11:10 AM: “From favouritism to objectivity in decision making, an informal to a formal economy, inflation in double figures has been controlled, we have launched a massive war against black money. The government is now seen as a trusted custodian of public money. I express gratitude to people for their strong support. Our Government was elected amidst huge expectations of people, the underlying theme of expectations being good governance.”
11:14 AM: “Our focus will be on energising youth to reap benefits of growth and employment. Growth in a number of emerging economies is expected to recover in 2017.”
FII has increased from Rs 1.07 lakh crore to Rs 1.45 lakh crore. India has become the sixth largest manufacturing country in the world.
11:16 AM: International Monetary Fund estimates that the world GDP will grow by 3.1% in 2016 and 3.4% in 2017.
“We are aware we need to do more for our people, our agenda is to transform, energise and clean India, that is ‘tech India’”
11. 26 am: Agriculture is expected to grow at 4.1% courtesy better monsoons this year. The target for agricultural credit in 2017-18 is a whopping ten lakh crore rupees.
Fasal Bima Yojana – A dedicated fund worth Rs 5,000 crore to be set up for micro-irrigation under Nabard.
11. 45 am: 100% village electrification expected to achieve by May 1st, 2018.
Budget allocation for welfare of women and children under various ministries increased to Rs 1,84,632 Cr.
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