2016-17 Union Budget:Highlights...

By: Team Ifairer | Posted: 29-02-2016

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2016-17 Union Budget:Highlights..., union budget 2016-17, budgets 2016, major highlights of budgets 2016-17, highlights of most awaited 2016-17 union budget, jaitley presents union budget 2016-17, union budget 2016-17, highlights of budgets, general articles, ifairer

-Agricultural credit target of Rs. 9 lakh crore.

-Four schemes for animal welfare.

-Rs. 2.87 lakh crore for gram panchayats as per recommendation of 14th finance commission.

-Rs. 38,500 crore for MNREGA. Highest ever for the rural employment scheme.

-5,542 villages have been electrified, more than the last three years combined.

-Rs. 9,000 crore sanctioned for Swachch Bharat Abhiyan.

-Two schemes for digital literacy for rural India to cover 6 crore households in the next three years.

-Total rural sector allocation Rs. 87,769 crore.

-Government to provide health insurance upto Rs. 1 lakh per family. 3,000 stores to be opened for generic drugs.

-National dialysis service programme under PPP model. LPG connection for women members of rural homes.

-Hub to support SC/ST entrepreneurs.

-10 public and 10 private educational institutions to be made world-class. Digital repository for all school leaving certificates and diplomas. Rs. 1,000 crore for higher education financing.

-Rs. 1,700 crore for 1500 multi-skill development centers.

-Small shops should be given the choice to remain open on all 7 days a week.

-More than 70,000 road projects were languishing at the beginning of the year. Nearly 85% of these projects have been put back on track.

-Rs. 97,000 crore for all roads. Total outlay on roads and rails will be Rs. 2.80 lakh crore.10,000 km of national highways in 2016-17 and 50,000 km state highways to be converted to NH roads.

-Total outlay for infrastructure is at Rs. 2.31 lakh crore.

-Motor Vehicles Act to be amended to enable entrepreneurship in the road transport sector.

-There are 160 airports and airstrips which can be revived.

-In the power sector, the govt is drawing up a plan for 15-20 years to augment investment in nuclear power. Rs. 3,000 crore per annum for this.

union budget 2016-17, budgets 2016, major highlights of budgets 2016-17, highlights of most awaited 2016-17 union budget, jaitley presents union budget 2016-17, union budget 2016-17, highlights of budgets, general articles, ifairer

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