(LiveMint)
Finance minister Arun Jaitley is giving his budget speech in Lok Sabha. Here are the main highlights of his speech:
■ Govt to soon announce scheme to address the issue of Non-Performing Assets: Jaitley.
■ Target for loan disbursement under Mudra scheme set at Rs 3 lakh crore for next fiscal.
■ Mass formalisation of MSME sector is happening after demonetization and GST.
■ Govt to take additional measures to strengthen environment for venture capitalists and angel investors.
■ Employees PF Act to be amended to reduce contribution of women to 8% from 12% with no change in employer’s contribution, says FM.
