Categories: Business

Budget Highlights-6

* Government to provide health insurance of up to Rs.1 lakh per family; 300 generic drug stores to be opened under PM Jan Aushadhi Yojana

  • Roads and highways allocated Rs.55,000 crore, 50,000 km of state highways to be taken up for upgradaing to national highways

  • Stand Up India scheme allocated Rs.500 crore for SCs, STs women entrepreneurs

  • Government to incentivise gas production from deep sea and other unutilised deep sources

  • Public Utility Resolution of Disputes Bill for resolution of infra sector disputes

  • Pradhan Mantri Kaushal Vikas Yojan gets Rs.1,700 crore

  • Digital depository for school leaving certificates

  • Higher education financing agency to be set up with fund of Rs.1,000 crore

  • National Skill Development Mission has imparted training to 76 lakh youth; 1,500 multi-skill training institutes to be set up

  • Model Shops and Establishments Bill to be circulated for voluntary adoption by states

  • Current account deficit down to $14.4 billion

  • Rs.2.87 lakh crore for rural and urban local bodies

  • Animal welfare programme, animal health card, e-marketing platform for connecting breeders

  • 100 percent village electrification to be achieved by May 1, 2018

  • Appreciation for 75 lakh middle class and lower middle class families for willingly giving up LPG Subsidy

  • Rs.19,000 crore allotted for PMGSY

  • Rs.8.5 lakh crore of agricultural credit targetted in 2015-16; and Rs.9 lakh crore in 2016-17

  • Rs.35,984 crore allocated for agriculture in 2016-17

  • Five lakh acres to be brought under organic farming over three-year period

  • MGNREGA to get Rs.38,500 crore

  • Recapitalisation of banks during next fiscal

  • Prudent fiscal policy needed, domestic demand should be raised, reforms need to be carried out

  • Farm, rural sector, infra and social sector to get more funds

  • Need to prioritise expenditure given recommendations of 7th Pay Commission and OROP implementation

  • Nine pillars for reforming India, among them agriculture, social sector, education, infra, fiscal discipline, and tax reforms

  • Presenting budget when global economy in a serious crisis

  • Amidst global headwinds, the Indian economy has held its own

  • Converted challenges we inherited into opportunities

  • CPI inflation down to 5.4 percent from 9 percent-plus, bringing big relief to the public

  • Forex reserves at highest-ever level

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