Highlights of Union Budget 2015-16 (Part 3)

Finance Minister Arun Jaitley, who is presenting the Union Budget for fiscal 2015-16 in the Lok Sabha, proposed to create a national agriculture market to increase farmers' income.

The highlights of the Union Budget are as following:

Our commitment to farmers runs deep. An ambitious soil health card has been introduced to improve soil fertility.

To support agricultural sector, I propose to allocate 25,000 crore in 2015 to rural development fund.

To increase income of our farmers, we propose to create a national agriculture market.

Just as we are banking the unbanked, we are funding the unfunded.

The government is committed to utilize the vast postal network spread across villages of country.

Will bring a bankruptcy code in the year 2015-16 that will meet global standards and provide for judicial capacity.

The government proposes a Mudra Bank of corpus of 20,000 crores to refinance the MFIs.Will fund the unfunded.