InvestorQ : How budget creates economic condition?
nikhil jogaram jadhav made post

How budget creates economic condition?

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divya Sing answered.
1 year ago

India is a popular economy known as one of the fastest developing countries in the world. Experts predict the country's economy will have top three economic powers of the world in the next 10-15 years.

The revised budget by the Union Budget 2019, Finance Minister Nirmala Sitharaman is expected on July 5th, 2019 is been structured with various economic issues. These issues are on the way that needs serious resolution. Many market experts expect to have a strong budget.

Issues of country's growth GDP and unemployment are two major issues. These are directly linked with farmer's agricultural issues.
The budget is expected to introduce a mobile app based for farmers. This will be operated by farmers for direct marketing, like aquatic farming. Rural place will have some special plan to develop uncultivated land for solar farming.

The upcoming Budget needs to revise the investment and growth of the public investment. A new policy is expected to come that will enable investment that may worth Rs.25 lakh crore by both private and public sector towards India's rural economic growth.

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ananya Sing answered.
1 year ago

India's Prime Minister Narendra Modi had discussed global issues with US President Donald Trump. The discussion includes the Iran, 5G communications networks, trade, and defense ahead of the G-20 Summit. Through this Indians believe to be soon relieved through the major issues.

A recent report says India's finance minister Nirmala Sitharaman will be looking forward towards the increasing demand from southern states for bank recruitment exams.
Also, a new proposal by the government will be soon effective over the wage ceiling for dependent parents under the labour ministry’s Employees’ State.

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Madhu answered.
1 year ago

Budget is created according to economic condition. It is either surplus or deficit.