Agriculture
* The government's emphasis will be on generating higher incomes for farmers, by helping them produce more with lesser cost, and in turn, earn higher income for their produce.
* Jaitley stressed on the fact that India's agricultural production is at a record high level today. 275 million tonne foodgrains and 300 million tonne fruits and vegetable have been produced in the country.
* The FM said the government wants farmers to earn 1.5 times the production cost, and the Minimum Selling Price (MSP) for the Kharif Crops has been set at 1.5 times the produce price. Jaitley said the Centre will work with states to ensure that all farmer get a fair price.
* Agricultural market and infra fund of Rs 2000 crore fund will be set up to strengthen the market connectivity.
* A sum of Rs 500 cr will be allocated for Operation Green to be launched. It will promote agricultural products.
* Extend the facility of Kisan credit card to fisheries and for animal husbandry
* Rs 10,000 crore set aside for Fisheries and Aquaculture Development Fund
* Rs 10,000 crore set aside for animal husbandry infra fund
* Propose to launch a restructured bamboo mission with a fund of Rs 1200 crore . "Bamboo is green gold," Jaitley said.
* Agricultural credit target increased from Rs 8.5 lakh crore to Rs 11 lakh core
* Special scheme to manage crop reduce in Haryana, Punjab and Delhi to reduce pollution
Petroleum/ Diesel Sector
* Excise on unbranded diesel cut by 2 rupees to 6.33 rupee/ltr
* Excise on unbranded petrol cut by 2 rupees to 4.48 rupee/ltr
Hello, my name is Ravi Prajapati. I'm a 21 year old.
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