Home ECONOMY Budget Highlights-2

Budget Highlights-2


* Recapitalization of banks during next fiscal

jaitley budget

* Prudent fiscal policy needed, domestic demand should be raised, reforms need to be carried out

* Farm, rural sector, infra and social sector to get more funds

* Need to prioritize expenditure given recommendations of 7th Pay Commission and OROP implementation

* Nine pillars for reforming India, among them agriculture, social sector, education, infra, fiscal discipline, tax reforms

* Presenting budget when global economy in a serious crisis (11:11)

* Amidst global headwinds, the Indian economy has held its own

* Converted challenges we inherited into oppoortunities

* CPI inflation down to 5.4 percent from 9 percent plus, bringing big relief to the public

* Forex reserves at highest-ever level