On July 5th, Finance Minister Nirmala Sitharaman presented the full budget for financial year 2019-2020. The Budget lists down the Government’s macro-economic plans for boosting sustained economic grow, including how to achieve its goal of becomming a US$5 trillion dollar economy by 2025.
The budget also includes the governments 10-point vision for the next decade:
- Building Team India with Minimum Government Maximum Governance
- Achieving Green Earth and Blue Skies through sustained initiatives to reduce pollution
- Making Digital India reach every sector of the economy to drive inclusive development
- Launching Gaganyan, Chandrayan, other space and satellite R&D and launch programmes
- Building all-round physical and social infrastructure to help maximise human potential
- Water, waste management, and clean rivers to improve India’s Human Development Index
- Blue Economy can serve as a growth catalyst to establish a $10 trillion economy by 2032
- Self-sufficiency, export of food-grains, pulses, oilseeds, fruits and vegetables and products
- Achieving health with Ayushman Bharat (Healt-care Insurance), well-nourished women & children, safety of citizens
- Focus on MSMEs, startups, defence, auto, electronics, medical devices under Make in India