Nirmala Sitharam  

Finance minister Nirmala Sitharaman is once again back with the 'bahi-khata' (ledger) to present her second Budget. According to Sitharaman, 'bahi-khata' is known to be auspicious.

In a few minutes from now, FM Nirmala Sitharaman will be presenting her second budget.

Here’s what businessmen expect from finance minister Nirmala Sitharaman’s second budget. 

Listing industry experts’ expectation from the Union budget, scheduled for February 1

Finance minister Nirmala Sitharaman on Friday (January 31) presented the Economic Survey 2019-20 in the Parliament. While submitting the survey report, the finance minister said that disinvestment improves firm performance and overall productivity to create wealth.

Prime Minister Narendra Modi on 30th January said the Government is open for discussion on all issues in the forthcoming Budget Session of Parliament. He was addressing the all-party meeting on the eve of the Budget session which is beginning on the 31st of January 2020.

Finance minister Nirmala Sitharaman will on Friday (January 31) table the Economic Survey for the financial year 2019-20. She will present her second Union Budget on Saturday.

Finance minister Nirmala Sitharaman will present the Union Budget 2020 on February 1. What do the financial experts have to say about it? Let’s find out.

In 2019, Nirmala Sitharam made history by becoming India’s first full-time woman Finance Minister. While presenting the Budget 2019, she termed the women of the country as ‘nari tu narayani’, suggesting they hold an important place in the development of our country. As the countdown to Budget 2020 begins, let’s take a look at what Indian women want in this episode of Not For Women Only with Sunita Iyer.

Finance minister Nirmala Sitharaman was absent during the pre-budget meeting chaired by PM Modi. Congress made a sexist remark on Nirmala Sitharaman and questioned how many men does it take to do a woman’s job on Twitter. BJP slammed Congress for their remarks and said Congress resorted to false narration and dramatised everything.

Finance minister Nirmala Sitharaman unveiled Rs 102 lakh crore of infrastructure projects to be implemented in the next five years
 

PSBs has attached assets worth over Rs. 2.3 lakh crore over the last three financial years and to enable online auction by banks of attached assets transparently and cleanly for the improved realization of value, eBkray, a common e-auction platform was launched by the Finance Minister on 28th December. The platform is equipped with property search features and navigational links to all PSB e-auction sites, provides single-window access to information on properties up for e-auction as well as the facility for comparison of similar properties, and also contains photographs and videos of uploaded properties.

The Vice President of India, M Venkaiah Naidu expressed confidence that the Indian economy would rebound in the near future saying that the current slowdown was cyclical. Inaugurating the 102nd annual conference of the Indian Economic Association on December 27th, he said it was true that the Indian economy was facing some challenges due to the decline in growth this fiscal. However, he said the country had faced similar slumps in the past in the wake of the East Asian financial crisis and global slowdown but bounced back with a higher growth rate every time.

Union finance minister on Thursday (December 26) released a postage stamp in Delhi to commemorate notable contribution of the Directorate of Revenue Intelligence (DRI) to the country

Piyush Goyal, Minister for Commerce and Industry and Railways addressed the inaugural session at the Exports Summit 2019 organized by the Confederation of Indian Industry (CII) in New Delhi on 17th December. He emphasized that the Indian industry must be enabled and empowered to take advantage of global value chains. He further noted that it is important for Government and industry to work together to make the industry more competitive and more proactive. Government is working to bring more predictability to export finance, exports scheme, and productivity.