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  • Budget Estimates of Expenditure: Rs 17 .77 lakh cr of which Non Plan is Rs 13.12 lakh cr, and Plan is Rs 4.65 lakh crores
  • Stable tax policy is aim
  • Centre for Film Production in North East
  • Exclusive Commercial Division to attend commercial disputes at various High courts
  • Defence budget enhanced to Rs 2,46,727 crore
  • Policy of Make in India in Defence not only to cater our needs but also for export
  • ISM Dhanbad will be upgraded to full IIT
  • Renewable energy target will be increased to 1,75,000 MW
  • Poor students get fund aid through PM scheme
  • Rs 15,000 crore scheme to skill rural India
  • Special Assistance to Bihar and West Bengal
  • Public contracts resolution bill to be introduced
  • Public procurement law to be introduced
  • Section 6 of FEMA to be amended
  • IIIT in Karnataka, IIMs in J&K and Andhra Pradesh
  • AIIMS to be set up in J&K, Punjab, Tamil Nadu, Himachal Pradesh and Assam
  • Committee to be set up to plan the celebration of the 100th birth anniversary of Deen Dayal Upadhyaya
  • To launch National Skills Mission to boost jobs
  • Regulatory reform law for infrastructure development
  • Rupay Debit Cards to be incentivised, to move towards paperless transactions
  • Environment friendly development process only
  • Corpus for maintenance of Global Heritage Sites at Goa, Gujarat, J&K, Mumbai, Punjab and Telangana
  • Another Rs 1,000 crores for Nirbhaya Fund
  • Govt to do away with distinctions between FII and FDI and replace it with Composite Caps
  • Visa on arrival for 150 countries in phases
  • EPF & ESI has hostage rather than client; ESI should be made optional to employees
  • Govt to introduce Gold Monetization Scheme, Sovereign Gold Bonds
  • Foreign investment in alternate investment funds
  • Indian Gold Coin with Ashok Chakra
  • Employee's contribution to EPF should be optional
  • To put in place bankruptcy code soon
  • FMC to be strengthened by merging with SEBI
  • Deepening of bond market to complement our world class equity; Public Debt Management agency towards this end
  • Internationally competitive Direct Tax regime to be put in place
  • Highest ever allocation for MGNREGA, by increasing it this year by 5,000 crore rupees
  • 5 Ultra Mega power projects of 4000 MW announced
  • PM farm plans get Rs 3,000 crore extra allocation
  • NBFCs with size of Rs 500 cr and above to get parity in recoveries
  • Plan an expert committee for Drafting Legislation for Regulatory mechanism
  • Ports in public sector will be encouraged to corporatize & become companies under Companies Act
  • PPP model has to be revised and revitalized
  • Expert committee to examine need for multiple prior clearances for projects
  • Initial sum of Rs 150 Cr to create world class IT hub to take advantage of our competitiveness
  • MNREGA To get enhanced allocation of Rs 5000 cr
  • Atal Innovation Mission to foster culture of research among India's and global brain
  • Capex for state PSUs to be Rs 3.17 lakh crore
  • Outlay upped by 24,000 cr for rail, road
  • Lending priority to be given to SC, ST in Mudra bank
  • Rs 30,000 crore allocation for SC welfare schemes
  • Atal Pension Yojana to provide defined pension according to contribution; 50% contribution to be from Govt
  • PM Surakhsha Bhima Yojana to increase the access to insurance; it will be linked with Jan Dhan Yojana
  • Tax free Infrastructure bonds for projects in railways and roads
  • Investment in Infrastructure to go up by Rs 70,000 crores in 2015-16 over 2014-15
  • Senior citizens welfare fund to subsidise the premium for elderly people
  • Exhibition of Parsi culture
  • New scheme called Nayi Manzil to enable Minority youth without school-leaving certificates to get the employment
  • Divestment in loss making unites
  • Universal Social Security for all indians
  • To launch PM Suraksha Bhima Yojana, offering coverage of 2 lakh rupees for just premium of Rs 12 (Rs 1 per month)
  • To utilize vast postal network for increasing access to institutional banking
  • MUDRA bank to refinance micro finance institution under PMs MUDRA scheme
  • Senior citizens welfare fund to subsidise the premium for elderly people
  • Atal Pension Yojna announced
  • GST to be in place by April 01, 2016
  • New scheme for physical aid and assisted
  • Committed to bring a Universal social security system for all
  • Committed to increase the access of people to formal financial system
  • To bring a Comprehensive Bankruptcy code for the ease of doing business by 2015-16
  • Proposes a Mudra Bank of corpus of Rs 20,000 crores to refinance the MFIs
  • Micro irrigation to get Rs 5300 crore
  • We need a well targeted system of subsidies rather than to cut subsidies
  • Forex reserves at $340 bn
  • Manufacturing Hub through Make in India program
  • National agri market to increase income of farmers
  • Agri credit target in 2015-16 increased to 8.5 lakh cr
  • To continue with MNREGA
  • Electrification of villages by 2020
  • Rural Infrastructure Development Fund to be at Rs 25000 Cr
  • LPG direct transfer subsidy to be expanded
  • Need well targeted system to rationalise subsidies
  • Well-targeted system of Subsidy delivery, cutting down of leakage
  • Target of 3% in Fiscal Deficit 2017-18
  • Target of 3.5% in Fiscal Deficit 2016-17
  • Target of 3.9% in Fiscal Deficit 2015-16
  • Roadmap to achieve Fiscal Deficit of 3% of GDP in three years
  • States to get 62% of the total resources
  • Latest CPI 5.1% WPI negative
  • Tax buoyancy is lower but still we will meet the promise of Fiscal deficit of 4.1% of GDP this year
  • Will finish the journey to 3% fiscal deficit in two years
  • Fourth challenge - need for fiscal discipline
  • Third challenge - decline in share of manufacturing
  • Second challenge - attracting investment
  • First challenge - agricultural incomes falling
  • Key challenges:
  • A roof for each family in India by 2022 - 75th Year of India's Independence
  • Rural and urban divide to be removed
  • Education, skilling our youth to be our focus
  • To sanction 1 lakh km of new roads
  • To upgrade 80,000 secondary schools
  • GST will put in place a state of art taxation system
  • Expect CPI inflation to remain close to 5% by end of the year
  • Move to amend RBI act and provide monetary policy committee
  • The latest CPI inflation is 5.1 %
  • Real GDP is likely to grow 7.4%; fastest growth in the world
  • Double digit growth possible
  • Two game changing reforms: GST and JAM Trinity (Jandhan, AADHAR, Mobile No.)
  • Our objective is to keep inflation below 6%
  • Our achievement is to conquer inflation; will be only five percent by end of year
  • We need to think of quantum jump
  • Three achievements: PMJDY, transparent auctions & Swachh Bharat
  • We are round the clock, round the year Government
  • 50 lakh toilets already built in 2014-15, aim to build 6 cr
  • Objective is to improve quality of life and to pass benefits to common man
  • Jan Dhan Yojana a success
  • Opportunities have arisen because we have created them
  • States have been empowered financially
  • India fastest growing among major economies
  • India’s stock market the second best performing among major economies
  • Economic Environment far more positive
  • Inherited sentiment of doom and gloom
  • Roadmap for accelerating growth and enahncing investment
  • India growing when world over economies are struggling
  • World is predicting it is India’s chance to fly