Finance Minister Arun Jaitley will present the current NDA government's fifth and arguably his toughest Budget yet as he seeks to address agriculture distress, create jobs and boost growth while at the same time stick to fiscal prudence. Stay clued in to key Budget announcements that will impact businesses, markets and you dear readers.
1.5 lakh centres health care centres
FM now spells out initiatives to address health issues holistically. 1.5 lakh centres health care centres will bring health closer to every household. The centres will provide free essential drugs and diagnosis. Corpus will be roughly Rs 1,200 crore
1000cr for fisheries and aquaculture
FM proposes to extend Kisan credit card to fisheries & animal husbandry farmers and allocate Rs 10,000 cr for fisheries & aquaculture, animal husbandry funds.
42food parks for agri exports
Agri exports have the potential of USD 100 bn and therefore, state of the art facility will be set up in 42 food parks for agri exports, Jaitley says.
Agri fund corpus of Rs.2,000 set up: FM
Finance Minister Arun Jaitely has said that the government plans to set up an agricultural market fund with a corpus of Rs 2,000 cr. He says as he continues to list out the measures underway to uplift the agricultural sector in the country.
Government proposes to launch Operation Green for which a sum of Rs 500 crore will be allocated.
Food processing sector is growing at average 8% per annum. Allocation in this sector is being doubled from 750 cr last year to 1400 crore in 2018-19.