Budget 2020: Analysis of Budget announcements, Decoding the Budget - Business Today
Business Today
Decoding the Budget
Work begins on Budget 2020 proposals; DFS approves raising deposit insurance to Rs 5 lakh

At present, bank depositors get an insurance cover of Rs 1 lakh on their amount by the Deposit Insurance and Credit Guarantee Corporation if a bank fails

Rating agency says five-fold increase in deposit insurance to Rs 5 lakh from Rs 1 lakh earlier is "credit positive" for banks, as it will raise depositor confidence
Budget 2020: The government has allocated Rs 61,500 crore for MGNREGA scheme, which is lower than last year's revised estimates of Rs 71,002 crore by 13.4 per cent
The industry has been in the midst of a protracted slowdown as consumers at large, faced with rising unemployment and an unsure future, have stopped spending
Machine learning and AI will be used for delivering the Ayushman Bharat scheme
Budget 2020: FM Sitharaman said that government will involve youth in fishery extension through 3477 Sagar Mitras and 500 Fish Farmer Producer Organisations (Fish FPOs)
The government expects to raise Rs 90,000 crore through sale of stakes in state-owned life insurance company LIC and IDBI Bank
Kasturirangan feels that with new pedagogy, teachers and infrastructure, India could really become a destination for higher education for international students