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Union budget highlights - 2017

Budget - By: - CS Swati Dodhi - Dated:- 1-2-2017 Last Replied Date:- 6-2-2017 - Union budget highlights: IMF estimates world GDP will grow by 3.4 per cent in 2017. Oil prices, rising dollar and volatile commodity prices seen as risks to Indian economy. India is seen as engine of global growth, have witnessed historic reform in last one year. Note ban is expected to have only a transient impact on economy. The pace of remonetisation has picked up. Effects of demonetisation not expected to spill o .....

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which is enough to cover 12 months needs. Allocation under MNREGA increased to 48,000 crore from ₹ 38,500 crore. This is highest ever allocation Total allocation for rural, agricultural and allied sectors for 2017-18 is ₹ 187223 crore, which is 24% higher than last year. One crore houses for poor by 2019. Safe drinking water to cover 28,000 arsenic and Fluoride-affected habitations in the next four years. 133-km road per day constructed under Pradhan Mantri Gram Sadak Yojana as again .....

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etro rail policy will be announced, this will open up new jobs for our youth. Foreign investment promotion board (FIPB) to be abolished. Allocation for infrastructure stands at a record ₹ 3,96,135 crore. Government to set up strategic crude oil reserves in Odisha and Rajasthan. 1.25 crore people have already adopted Bhim App for digital payments. Aadhaar Pay- an app for merchants- to be launched' 20 lakh aadhaar-based POS by September 2017. Government is considering introduction of new .....

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