Arun Jaitley Presents Annual Union Budget

  • Gayathri Mathivanan
  • |
  • February 29, 2016, 9:22 PM

Finance Minister Arun Jaitley presented annual budget in the Parliament, giving impulsion to farmers, rural areas, women and tax payers and several of Prime Minister Modi’s  schemes like Swachh Bharat Abhiyan and at the same time announced healthcare relief for senior citizens while making products like gold, tobacco more expensive. With an eye on supporting the small tax-payer and the small investor, the Minister announced a slew of schemes, and income tax exemptions.

Jaitley announces nine pillars to ‘transform India’: 

  1. Agriculture and farmer’s welfare
  2. Rural sector
  3. Social sector including healthcare
  4. Education skills and job creation
  5. Infrastructure improvement
  6. Financial sector reforms
  7. Ease of doing business
  8. Fiscal discipline
  9. Tax reforms

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