Union Budget 2018: Here are the highlights of the budget

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:

• 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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