Budget Key points 2017
* We have made transition from an informal to a formal economy
* The government is now seen as a trusted custodian of public money
* Sluggish growth has been replaced by robust growth
* Our focus will be on energizing the youth to reap the benefits of growth
* India stands out as a bright spot in world economic stage
* India's deficit has decreased
* Current account deficit decreased to 0.3% of the GDP
* According to IMF India is set to be one of the fastest growing economies in the world
* India has become the 6th largest manufacturer in the world
* We have moved from a discretionary administration to a policy-based administration
* Government focused on creating more job for youths
* Massive campaign on black money.
* Effect on demonetisation wont spell over 2018
* Demonetisation is a bold and decisive measure,
* For many decades tax evasion was a way of life for many
* Positive sign for the coming years
* Merging rail budget with general budget is historic
* Data advancement to improve farmers
* Wil double farmers income in 5 years
* Focus on macro stability as India growing due to macro stability
* Adequate credit will be avaliable for the farmers
*Credit for farmer to boost tractor sale
* Model law for contract farming to be adopted
* MNREGA to assests to improve farmers productivity
* Dairy processing firm to set up
* 100 mini labs will be set up by qualified entrepreneurs
* Issuance of soil health cards to gain momentum
* Integrate farmers who grow fruits and vegetables with agro processing units
* Issuance of soil health cards to gain momentum
* Integrate farmers who grow fruits and vegetables with agro processing units
* Highest ever allocation for MNREGA. MNREGA allocation Rs 48,000 crore
* Irrigiation fund corpus to be 5000 crore
* States to be urged to denotify perishables from APMC
* Nabard Dairy fund corpus to be 8000 crore, initial amount at 2000 cr
* 50,000 GPs to be poverty free by 2019?
* Drought proofing of GPs to be done through pond work in NREGA
* States to be urged to denotify perishables from APMC
* Nabard Dairy fund corpus to be 8000 crore, initial amount at 2000 cr
* 50,000 GPs to be poverty free by 2019?
* Drought proofing of GPs to be done through pond work in NREGA
* 1 crore houses to be build by 2019
* Will bring 1 Crore house out of poverty
* 100 % rural electrifiaction by 2019
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