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Union Budget 2020 themes: Aspirational India, Economic Development, Caring Society

Budget 2020: FM Nirmala Sitharaman elaborated that under the Aspirational India theme, the budget will cover rural, water and sanitation, and education

twitter-logoBusinessToday.In | February 1, 2020 | Updated 12:00 IST
Union Budget 2020 themes: Aspirational India, Economic Development, Caring Society
Union Budget 2020: FM Nirmala Sitharaman said this year's budget is woven around three prominent things- aspirational India, economic development (for all) and building a caring society that is humane and compassionate

Finance minister Nirmala Sitharaman listed out three major themes for Union Budget 2020 on Saturday (February 1). FM Sitharaman said this year's budget is woven around three prominent things- aspirational India, economic development (for all) and building a caring society that is humane and compassionate.

FM Sitharaman presented her second budget under Modi 2.0 government.

FULL COVERAGE:Union Budget 2020

She further elaborated that under the Aspirational India theme, the budget will cover rural, water and sanitation, and education.

Also Read: Budget 2020 Speech Live Updates: Budget will boost people's income, enhance purchasing power, says Nirmala Sitharaman

The finance minister also stressed on more welfare schemes for citizens under the government's holistic vision for essential health care.

The finance minister has an uphill task to lift the economy out of the worst economic slowdown in 11 years. FM Sitharaman is expected to pull out all stops to spur consumer demand and investment, government sources and economists said.

She added that the fundamentals of the economy are strong and inflation has been well contained, while banks cleaned up accumulated loans.

Also Read: Budget 2020 Date: When is Union Budget, Expectations from Modi govt, Time, where to watch

Presenting the Union Budget for 2020-21, she said it is aimed at boosting income and purchasing power of people.

The finance minister further said during 2014-19, the government brought a paradigm shift in governance.

She termed GST as a historic structural reform, saying it integrated the country economically.

Also Read: Budget 2020: Watch Live Streaming on Aaj Tak, India Today, live telecast channels

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