Highlights of Union Budget 2019-20 – Trade Sector

New Delhi, July 5, 2019-

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.  (Agency)