Key announcements

Updated : Nov 4, 2015

Union Budget 2015-16: FM Arun Jaitley proposes public debt management agency

"I intend to begin this process this year by setting up a PDMA which will bring both India's external borrowings and domestic debt under one roof," the minister said.

India buys 800-1,000 tonnes of gold a year, but the decision to keep the import duty intact may raise prices that were edging down on expectations of a cut. Smuggling could rise, too.

Updated : Feb 28, 2015

Union Budget 2015-16: Govt to launch gold accounts, import duty unchanged

In moving towards recycling of gold held in households and temple trusts for years, Finance Minister Arun Jaitley signalled the government's intent to cut shipments into the world's top consumer of the metal. Massive gold imports often skew India's trade balance.

Updated : Feb 28, 2015

Union Budget 2015-16: Indian economy fastest-growing in the world, says Jaitley

"The real GDP growth is estimated at 7.5 per cent for this fiscal, making India the fastest-growing large economy of the world," said Jaitley, watched keenly by Prime Minister Narendra Modi, seated next to him.

Updated : Feb 28, 2015

Govt to enhance MGNREGA allocation by Rs 5,000 crore, says FM

The MNREGA scheme is a social security measure that seeks to guarantee right to work in rural areas.

Key announcements

Union Budget 2015-16: FM Arun Jaitley proposes public debt management agency

Union Budget 2015-16: Govt to launch gold accounts, import duty unchanged

Union Budget 2015-16: Indian economy fastest-growing in the world, says Jaitley

Govt to enhance MGNREGA allocation by Rs 5,000 crore, says FM

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