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Fiscal Programme for 2019-20 and beyond

Budget - Dated:- 1-2-2019 - Ministry of Finance Fiscal deficit pegged at 3.4% of GDP for 2019-20 In 2019-20 be, total expenditure rises by 13.30% over 2018-19 RE 35.6% increase in allocation for welfare of SCs, 28% for STs Disinvestment target of ₹ 90,000 Crore set for 2019-20 Posted On: 01 FEB 2019 1:44PM by PIB Delhi The Interim Budget 2019-20 has pegged the fiscal deficit for the year 2019-20 at 3.4% of GDP. While presenting the Interim Budget 2019-20 in Parliament today, Union Minister .....

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Despite the marginal increase, the fiscal deficit to GDP ratio is well on track to achieve its target level of 3% of GDP. The main focus of the ensuing year will be to improve the expenditure efficiency and improve tax collections to ensure that the economy moves back to the fiscal deficit path as mentioned in the Fiscal Responsibility & Budget Management (FRBM) Act, says the Medium Term Fiscal Policy cum Fiscal Policy Strategy Statement. Further, the above document says that the Gross Tax .....

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gh increase considering low inflation. It has risen by ₹ 3,26,965 crore or approximately 13.30%, from ₹ 24,57,235 crore in 2018-19 RE to ₹ 27,84,200 crore in 2019-20 BE. Further, 2018-19 RE figures have shown an increase over BE 2018-19 figures by ₹ 15,022 crore. The Capital Expenditure for 2019-20 BE is estimated to be ₹ 3,36,292 crore. The increase in total expenditure is on account of increased support to agricultural sector, interest payments and internal securi .....

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86 crore as against ₹ 39,135 crore in BE 2018-19, an increase of 28%. Regarding Disinvestment proceeds, the Government is confident of crossing the target of ₹ 80,000 crore this year and have kept a target of ₹ 90,000 crore in BE 2019-20, as per the Budget at a Glance document. Shri Goyal said in his Speech, We have pursued the public enterprises asset management agenda to make these enterprises accountable to the people. As many as 57 CPSEs are now listed with total market cap .....

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mlined system. Stamp duties would be levied on one instrument relating to one transaction and get collected at one place through the Stock Exchanges. The duty so collected will be shared with the State Governments seamlessly on the basis of domicile of buying client. While giving a vision for fiscal consolidation, Shri Goyal said in his Speech, We have maintained the glide path towards our target of 3% of fiscal deficit to be achieved by 2020-21 . The Government will now focus on Debt consolidat .....

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