The government has planned to form a holding company named the Indian Railway Rolling Stock Company, like CRRC Corporation Limited of China, that will independently control and manage the private companies.
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Petrol and diesel prices have gone up by ₹2 per litre all over India after announcement by the finance minister, Nirmala Sitharaman, about imposition of excise duty of ₹1 and road and infrastructure cess of ₹1 per litre on both petrol and diesel in the Union Budget 2019.
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The Union Budget allocation for the Indian space programme is estimated to go up by 11 per cent to about ₹12,473 crore, which is revised from the estimate of around ₹11,200 crore in 2018-19.
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The government unveiled the full-fledged Union Budget for the current financial year, on Friday. Union finance minister Nirmala Sitharaman presented her maiden Budget in Parliament.
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Union finance minister Nirmala Sitharaman tabled the economic survey in Parliament, on Thursday, which projected gross domestic product growth at 7 per cent in the 2019-20 fiscal year from an estimated 6.8 per cent in the previous year.
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