Budget 2019: Comprehensive restructuring of National Highways Programme on cards, says FM Sitharaman

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Updated: July 5, 2019 4:54:57 PM

Union Budget 2019 India: FM said the government has already approved Rs 10,000 crore for FAME II scheme on April 1, 2019 to encourage faster adoption of electric vehicles by providing right incentives and charging infrastructure

Budget, Budget 2019, Budget for Infrastructure, Budget highlights, Finance Minister, Nirmala Sitharaman, National Highways Programme, Budget 2019 date, Budget 2019 date July, Budget highlights 2019, Budget live streaming, Budget 2019 pdf, Budget 2019 time, Budget timeBudget 2019 India: She also noted that the government has allocated Rs 350 crore towards interest subvention for MSMEs for 2019-20.

Budget 2019-20: Finance Minister Nirmala Sitharaman Friday said there will be a comprehensive restructuring of National Highways Programme to ensure creation of National Highways Grid of desirable capacity.

Presenting the Budget for 2019-20, she said the government has already approved Rs 10,000 crore for FAME II scheme on April 1, 2019 to encourage faster adoption of electric vehicles by providing right incentives and charging infrastructure.

Also read: Union Budget 2019 LIVE: Petrol costlier, more tax on rich, housing relief to middle class announced by Nirmala Sitharaman; PAN, Aadhaar interchangeable

She also noted that the government has allocated Rs 350 crore towards interest subvention for MSMEs for 2019-20.The finance minister said model tenancy law will be finalised and circulated to states.

Watch FE Explained video: What is Union Budget?

Pension will be provided to 3 crore retail traders under Pradhan Mantri Karmyogi Mandhan scheme, Sitharaman said.

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