Education sector in focus, more funding declared Education sector in focus, more funding declared Sanket Dewarkar / Thursday, February 1, 2018 / Article rating: No rating Our honorable FM has showed his focus in #budget2018 to improve the education sector with an aim to invest Rs 1 lakh crore for education sector in four years in order to emerge as the fastest growing nation over the next decade Indian youth should be kept into the focus.
Corporate Tax rate slashed to 25% ; small cap index flat to positive Corporate Tax rate slashed to 25% ; small cap index flat to positive Neerja Agarwal / Thursday, February 1, 2018 / Article rating: No rating Market was expecting the corporate tax rate to go down in the pre-election budget and benefit the companies. With focus on the budget for the MSME companies, finance minister gave big tax relief by slashing corporate tax rate to 25% from 30% earlier for FY18-19 for companies with revenue upto Rs.250cr.
Government allocates Rs. 1.48 lakh crores for Railways Government allocates Rs. 1.48 lakh crores for Railways Nidhi Jani / Thursday, February 1, 2018 / Article rating: 5.0 Finance Minister, Arun Jaitley announced a Capex of Rs. 1.48 lakh crores for FY19. Bangalore Metro, Mumbai locals and unmanned rail crossing get government attention.
Govt outlays Rs. 1 Lakh crore for educational infra Govt outlays Rs. 1 Lakh crore for educational infra Shashikant Singh / Thursday, February 1, 2018 / Article rating: No rating In a bid to give further impetus to Digital India, in the Union Budget 2018 government has increased its focus towards digitisation of education system and increase Digital intensity in the country.
Govt to spend Rs. 5.35 lakh crore under Bharatmala Govt to spend Rs. 5.35 lakh crore under Bharatmala Amir Shaikh / Thursday, February 1, 2018 / Article rating: 5.0 Government will be focusing on the improvement of road infrastructure for seamless connectivity to various part of India. Government is expected to spend around Rs. 5.35 lakh crore for building around 35,000 Km roads in first phase.
World's largest health care protection scheme initiated World's largest health care protection scheme initiated Apurva Joshi / Thursday, February 1, 2018 / Article rating: 4.5 For the healthcare sector, National Health Protection Scheme is launched to cover 10 crore poor and vulnerable families. This will benefit 50 crore beneficiaries.
Government allocates Rs.1200 crores for Specialized Wellness Centers Government allocates Rs.1200 crores for Specialized Wellness Centers Nikhil Desai / Thursday, February 1, 2018 / Article rating: 5.0 The Finance Minister announced a new healthcare policy, Ayushman Bharat Programme.
Insurance penetration to get emphasis; SBI life insurance and ICIC pru life insurance see action Insurance penetration to get emphasis; SBI life insurance and ICIC pru life insurance see action Neerja Agarwal / Thursday, February 1, 2018 / Article rating: 3.0 As India stands under penetrated in terms of insurance penetration and more so in the BPL category and rural India, Government is planning to utilise the PM Jan dhan yojana accounts to extent the micro insurance and pension scheme through these accounts. These measure are positive for the bank as it can lead to higher account openings and also more financial discipline of saving and insurance
Budget 2018: Government to speeden road development projects, Infra stocks in focus Budget 2018: Government to speeden road development projects, Infra stocks in focus Tanay Loya / Thursday, February 1, 2018 / Article rating: 1.0 Finance Minister, Arun Jaitley announced that the Pradhan Mantri Gram Sadak Yojana period would be reduced from 2022 to 2019, expediting the development of roads.
Aquaculture receives FM's attention, Avanti Feed, Waterbase soar Aquaculture receives FM's attention, Avanti Feed, Waterbase soar Amir Shaikh / Thursday, February 1, 2018 / Article rating: 5.0 The Finance Minister has announced a Rs. 10,000 crore allocation for fisheries, aquaculture and animal husbandry funds.