INDIAN BUDGET ANNOUNCED ON 1ST FEBRUARY 2020 IS A BALANCING ACT TO BOOST THE ECONOMY ALONG WITH THE CONTINUITY OF RESEARCH AND DEVELOPMENT !!!

"In the Indian Budget of FY 2020-2021 
announced by Shrimati Nirmala Sitharaman 
on 1st February 2020, focus has been 
given on 'Income Tax' FLEXIBILITY; 
if you are not happy with long term 
investments under Section 80C, then go 
for new tax slabs, otherwise, stick to 
old tax slabs as per your SUITABILITY.  
Farming will not only 
be limited to farming only, 
it also extends to FISHERIES; 
budget allocation have 
been made for spatial science 
and quantum PHYSICS; 
cops of India will have specialized 
training centres to learn more about 
cybercrimes and FORENSICS. 
Prepaid Smart Metering system will help 
to reduce the electricity EXPENSES; 
PPP model will be implemented to 
speed up projects in several CASES. 
To boost financing in MSMEs and SHGs, 
there has been a reasonable amount 
of budget ALLOCATION; 
more focus is given on national security, 
medical healthcare, women 
empowerment and SANITATION; 
Indian Railways can create 
on their land anywhere, 
any type of Solar plant STATION; 
focus is given to supply waters to 
each and every village both for 
drinking and IRRIGATION; 
public food distribution system to be 
modernized further to have 
'One nation, one RATION.' 
There is no such 
worries now regarding 
the 'Dividend Distribution TAX'; 
with 'Income Tax' flexibility, the middle class 
people will spend more on buying 
consumer products, so, just RELAX. 
New airports in 
North-Eastern states will 
generate new BUSINESS; 
to pump more money in the 
economy, LIC IPO is a good 
move, NEVERTHELESS."- Arindam Sain