Page 4 - Latest Updates on Union Budget 2019
FM stresses the need to strengthen higher education system in Budget
To provide quality sports education, Sitharaman proposed creating a National Sports Education Board, under the Khelo India scheme
 "FM stresses the need to strengthen higher education system in Budget")
Union Budget 2019: Bank recapitalisation to take place in two stages
Recapitalisation will involve two legs - first, banks will subscribe to bonds floated by the govt. In the second leg the govt will infuse that money into public sector banks
 "Union Budget 2019: Bank recapitalisation to take place in two stages")
Budget 2019: Govt looks to attract more private investment in agri sector
The announcements didn't impress the farmers who termed the Budget as lukewarm and having done little to address the core issue of falling returns in the sector
 "Budget 2019: Govt looks to attract more private investment in agri sector")
Budget 2019 is impressive in clarity on both the destination and direction
The Reform, Perform and Transform policy of the government is working well
Union Budget 2019: 'Digital India' push to achieve $5-trillion economy
The reach, impact, and real-time access to all citizens, has propelled the government to aggressively work towards building the digital infrastructure in the country
 "Union Budget 2019: 'Digital India' push to achieve $5-trillion economy")
Budget 2019: Govt hands over housing finance companies to RBI from NHB
HFCs, which so far have conducted business with light-touch regulation, will likely face intense scrutiny
 "Budget 2019: Govt hands over housing finance companies to RBI from NHB")
Budget 2019: Not much for travel and tourism, says MakeMyTrip CEO
There was no specific mention of fund allocation for UDAN, the regional connectivity scheme, which is disappointing
 "Budget 2019: Not much for travel and tourism, says MakeMyTrip CEO")
Budget 2019: Liquidity tap opened for NBFCs, RBI gets powers over boards
Government will encourage PSBs to buy high-rated pooled assets of up to Rs 1 trn of good credit firms
Budget 2019: Infra boost bodes well for tourism, says OYO's Ritesh Agarwal
Concerns over employment generation have been addressed, albeit indirectly
 "Budget 2019: Infra boost bodes well for tourism, says OYO's Ritesh Agarwal")
Sitharaman's maiden Budget is high on policy and expenditure allocation
Of particular note are the policy announcements on Jal Shakti, infrastructure investments, and India's added soft power
This Budget has been made with a 10-year vision in mind: FM Sitharaman
'Our start-ups have brought about a big social transformation', said FM Sitharaman
 "This Budget has been made with a 10-year vision in mind: FM Sitharaman")
Author Shobhaa De's take on the best and worst things in Budget 2019
There was nothing too thrilling about this Budget, though nothing terrible either
 "Author Shobhaa De's take on the best and worst things in Budget 2019")
Mid-caps take a plunge: EY looks at stock movements after Budget 2019
EY looks at the triggers for some important stock movements after the budget
 "Mid-caps take a plunge: EY looks at stock movements after Budget 2019")
Chef Sanjeev Kapoor's take on the best and worst things in Budget 2019
The Budget would help in job growth but only in the long term
 "Chef Sanjeev Kapoor's take on the best and worst things in Budget 2019")
Budget 2019: Fiscal deficit number reassuring, says Soumya Kanti Ghosh
Regulatory control of NBFCs will shift to the RBI, and this will create a level playing field in the market
 "Budget 2019: Fiscal deficit number reassuring, says Soumya Kanti Ghosh")
Budget disappoints market: Asian Paints, Bajaj Finance, Hindalco end lower
The stock market ended the Budget day trading session a per cent lower
 "Budget disappoints market: Asian Paints, Bajaj Finance, Hindalco end lower")
Budget 2019: Cut GST temporarily to revive auto demand, says Pawan Goenka
The additional income tax deduction for electric vehicle (EV) buyers will incentivise purchase and spur demand
 "Budget 2019: Cut GST temporarily to revive auto demand, says Pawan Goenka")
Union Budget 2019: Unusually opaque and insipid, says P Chidambaram
Chidambaram said last year the government lost revenue of Rs 1.6 trillion
 "Union Budget 2019: Unusually opaque and insipid, says P Chidambaram")
Chef Manish Mehrotra's take on the best and worst things in Budget
The food and beverage industry is responsible for a lot of jobs in the country today, said Mehrotra
 "Chef Manish Mehrotra's take on the best and worst things in Budget")
Sitharaman's maiden Budget leaves big economic questions unanswered
The adoption of electric vehicles is poor in India because of a lack of consumer choice
 "Sitharaman's maiden Budget leaves big economic questions unanswered")
