Budget 2018: ‘Agriculture, rural economy given high priority’, says FM Jaitley


Budget 2018: Prime Minister Narendra Modi government in the Centre on Thursday presented its last full Union Budget 2018-19 in the Parliament. Finance Minister Arun Jaitley unveiled a slew of measures for agriculture as well as the rural sector and announced a new health insurance scheme for the poor, but provided little relief to the middle class.

With this budget, Arun Jaitley has joined an elite group of finance ministers who have had the opportunity to present the Union Budget over five times. Yashwant Sinha, P. Chidambaram, and Pranab Mukherjee have all presented the budget five or more times in the Parliament.

All that happened today


    •  It is a defeatist budget. I think they have thrown in the towel. It is a budget of a government which has conceded that it has failed to address key issues in the economy… Unfortunately, the budget proposals are a big letdown: Congress leader and former finance minister P Chidambaram


    • The BJP-led government in Delhi is unfit to govern. It is a budget which is neither here, nor there. This budget is a big bluff. It is anti-people. I personally found it very disappointing: West Bengal chief minister Mamata Banerjee


    • This budget gives new wings to the aspirations of the poor, farmers and the middle class. The New India Budget will truly empower all sections of the society to attain prosperity: BJP chief Amit Shah


    • I had expected some financial assistance to important infrastructure projects for the national capital. Am disappointed that Centre continues its step-motherly treatment to Delhi: Delhi chief minister Arvind Kejriwal


    • 2 Rs excise on petrol and diesel is being reduced and this is being converted into cess, that is the only change we have made, practically there is no impact on the final price of petrol and diesel. To the consumers, there is no change: Hasmukh Adhia, Finance Secretary


    • Agriculture and rural economy have been given high priority in Budget 2018: FM Arun Jaitley


    • BJP chief Amit Shah said the Union Budget gives new wings to aspirations of the poor as he cited measures aimed at giving a boost to farmers, infrastructure, rural sector and small and medium enterprises.


    • Fiscal deficit estimate for 2017-18 raised to 3.5 pc of GDP as against 3.2 pc earlier; for FY19 deficit pegged at 3.3 pc as against 3 pc target: FM


    • Customs duty on mobile phones increased to 20% from 15%: FM Arun Jaitley


  • For senior citizens, exemption of interest income on bank deposits raised to Rs 50,000: Arun Jaitley





*News Searching By Abp*

Previous articleWest Bengal by-polls result: Trinamool retains Uluberia, snatches Noapara, BJP finishes second
Next articleDurban ODI: Du Plessis helps Proteas set 270-run target for India


Please enter your comment!
Please enter your name here