October 25, 2026 10:07 am (IST)
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Budget Highlights: Jaitley focuses on rural development
New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley on Monday presenting the Union Budget 2016 highlighted on several rural development schemes.
Some Highlights are:
Rs 2000 crore for rural households for LPG connections
Digital literacy in rural household to target crores of people
Govt targets 100 pc village electrification by May 2018
Allocation of Rs. 35,984 crore for farm sector
Rs 38,500 (highest ever) for MGNREGA
Rs 5000 crore for crop insurance schemes
Rs 60,000 crore for water resource management
Rs. 17000 crore allocated for irrigation schemes in 2017
Ensure that farmers can earn double in next five years
India's growth has risen to 7.6 % in 2015-16
Three schemes to address weaker sections
Current account deficit seen at 1.4% of GDP in 2016
Forex reserves are at highest level at $350 billion'
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