Motilal Oswal
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Motilal Oswal
Feb 02, 2019 07:01 AM IST | Economy

Budget 2019: Govt pins hopes on revenue windfall — “tax buoyancy” — to fund populist schemes

On Friday, the interim Budget for 2019-20 offered direct cash support of Rs 6,000 to 120 million poor farmers and allocated more funds for a rural jobs guarantee scheme and rural development, like building roads and homes.
The government said it would launch a pension scheme for workers in the unorganised sector, which employs some 420 million people.
Budget 2019: Govt pins hopes on revenue windfall — “tax buoyancy” — to fund populist schemes
Published Date: Feb 1st, 2019 07:35 PM | Updated Date: Feb 02, 2019 07:01 AM IST
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