Are you a first time voter? Someone who voted for Modi Government in 2019? A Congress Supporter? OR A matured voter who understand the importance of chosen government? Someone who is probably voting for last time? It doesn't matter whoever you are but you must read this before choosing new government. Following are based on the direct quote from declaration made by Finance Budget in Parliament while presenting interim Budget 2019.
Know about Fiscal Deficit of India
The government kept the fiscal deficit at 3.4 percent for FY 19 and Current account deficit at 2.5% of the GDP. The fiscal deficit was close to 6% in the year 2014.
Backbone to support Rural India
Rs 3,000 per year pension for unorganised sector workers.
New Pradhan Mantri Shram Yogi Maandhan Yojana for unorganised sector workers with income up to Rs 15,000 per month. Beneficiaries will get Rs 3,000 per month pension with a contribution of Rs 100 per month after the retirement.
Govt allocates Rs 500 crore for the scheme
MNREGA Rural allocations for employment under Budget 2019
Rs 60,000 crore for MNREGA
Rs 19,000 allocated for construction of rural roads under Gram Sadak yojana
Defense Budget allocation of Union Budget 2019
Government increased defense budget to over Rs 3 lakh crore.
Government will provide additional funds for defence, if needed.
The government has disbursed 35,000 crore rupees under OROP scheme in the last few years
Improvement in Indian Railways
Railway operating ratio seen 96.2% in FY19 Vs 95% FY20.
Railway capex for FY20 set at record Rs 1.6 lakh crore.
Today there is not a single unmanned railway crossing on the broad gauge in India, as declared by the finance minister.
Nine priority sectors for govt declared in budget 2019
To build next-gen infrastructure - physical as well as social
To build a Digital India that reaches every citizen
Clean and Green India
Expanding rural industrialization using modern industrial technologies
Clean Rivers - with safe drinking water to all Indians
Oceans and coastlines
India becoming launch pad of the world;
Self-sufficiency in food and improving agricultural productivity with emphasis on organic food;
Healthy India
Minimum Government Maximum Governance, with proactive, responsible and friendly
Transparent Bureaucracy
Social schemes declared in Union Budget 2019
Government to build 1 lakh digital villages.
For the welfare of farmers and for doubling their income, historic decision was taken to increase MSP by 1.5 times the production cost for all 22 crops.
To ensure cleaner fuel and health assurance, the government embarked upon Pradhan Mantri Ujjwala Yojana, a program to give 8 crore free LPG connections to rural households, 6 crore connections have been given already.
Committee under NITI Aayog to be set up to for denotified nomadic & semi nomadic communities.
A single window clearance for filmmakers to be made available to filmmakers, anti-camcording provision to also to be introduced to Cinematography Act to fight piracy.
Union of India - State of Economy:
India is poised to become a $5 trillion economy in next 5 years, $10-trillion economy in the
next eight years
Commitment to fight Black money
Committed to eliminating the scourge of black money; anti-black money measures taken have brought an undisclosed income of about 1.30 lakh crore rupees to the fore; 3.38 lakh shell companies were deregistered.
GST has been continuously reduced, resulting in relief of 80,000 crore rupees to consumers; most items of daily use for poor and middle class are now in the 0%-5% tax bracket.
Fiscal deficit seen at 3.4 percent in FY 19 and Current account deficit at 2.5% of the GDP.
The government has recovered Rs 3 lakh crore through Insolvency and Bankruptcy Code. Govt expects banks on the central bank's Prompt Corrective Action list to be removed soon.
Understanding Indian GDP growth, inflation and pace of development between 2014 to 2019
Growth in the last 5 years has been higher than that by any other govt. Spent Rs 2.6 lakh crore in recap of PSU Banks.
Average inflation in UPA government was 10% and we have brought that down that to 4 percent. Inflation in December 2018 was 2.1%. If the government had not controlled inflation our families would have been spending 35-40 per cent more on daily use items.
The government conducted transparent auctioning of natural resources like coal and oil.
Domestic air traffic doubled in the last 5 years.
Over 90 percent of the country has been covered under sanitation coverage. People have made this a social revolution and i thank the 130 people of the country. More than 5.45 lakh villages have been declared Open Defecation Free.
Everybody will get electricity connection in the near future. The government had provided 143 crore electricity bulb to the poor.
Ayushman Bharat the world's largest healthcare programme was launched to provide medical care to almost 50 crore people, resulting in 3,000 crore savings by poor families
Lower costs of Stents & Knee implants have benefitted people. Government has announced 14 new AIIMS since 2014
Loans worth Rs 7.23 lakh crore have been given under Mudra Yojana.
Monthly mobile data consumption has increased 50x in last 5 years; cost of data & voice calls.