The tax for people that is individuals has been reduced by the FM \u00a0Jaitley from 10 percent to 5 percent which is under Rs 5 lakhs. Only one page format for individual up to Rs 5 lakh.<\/p>\n
Demonetisation is expected to have a transient impact on economy.
\nWe will have a great impact on the economy and lives of our people . The effects of Dem. are not expected to spill over next year.
\nDemonetisation a bold and decisive measure and will lead to higher GDP growth.
\nThe effects of demonetisation will not spillover to the next fiscal.
\nAgriculture<\/p>\n
Sowing farmers should feel secure against natural calamities.
\nRs. 10 lakh crore as credit to farmers with 60 days interest waiver says FM
\nNABARD fund to be increased to Rs. 40,000 crore
\nGovt will set up mini lab in Krishi Vigyan Kendras for soiling:
\nA dedicated micro irrigation fund will be set up for NABARD with Rs 5,000 cr initial corpus
\nIrrigation corpus increased from Rs 20,000 crores to Rs 40,000
\nDairy processing infrastructure fund with be created initially with a corpus of Rs. 2000 cr
\nIssuance of Soil cards has gained momentum
\nA model law on contract farming will be prepared and shared with States
\nRural sector<\/p>\n
Government targets to bring 1 crore households out of poverty by 2019
\nDuring 2017-18, 5 lakh farm ponds to be taken up under MGNREGA
\nOver Rs 3 lakh cr spend for rural India. MGNREGA to double farmers income
\nParticipation of women in mgnrega up to 55%
\nDuring 2017-18, 5 lakh farm ponds to be taken up under MGNREGA
\nUsing space tech in a big way to plan MGNREGA works
\nWe propose to complete 1 crore houses for those without homes
\nAllocating Rs. 19,000 cr for Pradhan Mantri Gram Sadak Yojana in 2017-18
\nWe are well on our way of achieving 100% rural electrification by March 2018.
\nSwachh Bharat mission has made tremendous progress, sanitation coverage has gone up from 42% in Oct 13 to 60% now.
\nSanitation coverage in rural areas gone up from 42% in Oct 2014 to 60% now.
\nFor youth<\/p>\n
Introduction of a system of measuring annual learning outcomes, innovation fund for secondary education.
\nThere will be a focus on 3,479 educationally-backward blocks
\nColleges will be identified based on accreditation
\nSkill India mission was launched to maximise potential. 100 India International centres across country.
\nCourses on foreign languages to be introduced.
\nSkill India Mission was launched in 2015 to maximise the potential of our youth. 100 India International Skill centres will be established across the country.
\nSteps to create 5000 PG seats per annum
\nFor the poor; health care<\/p>\n
Mahila Shakthi Kendras – Rs. 500 cr allocated.
\nNationwide scheme for pregnant women – Rs. 6000 each will be transferred.
\nFor women and Kids – Rs. 1,84,632 cr. allocation investment
\nAffordable housing to be given infrastructure status.
\nSurplus liquidity – banks have already started reducing lending rates for housing
\nElimination of tuberculosis by 2025 targeted.
\n1.5 lakh health sub centres to be transformed into health wellness centre.
\nTwo new AIIMS in Jharkhand and Gujarat.
\nStructural transformation of regulator framework for medical education in India
\nAllocation for Scheduled Caste – Rs. 52,393 crore
\nAadhaar-based smartcards for senior citizens to monitor health.
\nInfrastructure<\/p>\n
A total allocation of Rs. 39,61,354 crore
\nTotal allocation for Railways \u2014 Rs. 1,31,000 crore
\nNo Service charge while booked tickets with IRCTC
\nRaksha coach with a corpus of Rs. 1 lakh cr fore five years (for passenger safety)
\nUnmanned level crossings eliminated by 2020
\n3,500 km of railway lines to be commissioned this year up from 2,800 km last year.
\nSMS based clean my coach service started
\nCoach mitra facility – to register all coach related complaints
\n2019 – bio toilets for all trains
\n500 stations to be made differently-abled friendly
\nRailways to partner with logistics players for front end and back end solutions for select commodities.
\nRailways will offer competitive ticket booking facility
\n2,000 km for coastal connectivity of roads –
\nRs. 64,000 crore allocation for highways.
\nAllocation of high speed Internet 1,50,000 gram panchayats
\nEnergy sector<\/p>\n
A strategic policy for crude reserves will be set up
\nRs. 1.26,000 cr for energy production-based investments received
\nTrade infra export scheme will be launched 2017-18<\/p>\n","protected":false},"excerpt":{"rendered":"
The tax for people that is individuals has been reduced by the FM \u00a0Jaitley from 10 percent to 5 percent which is under Rs 5 lakhs. Only one page format for individual up to Rs 5 lakh. Demonetisation is expected to have a transient impact on economy. We will have a great impact on the […]<\/p>\n","protected":false},"author":2,"featured_media":58225,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,2],"tags":[3180,29889,29890,29895,29891,29896,29892,14256,29893,10101,29897,20028,384,29894,24416,29898,27920],"class_list":["post-58224","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politicalnews","category-top-stories","tag-arun-jaitley","tag-arun-jaitley-calls-demonetisation-a-bold-and-decisive-measure","tag-arun-jaitley-in-budget-speech","tag-budget-developments-so-far","tag-budget-speech","tag-capital-works","tag-clean-india","tag-demonetisation","tag-energise","tag-lok-sabha","tag-passenger-safety","tag-railways","tag-speaker-sumitra-mahajan","tag-transform","tag-union-budget-2017","tag-union-budget-2017-on-railways","tag-union-budget-2017-18"],"jetpack_featured_media_url":"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2017\/02\/Budget-developments-so-far.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/58224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/comments?post=58224"}],"version-history":[{"count":0,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/58224\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media\/58225"}],"wp:attachment":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media?parent=58224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/categories?post=58224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/tags?post=58224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}