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BREAKING NEWS

Budget Highlights 6

01 Feb 2018

* Government plans to construct two crore more toilets under Swachh Bharat Mission



* Rs 7 148 crore outlay for textile sector in 2018-19 * One government medical college to be ensured for every three parliamentary constituencies by upgrading 24 district-level colleges * Hard work of farmers resulted in a record production of more than 275 million tonnes of foodgrain and about 300 million tonnes of horticultural produce * Not only focussing on Ease of Doing Business but also Ease of Living * 70 lakh formal jobs have been created this year. Government will contribute 12 per cent of the wages as EPF in all sectors for the next three years * Mass formalisation of MSME sector is happening after demonetisation and GST * Have decided to take healthcare protection to a new aspirational level. Launching a flagship National Health Protection Scheme to cover 10 crore poor and vulnerable families benefiting approximately 50 crore people * Providing Rs 5 lakh per family per year for medical reimbursement under National Health Protection Scheme. This will be world s largest health protection scheme * Government is slowly but steadily progressing towards universal health coverage * Air pollution in Delhi NCR is a cause for concern; special scheme will be implemented to support Haryana Punjab UP and Delhi NCT to address this and subsidise machinery for management of crop residue * Scheme for revitalising school infrastructure with an allocation of Rs 1 lakh crore over four years. Called RISE - Revitalizing Infrastructure in School Education * Eklavya schools to be started for Scheduled Tribe population * By 2022 every block with more than 50 per cent ST population and at least 20 000 tribal people will have Ekalavya school at par with Navodaya Vidyalas * Integrated B.Ed programme to be initiated for teachers to improve quality of teachers * India is firmly on path to achieve 8 per cent plus growth * Propose to raise institutional credit for agriculture to Rs 11 lakh Crore for 2018-19 * Rs 14.34 lakh crore to be spent for rural infrastructure * Eight crore free gas connections to women under UJJWALA and 4 crore electricity connections to the poor under Saubhagya Yojana * 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 --IANS vm