Home Articles Union Budget 2018: A Realistic Approach to boost Indian Economy

Union Budget 2018: A Realistic Approach to boost Indian Economy

On 1st February, 2018 Finance Minister Shri Arun Jaitley presented the union budget for 2018-19 with a new developmental framework with prime focuses on agrarian economy, rural development, social welfare, health, education and infrastructure development.

 In his budget for 2018-19, the Finance Minister announced couple of agri-centric measures, including to raise the minimum support prices (MSP) for crops, to at least 1.5 times that of the production cost, creation of a Fisheries and Aquaculture Infrastructure Development Fund and an Animal Husbandry Infrastructure Development Fund with a total corpus of Rs 10,000 crore, a Rs 2,000-crore Agri-Market Infrastructure Fund for developing nearly 22,000 rural Haats into Grameen Agricultural Markets and for upgrading the 585 existing Agriculture Produce Market Committees.

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *