Prime Minister Shri Narendra Modi announced the introduction of e-RUPI, a cashless and contactless digital payment system, on August 2nd. The eRUPI voucher, according to the Prime Minister, will play a significant role in making Direct Benefit Transfer (DBT) more successful in digital transactions in the country and will offer digital governance a new dimension. He explained that eRUPI symbolizes India's success in integrating technology into people's lives.
From many years Department of Economic Affairs, Ministry of Finance has been consulting various Industry/Commerce Association, Trade Bodies, Expert, etc for the suggestions of Annual Budget. But due to the pandemic situation Department of Economic Affairs, Ministry of Finance are unable to get consultation face to face. This year they have created an E-mail for the various consultant so that they can give suggestions to Department of Economic Affairs, Ministry of Finance.
It was a bright day when the Sensex soared 300 points higher when the finance minister presented the budget. The stock market gave a thumbs-up to the budget 2019. The current fiscal budget brought a wave of optimism in the stock market.