The Finance Minister Arun Jaitley has concluded his Union Budget 2017 speech in Parliament after which the Lok Sabha has been adjourned. It is the third budget of Prime Minister Narendra Modi Government.
Many announcements have been made by the Arun Jaitley in the Union Budget 2017 and below are some of it...
1. The agriculture sector is likely to increase at 4.6percent, as the target of agriculture expenditure set at Rs 10 lakh crore.
2. Funds to colleges will be given according to the rankings.
3. Safe drinking water to cover 28,000 arsenic and Fluoride-affected habitations in the next four years.
4. Total allocation for rural, agricultural and allied sectors for 2017-18 is Rs 187223 crore, which is 24% higher than last year.
5. In the Railway Budget, service charge on IRCTC e-tickets has been removed.
6. The target for the Fiscal Deficit for this year is 3.2%.
This time with the Union Budget, Railway Budget also got presented. In 93 years,for the first time the budget got presented on February 1.
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