Budget highlights – 4

* Total allocation for rural, agricultural & allied sectors for 2017-18 is a record Rs 1,87,223 crore, up 24 per cent from last year

• Target for agricultural credit in 2017-18 has been fixed at a record Rs 10 lakh crore

• Coverage of Fasal Bima Yojana to go up from 30 per cent of cropped area, to 40 per cent in 2017-18, 50 per cent in 2018-19

• NABARD to set up dedicated micro-irrigation fund to be set to achieve Per Drop More Crop mission

• Corpus of NABARD's long-term irrigation fund raised to Rs 40,000 crore

• Mini soil-testing labs in Krishi Vigyan Kendras to ensure 100 per cent coverage

• Highest ever allocation to MGNREGA at Rs 48,000 crore

  *Merger of Railway Budget with Budget 2017 a historic step

• Transform, Energize and Clean India - #TECIndia - our agenda for the next year

• Advancement of budget will enable all ministries, departments to operationalize all schemes right from beginning of next fiscal

• Demonetisation aims to create a new normal, where the GDP would be bigger, cleaner and real

• Effects of demonetisation not expected to spill over to next year

• Firmly believe that GST, Demonetisation, built on JAM, will have an epoch-making impact on the lives of our people

• Demonetisation aims to create a new normal, where the GDP would be bigger, cleaner and real

• Recalls #MahatmaGandhi's words: A right cause never fails

• 3 challenges in current global scenario:Monetary stance of US FED Reserve, Commodity prices specially crude oil & retreat from globalisation

• We have moved from a discretionary administration to a policy-based administration

• Expectations included burning issues like inflation and price rise, issue of corruption & crony capitalism

• Our government was elected amidst huge expectations of people, the underlying theme of expectations being good governance

• Hope to resolve all issues regarding GST via consultations

• We are moving from informal to formal economy & the Government is now seen as a trusted custodian of public money

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)