{"id":11622,"date":"2019-07-13T12:22:57","date_gmt":"2019-07-13T06:52:57","guid":{"rendered":"https:\/\/www.antworksmoney.com\/blog\/?p=11622"},"modified":"2019-07-18T16:50:32","modified_gmt":"2019-07-18T11:20:32","slug":"the-finance-minister-released-budget-2019-for-the-structural-transformations","status":"publish","type":"post","link":"https:\/\/www.antworksmoney.com\/blog\/the-finance-minister-released-budget-2019-for-the-structural-transformations\/","title":{"rendered":"The Finance Minister Released Budget 2019 for the Structural Transformations"},"content":{"rendered":"\n<p>Finally, the long wait has come to an end when the Finance Minister (FM) Nirmala Sitharaman who is today recognized as the first female finance minister came forward to present the much awaited <a href=\"https:\/\/www.antworksmoney.com\/blog\/budget-2019-modi-government-to-continue-with-its-drive-for-affordable-housing\/\">Budget 2019<\/a>. <\/p>\n\n\n\n<p>The\nBudget 2019 was prepared keeping in mind the need of the people falling in the\ndifferent categories. It had something for all. The Budget focused on strengthening\nthe weakening growth and bring in more investment in the country in the various\nsectors. <\/p>\n\n\n\n<p>Finance\nMinister (FM) Nirmala Sitharaman from the Narendra Modi government is respected\nas a popular and successful leader. She has already handled the assigned\nresponsibilities earlier and her work in the past tenure has been praiseworthy.<\/p>\n\n\n\n<p>In her statement, she stated that her government planned\nessential transformations in order to speedup foreign and domestic investment\nacross the sectors. She further said that it is necessary to invest more in\ndigital economy, creation of job opportunities, and infrastructure.<\/p>\n\n\n\n<p>Our PM Narendra Modi has the aim of growing Indian economy to $5\ntrillion by the end of 2024-25 from the present Indian economy of 2.7 trillion.\n<\/p>\n\n\n\n<p>According\nto some economists, the Modi government need to take some strong decisions, bring\nin the reforms required to improve the economy, and implement some\nresult-oriented plans.<\/p>\n\n\n\n<p>Indian\neconomy is looked at one of the best market for international investment but\nthe expected growth was not achieved. The growth rate was comparatively low.\nThe unemployment rate also rose to 6.1% in the year 2017\/2018.<\/p>\n\n\n\n<p>According\nto the Centre for Monitoring Indian Economy (CMIE), the fresh investments\nproposals in 2018-19 had a downfall which was 9.5 trillion rupees. It was\nrecorded as the lowest investment proposals in the last 14 years.<\/p>\n\n\n\n<p>Can\nIndia achieve the target of $5 trillion economy? The target is indeed not easy\nbut the BJP government is confident enough to implement several plans,\nencourage heavy investment, well-fare plans, increase exports, and focus on\nmore employment opportunities.<\/p>\n\n\n\n<p>Although\nland and labour reforms is a challenging task in one of the largest economy\nIndia, the ruling Modi government is set to strive to ensure the perfect\nimplementation of the various investment plans.<\/p>\n\n\n\n<p>There\nare the different types of the reactions coming up from the top industrialist, politicians,\neconomists, and experts on the Budget 2019. <\/p>\n\n\n\n<p>Overall, the reactions were in favour of the Modi government which has given a ray of hope to the people and <strong><a href=\"https:\/\/antworksp2p.com\/lender\">investors looking for the investment opportunities<\/a><\/strong> in the growing economy in India. &nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finally, the long wait has come to an end when the Finance Minister (FM) Nirmala Sitharaman who is today recognized as the first female finance minister came forward to present the much awaited Budget 2019. The Budget 2019 was prepared keeping in mind the need of the people falling in the different categories. It had &hellip; <a href=\"https:\/\/www.antworksmoney.com\/blog\/the-finance-minister-released-budget-2019-for-the-structural-transformations\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Finance Minister Released Budget 2019 for the Structural Transformations&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":11648,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[81],"tags":[],"class_list":["post-11622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-institutions"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>The Finance Minister Released Budget 2019 for the Structural Transformations<\/title>\r\n<meta name=\"description\" content=\"Budget 2019 has become the talk of the town. 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