• Focus on Agriculture and Rural Economy, Health, Infra, Senior Citizens.
  • State of art facility to be set up in 42 food parks for agri exports.
  • Setting up an agri market fund with a corpus of Rs.2,200 crore.
  • From Rs.10 lakh to 11 lakh crore credit for agricultural activities.
  • 47 projects under the 'Namami Gange' programme have been completed.
  • The Government will contribute 12% of the EPF of new employees for all sectors in next three years.
  • Airport capacity to be raised 5x to handle 1 billion trips.
  • Allocation to food processing doubled to Rs.1,400 crore from Rs.715 crore.
  • Target constructing 2 crore toilets in FY19.
  • 8 crore free gas connections to women under UJJWALA and 4 crore electricity connections to the poor under Saubhagya Yojana.
  • Education: Total Investment of Rs.1 lakh crore for RISE.
  • Allocate Rs.1,200 crore for specialised health wellness centres.
  • Rs.5 lakh/year per family for 10 crore families will be allocated.
  • Allocation of Rs.600 crore for nutritional support to all tuberculosis patients.
  • MSMEs sector gets Rs.3,794 crore in the form of capital support and interest subsidy.
  • Will soon be announcing measures to help deal with NPAs on SMEs, reiterating that MSMEs are extremely important for economy.
  • The government will contribute 12% of the EPF of new employees for all sectors in next three years.
  • Women contribution on EPF to be reduced to 8% for 1st 3 years.
  • Out of 100 smart cities 99 cities have been selected with an outlay Rs.2,04 lakh crore.
  • Tourist facilities to be upgraded at 210 important monuments.
  • Allocation to 'Digital India' doubled to Rs.373 crore.
  • Propose extra-budgetary expenditure of Rs.5,97 lakh crore on infrastructure.
  • PSU bank recapitalisation will allow banks Rs.5 lakh crore of additional lending in FY19.
  • Divestment of target Rs.80,000 crore for FY19.
  • Set up comprehensive gold policy; to revamp Gold Monetisation Scheme.
  • FY19 fiscal deficit target at 3.3% of GDP.
  • Aim to lower central govt debt to GDP ratio to 40%.
  • 99% MSMES to be taxed at 25%.
  • 100% tax deduction for companies with revenue of Rs.100 crore as farmer producers.
  • Standard deduction of Rs.40,000 for salaried taxpayers and no change in personal IT structure.
  • 10% long-term tax on equity gains above Rs.1 lakh.
  • 2 defence industrial production corridors to be set up.
  • Footwear and Leather industry to get benefits extended to apparel industry.
  • Corporate tax for companies up to Rs.250 crore revenue cut to 25%.


Source : Niveza India Pvt Ltd.