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{{Use Indian English|date=February 2019}}
{{Use dmy dates|date=February 2019}}
{{Infobox government budget
| title = [[Union Budget of India]]
| year = 2019
| country = [[India]]
| previous_budget = 2018 Union budget of India
| previous_year = 2018
| next_budget = 2019 Union budget of India
| next_year = 2019
| image = Emblem_of_India.svg
| imagesize = 100px
| caption = [[Emblem of India]]
| submitter = [[Piyush Goyal]], [[Minister of Finance (India)]] ''(Additional Charge)''
| submitted_to =
| date_submitted = 2 February 2019
| presented =
| passed =
| parliament =
| party = [[Bharatiya Janata Party|BJP]]
| minister =
| treasurer =
| chancellor =
| Total_Revenue = {{INRConvert|2732903|c|year=2019|lk=on}}<ref>{{Cite web|url=http://www.indiabudget.gov.in/ub2019-20/bag/bag5.pdf|title=Receipts|last=|first=|date=|website=[[Ministry of Finance (India)|Ministry of Finance]], [[Government of India]]|access-date=January 29, 2018|archive-date=19 February 2019|archive-url=https://web.archive.org/web/20190219131538/https://www.indiabudget.gov.in/ub2019-20/bag/bag5.pdf|url-status=dead}}</ref>
| Total_Expenditures = {{INRConvert|3401639|c|year=2019|lk=on}}<ref>{{Cite web|url=http://www.indiabudget.gov.in/ub2019-20/eb/stat1.pdf|title=SUMMARY OF EXPENDITURE|last=|first=|date=|website=[[Ministry of Finance (India)|Ministry of Finance]], [[Government of India]]|access-date=January 29, 2018|archive-date=19 February 2019|archive-url=https://web.archive.org/web/20190219072938/https://www.indiabudget.gov.in/ub2019-20/eb/stat1.pdf|url-status=dead}}</ref>
| spending =
| tax_cut =
| debt_payment =
| surplus =
| deficit =
| debt =
| bill =
| bill_link =
| url =
}}

The '''2019 Interim Union Budget of India''' was presented by acting Finance Minister [[Piyush Goyal]] on 1 February 2019.<ref name="fulltext">{{cite news |title=Budget 2019: Full text of Piyush Goyal’s budget speech |url=https://www.livemint.com/budget/news/budget-2019-full-text-of-piyush-goyal-s-budget-speech-1549020796632.html |accessdate=1 February 2019 |work=Mint |date=1 February 2019}}</ref> Government introduced [[Pradhan Mantri Kisan Samman Nidhi]] and [[Pradhan Mantri Shram Yogi Mandhan]].

==Highlights==
In the budget, the fiscal deficit for 2019–20 will be 3.94% of GDP. The budget set aside {{INRConvert|6|k}} for farmers having up to 2 hectares of land. The amount is available in 3 equal installments of Rs.2000 each under [[Pradhan Mantri Kisan Samman Nidhi]]. {{INRConvert|3|k}} per month pension after 60 years of age to unorganized sector labor under [[Pradhan Mantri Shram Yogi Mandhan]]. Subscribers have to pay a monthly amount of Rs.100 if aged 29 years and Rs.55 if a subscriber is of 18 years of age. Income tax relief u/s 87A for income up to {{INRConvert|500|k}}. Standard deduction of {{INRConvert|50|k}} for salaried class.<ref>{{citation |title=Budget 2019 highlights: Standard deduction to be raised, no tax on second house |url=https://www.livemint.com/budget/news/interim-budget-2019-here-are-key-highlights-1549000512562.html |work=Live Mint |date=1 February 2019 }}</ref>

In 2018 Budget, the outlay was revised for six key social schemes focussed on enhancing the welfare of farmers and the poor, in addition to announcing a new scheme aimed at direct cash transfers to farmers. Apart from that allocation across three other schemes focused on rural India have been raised.<ref>{{Cite web|url=https://www.bloombergquint.com/union-budget-2019/budget-2019-governments-expenditure-plan-across-key-rural-schemes|title=Budget 2019: Government’s Expenditure Plan Across Key Rural Schemes|website=BloombergQuint}}</ref>

== References ==
{{reflist}}

== External links ==
* [https://timesofindia.indiatimes.com/india/union-budget-2019-live-updates/liveblog/67783154.cms Times Of India: Interim-Union Budget 2019 Highlights'']
* [https://web.archive.org/web/20180115045004/http://indiabudget.nic.in/ Government of India: Union Budget and Economic Survey'']

{{India-econ-stub}}
{{Union budget of India}}

{{#seo:
|keywords=Union budgets of India, 2019 in Indian economy, 2019 government budgets, Modi administration
|description=
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[[Category:Union budgets of India]]
[[Category:2019 in Indian economy]]
[[Category:2019 government budgets]]
[[Category:Modi administration]]

2019 Interim-Union budget of India - Revision history

MetaBOT at 19:59, 8 July 2023