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Union Budget will be presented on July 5, says government

Union Budget will be presented on July 5

Written by: India TV News Desk New Delhi Published : May 31, 2019 20:08 IST, Updated : May 31, 2019 20:27 IST
PM Narendra Modi

PM Narendra Modi

Cabinet Minister Prakash Javdekar said on Friday (May 31) that Union Budget will be presented on July 5. He was speaking at a press conference held after Union Cabinet's first meeting after Lok Sabha Election 2019.

 

PM Modi and his Cabinet assumed charge of their offices on Friday. A Cabinet meeting soon followed. This was the very first meeting of the new Cabinet. The meeting was organised at the Prime Minister's Office (PMO).

Modi government 2.0 got to work on the first day of taking charge of the office. Important decisions were taken in the Cabinet meeting held today.

Here are some decisions taken in today's Cabinet meeting:

  • The rates of scholarship have been increased from Rs. 2000 per month to Rs. 2500 per month for boys and from Rs. 2250 per month to Rs. 3000 per month for girls.
  • The ambit of the Scholarship Scheme is extended to the wards of State Police officials who are/were martyred during terror/Naxal attacks. The quota of new scholarships for wards of state police officials will be 500 in a year. The Ministry of Home Affairs will be the nodal Ministry in this regard. 
  • Govt announces Rs 10,774 cr pension scheme for farmers.
  • Now 14.5 crore farmers to be covered under PM Kisan scheme; to cost exchequer Rs 87,000 cr annually.

 

Watch | Kurukshetra: Inside story of PM Modi's new Cabinet

 

 

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