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Agriculture and Rural Economy
• Minimum Support Price of all crops shall be increased to at least
1.5 times that of the production cost. (Earlier only for Rabi)
• Agricultural Production is at the highest ever –
Food grains 275 MT
Fruits and Vege. 300 MT
Operation Greens –
➢ Tomato, onion and potato
➢ To promote farmer co-ops and food processing.
➢ Rs 500 crore funding.
• State of art 42 mega food parks proposed
• Prime Minister Krishi Sampada Yojana - for boosting investment in food
processing
• Organic farming, women self help groups to be encouraged
HEALTH
‘‘Ayushman Bharat’’ programme
• Aimed at making path breaking interventions to address health
holistically, in primary, secondary and tertiary care system
• covering both prevention and health promotion.
• Rs 1200 crore allocated for the programme.
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• 2 initiatives in this programme – Health centres and NHPS
1. Health centres
• 1.5 Lakh Health and Wellness Centres as the foundation of India’s health system.
• These centres will bring health care system closer to the homes of people
• Focus on maternal and child health services.
• Shall provide free essential drugs and diagnostic services.
• providing coverage up to 5 lakh rupees per family per year for secondary and tertiary care hospitalization.
• This will be the world’s largest government funded health care programme.
Allocation of
56,619 crore for SCs
And
39,135 crore for STs
in BE 2018-19.
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EDUCATION
• By 2022, every block with more than 50% ST population and at least 20,000 tribal people will have
'Ekalavya' school at par with Navodaya Vidyalas
• Focus on Learning Outcome and Quality Education.
• Improvement in Quality of Teachers - integrated B.Ed. Programme
• More than 13 Lakh Teachers to be trained as per RTE Act requirement.
• Shift to Digital Board from Black Board - Digital portal ‘‘DIKSHA’’.
• MUDRA Yojana has led to sanction of 4.6 lakh crore in credit from 10.38
crore MUDRA loans since 2015 launch
• 76% of loan accounts are of women and more than 50% belong to SCs,
STs and OBCs.
• It is proposed to set a target of 3 lakh crore for lending under MUDRA for
2018-19
• 70 lakh formal jobs will be created this year.
Infrastructure
• Rs. 50 lakh crore in infrastructure is required
• SMART cities, HRUDAY, AMRUT - Flagship schemes
ROADS
• 9000 km of Highways in 2017-18
• BHARATMALA - To develop 35,000 KM under phase 1 with an outlay of
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Rs 5.35 lakh crore
• Rohtang tunnel , Zozila tunnel. Now Sela Pass
RAILWAYS
• Railways’ Cap. ex. for the year 2018-19 has been pegged at 1,48,528
crore
• 18000 + 5000 km of track work
• COMPLETE CONVERSION TO BROAD GAUGE
• Eastern and Western dedicated Freight Corridors
• 160 km suburban railway network at a cost of 17,000 crore in and around
Bengaluru
• A ‘Safety First’ policy - ‘Fog Safe’’ and ‘‘Train Protection and Warning
System’’, 3600 km track renewal
• Wi-Fi,CCTVs in all trains and stations
• Escalators – 25k+ footfall
AIR
• UDAN - 56 unserved air airport to be connected , operations has started
in 16 unserved airport
• 900 new aircrafts
• 18% annual growth in traffic
• 124 airports - make capacity 5 times
Disaster Resilient Infrastructure – 60 crore
PSUs
• 1,00,000 crore in 2017-18 from disinvestment of PSUs
• Target of 80,000 crore for 2018-19.
• Process of acquisition of Hindustan Petroleum Corporation by the ONGC
has been successfully completed.
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United India Assurance Company Limited
Oriental India Insurance Company Limited
will be merged into a single insurance entity and will be subsequently listed.
Increased salaries
President - 1.5 to 5 lakh
Vice President - 1.25 to 4 lakh
Governor - 1.10 to 3.5 lakh
Salary revisions for Members of Parliament every 5 years Will be indexed to inflation.
FISCAL MANAGEMENT
Fiscal deficit for
FY18 (2017-18) - 3.5% of GDP (5.95 lakh crore)
FY19 (2018-19) - 3.3% of GDP (prediction)
*Fiscal deficit is the difference between total expenditure of the government and sum of its revenue receipts,
recovery of loans and other receipts
• GST revenue will be received only for 11 months, that will have an effect on balance sheets
• GST collections projection pegged at Rs 7.43 lakh crore in full year 2018- 19 as against Rs 4.44 lakh crore in
9 months of current fiscal.
• Growth in direct taxes (till Jan 15) is 18.7 %
• Reducing the cash economy and for increasing the tax net
• In financial year 2016-17, 85.51 Lakhs new taxpayers filed their returns of income as against 66.26 Lakhs
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• 25% corporate tax rate on companies with revenue up to Rs 250 crore.
50 crore earlier
99% companies benefited
• Long term capital gains over Rs 1 lakh to be taxed at 10%
• Short term capital tax remains at 15%
• Equity Oriented Mutual Funds will now face a dividend distribution tax of 10%
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