Two important features are Effective Revenue Deficit and Medium Term Expenditure Framework.
The Budget emphasises on capacity building and empowerment of marginalised sections of society including farmers.
The PM said she made a noteworthy contribution to Delhi's development.
Why is Union Finance Minister P Chidambaram worried? Who has the sharpest eye in the Congress? How is the Union law minister tackling the turmoil in his ministry? Catch up on all the gossip from Delhi, in this week's Dilli Gupshup.
AAP leader Sanjay Singh said Kumar, who serves as Delhi Chief Minister Arvind Kejriwal's principal secretary, has a clean service record that spans over 27 years, in which allegations of corruption were never made against him.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Aap ka paisa, aap ke haath (direct cash transfer). This is the new slogan with which the Congress hopes to woo back the aam admi, the poor, the marginalised and the weaker sections as the government has launched an ambitious direct cash transfer scheme with Union Finance Minister P Chidambaram calling it a 'game changer'.
Though no reason was officially cited for his absence, Trinamool Congress sources here said Mitra will attend a crucial parliamentary meeting of the party in Kolkata on Tuesday to discuss the Centre's decision to hike diesel price, restrict of subsidised cooking gas and allow FDI in retail and decide the future of the party's ties with the United Progressive Alliance.
Pranab Mukherjee, who has been selected as the UPA's Presidential nominee, will resign on Sunday as the Union finance minister.
'Kapil Sibal has passed a law that anyone posting anything "offensive" on Twitter can be jailed for three years. That's section 66A of the IT Act amended by United Progressive Alliance II in 2008. It's a cognisable offence so you have to be arrested and apply for bail. As though you had committed murder!' notes Shivam Vij.
In the last budget, then finance minister Arun Jaitley had allocated Rs 85,010 crore for the education sector which was later revised to Rs 83,625.86 crore.
Sitharaman said the government will bring in a new national education policy to transform India's higher education system into one of the best in the world.
RBI may think twice before agreeing with suggestions of a rate cut.
Revenue buoyancy of GST will be key to improve the resource position of both central and state governments.
Once implemented, customers making payments using Rupay card or BHIM UPI will get a cashback of 20 per cent of the total GST amount, subject to a maximum of Rs 100.
Pranab Mukherjee is likely to be advised on crucial issues by Omita Paul once he moves into Rashtrapati Bhawan, writes Santosh Tiwari.
The governor also said no life has been lost in Jammu and Kashmir due to any violence in the last 10 days
The BJP stalwart's body was later brought to his residence at Kailash Colony.
Special Judge O P Saini took strong objection to the agencies seeking repeated adjournments.
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