The Centre Friday earmarked Rs 93,847.64 crore for the education sector for 2019-20, an increase of over 10 per cent from last budget allocation.
The government on Friday increased the sports budget by Rs 214.20 crore for the financial year 2019-2020, including a hike in funds for the Sports Authority of India (SAI) and incentives for sportspersons.
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Leader of Congress in Lok Sabha Mallikarjun Kharge Friday termed the Union Budget as BJP's "election manifesto" and accused the ruling dispensation of bribing voters ahead of the Lok Sabha polls.
An outlay of Rs 3.05 lakh crore was Friday set aside for the defence budget for 2019-20 which was a hike of around Rs 20,000 crore compared to allocation of Rs 2.85 lakh crore in the current fiscal.
Finance Minister Piyush Goyal Friday announced a capital expenditure allocation of Rs 1.58 lakh crore for the Railways, the highest ever for the national transporter, in an effort to put its flagging revenues back on track.
The BSE benchmark Sensex rallied over 500 points in afternoon trade Friday, driven by consumption and auto stocks as investors welcomed individual tax exemptions and sops in the farm sector announced in the interim Budget.
The Government Friday decided to hike the gratuity limit from Rs 10 lakh to Rs 30 lakh and also announced a Mega Pension Yojana under which Rs 3,000 per month will given to unorganised sector employees.
Opposition parties in Lok Sabha on Friday protested alleging "leak" of budget proposals to the media before being presented in the House.
The Government on Friday announced Rs 6,000 per year cash support to small and marginal farmers that will cost the exchequer Rs 75,000 crore annually, in a bid to provide relief to distressed farm sector.
