Budget 2020 LIVE Streaming Online: When and where to watch to full speech
Budget 2020 LIVE Streaming Online: Finance Minister Nirmala Sitharaman is set to present Union Budget 2020. This will be her second budget in the Parliament. Here is how to watch it. Here is how to watch it.
Budget 2020 LIVE Streaming Online: Finance Minister Nirmala Sitharaman is set to present Union Budget 2020. This will be her second budget in the Parliament. The budget will comprise government of India's estimated revenue and expenditure for the current and next fiscal, which runs from April 1 to March 31. A day before the budget, the finance minister tabled the economic survey in the Lok Sabha prepared by Chief Economic Advisor Krishnamurthy Subramanian and his team. Nirmala Sitharaman's budget speech in parliament is expected to start at around 11 am in the Lok Sabha.
Budget 2020 LIVE Streaming Online
Budget 2020 LIVE Streaming Online will be available on Zee Business TV where Managing Editor Anil Singhvi will be providing all the breaking news LIVE as well as analysis with top segment experts. You can catch the same through Zee Business website as well. ZeeBiz.com will bring you all the news and updates from the budget. Our social media handles will also cover the Union Budget. You can get the updates on #BUDGET2020ZEE.
What did Economic Survey 2020 say?
The Economic Survey 2019-20 has projected 6-6.5 per cent GDP growth in FY21. It suggested to relax fiscal deficit target to boost growth. The Survey noted that the year 2019 was a difficult year for the global economy with world output growth estimated to grow at its slowest pace of 2.9 per cent since the global financial crisis of 2009.
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"A sharp decline in real fixed investment induced by a sluggish growth of real consumption has weighed down GDP growth from 2nd half of 2018-19 to 1st half of 2019-20," the Survey tabled in the Parliament on Friday said. The Survey pointed out that real consumption growth had recovered in Q2 of 2019-20 on the back of higher government spending.
What to expect from Budget 2020?
"Given the state of the economy, there are a lot of expectations from the budget. The government should do more to incentivize investments in startups especially in the fin-tech sector in order to expedite financial inclusion. A common KYC for banks, investments, and insurance will go a long way in accelerating that goal.Regulations need to provide stability and clarity and not change abruptly without due consultations. On the personal finance front, the overhaul of income tax slabs is long due. Also, we are hoping that the income tax deduction limit under section 80C gets raised to 2 lakhs," Ankur Choudhary, Co-Founder & CIO, Goalwise.com said.
"Over the last few years, with a larger number of businesses incorporating emerging technologies such as Artificial Intelligence and Machine Learning, there has been a sharp rise in demand for curating specialized skill-sets. In this direction, the Government, in the soon-to-be-announced Budget 2020, should take measures which duly fill the severe need-gaps. Allotting funds towards the required training and technical know-how will be instrumental in empowering the deserving and well-minded youth of the country with industry-aligned germane skills like AI, IoT, Big Data and Robotics," Aakrit Vaish, CEO, Haptik said.
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