NEWS FROM THE WEEK
New India Budget: Farmer Friendly, Common Man Friendly, Business Environment Friendly as well as Development Friendly
The New India Budget will Live up to the Expectations of Every Indian Citizen: PM Modi
PM
Narendra Modi highlighted the broad objectives of this year’s budget.
Underlining its spirit, he said that through this budget his government
has put the focus not only on ‘Ease of Doing Business’ but also on ‘Ease
of Living’.
Narendra Modi highlighted the broad objectives of this year’s budget.
Underlining its spirit, he said that through this budget his government
has put the focus not only on ‘Ease of Doing Business’ but also on ‘Ease
of Living’.
Ayushman Bharat: World’s Largest Health Insurance Scheme to be launched
The
initiative which will cover over 10 crore poor and vulnerable families
(approximately 50 crore beneficiaries) providing coverage upto 5 lakh
rupees per family per year, thus providing a robust health protection to
the needy.
initiative which will cover over 10 crore poor and vulnerable families
(approximately 50 crore beneficiaries) providing coverage upto 5 lakh
rupees per family per year, thus providing a robust health protection to
the needy.
MSP of Crops Increased to one and half times of production cost
In
line with the government’s objective of doubling farmers’ income, the
Minimum Support Price (MSP) for all hitherto unannounced crops of Kharif
was raised to at least one and half times of their production cost.
line with the government’s objective of doubling farmers’ income, the
Minimum Support Price (MSP) for all hitherto unannounced crops of Kharif
was raised to at least one and half times of their production cost.
Five Pillars of the New India Budget
- New India Budget for enhanced Ease of Living
From Improved healthcare to free electricity connections, the Modi government is ensuring ease of living for every Indian.
- Farmer Friendly New India Budget
Several
steps to support the farmers and enhance their income, including
launching ‘Operation Greens’ to augment food processing to hiking
institutional credit for agriculture to Rs. 11 lakh crore have been
announced in the budget. - New India Budget for New Opportunities
MSME
sector has received a huge boost in the budget, with the government
reducing the tax rate for MSME to 25% while raising the allocation for
Mudra Yojana to Rs 3 lakh crore. - Common Man Friendly New India Budget
The budget opens up possibilities for increased savings for senior citizens and salaried class and ensures a premium on honesty.
- New India Budget for New Infrastructure
In
order to realize the dream of modern India, to enhance Ease of Living
of the common man, the Budget makes a historic allocation for creating
Next Generation Infrastructure.
MEDIA COVERAGE
- Budget 2018: Poor & informal workers now covered under world’s largest health scheme
- Govt allocates Rs 1.48 lakh Cr for Railways in the Budget 2018; Wifi and CCTVs to be provided in all trains
- Budget 2018:Divestment target met for the first time
- Budget 2018: Heyday for grey days – Senior citizens get triple break
- Budget: Civil aviation ministry gets Rs 6,602 crore allocation
- Government allocates Rs 5.97 lakh crore for infra spending in 2018-19
- Budget 2018: Over three-fold increase in National Nutrition Mission funds
- India Inc hails Budget 2018, says focus on rural economy will create jobs
- Budget in line with fiscal consolidation path: Moody’s analyst
- Farm sector boost: MSP for kharif crops to be 1.5 times input cost, Arun Jaitley says
- Ujjwala scheme expands ambit to include 8 crore women beneficiaries
- Prime Minister Modi’s Remarks on New India Budget
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