Jaitley has set an ambitious target of overhauling the social welfare schemes.
Jaitely said, “India today needs a boost for job creation and the manufacturing sector needs a push in this regard.”
Zee Research Group (ZRG) has listed various companies which are the likely beneficiaries of the budgetary announcements.
Arun Jaitley’s maiden budget aimed at overhauling the crumbling economy seems to have a strong political message too.
In his maiden budget speech, Jaitley said the government has also decided to set up 15 model rural health research centres in states for better health care facilities in rural India.
The 2 hours five minutes budget speech has broken many records in recent times by being the longest and having 44 pages.
Setting aside Rs 50 crore for development of indigenous cattle breeds, an equal amount was also set aside by him to start a “Blue Revolution” in inland fisheries.
Out of the 14 instances, Sensex has tumbled on eight different occasions.
Finance minister scaled down his own wishlist and proposed only Rs 50,000 relief for individual tax payers.
Minister’s home state not the flavour this rail budget season
Poll-bound states and NDA bastions find favour in rail budget
Rail minister Sadananda Gowda has announced an all-time high figure of Rs 65,445 crore for 2014-15 plan outlay.
If you believe the Railway budget presented by Sadanand Gowda was only a conventional exercise and had no new element, think again.
There are many stocks which have potential to double in next two to two and half years but it is very difficult to find stocks which has potential to go four times or five times.
The number of train accidents and safety of passengers were addressed by Railway Minister Sadananda Gowda on Tuesday with a slew of measures slated to be put into operation.