Finance Minister Smt. Nirmala Sitharaman declared reliefs to tax payers by increasing the tax exemption level to 12 lakhs.Major Outcomes of India Union Budget
- Budget focused on 10 areas.
- Considered next 5 years a time of opportunities.
- Complete poverty alleviation as main aim.
- PM Dhandhyana Yojana will be extended.
- Declared Special package for cotton farmers.
- Kisan loan limit enhanced to Rs 5 lakh.
- Special importance to rural areas.
- Special scheme for fish workers.
- Importance will be given to small and medium-sized sectors.
- 27 more schemes included in the Startup category.
- Makhana Board for Bihar State
- 22 lakh job opportunities in the footwear manufacturing sector.
- Declared Special scheme for food culture.Declared Special scheme for Anganwadis.
- Promotion of Made in India tag.
- Provision of Nutrition scheme for mothers and children
- Support for tribal women’s initiatives.
- Promotion of local Kalipatta(toys) sector.
- Seats in government medical colleges Will be increased.
- One and a half lakh crores to states.
- Private participation in the nuclear sector.
- Six-year plan to achieve self-reliance in the agricultural sector.
- Internet facility in higher secondary schools.
- Prime Minister's Svanidhi Sahayya Scheme for roadside vendors.
- Daycare cancer centers.
- 75,000 seats to be added in government medical colleges within five years.
- 36 lifeguards exempted from customs duty.
- 10,000 PM research scholarships for next year.
- 100 percent foreign investment in insurance sector Investment.
- Electric vehicles and mobile phones will be cheaper