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.
Budget 2018: Big boost of agricultural and rural economy Budget 2018: Big boost of agricultural and rural economy Rohan Takalkar / Thursday, February 1, 2018 / Article rating: 5.0 In the starting commentary finance ministry announced major relief for the farmers. The government increase in MSP of kharif crops by 1.5 times the cost of produce of the crops. It has earlier increased the MSP of rabi crops by similar percentage. This comes in line with the governments aim at doubling the farmers income by FY2022.
Capital Goods index gains the most, Sensex up by more than 200 points Capital Goods index gains the most, Sensex up by more than 200 points Tanay Loya / Thursday, February 1, 2018 / Article rating: 5.0 Even as Finance Minster Arun Jaitley confirms the good health of the Indian economy and that it may grow by more than 7 per cent in the coming years, the broader market gained on the Budget day.
Jaitley reiterates focus on economic growth Jaitley reiterates focus on economic growth Amir Shaikh / Thursday, February 1, 2018 / Article rating: 5.0 This budget is considered to be crucial for the government with the Loksabha elections scheduled in 2019. The major task for the government is to keep the general sentiment positive, while the nation goes to the polls.