Union Budget should expand, essential sectors of the country needs support;Arun Jaitley
Union Budget should expand, essential sectors of the country needs support;Arun Jaitley
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New Delhi: Finance Minister Arun Jaitley assures bank to think “out of box”, adequate budget is required for support of various essential sectors of the country after demonetization. He resembles four main sectors which needs special attention from banks and governing body- Vegetable growers, Transport Industry, dairy sector and Plantations in South.

Banks officials demanded liquidity in banks, post-demonetization has decreased rate of deposits in banks which may be the cause for vulnerable situations of senior citizen. They should be given some of the exemptions from Income Tax department.

Scheduled funds for senior citizens and backward classes should be launched with Rs.200crore. Arun Jaitley asked banks to promote digital transactions and digitization of the farmer and other sectors is the main necessity.

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