Which statement is not correct about budget 2019 20 ........

Economic Affairs Public Finance and Debt Management

Which statement is not correct about budget 2019-20?

The number of new income-tax filers increased in 2017-18, taking the total income tax returns filed to 6.84 crore, up 26% from previous year.

Payment of gratuity has been increased from Rs. 10 lakh to Rs. 20 lakhs.

Government has introduced the Prime Minister 'Kisan Samman Nidhi Yojana'. This scheme will be in effect from 1st January, 2019.

The amount allocated for the defense sector has exceeded 3 lac cr for the first time.

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Explanation:

The Government has launched the Prime Minister's Farmers' Welfare Fund Scheme. This scheme will be applicable from 1 December 2018. In this scheme, 6000 rupees per year will be given to farmers who have less than 2 hectares of land. The Central Government will bear the full expenditure of Rs. 75 thousand crore on this scheme. This scheme will benefit about 12 crore farmers in the country.