Published: 01st February 2019
Union Budget 2019-20 Live: Rs 38,572 crores for National Education Mission
There will be a rise in total expenditure of Rs 3,26,965 crore or 13.30 per cent in 2019-20
The interim Union Budget 2019-20 allocated Rs 38,572 for National Education Mission crore in 2019-20. Piyush Goyal announced that Rs 27,584 crore will be allocated for Integrated Child development scheme in 2019-20. There will be a rise in total expenditure of Rs 3,26,965 crore or 13.30 per cent in 2019-20 from revised estimate of 2018-19. Capital expenditure is pegged at Rs 3.36,292 lakh crore. The focus will be on debt consolidation, he added.
The interim Union Budget 2019-20 was presented by the interim Finance Minister Piyush Goyal before both houses of the parliament on February 1. He was presenting the budget as Finance Minister Arun Jaitley has been sidelined with an illness and Goyal, who also serves as Railways and Coal Minister in the cabinet, took the task upon himself to fill in Jaitley's sizeable shoes. Goyal, flanked by BJP heavyweights went through the motions of showcasing the budget in a briefcase before entering parliament for the mandatory cabinet meeting. The budget presentation began a few minutes after 11 am and Goyal delivered his budget speech in a mixture of Hindi and English. The initial points of announcement went without too much furore from the opposition and served as a highlights package of the NDA's near-five year reign at the centre.