NEW DELHI: Indian Finance Minister Arun Jaitley unveiled a budget for the poor on Monday, announcing new rural aid and health programmes in a strategy shift that could boost his ruling party in coming state elections.
Here are the highlights of Jaitley's budget for the fiscal year that begins on April 1.
RURAL ECONOMY
- Rural jobs programme allocated 385 billion rupees ($5.61 billion) in 2016/17
- Farmer welfare budget in 2016/17 to total 359.84 billion rupees
- Rural road development to get 190 billion rupees in 2016/17
- Target of agriculture credit at 9 trillion rupees in 2016/17
- Interest subvention towards farm loans in 2016/17 at 150 billion rupees
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