www.thehansindia.com WARANGAL SATURDAY 2 FEBRUARY 2019 PAGES 20 `5.00 Forecast: Sunny Temp: Max.27C. Min.16°C. Humidity: 18% Sunrise: 06:44 Sunset: 06:06 H Simultaneously published from Hyderabad | Warangal | Tirupati | Amaravati | Visakhapatnam | Khammam | Kurnool | Delhi H WINDOWS FARMER FIRST Finance Minister Piyush Goyal leaves the North Block to present the interim Budget 2019-20 at Parliament, in New Delhi on Friday MODI GOVT GOES POPULIST BEFORE POLLS FM announces `6K cash dole-out for small farmers, pension scheme for workers in unorganised sector Britain's Prince Harry and Meghan, Duchess of Sussex during a visit to the Old Vic Theatre in Bristol on Friday No hike in rail fares New Delhi: There has been no hike in passenger fare and freight charges in the Interim Budget announced by Finance Minister Piyush Goyal on Friday, which also saw the highest ever capital expenditure allocation of Rs 1.58 lakh crore for the national transporter. With Lok Sabha elections slated to be held in April-May, hikes in fares were not expected. Goyal, who is also the Railway minister, said so far 2018-2019 has been the safest for the Indian Railways and all unmanned level crossings on the broad-gauge network have been completely eliminated. "Capital expenditure programme of the Railways is at all-time high of Rs 1.58 lakh crore in next financial year. Vande Bharat Express, indigenously developed semi-high speed train, will give Indian passengers world class experience. 8 P7 New Delhi: In a stark departure from the past, Narendra Modi government converted a customary Interim Budget for 2019-20 before elections into fullﬂedged budget by announcing an annual cash dole-out of Rs 6,000 to small farmers and a scheme for providing monthly pension of Rs 3,000 to workers in the unorganised sector besides tax concessions for middle class. Announced with an eye on upcoming elections, these sops are expected to beneﬁt both middle-class and farmers, whose disenchantment was said to have cost the BJP dearly in recent assembly elections. As was widely anticipated, Goyal announced an income support scheme for 12 crore small and marginal farmers by providing Rs 6,000 in their bank accounts in three equal installments in a year, which will cost Rs 75,000 crore a year to the government. The eligibility for the scheme, called Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), will be ownership of less than 5 acres of cultivable land. Though the ﬁnance minister said the scheme will be implemented from the current ﬁscal year, where it will cost Rs 20,000 crore, it wasn't clear how the beneﬁciaries would be identiﬁed. A mega pension scheme was introduced to provide a monthly pension of Rs 3,000 with a contribution of Rs 100 per month for workers in the unorganised sector after 60 years of age. This scheme is estimated to beneﬁt 10 crore workers across the country. Continued on Page 4 Standard deduction on taxable Income tax relief income for salaried class for individual increased to `50,000 from `40,000 taxpayers: Full Limit of tax rebate of exemption DS on bank and post-office `12,500 allowed on Gratuity deposits’ interest raised to on net taxable amount `40,000 from `10,000 income of up to increased `5 lakh to Rs 30 Investment in up to two houses lakh from allowed on sale of old property for No tax shall be `10 lakh rolling-over long-term capital gains payable on notional rent on TDS threshold on house rent exceeded second selfto `2,40,000 from `1,80,000 occupied house New scheme to provide monthly pension of `3,000 after 60 years of age, with contribution of `100 per month DOUBLE BONANZA FOR TS FARMERS n 53 lakh Rythu Bandhu farmers to get Kisan Samman Nidhi too MORE REPORTS P7, P8 IT’S AN INSULT: RAHUL Tax relief for individuals P7 Nil tax for people who earn up to `5L New Delhi: Giving a big relief to individual tax payers, Finance Minister Piyush Goyal on Friday exempted people with annual income up to Rs 5 lakh from payment of income tax, a move which will benefit a whopping over 3 crore salaried class, pensioners, self-employed and small businesses. The current tax liability for these people is Rs 13,000 (including health and education cess). However, as this relief has been given in the form of rebate and tax rates remain unchanged, the tax burden on people with earnings more than Rs 5 lakh will not come down. However, individuals with gross income up to Rs 6.5 lakh will not need to pay any tax now, if they make tax saving investments of Rs 1.5 lakh under Section 80C of the Income Tax Act. Of course, very senior citizens (aged 80 years and above) are not impacted by this change as their total income up to Rs 5 lakh was anyway not subject to tax. Continued on Page 4 PATAN AFZAL BABU of PAKODANOMICS: PC SLAMS MODI TRIMMED VERSION OF RBS: KTR ormer Union finance minister P Chidambaram rapped the interim budget, arguing that it had two words missing-- education and jobs. In a jibe at the government, he said the reason for the missing words was that had they been uttered, the youth of the country would have rejected their 'pakodanomics'. Chidambaram was referring to the remark made by PM Modi last year in which he had compared selling pakodas a proper job. "In the 10-point vision document presented by Finance Minister (Piyush Goyal), there is nothing about education, nothing about jobs," Chidambaram said. The Congress veteran also dismissed the NITI Aayog's defence of the government "suppressing" a report that showed the unemployment rate at a 45-year high. T RS working president KT Rama Rao said the Centre’s direct cash transfer scheme announced in the budget is nothing but a trimmed version of Rythu Bandhu scheme being implemented in Telangana. KTR tweeted that he is "glad that the farmers of India are going to be helped by Rythu Bandhu scheme, the brainchild of KCR.” Under the scheme, every farmer owning less than two hectares of land will get Rs 6,000 per year in three equal instalments. "The name may have been changed by the NDA government, in spirit it remains the trimmed version of Rythu Bandhu," KTR said. ‘SAVE THE NATION, SAVE THE DEMOCRACY’ MEET IN DELHI Oppn to approach EC over EVM tampering issue HANS NEWS SERVICE New Delhi: A host of Opposition leaders, including Congress president Rahul Gandhi, Andhra Pradesh Chief Minister N Chandrababu Naidu and NCP chief Sharad Pawar, held a meeting at the Constitution Club here on Friday to chalk out a "joint strategy" to develop solutions on issues like providing employment opportunities to the youth, agricultural crisis and systematic attack on various institutions. Called by Naidu, the ‘Save the Nation, Save the Democracy’ meeting saw leaders from the Opposition camp discussing the issue of EVM tampering, an issue which they have been raising consistently. The Congress president Rahul Gandhi with AP CM Chandrababu Naidu and NCP chief Sharad Pawar addressing the media after the opposition meeting over various political issues, including the issue of EVMs, in New Delh on Friday Congress president said the Opposition parties will approach the Election Commission and submit a document over the EVM tampering issue on Monday. This comes hours after Chief Election Commissioner Sunil Arora ruled out reverting back to the ballot paper. Questioning the efficacy of the electronic voting machines, theOppositionpartieshavedemandedthat the Election Commission revert to paper ballots to hold the Lok Sabha elections. The Opposition parties claimed that only n PM-LED PANEL FAILS TO PICK UP CBI CHIEF New Delhi: The Supreme Court on Friday asked the Centre why it has not appointed a regular CBI Director and said it was "averse" to the appointment of an interim chief for the agency for a long period. A bench comprising justices Arun Mishra and Naveen Sinha said the post of the CBI Director was sensitive and the government should have appointed a regular director by now. Attorney-General K K Venugopal told the court that a high-powered committee, headed by the Prime Minister, will hold a meeting to select a new CBI director. Taking account of the Attorney-General’s submissions that the committee will hold a meeting on Friday, the top court posted the matter for hearing on February 6. However, the second meeting of PM-led panel on CBI chief's selection remained inconclusive, officials said on Friday. The meeting was attended by Chief Justice Ranjan Gogoi and Congress leader Mallikarjun Kharge. The bench was hearing a petition of NGO Common Cause challenging the appointment of Rao as interim CBI Director. During the hearing the bench said the process of appointing a CBI Director should have been over by now as it was known that the earlier CBI chief was going to retire in January. The court also told the AttorneyGeneral that the new CBI Director who would be appointed must "trace the movements of ﬁles" during the period when former CBI chief Alok Kumar Verma was reinstated to the post for two days. The Attorney-General placed before the bench in a sealed cover the minutes of the meeting of the high-powered committee held earlier. The last meeting of the committee took place on January 24 but it remained "inconclusive". Advocate Prashant Bhushan, appearing for the petitioner NGO, told the bench that the apex court must also look into the aspect of transparency in the process of appointing the CBI Director. Indian students’ detention in US: Missions in touch with authorities Hyderabad: It is a double bonanza for small farmers possessing land below 5 acres in Telangana. Apart from getting Rs 8,000 per acre every year under the Rythu Bandhu scheme launched by the Telangana state government, more than 50 lakh farmers will also get the benefit of Rs 6,000 in three instalments every year under the newlylaunched PM’s Kisan Samman Nidhi scheme announced by the Centre in the interim budget presented by Union Finance Minister Piyush Goyal in the Lok Sabha on Friday. Continued on Page 4 F Appoint regular CBI Director forthwith, SC fiat to Centre two or three countries in the world were using EVMs and that the rest had reverted to ballot paper system. “The main issue with the EVMs is that there is a doubt in the minds of many people in this country about the fairness of its system. So, we want to create a backup system so that people can be certain about what is going on and they build their conﬁdence in the electoral system,” he added. On the BJP leaders calling the Budget a ‘Surgical Strike 2.0’, Gandhi said, “The surgical strike is going to happen in the next couple of months with Modi and his govt. There would be one surgical strike after the other on Rafale, on demonetisation, jobs, agriculture.” Continued on Page 4 NewDelhi:TheUniongovernmentisaccordingtoppriorityto thecaseofIndianstudentsin theUSfacingdetentionunder anallegedimmigrationfraud andisintouchwiththeIndian EmbassyinWashingtonand otherconsulates,theExternal AffairsMinistrysaidonFriday. "ThegovernmentofIndia,togetherwithourmissionin Washingtonandourconsulates intheUSareaccordingthehighestprioritytothesituationarisingoutofthedetentionofIndianstudentsintheUS,"Ministry spokespersonRaveeshKumar saidinresponsetoqueries. Trump-Kim second Summit in Vietnam Washington: US President Donald Trump and North Korean leader Kim Jong-un will hold a second summit in the Vietnamese coastal city of Da Nang by February end, a senior administration official said here on Friday. The plan for the summit is being ﬁnalised, CNN quoted the official as saying. Vietnam had been widely believed to be the location ever since the second summit was announced. White House officials announced on January 18 that the two leaders will hold the second summit following discussions with Kim Yong-chol, North Korea's lead negotiator on nuclear talks.
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