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UNION BUDGET 2016 COMMENTARY

  • 8:57 PM

    Arun Jaitley: Both centre and states must cooperate. This is a huge amount that we are doing. We are now as against the one time loan waiver of Rs 52,000 crores . This is Rs 75,000 crores in the first year itself. I'm sure it will expand in future years.

  • 8:53 PM

    Union Minister Arun Jaitley: What did the UPA do in their 10 years in power? A one-time loan waiver of 70,000 crores. Only 52,000 crores were waived off & CAG report was that out of that Rs 52000 crore a significant part of money went to traders and businessmen & not to farmers.

  • 8:53 PM

    Union Minister Arun Jaitley: Now look at what we've been doing. Rural roads - 91% completed, rural housing - 2022 everyone will have a roof, 98.7% people in rural areas now have sanitation, every willing home is having electricity, every man has switched over the cooking methods.

  • 8:50 PM

    “If 7.5% is real GDP growth and inflation is 3-4%, meaning that nominal growth is 11-12%, it would be absurdity to say that the there are no jobs”: Union Minister Arun Jaitley