Union Budget 2018-19 | The Asian Age

Thursday, Apr 25, 2024 | Last Update : 02:12 PM IST

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Prime Minister Narendra Modi termed the Union Budget ‘development-friendly’ and said it would strengthen the vision of a ‘new India’. (Photo: PTI)

Budget 2018: Modi reaches out to poor to retain power

Modi had stormed to power with his reform agenda and promises to do away with social sector schemes like MNREGA.

02 Feb 2018 6:42 AM

There is a provision of essential items and equipment to enhance the capability of the women police force for training and holding camps for self-defence.

Budget 2018: Delhi Police gets Rs 7,000 cr to boost infrastructure

Besides, the Union government has also proposed to allocate Rs 700 crore for setting up an exhibition-cum-convention centre in Dwarka.

02 Feb 2018 6:36 AM

The budget has doubled the allocation for the food processing ministry and is about to roll out Operation Green aimed at boosting farmer-producer organisations, food logistics chains and bringing in professional management in this sector.

Budget 2018: Twin focus on farmers, MSME sector

The Prime Minister had set an ambitious target of doubling the Indian farmers’ income by 2022.

02 Feb 2018 6:34 AM

Finance Minister Arun Jaitley meets President Ram Nath Kovind at Rashtrapati Bhavan before presenting the Union Budget 2018-19 in the Parliament. (Photo: Twitter | ANI)

Budget 2018: Only healthy India can prosper, says Arun Jaitley

Jaitley said India cannot realise its demographic dividend without its citizens being healthy.

02 Feb 2018 6:27 AM

Farm reforms have been a crying need for decades and this Budget aims to tackle one of the biggest issues faced by farmers — the disconnect between cost and income.

Budget 2018: Focused gaze on social, academic front

The Budget has announced that minimum support pricing of crops will be linked to production costs and fixed it at 1.5 times the costs.

02 Feb 2018 6:14 AM

Finance Minister Arun Jaitley, on Thursday, tabled the Union Budget 2018 in the Parliament.

A good Budget with a socialist touch

Arun Jaitley’s mention of reducing hardships faced in realty was “positive”.

02 Feb 2018 6:08 AM

Arun Jaitley, Finance Minister of Narendra Modi-led NDA government presented the Union budget 2018-19 on Thursday. (Photo: PTI)

Budget 2018: What is in it for Information Technology?

Data management and block chain for public services is India’s need and opportunity.

02 Feb 2018 6:02 AM

The total expenditure planned on safety activities, including Rashtriya Rail Sanraksha Kosh (RRSK) is Rs 68,725 crore and Rs 73,065 crore. (Photo: PTI/Representational)

Budget 2018: Rs 73 crore allocated for railway safety this year

Finance minister Arun Jaitley announced in his budget speech that 600 stations are to be developed with world class facilities.

02 Feb 2018 5:52 AM

Budget 2018: Modi’s Bharat Budget eyes 2019 Lok Sabha elections

I am sure the New India which we aspire to create will emerge now, says Arun Jaitley.

02 Feb 2018 5:44 AM

Finance Minister Arun Jaitley, on Thursday, tabled the Union Budget 2018 in the Parliament. (Photo: ANI)

FM walks the talk, honestly and judiciously, but very diffidently

ore reassurance comes from the fiscal deficit target for 2018-19 set at 3.3 per cent of GDP.

02 Feb 2018 4:58 AM

Budget 2018-19: More sleight of hand

The government has announced that it will fund eight crore new stoves and cylinders on getting a gas connection.

02 Feb 2018 4:56 AM

Finally, rural India gets some attention

Jaitley’s real game-changer was the National Health Protection Scheme, covering 10 crore poor families or 50 crore people.

02 Feb 2018 4:53 AM

A tame exercise: Has govt run out of steam?

The Make in India, Start-Up India, Digital India and Skill India programmes seem to have fallen by the wayside.

02 Feb 2018 4:51 AM

Budget strikes the right note, it’s realistic & well-balanced

The Budget offers a bold agricultural and rural thrust to give a stimulus to equity and economic growth.

02 Feb 2018 4:50 AM

The government had announced last year that there would be disinvestment in Air India, but the extent of it is yet to be decided.

Budget 2018: Govt officially announces it intends to privatise Air India

The words “strategic privatisation” were used for Air India by finance minister Arun Jaitley in his Budget speech.

02 Feb 2018 2:21 AM

This is the first time that Arun Jaitley has failed to achieve a fiscal deficit target set in the Union Budget.

Fiscal deficit will overshoot to 3.5 per cent, says Arun Jaitley

The difference between total revenue and total expenditure of the government is termed fiscal deficit.

02 Feb 2018 2:15 AM

The government has not yet made any specific allocation for the scheme, at the current commercial rate of premium, this could cost the government up to Rs 1.5 lakh crore.

Budget 2018: Largest universal health cover sans allocation announced

The government has a Rashtriya Swastya Bima Yojana which provides a cover of Rs 30,000 per family.

02 Feb 2018 2:04 AM

Prime Minister Narendra Modi (Photo: PTI)

Budget will uplift Dalits, farmers, tribals, says PM Modi

The Prime Minister said that benefits mentioned in the budget must reach to the people and the sector they are aimed for.

02 Feb 2018 1:26 AM

Arun Jailtey also said the government will develop 10 tourist destinations to attract more visitors. (Photo: AFP | Representational)

Budget 2018: Rs 5.97 lakh crore boost to infra, 99 cities to ‘turn’ smart

For Indian Railways, Jaitley said the government has allocated capital expenditure of Rs 1,48,528 crore for 2018-19.

02 Feb 2018 1:05 AM

India’s digital push evident in Union Budget

Industry observers say it indicates the government’s political push towards making India a digital economy.

02 Feb 2018 12:55 AM

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Dilip Cherian