Showing posts with the label budget highlights

Budget India 2018 Highlights

  Budget India 2018 Highlights   The Budget India 2018 submitted today ( 01.02.2018 ) under the Prime Minister Narendra modi's National Democratic Alliance (NDA) Government by the Finance minister Arun Jaitley . This budget report is Arun Jaitley's fifth and last budget by this NDA party. Budget discussed and recommended mostly for the Agriculture, Business and Health care related. Government also said to helping the farmers for the high production and generating higher income. Govt. needs the farmers to earn on production cost by 1.5 times and for the Khariff crops, the minimum selling price (MSP) set at 1.5 times by the production price. So, the farmers can get a valuable profit and to avoid the middle men.     Funding for Agriculture market of Rs. 2000 crores and also to strengthen the Agri infrastructure with fund of Rs. 22,000 crores.   Credit Target for Agriculture upto Rs. 11 lakh crores and 100 % tax deduction to the farm co-operatives for the first 5 years.