Budget Highlights 3

* From Rs 10 lakh crore to Rs 11 lakh crore credit for agricultural activities

* Fishery and Aquaculture Infrastructure Development Fund and Animal Husbandry Infrastructure Fund to be set up with corpus of Rs 10,000 crore

* Restructured National Bamboo Mission to be launched with allocation of Rs 1,290 crore to promote sector in a holistic manner

* Rs 500 crore for Operation Green

* Agri-Market Development Fund with a corpus of 2000 crore to be set up for developing agricultural markets

* 470 APMCs have been connected to #eNAM network, the rest to be connected by March 2018

 

* Minimum Support Price of all crops shall be increased to at least 1.5 times that of the production cost

* From ease of doing business, government has moved to ease of living for the poor and middle class

* Allocation in for Ministry of Food Processing is being doubled; specialised agro-processing and financial institutions to be promoted by the government

* India now a $2.5 trillion economy and firmly on path to achieve 8% plus growth soon

* Will focus on agriculture and rural economy, health, infra, senior citizens

* Hope to grow at 7.2 per cent-7.5 per cent in the second half of 2017-18

* Allocating natural resources in a more transparent manner, there is a premium on honesty now

* Government led by PM Modi has implemented a series of fundamental structural reforms

--IANS

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