Highlights of Union Budget 2015-16 (Part 7)

Finance Minister Arun Jaitley, who is presenting the Union Budget for fiscal 2015-16 in the Lok Sabha, said the government is putting scam, scandal and corruption behind it and added the Parliament needs to look into a procurement law.

The highlights are as follows:

After success of visas on arrival in 43 countries, I propose to increase the countries covered under this scheme to 150.

We are putting scam, scandal and corruption behind us. Parliament needs to look into a procurement law and how it will shape.

Government proposes to bring in a regulatory reform law.

We intend to launch a national skills mission, which will consolidate skill initiatives spread over all Ministries.

Propose to set-up an IT based student financial aid system under the PM Vidya Laxmi scheme to ensure that no student misses out on higher education due to lack of fund.

I propose to set up All India Institute of Medical Sciences (AIIMS) in J-K, Punjab, Tamil Nadu, Himachal and Assam.

Keeping in view the need to augment medical services in Bihar, I propose to set up another AIIMS like institution in the state.

I propose to set up IIT in Karnataka and IIM in J-K and Andhra Pradesh.