Key takeaways from Budget 2016
Union finance minister Arun Jaitley, presented his third Budget in the Lok Sabha, on February 29, and listed nine pillars that will transform India.
Unveiling the Budget, Jaitley said the pillars were tax reforms, ensuring fiscal discipline, infrastructure investment, promoting ease of doing business, agriculture, rural sector, social sector, education and job creation.
Here are the key takeaways from Budget 2016:
#VikasKaBudget Rupee comes and goes to pic.twitter.com/UypumCTZrw
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudget #Budget2016 @FinMinIndia @arunjaitley Boost to @makeinindia pic.twitter.com/BWjPuKZ40I
— MIB India (@MIB_India) February 29, 2016
#VikasKaBudget Central Plan Outlay pic.twitter.com/KozckclRG2
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudget Budget at a glance : Key figures pic.twitter.com/YycROLlJFd
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudget Strengthening the financial sector pic.twitter.com/KXetOyuZHy
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudget New law for targeted delivery of financial & subsidies etc. using Aadhar framework will be enacted pic.twitter.com/kOJDScuqks
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudget Massive increase in public spending on infrastructure;an increase of 22.5% over the previous year pic.twitter.com/5A5GbE6995
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudget Free LPG connections will be provided in the name of woman member of a family to 1.5 cr BPL households in 2016-17 .
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudget New Health Protection scheme to provide health cover up to Rs.1 lakh per family & additional Rs. 30,000 for senior citizen
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudget Irrigation is crucial for agri production.We need to give our farmers a sense of "income security'. pic.twitter.com/L6AU4W7eeB
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudget Total allocation for Agri, Farmers’ welfare &Irrigation nearly twice the allocation of the prev year. pic.twitter.com/R1ykI15dI6
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudegt Govt is firm on its course towards fiscal consolidation.3.5% fiscal deficit is targeted for FY 2017. pic.twitter.com/CQahl08o57
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudget Better Skills, More Opportunities, More Jobs pic.twitter.com/IlAhTjO1ER
— Ministry of Finance (@FinMinIndia) February 29, 2016
Allocation for Pradhan Mantri Awas Yojana: Rs. 20,075 crores: FM @arunjaitley #VikasKaBudget
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudget Moving Towards a Simplified Tax Regime pic.twitter.com/1wFNm5bu8q
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudget Protecting and Empowering the Vulnerable. pic.twitter.com/SphqFHCJ1l
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudget Enhancing Efficiency and Quality of Life. pic.twitter.com/33Dfqaxiq6
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudget Enhancing Efficiency and Quality of Life pic.twitter.com/pii4DA7j0X
— Ministry of Finance (@FinMinIndia) February 29, 2016
FM @arunjaitley : 1.5 crore BPL households to get cooking gas connections in 2016/17 - target of 5 crore BPL households #VikasKaBudget
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudget Boosting Growth while Ensuring Fiscal Prudence pic.twitter.com/Oigdst74yN
— Ministry of Finance (@FinMinIndia) February 29, 2016
FM @arunjaitley - National Digital Literacy Mission and Digital Saksharta Abhiyan schemes to increase digital literacy. #VikasKaBudget
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudget Building Trust, Improving Predicatbility pic.twitter.com/FOb8DeKmbE
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudget Building Trust ,Improving Predictability pic.twitter.com/DfuKWBrIdL
— Ministry of Finance (@FinMinIndia) February 29, 2016
FM: Three initiative to give benefit of MSP reaches farmers: Decentralised procurement, online procurement and efficient pulses procurement.
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudget Unprecedented Focus on Quality Education pic.twitter.com/mleGBAYINT
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudget Minimum Government Maximum Governance pic.twitter.com/lRbXDl688D
— Ministry of Finance (@FinMinIndia) February 29, 2016
Check out the nine pillars of #VikasKaBudget, for transforming India#Budget2016 pic.twitter.com/71BoaMgbK8
— PIB India (@PIB_India) February 29, 2016
#VikasKaBudget Transforming villages to transform Lives pic.twitter.com/iMEFvAGExG
— Ministry of Finance (@FinMinIndia) February 29, 2016
FM:This budget outlines the agenda of our govt. to transform India for the benefit of the farmers the poor and the vulnerable #VikasKaBudget
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudget From "Food Security" to "Income Security"@arunjaitley @PMOIndia pic.twitter.com/FQiduIGKsG
— Ministry of Finance (@FinMinIndia) February 29, 2016
28.5 lakh hectares to be brought under irrigation: FM @arunjaitley #VikasKaBudget
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudget FM: India stood as a bright spot amidst a slowing global economy. pic.twitter.com/sRFQ6QYO15
— Ministry of Finance (@FinMinIndia) February 29, 2016
#VikasKaBudget #Budget2016 @FinMinIndia @arunjaitley Simplification & Rationalization of Taxation pic.twitter.com/rGlbT6bpZN
— MIB India (@MIB_India) February 29, 2016
14 crore farmers to be brought under soil health card scheme by March, 2017 #VikasKaBudget : FM @arunjaitley
— Ministry of Finance (@FinMinIndia) February 29, 2016
Scope of e-assessment to be expanded to 7 mega cities, to simplify compliance for taxpayers: FM #VikasKaBudget #Budget2016
— PIB India (@PIB_India) February 29, 2016
Scope of e-assessment to be expanded to 7 mega cities, to simplify compliance for taxpayers: FM #VikasKaBudget #Budget2016
— PIB India (@PIB_India) February 29, 2016