Nirmala Sitharaman full budget 2020 speech: Read all about the presentation in Parliament

Finance Minister Nirmala Sitharaman today presented her second Budget in Parliament. In her speech, Sitharaman said announced a multi-billion dollar package of farm and infrastructure support for 2020/21. This was the longest speech ever by a finance minister. And even then, it was left unfinished as Sitharaman felt unwell with 2 pages still to be read out. The speech and to be abruptly cut short and the House was adjourned.  

Read Nirmala Sitharaman full budget 2020 speech below:

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A Brief Look At Budget 2020

Finance Minister Nirmala Sitharaman on Saturday announced cuts in personal income tax, extended tax benefits for affordable housing and gave relief to companies on payment of dividend in the Union Budget for 2020-21 as the government looked to boost consumption to bring the economy out of the worst slowdown in 11 years.

The minister proposed raising customs duty on a variety of products ranging from tableware and kitchenware, electrical appliances to footwear, furniture, stationery and toys to give a level playing field to domestic companies and boost 'Make in India'.
To boost growth, Sitharaman announced higher spendings on infrastructure, rural development and agri sector.
The Finance Minister said the government is proposing a 16-point action plan to boost agriculture and farmers' welfare.
Agricultural services need copious investments, she said, adding government has insured 6.11 crore farmers under the Pradhan Mantri Fasal Bima Yojna.
With her post 2019-20 Budget corporate tax cut drilling a Rs 1.45 lakh crore hole in government revenues, the minister hiked the fiscal deficit target for current fiscal to 3.8 per cent of GDP, from 3.3 per cent.

With Inputs From PTI