In his Budget 2016 speech, he emphasised the nine pillars' that will push India's economy forward.
Finance Minister Arun Jaitley tables the Union Budget 2016
Finance Minister Arun Jaitley lauded India’s resilience to hold its ground while the “global economy is in serious crisis” as he presented the Union Budget in Parliament Monday.
In his Budget 2016 speech, he emphasised the ‘nine pillars’ that will push India’s economy forward.
The ‘nine pillars’ that he hopes will transform India are:
- Agriculture: He hopes farmers’ income will be doubled in the next five years.
- The social sector with special emphasis on healthcare.
- Rural sector.
- Education and educational skills.
- Special focus on infrastructure investment.
- Financial sector reforms to relieve stressed banks.
- Government reforms to make doing business easy.
- Proper management of government finances.
- Tax reforms.
( Source : Deccan Chronicle. )
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