- Agricultural sector is the priority of the government, as stated by the Finance Minister.
- The government will ensure farmer’s growth.
- One of the aims is to double farmer’s income, will double farm income by 2020.
- 2000 Cr Infra Fund for Farm Sector.
- Focus on agricultural and rural economy.
- Food processing allocation doubled.
- Food processing sector growing at 8%.
- 500 Cr for operation green to boost Agri.
- Propose reconstructed bamboo mission, 1290 Cr to promote bamboo sector.
- Irrigation fund set up in NABARD.
- 10000 Cr for fisheries, animal husbandry.
- Will set up long term irrigation fund.
- Export of agri commodities to be liberalized.
- 8 Cr Gas connections for poor women.
- FM cites “Ujjwala Yojana”.
- 4 Cr households being electrified.
- Government has constructed 6 Cr toilets.
- Housing for all by 2022.
- Loans to women self groups.
- Social security for old women.
- Govt committed to education.
- Thrust on education in tribal areas
- 1,00,000 Cr for education research.
- 18 new schools for architecture.
- 5 lac heath centers to be set up.
- 1200 Cr boost for health sector.
- Flagship health protection scheme.
- 50 Cr families to get benefitted.
- Rs 5 lakh cover per family per year, in health sector.
- Tuberculosis patients- special nutritional benefits, 600 Cr for Tuberculosis patients.
- 24 new medical colleges.
- National health protection scheme launched.
- Atleast one medical college for every 3 constituencies.
- India closer to universal health care.
- Save Ganga- 187 projects santioned.
- Save Ganga- 47 projects completed.
- 16713 Cr allocated for rural sanitation.
- Government to bring 60 Cr bank accounts under Jan Dhan.
- MSME- A major element for growth.
- 3794 Cr allocated for MSME sector.
- 56000 Cr- SC/ST Schemes.
- Venture capital funds and angel investors- to strengthen the environment.
- Creation of job opportunities.
- Paid maternity leave from 12 to 26 weeks.
- 70 lakh formal jobs created this year.
- Incentives for employing women.
- FM cites 8.33% EPF contribution.
- 7140 Cr- Allotment for textile sector in 2018-19.
- Big boost for textile sector.
- 50L Cr need for infrastructure sector.
- 04L Cr for smart cities.
- Big thrust on infra projects.
- 48L Cr for rail projects.
- Redevelopment of 600 railway stations.
- All railways will have wifi, cctv and other amenities.
- 3600 km under track renewal.
- There will be escalators in railway stations, footfalls greater than 25 k.
- Airport authority of India has 124 airports.
- 40000 Cr for expansion of Mumbai transport.
- Airlines have ordered 900 aircrafts.
- 3073 Cr for Digital India.
- Global economy becoming digital.
- 10K Cr for Digital Infrastructure.
- Government sets 5G roadmap.
- Bitcoins to be undet I-T Scanner.
- Government focuses on defense modernization.
- Private investment opened in defence.
- 2 defence industrial production corridoors.
- 2017-18 disinvestment target increased.
- Disivestment target- 80k Cr for 2018-19.
- Consumer friendly gold exchange.
- Salaries up for presidents and VP.
- Law to regulate salaries for MPs.
- Law to revise salaries every 5 years.
- Fiscal deficit of 3.3% of GDP for 2018-19.
- 81 Lakh new returns filed.
- 100 % tax deduction to farm producer related firms.
- Reduced corporate tax to 25% to companies who have a reported turnover of upto 250 Cr (Benefit to MSMEs)
- Relief to senior citizens.
- Exemption of interest income for deposits to bank and post office for senior citizens to be increased.
- Partial relief for salaried class.
- Standard deduction raised to 40,000.
- 50000 exemption for health insurance of senior citizens.
- Long term capital tax exceeding 1 lakh to be 10%.
- Gain from equity to be taxed 15 %.