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Budget 2016: Jaitley focuses on rural economy

Rural jobs programme allocated Rs 38,500 cr; target of agriculture credit at Rs 9 lakh crore

Budget 2016

Reuters  |  New Delhi 

Finance Minister Arun Jaitley unveiled a budget for the poor on Monday, announcing new rural aid and health programmes in a strategy shift that could boost his ruling party in coming state elections. Presenting his third budget, Jaitley reiterated a forecast that it would grow by 7.6 percent in the fiscal year that is drawing to a close. But he said the government wanted to ensure that the benefits of growth were more widely shared among India's 1.3 billion people. Read our full coverage on Union Budget 2016 "We have a shared responsibility to spend prudently and ...

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First Published: Mon, February 29 2016. 12:09 IST