Minister Monetary policy to be expansionary in major economies
More steps will be taken to benefit farmers and the weaker sections; budget being presented during weak global economy
Pace of remonetisation has picked up;
Functional autonomy of the railways to be maintained
Demonetisation will help in transfer of resources from tax evaders to government:
Merger of Railways Budget with General Budget brings focus on a multi-modal approach for development of railways, highways and inland water transport
Only transient impact on economy due to demonetisation; long term benefit include higher GDP growth and tax revenue
GDP will be bigger, cleaner after demonetisation
Effects of demonetisation not expected to spill over to the next year, says
Effects of demonetisation not expected to spill over to the next year, says
Govt took two tectonic policy initiatives - passage of GST Bill and demonetisation
Demonetisation was a continuation of series of measures taken by govt in 2 yrs; it is bold and decisive measure
We are seen as engine of global growth; IMF sees India to grow fastest in major economies
36 pc increase in FDI flow; forex reserves at USD 361 billion in January enough to cover 12 months needs
CAD declined from 1 pc last year to 0.3 pc in first half of current fiscal: FM
India has emerged as bright spot in the world: FM
Uncertainty around commodity prices especially oil to have impact on emerging economies: FM
Double digit inflation has been controlled; sluggish growth replaced by high growth; war on blackmoney launched: FM
We have moved from discretionary based administration to policy based administration: FM Jaitley
Agricultural sector is expected to grow at 4.1 per cent this fiscal, says Jaitley
Demonetisation was a bold and decisive strike in a series of measures to arrive at a new norm of bigger, cleaner and real GDP
Committed to double farm income in 5 yrs
Plan, non-plan classification of expenditure done away with in the Budget for 2017-18 to give a holistic picture
Mini labs by qualified local entrepreneurs to be set up for soil testing in all 648 krishi vigyan kendras in the country
Budget presentation advanced to help begin implementation of schemes before onset of monsoon
We will continue the process of economic reform for the benfit of poor
Spend more in rural areas, infra, poverty alleviation, while maintaining fiscal prudence as guiding principle of Budget
Our agenda for next year is to transform, energise and clean India
Allocation under MNREGA increased to 48,000 crore from Rs 38,500 crore. This is highest ever allocation
Rs 9,000 cr higher allocation for payment of sugarcane arrears
Target of agriculture credit fixed at Rs 10 lakh cr in 2017-18
Tax administration honouring the honest is one of the 10 pillars of Budget 2017-18
National Testing agency to conduct all examinations in higher education, freeing CBSE and other agencies
133-km road per day constructred under Pradhan Mantri Gram Sadak Yojana as against 73-km in 2011-14
Govt to set up dairy processing fund of Rs 8,000 crore over three years with initial corpus of Rs 2,000 crore
1 cr households to be brought out of poverty under Antodya Scheme
Participation of women in MNREGA increased to 55 pc from 45 pc in past
Modern law on contract farming will be drafted and circulated to states
Dedicated micro-irrigation fund to be created with a corpus of Rs 5000 crore
Market reforms will be undertaken, states will be asked to denotify perishables from Essential Commodities Act
Space technology to be used for monitoring MNREGA implementation
Sanitation coverage in villages has increased from 42 pc in Oct 2016 to 60 pc, a rise of 18 pc, says FM
We propose to provide safe drinking water to 28,000 arsenic and fluoride affected habitations
To construct one crore houses by 2019 for homeless. PM Awas Yojana allocation raised from Rs 15,000 cr to Rs 23,000 cr
100 pc electrification of villages to be completed by May 2018
27,000 cr on to be spend on PMGSY; 1 cr houses to be completed by 2017-18 for houseless
PM Kaushal Kendras will be extended to 600 districts; 100 international skill centres to be opened to help people get jobs abroad
The allocation for rural agri and allied sector in 2017-18 is record Rs 1,81,223 crore
In higher education, we will undertake reforms in UGC, give autonomy to colleges and institutions
A system of annual learning outcome in schools to be introduced; innovation fund for secondary education to be set up
Two new AIIMS to be set up Jharkhand and Gujarat
New rules regarding medical devices will be devised to reduce their cost
1.5 lakh health sub centres to be converted to Health Wellness Centres
National Housing Bank will refinance indiviual loans worth Rs 20,000 crore in 2017-18
Rs 500 cr allocated to set up Mahila Shakti Kendras; Allocation raised from Rs 1.56 lakh cr to Rs 1.84 lakh cr for women & child welfare.
Capital and development expenditure pegged at Rs 1.31 lakh cr for railways in 2017-18 from Budget
Allocation for SCs increased from Rs 38,833 cr to Rs 52,393 cr, a rise of 35 per cent
35 pc increase in allocation for SC to Rs 52,393 cr
For senior citizens, Aadhaar based health cards will be issued
Model Shops and Establishment Bill to open up additional opportunities for employment of women
Select airports in tier-II cities to be taken up for operations, development on PPP mode
New metro rail policy to be unveiled
Railway tariffs to be fixed on the basis of cost, social obligation and competition
Service charge on e-tickets booked through IRCTC will be withdrawn
Delhi and Jaipur to have solid waste management plants and five more to be set up later
Government proposes Coach Mitra facility to redress grievances related to rail coaches
500 stations will be differently abled by providing lifts and escalators
Unmanned railway level crossings to be eliminated by 2020
Railway line of 3,500 km will be commissioned in 2017-18 as against 2,800 km in 2016-17
Total allocation for rural, agri and allied sectors for 2017-18 is a record Rs 1,87,223 cr, up 24 per cent from last year
Rs 1 lakh cr corpus for railway safety fund over five years
A scheme for senior citizens to ensure 8 per cent guaranteed returns
Dedicated micro-irrigation fund to be set up by NABARD to achieve mission of Per Drop, More Crop
Digi Gaon will be launched to promote tele-medicine and education
Crude oil strategic reserves to be set up in Odisha and Rajasthan apart from 3 already constructed
Coverage of Fasal Bima Yojana to go up from 30 pc of cropped area to 40 pc in 2017-18 and 50 per cent next year
For transport sector, including railways, road and shipping, government provides Rs 2.41 lakh crore
Allocation of Rs 10,000 cr for Bharat Net project for providing high-speed broadband in FY18
Allocation for national highways stepped up to Rs 64,000 cr from Rs 57,676 cr
Budget allocation for highways stepped up to Rs 64,000 crore in FY18 from Rs 57,676 crore
Dispute resolution in infrastructure projects in PPP mode will be institutionalised
Rs 2,74,114 crore allocated for defence expenditure, excluding pension; This includes Rs 86,000 crore for defence capital
Govt to further liberalise FDI policy
Over 90 per cent of FDI proposls are now processed through automatic route
FIPB will be abolished
Trade Infrastructure Export Scheme to be launched in 2017-18; total allocation for infra at record Rs 3.96 lakh cr
Second phase of solar power development to be taken up with an aim of generating 20,000 MW
After demonetisation on Nov 8 last year, deposit of between Rs 2 lakh and Rs 80 lakh made in 1.09 cr bank accounts at an average of Rs 5.03 lakh till Dec 30
More funds beyond Rs 10,000 cr for recapitalisation of banks will be provided if needed
The shares of railway CPSCs like IRCTC and IRFC to be listed on various stock exchanges
We are largely a tax non-compliant society
New ETF with diverse stocks will be launched in 2017-18
Of 76 lakh individuals who reported income of over Rs 5 lakh, 56 lakh are salaried
Integrated public sector oil major to be created to match global giants
Govt will amend the Multi-state Cooperative Act to protect the poor and gullible investors
Urgent need to protect poor from chit fund schemes, draft bill placed in public domain
Computer emergency response team to be set for cyber security of financial sector