Finance Minister Arun Jaitley is presenting the Union Budget for fiscal 2015-16 in the Lok Sabha.
The highlights of the Union Budget are as following:
Estimated GDP is 7.4 percent.
We have to think in terms of a quantum jump
Roof for each family in India, to fulfil Housing by 2022 must build two crore houses in rural India, four crore in urban areas.
Providing medical facilities to each one of village and city is essential.
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Increase in agriculture productivity is essential for welfare for rural population. We should commit to increase irrigation area.
2/3 rd of our population is below 35, to ensure employment we have to aim to make India the manufacturing hub.
Challenges-Agricultural incomes are under stress, have to increase investment in infrastructure.
Challenges - manufacturing has declined from 18 percent to 17 percent of the GDP.
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