Highlights of Union Budget 2019-20
Union Finance Minister Nirmala Sitharaman in her
maiden Budget speech on Friday announced sops for various sectors.
The key highlights in the trade sector are as follows:
* Navigational capacity of Ganga to be enhanced via multi modal terminals at Sahibganj and Haldia and a navigational lock at Farakka by 2019-20, under the Jal Marg Vikas Project.
* Four times increase in next four years estimated in the cargo volume on Ganga, leading to cheaper freight and passenger movement and reducing the import bill. IANS