GDP Accelerates to 7.6%; Budget 2016-17 Built on Agenda ‘Transform India’ While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that the growth of GDP has accelerated to 7.6% in the current Financial Year. This was possible notwithstanding the contraction of global exports by 4.4% compared to 7.7% growth in the world … [Read more...] about GDP Accelerates to 7.6%; Budget 2016-17 Built on Agenda ‘Transform India’
Budget Highlights
Budget 2016-17 : Measures for moving towards a pensioned society
Measures for moving towards a pensioned society While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that pension schemes offer financial protection to senior citizens. He proposed to make withdrawal up to 40% of the corpus at the time of retirement tax exempt in the case of National Pension Scheme(NPS). In case of … [Read more...] about Budget 2016-17 : Measures for moving towards a pensioned society
Key Reform Measures in Budget speech 2016-17
Union Finance Minister Shri Arun Jaitley spoke on the Key Reform Measures in his Budget speech 2016-17 1. The Government is firm on its course towards fiscal consolidation without compromising on its development agenda. 3.5% fiscal deficit is targeted for FY 2017. 2.Total allocation for Agriculture, Farmers’ welfare and Irrigation set at Rs. 47,912 cr, which is nearly twice … [Read more...] about Key Reform Measures in Budget speech 2016-17
Budget 2016-17 – Major Focus On Agriculture And Farmers’ Welfare 28.5 Lakh Hectares To Be Brought Under Irrigation
Budget 2016-17 presented in Parliament; Major Focus On Agriculture And Farmers’ Welfare 28.5 Lakh Hectares To Be Brought Under Irrigation Rs. 2.87 lakh crore Grant in Aid to Gram Panchayats and Municipalities 100% village electrification by 1st May 2018 A massive mission announced to provide LPG connection to poor households New Health Protection Scheme to provide Health … [Read more...] about Budget 2016-17 – Major Focus On Agriculture And Farmers’ Welfare 28.5 Lakh Hectares To Be Brought Under Irrigation
Press Release : Important Announcements made by Union Finance Minister Shri Arun Jaitley in his Budget speech 2016-17
Important Announcements made by Union Finance Minister Shri Arun Jaitley in his Budget speech 2016-17 1.Big Focus on Agriculture and Farmer’ Welfare (i) Farmer’s income to be doubled by 2022. (ii) 28.5 lakh hectares will be brought under irrigation under Pradhan Mantri Krishi Sinchai Yojana. (iii) 89 irrigation projects, requiring Rs. … [Read more...] about Press Release : Important Announcements made by Union Finance Minister Shri Arun Jaitley in his Budget speech 2016-17
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