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Govt to allocate Rs. 2,46,727 crores to defence sector

New Delhi, Feb 28 (ANI): Finance Minister Arun Jaitley, who is presenting the Union Budget for fiscal 2015-16 in the Lok Sabha said that the Prime Minister Narendra Modi-led government would allocate Rs. 2, 46, 727 crores in the defence sector. Jaitley said in his budget speech that the government is following a policy of transparency and quick decision-making in procurement to keep the defence forces prepared for any eventuality. Feb 28, 2015
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Union Ministers welcome General Budget

New Delhi, Feb 28 (ANI): Cabinet ministers reacted as Union Finance Minister Arun Jaitley concluded the General Budget for 2015-16 in the Lok Sabha on Saturday. Minister of State for Parliamentary Affairs Mukhtar Abbas Naqvi said that the budget will see long impending impacts. Environment Minister Prakash Javadekar said that it is a welcome budget as it has much in store for the common man. Railway Minister Suresh Prabhu said that Jaitley has given an appropriate budget keeping in mind the well-being of all citizens. Transport Minister Nitin Gadkari said that first time in history the budget has given emphasis on infrastructure. HRD Minister Smriti Irani said that the budget has given importance to education and girl child, which is appreciable. Meanwhile, Law Minister Ravi Shankar Prasad said that the budget is meant to be in support of the poor and underprivileged. Feb 28, 2015
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Union Budget proposes to work towards universal social security system, announces 'Atal pension yoja

New Delhi, Feb 28 (ANI): Union Finance Minister Arun Jaitley presented the General Budget for 2015-16 in the Lok Sabha on Saturday. Jaitley announced the Universal Social Security scheme for all. Under this scheme, Jaitley announced insurance coverage for accidents, health and life. Jaitley added that 'Atal Pension Yojana' scheme would be launched to provide a defined pension to the people. The government also proposed to launch PM Suraksha Bima Yojana which will increase the access to insurance. This scheme would be linked to Pradhan Mantri Jan Dhan Yojana. Feb 28, 2015
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Union Budget: Jaitley proposes to create national agriculture market to increase farmers' income

New Delhi, Feb 28 (ANI): Finance Minister Arun Jaitley, who is presenting the Union Budget for fiscal 2015-16 in the Lok Sabha, proposed to create a national agriculture market to increase farmers' income. Jaitley said that an ambitious soil health card has been introduced to improve soil fertility. He also proposed to allocate Rs. 25,000 crore in 2015 to rural development fund. Jaitley added that the budget ensures that it is banking the unbanked, and funding the unfunded. Feb 28, 2015
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General Budget 2015-16: Finance Minister says conquering inflation big achievement Part-2

New Delhi, Feb 28 (ANI): Union Finance Minister Arun Jaitley presented the General Budget for 2015-16 in Lok Sabha on Saturday. Jaitley said that one of the achievements of his government has been to conquer inflation. He also mentioned a few challenges to the economy of the country including decline in manufacturing and stress of agricultural incomes. He also said that subsidies are meant to help the poor so the government needs to cut subsidy leakage not subsidy themselves. Feb 28, 2015
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