Home > United Nations Online Network in Public Administration and Finance (UNPAN)
1. Global
2. Africa
3. Arab States
Arab States
4. Asia & Pacific
Asia & Pacific
5. Europe
6. Latin America & Caribbean
Latin America & Caribbean
7. North America
North America
UNPAN Asia & Pacific

Public Administration News  
India's Finance Minister Presents Federal Budget
Source: www.globaltimes.cn
Source Date: Friday, July 05, 2019
Focus: Citizen Engagement
Country: India
Created: Jul 08, 2019

India's Finance Minister Nirmala Sitharaman Friday presented the country's General Budget 2019-20 in parliament, officials said. 

"Finance Minister Nirmala Sitharaman is currently presenting the annual budget in parliament," a finance minister official said. "She is addressing the Lok Sabha, the lower House of parliament." 

It is Sitharaman's maiden budget and first budget of the Narendra Modi government in the second tenure. 

"Indian economy has reached 2.7 trillion dollars. It is well within our limit to reach 5 trillion dollar. Indian economy will be a 3 trillion dollar economy in the current financial year," Sitharaman said. 

Officials said the finance minister along with junior minister and officials from finance ministry gave final touches to the general budget on Thursday evening. 

Prime Minister Narendra Modi and other ministers are currently in the parliament listening to the finance minister's address. 

Ahead of presenting the budget, as per tradition Sitharaman called on President Ramnath Kovind. 

The federal budget -- annual financial statement of a government -- gives details about the revenue and expenditure, besides providing estimates about spending for the coming year.
News Home

 Tag This
 Tell A Friend
del.icio.us digg this Slashdot
0 ratings
Views: 70

Comments: 0 Favorited: 0 Bookmarked: 0 Tagged: 0

0 Comments | Login to add comment

Site map | FAQs | Terms and Privacy | Contact Us
Copyright 2019 by UNPAN - United Nations Public Administration Network