Advertisement

Main Points of Union Budget 2016-17

Social Sector

  • Rs 38500 crore for Mahatma Gandhi NREGA for 2016-17.
  • Swacch Bharat Abhiyan allocated 7 9500 crore.
  • Hub to support SC/ST entrpreneurs.
  • The government is launching a new initiative to provide cooking gas to BPL families with State support.
  • LPG connections to be provided under the name of women members of family : 7 2000 crore allocated for 5 years for BPL families.
  • Stand up India scheme- 2 projects per bank branch to benefit 2.5 lakh entrepreneurs.
  • Four schemes for animal welfare.

Healthcare

  • 2.2 lakh renal patients added every year in India. Basic dialysis equipment gets some relief.
  • A new health protection scheme for health cover upto Rs 1 lakh per family.
  • Senior citizens will get additional healthcare cover of Rs 30000 under the new scheme.
  • Pradhan Mantri Jan Aushadhi Yojana to be strengthened, 300 generic drug store to be opened.

Education Sector

  • Incresed allocation to Sarva Shlksha Abhiyan-bcllcr quality of education.
  • 10 public and 10 private educational institutions to be made world-class.
  • Digital repository for all school leaving certificates and diplomas.
  • Rs 1000 crore for higher education financing.
  • Rs 1700 crore for 1500 mult l-skill development centres
  • 62 new Navodaya Vldyalayas to provide quality education.

Skills and Job Creation

  • Scheme to get Rs 500 crore for promoting entrepreneurship among SC/ST.
  • Objective to skill 1 crore youth in the next 3 years under the PM Kaushal Vikas Yojana.
  • National Skill Development Mission has imparted training to 76 lakh youth. 1500 Multi-skill training institutes to be set-up.
  • 100 model career centers.
  • Model shops and establishments-bill to be circulated to States.
  • Entrepreneurship training to be provided across 300 schools,
  • 2200 colleges, 500 government ITIs and 50 vocational training centers through massive online courses.
  • The government to pay off 8.33% on behalf of all new employees enrolling to EPFO in first 3 years.
  • Deduction under Section-80JJAA of IT Art vailable to all assesses.

Investments and Infrastructure

  • Total outlay for infrastructure in Budget 2016 now stands at Rs 221246 crore.
  • Rs 27000 crore to be spent on roadways.
  • 65 eligible habitats to be connected via 2.23 lakh km of road. Current construction pace is 100 km/day.
  • 70 languishing projects covering 8300 km revived.
  • Record 10000 km of National Highways to be approved in 2016-17.
  • Opening up road transport by removing permits in passenger transport segment.
  • Revive 160 unserved and undcrscrved airports in partnership with State governments for regional connectivity,
  • Shops to be given option to remain open all seven days in a week across markets.
  • Rs 55000 crore for roads and highways. Total allocation for road construction, including PMGSY, -Rs 97000 crore.
  • New greenfield ports to be developed on East and West coasts.
Mansi Agarwal
Mansi Agarwal

Hey, I am Mansi Agarwal - owner of this site. I am basically from Lucknow. I did B.Tech and now working as a full time blogger. Blogging is my passion and my permanent job also. If you have any suggestion for the improvement of this site then feel free to tell me. You can connect with me on FB and Twitter for more updates.

Leave a Reply

Your email address will not be published. Required fields are marked *