FM Piyush Goyal in an interview with BTVI’s Executive Editor Siddharth Zarabi talks about tax rebate, assured income for small farmers, 3 banks exiting PCA, bad loans, UPA mess, fiscal health & whether any compulsions exist in NDA coalition.
For every rupee in the government coffer, 70 paise will come from direct and indirect taxes, while the government will spend 23 paise towards state's share of taxes and duties.
Various steps taken by the government has helped the banks significantly and as a result three banks -- Bank of India (BoI), Bank of Maharashtra (BoM) and Oriental Bank of Commerce (OBC) -- are out of the PCA framework, he said while presenting the Interim Budget for 2019-20.
The big numbers ahead of Budget 2019.
Up to Rs 65,000 crore has been approved for a host of rail infrastructure projects on the suburban network in Mumbai and its surrounding areas, said Railway Minister Piyush Goyal.
Prime Minister Narendra Modi greeted the nation on the occasion of Bhai Dooj, a festival that celebrates the special bond between a brother and sister.
Railway Minister Piyush Goyal emphasising on safety and improving infrastructure of the national transporter through mega investments and recruitments, deaths from train collisions or derailment in India have fallen by more than 84 per cent, a senior railway ministry official said.
Sardar Patel was a farmers' leader but also believed that promoting business was necessary to improve the economy and create employment, Union Minister Piyush Goyal said.
Union minister Piyush Goyal said that the Narendra Modi government discontinued the decades-old practice of presenting a separate railway budget to stop political parties from using it as a "tool" to win elections.
Punjab cabinet minister Navjot Singh Sidhu wrote a letter to Railways minister Piyush Goyal, seeking high fencing and installation of CCTV cameras along rail tracks to prevent accidents.