<p>Departing from a British tradition passed on to India, Finance Minister Nirmala Sitharaman carried a 'bahi khata' (ledger) instead of a briefcase. While presenting her maiden Budget speech in Parliament, Sitharaman expressed confidence that India will become a $3-trillion economy in the current year. Here are the key takeaways from Nirmala Sitharaman's Budget speech, so far</p>.<p><strong>INVESTMENT</strong></p>.<p>- India will ease foreign direct investment restrictions in single-brand retail</p>.<p>- Will open up FDI in aviation, insurance, media and animation sectors</p>.<p>- Important to get retail investors to invest in treasury bills</p>.<p><strong>ECONOMY AND INFRASTRUCTURE</strong></p>.<p>- India will become a $3trn economy in the current fiscal year, and a $5trn economy in the next few years</p>.<p>- India to invest heavily in infrastructure and job creation</p>.<p>- The government will carry out a restructuring of highway building programme to ensure enough capacity is created</p>.<p>- Railway infrastructure will need an investment of $72bln between 2018 and 2030</p>.<p>- India will enter into aircraft financing and leasing activities </p>.<p><strong>EDUCATION - STUDY IN INDIA</strong></p>.<p>- By concerted efforts, India have now 3 institutions -- two IITs and IISc Bengaluru -- in top 200 institutes in the world</p>.<p>- Govt will improve the performance of higher learning institutes </p>.<p>- India has the potential to become the hub of higher education. Govt will strive to invite students globally to study in India</p>
<p>Departing from a British tradition passed on to India, Finance Minister Nirmala Sitharaman carried a 'bahi khata' (ledger) instead of a briefcase. While presenting her maiden Budget speech in Parliament, Sitharaman expressed confidence that India will become a $3-trillion economy in the current year. Here are the key takeaways from Nirmala Sitharaman's Budget speech, so far</p>.<p><strong>INVESTMENT</strong></p>.<p>- India will ease foreign direct investment restrictions in single-brand retail</p>.<p>- Will open up FDI in aviation, insurance, media and animation sectors</p>.<p>- Important to get retail investors to invest in treasury bills</p>.<p><strong>ECONOMY AND INFRASTRUCTURE</strong></p>.<p>- India will become a $3trn economy in the current fiscal year, and a $5trn economy in the next few years</p>.<p>- India to invest heavily in infrastructure and job creation</p>.<p>- The government will carry out a restructuring of highway building programme to ensure enough capacity is created</p>.<p>- Railway infrastructure will need an investment of $72bln between 2018 and 2030</p>.<p>- India will enter into aircraft financing and leasing activities </p>.<p><strong>EDUCATION - STUDY IN INDIA</strong></p>.<p>- By concerted efforts, India have now 3 institutions -- two IITs and IISc Bengaluru -- in top 200 institutes in the world</p>.<p>- Govt will improve the performance of higher learning institutes </p>.<p>- India has the potential to become the hub of higher education. Govt will strive to invite students globally to study in India</p>