Budget: Hike & Deduction Of Prices In Commodities

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Prices to be increased:

  • Gold
  • Petrol-Diesel
  • Auto Parts
  • Tobacco
  • Digital Camera
  • Imported books
  • Optical fibres
  • Cashew
  • Certain synthetic rubber
  • Vinyl flooring

Prices to be decreased:

  • Insurance
  • Specified electronic goods
  • Defence equipment
  • Electric Vehicles

Nirmala Sitharaman in her first Budget speech today said the Indian economy had reached from $1.85 trillion to $2.7 trillion, and that the Centre had the target of taking it to $5 trillion by FY25. Praising Sitharaman’s budget, PM Narendra Modi said that it was a key step towards ‘New India’.

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