Highlights of Union Budget 2017 PDF Download Highlights of Union Budget 2017 PDF Download
Highlights of Union Budget 2017 PDF Download       Friends, For various written competitive exams, interview and group discussions, knowing highlights of Union... Highlights of Union Budget 2017 PDF Download

Highlights of Union Budget 2017 PDF Download

 

 

 

Friends,

For various written competitive exams, interview and group discussions, knowing highlights of Union Budget is very essential

The Union Budget 2017-18 was presented by the Finance Minister Mr. Arun Jaitley on 1st February 2017.

 

The Budget 2017-18 contains three major reforms:

  • Advancing the presentation date of Union Budget to 1st This move will give sufficient time to departments to implement government schemes
  • The historic step of merging of the railway budget into the Union Budget. This move brings focus on a multi-modal approach for development of railways, highways and inland water transport
  • Done away with the plan and non plan classification of expenditure to give a holistic picture

 

 

Union Budget 2017 mentions three major challenges for emerging economies:

  • US Fed stance
  • Uncertainty over commodity prices especially oil prices
  • Signs of increasing retreat from globalization as protectionist fears build up

 

Agenda of Union Budget 2017:

“Transform, Energise and Clean India – TEC India”

 

Some Important Points from Budget 2017 Speech of Finance Minister:

  • India has emerged as bright spot in the worldeconomy
  • India is seen as engine of global growth; IMF sees India to grow fastest in major economies
  • 36 pc increase in FDI flow;forex reserves at USD 361 billion in January enough to cover 12 months needs 
  • Effects of demonetisation not expected to spill over to the next year
  • There will only be transient impact on economy due to demonetisation; long term benefit include higher GDP growth and tax revenue

 

 

Union Budget 2017 is based on following 10 Themes:

  1. Farmers
  2. Rural Population
  3. Youth
  4. Poor and Underprivileged
  5. Infrastructure
  6. Financial Sector
  7. Digital Economy
  8. Public Service
  9. Prudent Fiscal Management
  10. Tax Administration

 

Download PDF File of Highlights of Union Budget 2017

 

Also Read:

>>> Expected Questions on Union Budget 2017

>>> Highlights of Economic Survey 2017 PDF Download

>>> 1000+ Current Affairs Questions

>>> Current Affairs Monthly Capsule – PDF Download

>>> GK – Study Material & Quizzes

>>> Government Jobs – Latest Openings

 

Thank You

Team EntranceGeek