India Now 5th Largest Economy Globally: Budget Numbers at a Glance
India has uplifted 271 million people out of poverty, Nirmala Sitharaman said as she tabled Union Budget 2020.
Updated:
India has uplifted 271 million people out of poverty, Nirmala Sitharaman said as she tabled Union Budget 2020 in the Parliament.
|(Photo: The Quint)
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India is now the fifth largest economy in the world, said Finance Minister Nirmala Sitharaman on Saturday, 1 February, as she tabled the Union Budget 2020-21 in Parliament.
Here’s everything you need to know – at a glance:
What’s more?
- Rs 2.83 lakh crore allocated for agriculture and rural sector, divided into two categories – Rural Development and Agriculture, and Allied Activities and Irrigation
- Rs 99,300 crore allocated for the education sector
- Rs 3,000 crore allocated for skill development
- Health sector allocated a sum of Rs 69,000 crore
- Rs 12,300 crore allocated for the Swachh Bharat Abhiyaan
- India’s FDI elevated to $284 billion during 2014-19 from $190 billion that came in during the 2009-14 period
- Rs 100 crore allotted to prepare for hosting G20 presidency in 2022
For all the live updates on Budget 2020, click here.
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