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Union Budget 2018 Live: Latest News and Highlights
Samay Live Desk,IANS
Last Updated : 01 Feb 2018 01:34:49 PM IST
Finance Minister Arun Jaitley
Finance Minister Arun Jaitley

 

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
 
* 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
 
 Eklavya schools to be started for Scheduled Tribe population
 
* 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
* 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
 
 
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
 
* 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
 
 Eklavya schools to be started for Scheduled Tribe population
 
* 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
* 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
 
 
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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 



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