Smt. Nirmala Sitharaman Union Minister for Finance and Corporate Affairs on 5th July 2019 presented the Union Budget 2019-20 before Parliament. The budget contains the receipts and expenditure as well as the Fiscal Deficit (FD), Revenue Deficit (RD), Effective Revenue Deficit (ERD), and the Primary Deficit (PD) of the Government of India.
Here are the Key Features of Budget 2019-20:
♦ Vision for $5 trillion economies driven by investment.
♦ Transforming the rural lives through New Jal Shakti Mantralaya to ensure Har Ghar Jal
♦ Enhancing ease of direct and indirect taxation
♦ Strengthening connectivity Infrastructure
♦ Gandhipedia to sensitize society
♦ India’s soft power
♦ Harnessing India’s space abilities
Importance of the Economic Survey/Union Budget for Students Preparing for Competitive Exams
Economic Survey or the Union Budget has great importance for students preparing for competitive exams. Upon an overview of the trend analysis in the RBI exam, it is seen that from 2011, about 7-8 of 20 questions came directly from the Economic Survey. While it is also seen that in the CSE [Mains] about 30-40 questions come directly from the Budget or Economic Survey.
Thus it is very important to get the details of the Economic Survey/Union Budget in your fingertips. A good glance at the key features of the various sectors will keep you prepared for can questions in the competitive exams.
If you are looking for a free downloads Economic Survey & Union Budget, Disha Publication has got you well covered. To get all the most important updates of the budget, download it now.
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