Understanding Budget 2020 and it’s Impact on Market

The Federal Budget takes into account government finances for the fiscal year (April 1 to March 31). The budget provides all the important information: the capital budget and revenue budget. Understanding budget documents is not easy. IFMC the best stock market institute in Delhi organized a special session on Budget 2020 for all its students at Vaishali and Lajpat Nagar centers on 1st Feb 2020.

1. In 2020, everyone expected budget to focus on boosting demanding when India’s GDP is faced 11 year low on 2019-20. As budget plans are the indicators of the country’s financial performance, featuring during budget performance. There are two parts, A and B. To understand the proposal, carefully read Part A and Part B of the Finance Minister’s Mr. Nirmala Sitaraman Budget Address.

2. Part A: Focuses on the macro aspects of the economy and large-scale plans affecting all states. The scheme also introduces new schemes, government priorities, and areas of focus — new schemes such as Ujjwala Yojana and Saubhagya Yojana. To properly and clearly understand this part, you need to refer to Volume-1 and / Volume 2.

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