Union budget 2017 statments by Jagmohan Garg

Jagmohan Garg says the Budget 2017-18 broadly focussed on 10 themes.


The 2017 Union Budget, exhibited by Finance Minister Arun Jaitley on Wednesday, was extensively centered around 10 subjects — the cultivating division, the provincial populace, the young, poor people and underprivileged social insurance, foundation, the money related area for more grounded organizations, fast responsibility, open administrations, judicious monetary administration and expense organization for the legitimate.

Demonetisation: Bold and decisive measure that will lead to higher GDP growth.

Agriculture sector: A sum of Rs. 10 lakh crore is allocated as credit to farmers, with 60 days interest waiver.

Rural population: The government targets to bring 1 crore households out of poverty by 2019.

For youth: Focus will be on 3,479 educationally-backward blocks.

Infrastructure and railways: By 2019 all trains will have bio-toilets.

Rs. 64,000 crore allocated for highways.

Financial sector: Pradhan Mantri Mudra Yojana lending target fixed at Rs 2.44 lakh crore for 2017-18.

Easy online booking system for Army and other defence personnel.

Jagmohan Garg updates here: http://www.thehindu.com/business/budget/Highlights-of-Union-Budget-2017-18/article17127298.ece 


Opposition questions timing of Budget at all-party meet: Jagmohan Garg

Jagmohan Garg says opposition leaders said that the government was non-committal on the issue of the presentation of the Budget.


Opposition parties put on record their differences with the government on tabling the Union Budget on February 1, not just because of ongoing Assembly polls in 5 states but also because economic data for the third quarter will not be factored into the document.

At an all party meet called by the government, opposition leaders were united in questioning the timing of the Budget, even as Prime Minister Narendra Modi asked for Parliament to rise above party lines and come forward for discussion on various issues. “Parliament is a Mahapanchayat and I would request all parties to allow the House to run,” Mr Jagmohan Garg said, according to Parliamentary affairs minister Ananth Kumar.