Diwali Gift for You – Crack it out before it goes off

Finance Minister Arun Jaitley presented the Budget and has mentioned the Following,

• The government has implemented a series of structural reforms, and India now stands out as one of the fastest growing economies.
• With the introduction of the goods and services tax (GST), the indirect tax system has been made simpler.
• India is now a $2.5-trillion economy and the government is firmly on path to achieve 8% plus growth soon
• The Growth rate is expected to grow at 7.2% – 7.5% in the second half of 2017-18.
• This budget will focus on Strengthening the Rural Economy.
• Indian Economy is the Seventh Largest Economy in the world.
• Economy to grow by 7.2-7.5 percent in second half of current fiscal.
• Exports to grow by 17% in 2017-18.
• From the ease of doing business, our govt has moved to ease of living for the poor and middle class.
• 470 APMCs has been linked with ENMA and the rest will be linked within march. The government will develop 22,000 Gramin agricultural markets.
• Government proposes to launch ‘Operation Greens’ along the lines of Operation Flood’.
• Operation Green will be launched for agriculture and the Minister allocates ₹500 crore for this.
• Kisan credit card facility extended to fisheries and animal husbandry sectors
• The Finance Minister allocates ₹1,290 crore for development of the bamboo production sector.
• Propose launch of a restructure national bamboo mission with Rs1200 crore, while Rs10, 000 crores has been allocated to fisheries and animal husbandry sector.
• The government want farmers to earn 1.5 times the cost of the produce of their crops.
• Cluster-model approach to be adopted for agricultural production
• Fishery and Aquaculture Infrastructure Development Fund and Animal Husbandry Infrastructure Fund to be set up – total corpus 10, 000 crore rupees
• Removal of crop residue to be subsidized in order to tackle the problem of pollution due to burning of crop residue
• Proposed to raise institutional credit for agriculture to Rs11 trillion for 2018-19.
• Cooking gas being given free to poor under PMUY, 4 crores unconnected being provided electricity connection, stent prices.
• 14.34 lakh crore rupees to be spent for rural infrastructure
• India is firmly on path to achieve 8% plus growth
• Integrated B.Ed programme to be initiated for teachers, to improve quality of teachers
• Eklavya schools to be started for Scheduled Tribe population: By 2022, every block with more than 50% ST population and at least 20, 000 tribal people will have ‘Ekalavya’ school at par with Navodaya Vidyalas.
• Govt to launch Prime Minister’s Research Fellow Scheme which will identify 1000 B.Tech students to do PhD at IITs.