Piyush Goyal skirts jobs debate but points at ‘gains’

Interim budget 2019-20,Piyush Goyal,budget 2019

Interim budget 2019-20,Piyush Goyal,budget 2019

A controversy has erupted over the issue of jobs ahead of the 2019 general election as a news report showed that unemployment had soared to a 45-year high of 6.1%. "New India will drive on electric vehicles with renewables becoming a major source of energy supply", Goyal said.

He said the country had made rapid progress in helping ordinary citizens get access to air travel. "Today, under Make in India, mobile and parts manufacturing companies have increased from 2 to more than 268 providing huge job opportunities", he added.

Underlining importance of developing India's 7,500 km long coastline and converting them into industrial hubs, India launched its flagship programme for port development and modernisation, Sagarmala, in 2015. "Our efforts in the Sagar Mala programme will be scaled up and we will develop other inland waterways faster", he said.

Punxsutawney Phil Predicts "A Beautiful Spring"
It is only the 19th time out of the 123 recorded appearances that Phil has seen his shadow, the York Daily Record reported . In reality, Phil's prediction is decided ahead of time by a group on Gobbler's Knob, a tiny hill just outside Punxsutawney.

The budget papers have also said the gross traffic receipts of the Railways have been recast at Rs 1,96,714 crore in 2018-19 RE (revised estimates) with the growth of 10.1 per cent over 2017-18 actuals, whereas the ordinary working expenses and the pension expenditure at Rs 1,89,000 crore are estimated to increase by 8.8 per cent. The operating ratio - a measure of expenditure against revenue - is an important parameter to gauge the health of railway finances. "The cost of data and voice calls in India is now possibly the lowest in the world", said Mr Goyal. "All unmanned level crossings on the broad-gauge network have been completely eliminated", he said.

"The Common Service Centres are expanding their services and also creating digital infrastructure in the villages, including connectivity, to convert the villages into Digital Villages", said Piyush Goyal.

However, a report in Money Control pointed out that India may have to wait before it sees its first Coastal Economic Zone (CEZ) taking concrete steps as the government didn't announce any major fiscal incentive for them during the interim budget of 2019-20.

Recommended News

  • Stephanie McMahon Invites Becky Lynch To This Week's WWE RAW

    Stephanie McMahon Invites Becky Lynch To This Week's WWE RAW

    That seems to be leading to another feud that could get Charlotte into the match. She needs to hold onto her title until then as well.
    NDDOH: State has widespread flu activity

    NDDOH: State has widespread flu activity

    East Tennessee has a higher percentage of influenza-like illness compared to other regions across the state. And although a cold can be a nuisance, you usually feel much worse with the flu.
    Eagles expected to pick up Nick Foles’ $20M option

    Eagles expected to pick up Nick Foles’ $20M option

    The first shoe in the dynamic just dropped, as Ian Rapoport is reporting that the team will pick up his $20 million mutual option. If the Eagles, however, allow him to become a free agent, they would receive a compensatory draft pick, Rapoport said.
  • Bohemian Rhapsody’s Rami Malek says working with Bryan Singer was ‘not pleasant’

    Bohemian Rhapsody’s Rami Malek says working with Bryan Singer was ‘not pleasant’

    He added - reportedly whilst visibly emotional: "For anyone who is seeking any solace in all of this, Bryan Singer was sacked ". Bryan Singer was sacked , I don't think that was something anyone saw coming but I think that had to happen and it did'.
    Honda Gives NSX, Civic Type R the Midas Touch

    Honda Gives NSX, Civic Type R the Midas Touch

    Toscano. "I mean, who has ever seen a golden lawn mower or generator before", he says. They also have special badging and satin black accents.
    Rockies reach one-year deal with Nolan Arenado

    Rockies reach one-year deal with Nolan Arenado

    The contract is worth $3 million more than the deal third baseman Josh Donaldson reached with the Toronto Blue Jays last season. The Colorado Rockies have agreed to a one-year contract with third-baseman Nolan Arenado , the club announced on Thursday.
  • Lady Gaga & Bradley Cooper Will Perform 'Shallow' At The Oscars

    Lady Gaga & Bradley Cooper Will Perform 'Shallow' At The Oscars

    Later, the Academy announced that the rest of the nominated songs would be performed as well. A Star is Born has been nominated for eight (8!) Oscars.
    Bettor Places $1.5 Million Wager on Rams to Win Super Bowl

    Bettor Places $1.5 Million Wager on Rams to Win Super Bowl

    Another bettor went big on the Rams entering Super Bowl LIII , placing a $300,000 moneyline wager on Los Angeles with South Point. Louis and not a threat to overtake the Seahawks in the NFC West, the Rams gave Seattle trouble.
    Sergio Garcia speaks out after Saudi International disqualification

    Sergio Garcia speaks out after Saudi International disqualification

    Spain's Sergio Garcia was disqualified from the inaugural $5 million Saudi International on Saturday for serious misconduct. The world No. 3 and Li were 16 under overall and five strokes ahead of Tom Lewis , who shot 62 for third outright.
  • Arsenal eyeing Adrien Rabiot on free transfer: Unai Emery wants deal

    At PSG, he has split goalkeeping duties with Alphonse Areola, who was part of the France squad that won the World Cup last summer. Goalkeeper Gianluigi Buffon said on Saturday that he wants "to stay another season" at Paris Saint-Germain.
    Overwatch New Assault Map Paris Goes Live On The PTR

    Overwatch New Assault Map Paris Goes Live On The PTR

    Depending on what side of the fence you are put on, you'll be tasked with either attacking or defending points on the map. However, maps typically enjoy a good month or so on the test servers before they are rolled out to the public.
    Chiefs QB Patrick Mahomes Named NFL MVP, Offensive Player of the Year

    Chiefs QB Patrick Mahomes Named NFL MVP, Offensive Player of the Year

    Mahomes also became the first NFL MVP drafted by the Chiefs, and the first NFL MVP for Andy Reid while he has been a head coach. The Texas Tech product threw for 5,097 yards and a league-best 50 touchdowns in 2018.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.