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Five things to watch out for in Union Budget 2017

  • Union Budget 2017, Narendra Modi, Arun Jaitley, Union Finance Minister, RBI
    Prime Minister Narendra Modi addressing the media on the first day of Budget session

    Infrastructure push: The last year’s budgetary outlay of Rs2.21 trillion for infrastructure is expected to witness a substantial boost.

  • Union Budget 2017, Narendra Modi, Arun Jaitley, Union Finance Minister, RBI
    Given the abysmal safety record of the national carrier, it is expected that some announcement may be made towards allocation for a ...

    Railways: This will be for the first time in 92 years that a combined budget will be presented on 1 February after the merger of railway budget with the Union budget.

  • Union Budget 2017, Narendra Modi, Arun Jaitley, Union Finance Minister, RBI
    The heightened focus on infra sector and constant manufacturing push is aimed at creating more jobs.

    Job creation: Job creation has been a constant theme for the NDA government and this year too it is expected to see substantive play

  • Union Budget 2017, Narendra Modi, Arun Jaitley, Union Finance Minister, RBI
    Spending under MGNREGS, a safety net for the rural sector, is expected to touch a record of Rs58,000 crore in 2016-17.

    Social sector spending: The Union budget 2017-18 may enhance spending under the flagship Mahatma Gandhi National Rural Employment Guarantee Scheme

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