ghosh
With India is set to have the largest working-age population in the world by 2030, Budget 2020 proposes to provide about ₹3,000 crore for skill development.
Illustration by Anirban Ghosh
The Budget proposes to allocate ₹2.83 lakh crore for agriculture, allied activities, irrigation, and rural development for FY21.
Illustration by Anirban Ghosh
PM-KUSUM scheme will also help another 1.5 million farmers solarise their grid-connected pump sets.
Illustration by Anirban Ghosh
The Budget also proposes to provide an outlay of ₹8,000 crore over a period five years for the National Mission on Quantum Technologies and Applications.
Illustration by Anirban Ghosh
Finance minister Nirmala Sitharaman says LIC to go public.
Illustration by Anirban Ghosh
The Budget proposes to provide ₹3,150 crore to the ministry of culture for 2020-21.
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