Although I completed my school and college from English medium but my English is not so good or you can say that I don’t have confidence to write anything in my own words on any topic.
Finance Minister Mr Arun Jaitley, in his Budget for 2017-18, has put the money where the mouth is. Among different descriptions about the Rs 21.46 lakh crore Budget, the most apt came from a top global banker who said it was a piece of workmanship and business-like.
The 2017 Union Budget estimates for health show an appreciable increase of more than 27%, from Rs. 37061.55 cr in 2016-17, the budget estimate for 2017-18 has been increased to Rs. 47352.51 cr. Further the Government has prepared an action plan to eliminate Kala-Azar and Filariasis by 2017; to eliminate Leprosy by 2018, Measles by 2020 and to eliminate Tuberculosis by 2025.
The Union Finance Minister Arun Jaitley named agriculture as one of the 10 important sectors that were the focus of his budget for 2017-18. He backed it up with announcements of crucial measures towards raising farmers’ incomes including enhancing credit availability
To sum up, behind the success of all the initiatives, strategies, decisions and proposals of Ministry of Steel, one major contributing factor has been the continuous support from the partner Ministries. So these bonds of steel are underlying all Inter-Ministerial deliberations and outcomes. Let me go one step further and assert that Ministry of Steel is only a case in point, and I can say with confidence that this camaraderie, this partnership and this understanding is the hallmark of each Ministry under the Narendra Modi Government.
The 2017-18 budget can also be dubbed as a landmark budget from the point of view of property consumers. The budget taxes the affluent and rewards the honest tax payers by way of big personal income tax relief for the lower middle class by halving the tax on yearly income of 2.5- 5 lakh, besides raising IT limit to 3 lakh. Moreover, budget provisions discourage speculative buying by High Net-worth Individuals and on the contrary encourage genuine end- user buying of affordable homes.
