(PTI)
The Key Benefits of the Union Budget 2019 are as follows:-
*75 pc of women beneficiaries under Mudra Yojana, 26 weeks’ maternity leave and Pradhan Mantri Matritva Yojana are all empowering women
*Out of 8 cr free LPG connections under Ujjwala, 6 cr connections to poor women have already been provided
*Ujjwala Yojana providing free cooking gas connection is a remarkable success story.
*More than 70 per cent of MUDRA yojana beneficiaries are women
*Gratuity limit increased from Rs 10 lakh to Rs 30 lakh
*High growth, formalisation of economy has resulted in increased EPFO membership by 2 cr in last two years
*Farmers affected by severe natural calamity will get 2 pc interest subvention on all rescheduled crop loans and additional 3 per cent on timely repayment
*High growth and formalisation of economy has led to rise in EPFO membership by 2 cr in last two years
*Farmers hit by natural calamities to get 2 per cent interest subvention; 3 per cent more on timely repayment of loans
*2 pc interest subvention to farmers involved in animal husbandry and fishery
*Govt to provide Rs 750 crore in FY to support animal husbandry and fishing
*There is need for structured income support for poor, landless farmers to meet input cost
*Govt to implement special strategy for uplift of nomadic tribes
*Govt has fixed MSP for 22 notified crops at 50 per cent higher than cost of production
*Pension scheme for unorganised sector workers to be implemented from this fiscal
*Cheaper drugs being provided through Jan Aushadi stores: FM
*AIIMs established or operating in country, of which 14 sanctioned since 2014. Another to be set up in Haryana
*10 lakh patients have been treated so far under Ayushman Bharat scheme, world’s largest health care programme
*Use of LED bulbs saved power bill of about Rs 50,000 crore, says FM
*As many as 1.53 crore houses constructed during 2014-18 under Pradhan Mantri Awaas Yojana
*143 crore LED bulbs were made available for lower and middle class families
*Farmers to be provided Rs 6,000 per year in three instalments, to be fully funded by the central government
*We plan to provide urban facilities in rural areas while preserving ‘soul of village’, says FM
*Construction of rural roads tripled under Pradhan Mantri Gram Sadak Yojana: FM
*2.5 cr families were without electricity in 2014; we have provided power to almost all families: FM
*Govt spent Rs 1.7 lakh crore to supply food grains at cheaper price to poor in 2018-19 as against Rs 92,000 crore in 2013-14
*Allocation to MNREGA hiked to Rs 60,000 crore for 2019-20
*Govt announces the Pradhan Mantri Samman Nidhi for small and marginal farmers; farmers to get Rs 6,000 per year
*Govt has provided 10 per cent reservation for economically weaker section; job quota to provide 2 lakh seats in educational institutes
*We have worked to bridge the urban-rural divide
*About 5.4 lakh villages made open defecation-free
*Poor have the first right over nation’s resources
*I hope other banks too would soon come out of PCA framework
*Realty Law RERA has helped in bringing transparency in real estate sector
*India has achieved over 98 per cent rural sanitation coverage: FM
*We have run a corruption-free government
*Insolvency and Bankruptcy Code helping in recovery of non-performing loans. Even big businessmen are now worried about loans: FM
*BoI, OBC and Bank of Maharashtra have been removed from the PCA framework of RBI
*3 lakh crore recovered from big corporate loan defaulters: FM
*Our govt had the guts to ask RBI to look at bad loans and present correct picture to nation: FM
*We have stopped culture of phone banking, says FM referring to allegations of rampant loans over phone during UPA regime.
*We have liberalised FDI allowing more investment through automatic route
*We have undertaken path-breaking structural reforms by introducing GST and other reforms
*Fiscal deficit will be 3.4 per cent of GDP; Current Account Deficit to be 2.5 per cent of GDP
*Current Account Deficit likely to be 2.5 pc of GDP this year
