Infrastructure finance measures: credit guarantee corporation, deeper long-term bond markets, and eased transferability of IDF-NBFC debt.
Establishment of a Credit Guarantee Enhancement Corporation in 2019-20, with RBI-notified regulations, plus an action plan to deepen the long-term bond market-including corporate bond repos and credit default swaps-for infrastructure, and permitting FIIs/FPIs to transfer debt securities issued by IDF-NBFCs to domestic investors within the specified lock-in period to expand secondary market access.

Corporate debt market deepening: allow AA rated bonds as repo collateral and review trading platform constraints to boost liquidity.
Government will coordinate with regulators to permit stock exchanges to accept AA rated bonds as collateral for the corporate tri party repo market and will review trading platform user friendliness and ISIN capping to address market frictions that favour private placements.

Electric vehicle incentives expand: purchase deductions and GST reduction to boost manufacturing and charging infrastructure development.
The Budget expands incentives to promote electric vehicle manufacturing and adoption by prioritizing advanced batteries and registered e vehicles under FAME Scheme Phase II, adding solar storage batteries and charging infrastructure to the scheme, and providing upfront purchase incentives. Complementary fiscal measures include a proposed GST reduction on electric vehicles, an additional income tax deduction for interest on loans to purchase electric vehicles, and specified customs duty exemptions on certain parts to support affordability and domestic production.

Social stock exchange under securities regulation enables listing and capital raising for social enterprises.
A social stock exchange is proposed under SEBI regulation to list social enterprises and voluntary organisations, enabling them to raise capital as equity, debt, or units like mutual funds. The Government will pursue inter-operability between RBI depositories and SEBI depositories to permit seamless transfer of treasury bills and government securities between RBI and depository ledgers, taking necessary measures in consultation with RBI and SEBI.

Partial credit guarantee to support bank purchases of high rated NBFC asset pools, and measures to strengthen RBI regulatory authority.
Government will enable bank purchases of high rated pooled assets of fundamentally sound NBFCs by providing a one time six months partial credit guarantee to Public Sector Banks for the first loss on such purchases; proposals in the Finance Bill will enhance the Reserve Bank of India's regulatory authority over NBFCs. The requirement for a Debenture Redemption Reserve for public issues will be removed to facilitate NBFC fundraising, and amendments to the Factoring Regulation Act will permit wider NBFC participation on the TReDS platform.

Water security priority: new integrated ministry and Jal Jeevan Mission to secure piped water to rural households.
A new integrated ministry consolidates water resources and drinking water functions to work with States to deliver HarGharJal (piped water supply) to all rural households. The Jal Jeevan Mission focuses on integrated demand and supply side management at the local level, including rainwater harvesting, groundwater recharge and household wastewater reuse, targets critical over exploited Blocks for action, and seeks convergence of Central and State schemes and additional environmental funds to support sustainable rural water supply.

Infrastructure investment to boost connectivity and catalyse private sector growth through PPPs and targeted MSME support.
The Budget prioritises large scale investment in infrastructure, digital economy and MSME job creation through sectoral measures: PPPs for railways, a regulatory roadmap for aircraft financing and MRO development, phased state road network development after highway restructuring, and expansion of multimodal and river cargo capacity. It announces a package of power tariff and structural reforms, blueprints for gas and water grids and regional airports, removal of barriers to open access and captive generation, a Model Tenancy Law and rental housing reforms, MSME interest subvention with a payment platform to reduce payment delays, and an accessible pension scheme for small traders.

Aadhaar for NRIs with Indian passports proposed, enabling identity linkage and enhanced access to consular services abroad.
Proposal to issue Aadhaar to Non-Resident Indians with Indian passports to extend identity linkage and access to public services abroad. The Budget also announces opening four new resident diplomatic missions, revamping the Indian Development Assistance Scheme to include alternative financing sources for concessional projects, integrating artisans with global markets through IP and GI protection, developing 17 iconic tourism sites into model destinations, and creating a digital repository to preserve tribal cultural heritage.

Lower corporate tax rate extended to more companies, expanding eligibility and simplifying tax compliance for businesses.
Extension of the reduced corporate tax rate to a larger set of companies by increasing the turnover threshold expands eligibility for the lower corporate tax rate; proposals also permit PAN Aadhaar interchangeability and pre filled income tax returns to streamline filing, while a phased faceless e assessment scheme will allocate cases randomly and issue electronic notices through a Central Cell to minimise human interface.

Public shareholding norms for listed PSUs to be enforced; government to raise part of gross borrowing in external markets.
The Government will take all necessary steps to achieve public shareholding norms of twenty-five percent for listed PSUs and raise foreign shareholding to maximum permissible sectoral limits for PSU companies in the Emerging Market Index; it will also begin raising a portion of its gross borrowing programme in external markets in external currencies.

Full foreign investment for insurance intermediaries proposed, easing local sourcing and streamlining FPI and NRI investment access.
The Budget proposes permitting full foreign investment in insurance intermediaries and easing local sourcing norms for Single Brand Retail, contemplates opening FDI further in aviation and media, allows FPIs to subscribe to listed debt of ReITs and InvITs, and raises the statutory FPI investment ceiling in a company from 24% to the sectoral foreign investment limit with corporates able to opt for a lower cap; it also proposes streamlined KYC for FPIs and merger of the NRI Portfolio Investment Scheme with the FPI route to facilitate NRI access to equities.

Strategic disinvestment: government to reinitiate Air India sale and expand private participation under revised ownership policy.
Government will reinitiate strategic disinvestment of Air India and offer more CPSEs for private participation, while pursuing consolidation of PSUs. The policy on retaining a 51% government stake may be relaxed case-by-case to allow holdings below 51% where control is to be retained, and the 51% retention principle is to be read inclusive of stakes held by government-controlled institutions.

Regulation of housing finance centralized to reallocate supervisory authority and strengthen market oversight to enhance stability.
An Expert Committee is proposed to recommend a restructured framework for development finance institutions and fund flows to support infrastructure. Regulatory control of the housing finance sector is to be reallocated to a central banking regulator. Separation of the NPS Trust from the pension regulator is proposed to protect subscriber interests. The net owned fund requirement for foreign reinsurers would be reduced to enable branch openings in an international financial centre. A one time six month partial credit guarantee for purchase of high rated pooled NBFC assets by public sector banks is proposed, and the Factoring Regulation Act is to be amended to permit wider NBFC participation on the TReDS platform.

Budget outlays for major social, agricultural and infrastructure schemes with year by year estimates and allocations.
Itemised budget schedule of central government outlays for major schemes across 2017-2018 to 2019-2020, organised by category (Core of the Core, Core, Major Central Sector). The table lists individual programmes (for example MNREGA, National Social Assistance Programme, PMAY, Swachh Bharat, National Health Mission, PM Kisan, Food Subsidy, Urea Subsidy) with actuals, budget estimates, revised estimates and future estimates in rupee crores to enable year on year comparison of allocations.

Commercialisation of space capability: new public sector company to commercialise technologies, produce launch vehicles and market space products.
The document announces the incorporation of New Space India Limited (NSIL) as a public sector commercial arm of the Department of Space to harness space capability commercially. NSIL's mandate is to commercialise government R&D by producing launch vehicles, transferring technologies to industry, and marketing space products and services.

Expenditure budget dated 5-7-2019 affected by document-processing error, leaving only metadata and a press release reference.
Expenditure budget dated 5-7-2019 is recorded but extraction was interrupted by an IndentationError during automated processing, leaving only minimal metadata and a reference to News - Press release - PIB, and preventing capture of the full budgetary content.

Central receipts detail tax and non tax revenue, GST breakdown, disinvestment and debt financing in total receipts.
Central receipts are divided into Revenue Receipts (Tax Revenue-including corporation tax, income taxes, customs, excise, and GST with CGST/IGST/cess-and Non Tax Revenue such as interest and dividends) and Capital Receipts (Non debt receipts-recoveries and disinvestment-and Debt Receipts). Deductions (NCCD transfers, states' share) produce the Centre's net tax revenue. Total Receipts sum Revenue and Capital Receipts with draw down of cash balances; figures are shown as actuals, budget, revised and estimates and include trend percentages of GDP.

Budget profile summarises receipts and allocations across taxes, loans, scheme expenditure, transfers, and interest payments.
Budgetary allocations are presented in lakh crore, detailing receipts by source-Net Tax Receipts, Non-Tax Revenue, Market Loans, Small Savings and State Provident Fund, Debt and Capital Receipts-and expenditures by category, including Scheme Expenditure (central and centrally sponsored), Core Schemes, social and economic services, subsidies, pensions, interest payments, transfers to states, and establishment costs within the stated Budget Size.

Transfer of resources to States and UTs via tax devolution, scheme transfers, and Finance Commission grants with itemised allocations.
Resource transfers to States and UTs are effected through devolution of States' share in taxes, scheme-based central transfers (centrally sponsored and central sector schemes), and Finance Commission and other grants. The document itemises major central items-NDRF assistance, Central Pool for North Eastern Region and Sikkim, externally aided projects (grants and loans), Article 275(1) schemes, Special Central Assistance to Scheduled Castes and Tribal Areas-and provides corresponding annual figures, distinguishing revenue and capital transfers and separate allocations for Delhi and Puducherry.

Fiscal deficit and financing sources show rising market borrowings, reliance on small-savings securities, state provident funds, and cash drawdowns.
The document reports central government fiscal aggregates-Fiscal Deficit, Revenue Deficit, Primary Deficit and Effective Revenue Deficit-with rupee levels and percentages of GDP, and itemises the sources of fiscal deficit financing: market borrowings, securities against small savings, state provident fund receipts, other internal debt and public account receipts, external debt, and drawdowns of cash balances, showing the composition and year-to-year shifts in reliance on each financing instrument.