Highlights of the Union Budget for 2018-19 presented in the Lok Sabha by Finance Minister Arun Jaitly on Thursday
Highlights of the Union Budget for 2018-19 presented in the Lok Sabha by Finance Minister Arun Jaitly on Thursday:
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- India now a $2.5 trillion economy and firmly on path to achieve 8% plus growth soon
- Will focus on agriculture and rural economy, health, infra, senior citizens
- Hope to grow at 7.2 per cent-7.5 per cent in the second half of 2017-18
- Allocating natural resources in a more transparent manner, there is a premium on honesty now
- Government led by PM modi has implemented a series of fundamental structural reforms
- Agri-Market Development Fund with a corpus of 2000 crore to be set up for developing agricultural markets
- 470 APMCs have been connected to #eNAM network, the rest to be connected by March 2018
- Minimum Support Price of all crops shall be increased to at least 1.5 times that of the production cost
- From ease of doing business, government has moved to ease of living for the poor and middle class
- Allocation in for Ministry of Food Processing is being doubled; specialised agro-processing and financial institutions to be promoted by the government
- India now a $2.5 trillion economy and firmly on path to achieve 8% plus growth soon
- Will focus on agriculture and rural economy, health, infra, senior citizens
- Hope to grow at 7.2 per cent-7.5 per cent in the second half of 2017-18
- Allocating natural resources in a more transparent manner, there is a premium on honesty now
- Government led by PM Modi has implemented a series of fundamental structural reforms
- Cluster-model approach to be adopted for agricultural production
- From Rs 10 lakh crore to Rs 11 lakh crore credit for agricultural activities
- Fishery and Aquaculture Infrastructure Development Fund and Animal Husbandry Infrastructure Fund to be set up with corpus of Rs 10,000 crore
- Restructured National Bamboo Mission to be launched with allocation of Rs 1,290 crore to promote sector in a holistic manner
- Rs 500 crore for Operation Green
- Agri-Market Development Fund with a corpus of 2000 crore to be set up for developing agricultural markets
- 470 APMCs have been connected to #eNAM network, the rest to be connected by March 2018
- Minimum Support Price of all crops shall be increased to at least 1.5 times that of the production cost
- From ease of doing business, government has moved to ease of living for the poor and middle class
- Allocation in for Ministry of Food Processing is being doubled; specialised agro-processing and financial institutions to be promoted by the government
- India now a $2.5 trillion economy and firmly on path to achieve 8% plus growth soon
- Will focus on agriculture and rural economy, health, infra, senior citizens
- Hope to grow at 7.2 per cent-7.5 per cent in the second half of 2017-18
- Allocating natural resources in a more transparent manner, there is a premium on honesty now
- Government led by PM Modi has implemented a series of fundamental structural reforms
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