Union Budget 2016-17 : 9 Distinct Pillars..!

Union Budget 2016-17 :  9 Distinct Pillars..!

The most awaited event -- the Union Budget 2016-17 was announced in the Parliament today. According to the budget speech, the budget was built on a transformative agenda with nine distinct pillars, namely:

1. Agriculture and Farmers’ Welfare (with focus on doubling farmers’ income in five years);

   

2. Rural Sector (with emphasis on rural employment and infrastructure);

   

3. Social Sector including Healthcare ( to cover all under welfare and health services);

   

4. Education, Skills and Job Creation (to make India a knowledge based and productive society);

   

5. Infrastructure and Investment (to enhance efficiency and quality of life);

   

6. Financial Sector Reforms (to bring transparency and stability);

   

7. Governance and Ease of Doing Business (to enable the people to realise their full potential);

   

8. Fiscal Discipline (prudent management of Government finances and delivery of benefits to the needy); and

   

9.Tax Reforms (to reduce compliance burden with faith in the citizenry).

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