Indian Union Budget 2015 Highlights


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The government’s promise to the principle of “Minimum Government Maximum Governance” is ought to be the priority of Arun Jaitley’s interim Budget 2015.

Foreign Direct Investment – The govt of NDA concentrated its aim to encourage Foreign Direct Investment aka FDI in sectors that supports the wider interest of the economy.
Insurance – There could be rise in composite cap in the field of Insurance up to 49 % from the present level of 26 %.
Swatchh Bharat Abhiyan: With the aim of reaching each household by complete sanitation by the year 2019 launching the Swatchh Bharat Abhiyan.
Pension scheme- NDA govt. in its final term in office had launched the Varishtha Pension Bima Yojana VPBY as a pension scheme for sr citizens. The govt revived the scheme for minimum limited period between 15.8.14 and 14.8.15 for the benefit of citizens aged sixty years and above.
Women safety will be spent for Rs 50 crores allotted to its Ministry of Road Transport & Highways on pilot testing a scheme on “Safety for Women on Public Road Transport”.
Education – Introducing the Beti Bachao, Beti Padhao Yojana to support in producing awareness and also support for women, sum of Rs one hundred crore assigned for the same.
Digital India which means launching of a pan India programme “Digital India” to concentrate on the need to gap the divide between digital “haves” & “have-nots”.
Housing – To endeavour to have home for all by the year 2022, an comprehension of additional tax incentive on housing loans to motivate people, particularly to the young, to own houses.
Agriculture – The budget focussed on the emergency need to step up investment in agro-technology development & creation and modernization of prevailingagri-business infrastructure.