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Union Budget Highlights 2019

Union Budget Highlights 2019 Several Goals has been set by the Current Government including the $5 Trillion Economy and the goal of improving Rural Living, Road and Infrastructure Services. India, the 11th largest economy globally in the Financial year 2013-14 and now emerged as 6th Largest economy in the World. The Current Account Deficit (CAD) is 2.1 Percent of GDP in the year 2018-19. It was seen as 5.6 percent in the Financial year 2013-14. FDI received in the last fiscal year were reported as $64.4 Billion. The current Fiscal deficit stated as 3.3 percent of GDP. Earlier it was 4.5 percent in the year 2013-14. There are proposals to improve Road and Air Traffic. Rs. 50 Lakh Crore funds have been allocated to improve Rail Infrastructure. It has been stated that the project cost for Rail Infra will be implemented from the year 2018 to 2030. Through Public-Private Partnership, supporting for the Railways were also discussed. The Government has setup various schemes to promote MSME (M