Major highlights of union budget 2018 19 pdf

Major Highlights of Union Budget 2018-19

- Finance Minister

Arun Jaitley announced Union Budget 2018-19 on 1st February, 2018, in Parliament. In this budget finance minister focusing on four aspects to the strengthening of agriculture, education, healthcare benefits and improving

• Here are some major highlights of Budget 2018-19 – • In terms of New India project, Budget has in store for agriculture and rural economy.

• In the field of Agriculture Setting up an agricultural market fund with corpus of Rs 2,200 cr. India

business headlines

• Food : Allocation to food processing doubled to Rs 1,400 cr from Rs 715 cr • In Agriculture field, State of the art facility to be set up in 42 food parks for agri exports • Mechanism to sell surplus solar power to DISCOMS at reasonable prices

• From 10 lakh crore to 11 lakh crore – credit for agricultural activities • Target is constructing 2 cr toilets in FY19 • 8 crore free gas connections to women under UJJWALA and 4 crore electricity connections to the poor under Saubhagya Yojana • Assign Rs 2,600 underground water irrigation plan in 96 districts.

• Education: Total investment of Rs 1 lakh cr for RISE

• Earmark Rs 1,200 cr for specialized health, wellness centres • Rs 5 lakh/year per family for 10 cr families will be allocated • Medical field, Allocation of Rs 600 Cr for nutritional support to all tuberculosis patients

Breaking news India • 47 projects under the 'Namami Gange' programme have been completed • MSMEs sector gets Rs 3,794 crore in the form of capital support and interest subsidy

• Will soon be announcing measures to help deal with NPAs of SMEs, reiterating that MSMEs are extremely important for economy • Women contribution to EPF to be reduced to 8% for 1st 3 years • FM says allocate Rs 7,148 cr to textile sector India Startup

News

• The government will contribute 12% of the EPF of new employees for all sectors in next three years.

• Out of 100 smart cities 99 cities have been selected with an outlay Rs 2.04 lakh crore.