Union Budget for year 2018-19 presented by FM Arun Jaitley
Today finance minister Arun Jaitley presented UNION BUDGET for the financial year 2018-19. FM Arun Jaitley gives big boost to agriculture.
Sensex jumps over 200 points.
Highlights of the Union Budget is as follows:
- India is on track for 8% GDP growth: FM Jaitley
- My govt is committed to the welfare of the farmers: FM
- Good governance our priority, says FM Jaitley
- India is 3rd largest economy on purchasing power parity, says Jaitley
- India expected to grow between 7.2% and 7.5% in second half of the financial year: FM
- Indian economy and society have shown remarkable resilience: FM Indirect tax system made simpler with GST introduction, says FM Structural reforms to help economy achieve strong growth in mid & long term: FM
- Jaitley Govt led by PM Modi has implemented a series of structural reforms. India now stands as one of the fastest economies in the world: FM
- Allocation to National Livelihood Mission raised to Rs 5,750 crore Proposed to increase institutional credit to agriculture for Rs 11 lakh crore for 2018-19
- Rs 16000 crore allocated to Pradhan Mantri Saubhagya Yojana 8 crore poor families will be given free gas connection via Ujjwala scheme
- Allocate Rs 1290 to National Bamboo Mission Food Processing MInistry Allocation double to Rs 1400 crore
- Indian Agri exports potential USD 100 billion as against $30 billion Proposes to extend Kisan Credit Card: FM Water supply contracts for 494 projects worth Rs 19000 crore approved Proposes expanding border roads for defence boost: FM
- Need massive investment of Rs 50 lac cr for infra sector: FM
- Infra projects worth Rs 9 lakh crore have been facilitated and fast-tracked: FM
- Propose outlay of Rs 7148 cr for textile sector for next year: FM Jaitley Govt to setup model aspirational skill centre: FM
- Govt to contribute 12% of the wages of new employees for all sectors under EPF: Jaitley Seen 70 lakh formal jobs being created this year: FM
- VCs and Angel investors need a regulatory regime for their growth: Jaitley Propose to allocate lending of Rs 3 lakh crore under Mudra Yojana: FM
- Tax burden on MSMEs to be reduced: FM Will soon announce measure for SME NPAs: FM
- Aim to complete 9,000 km highway construction in FY18: FM
- Arun Jaitley NHAI to consider taking road assets into a SPV: FM Jaitley Railway CAPEX target at Rs 1.48 lakh crore 150 kms of additional suburban network being planned at Rs 40,000 crore To eliminate about 4600 unmanned crossings in next 2 years: FM Jaitley UDAN to connect 56 unserved airports & 31 unserved helipads: FM
- Jaitley Mumbai transport system being expanded for Rs 11,000 crore A house for every poor citizen by 2020, says FM
- Arun Jaitley Rs 17,000 cr for suburban rail infra in Bengaluru: FM Jaitley Aim to expand airport capacity by 5 times to handle 1 bn trips a year: FM
- RBI norms to nudge companies to access bond markets for fundraising: FM
- Jaitley To allocate Rs 3,073 crore under Digital India programme: FM Jaitley
-
Union Budget 2018 will accelerate economic growth, it is focused on all sectors: PM Modi
-
From food processing to fiber optics, roads to shipping, youth to senior citizen, rural India to Ayushmaan Bharat, Digital India to Start Up India, this budget strengthens hopes and aspirations of crores of Indians: PM Modi
-
This Budget is to strengthen the foundation of India and is farmer, common man, business and development-friendly: PM Modi
-
Prime Minister Narendra Modi addresses nation
-
National health protection scheme to benefit 10 crore poor families announced, it is a huge initiative: Bihar Chief Minister Nitish Kumar
-
2 key recommendations of FRBM committee accepted by Govt: Finance Secy
-
Would be losing Rs 60,000 cr if corp tax rates were brought down: Finance Secy
