When is finance budget 2018 india

The budget India session will end on April 6. The Budget will be very crucial for the Modi government as this would be its last full-fledged one before the big Lok Sabha Elections. Apart from this there are key assembly elections including, Karnataka, Rajasthan Madhya Pradesh, are also taking place in Economic Survey of India is a review document of the annual economic development of the country. The central government presents Economic Survey just ahead of the Union Budget every year. It also showcases highlights the policy initiatives of the government.

Exports are expected to grow at 15 per cent in Fiscal deficit target for is set at 3. Fiscal deficit for is revised to Rs 5. A total of Rs Minimum Support Price MSP for all announced kharif crops will be at least one and half times of their production cost, similar to the majority of rabi crops. Health, Education and Social Protection Budgeted expenditure on health, education and social protection for is Rs 1.

Role of technology in the education sector will be increased with a focus on increased digital intensity. A total of 24 new government medical colleges and hospitals will be set up. Additional measures will be taken by the government for growth and successful operation of alternative investment funds. Employment Generation As per an independent study conducted, over 7 million formal jobs will be created in the country during The Centre will work with the state governments to facilitate farmers for installing solar water pumps to irrigate their fields.

He also proposed to extend the facility of Kisan Credit Cards to fisheries and animal husbandry farmers to help them meet their working capital needs. He also proposed to set up state-of-the-art testing facilities in all the forty two Mega Food Parks.

He also announced a special Scheme to support the efforts of the governments of Haryana, Punjab, Uttar Pradesh and the NCT of Delhi to address air pollution in the Delhi-NCR region by subsidizing machinery required for in-situ management of crop residue.

He also substantially increased allocation of National Rural Livelihood Mission to Rs crore in Referring to the measures taken for the benefit of lower and middle class, the Finance Minister said, under Ujjwala Scheme distribution of free LPG connections will be given to 8 crore poor women instead of the previous target of 5 crore women.

Under Saubahagya Yojana, 4 crore poor households are being provided with electricity connection with an outlay of Rs. To fulfil target of housing for All by ,more than one crore houses will be built by in rural areas, besides already constructed 6 crore toilets under Swachh Bharat Mission.

Shri Jaitley stressed that the focus of the Government next year will be on providing maximum livelihood opportunities in the rural areas by spending more on livelihood, agriculture and allied activities and construction of rural infrastructure. He said, in the year , for creation of livelihood and infrastructure in rural areas, total amount to be spent by the Ministries will be Rs.

Apart from employment due to farming activities and self employment, this expenditure will create employment of crore person days, 3. Education, Health and Social Protection. The Finance Minister said that estimated budgetary expenditure on health, education and social protection for is Rs. He said that a survey of more than 20 lakh children has been conducted to assess the status on the ground, which will help in devising a district-wise strategy for improving quality of education.

To improve the quality of teachers an integrated B. Under this, 1, best B. Tech students will be identified each year from premier institutions and provide them facilities to do Ph. He also committed Rs crore for the National Health Policy, , which with 1.

The Government also decided to allocate additional Rs. Shri Jaitley said, the government will be setting up 24 new Government Medical Colleges and Hospitals by upgrading existing district hospitals in the country. On cleaning the Ganga, the Finance Minister said, a total of projects have been sanctioned under the Namami Gange programme for infrastructure development, river surface cleaning, rural sanitation and other interventions at a cost of Rs.

All Ganga Grams — villages on the bank of river - have been declared open defecation free. He said, the government has identified aspirational districts taking various indices of development in consideration for making them model districts of development.

A sum of Rs. It is proposed to set a target of Rs. Employment Generation. Reiterating that creating job opportunities is at the core of Government policies, Finance Minister cited an independent study as showing that 70 lakh formal jobs will be created this year.

The Budget proposed an outlay of Rs. Infrastructure and Financial Sector Development. Emphasising that infrastructure is the growth driver of economy, the Finance Minister estimated that investment in excess of Rs. He announced increase of budgetary allocation on infrastructure for to Rs.

The Government has made an all-time high allocation to rail and road sectors and is committed to further enhance public investment. Stock analysis. Market Research. Nifty 18, Zomato Ltd. Market Watch. ET NOW. Brand Solutions. Video series featuring innovators.

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