Business

Budget 2019-20: Will build 17 iconic sites to encourage arrival of tourists in India says Nirmala Sitharaman

New Delhi: Finance Minister Nirmala Sitharaman Friday said the government will build 17 iconic sites to encourage arrival of tourists in India. In the first Budget of the Modi government in its second term, Sitharaman said in March 2018, the government had approved opening diplomatic missions in Africa and five already opened and four more will be opened this fiscal.

She said the financial gains from cleaning of banking system are clearly visible and that NPA reduced by over Rs 1 lakh crore last year. There was record recovery of Rs 4 lakh crore due to the Insolvency and Bankruptcy Code (IBC), even as she added that PSU banks will get Rs 70,000 crore capital to boost credit flows.

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