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Budget 2018 impact card

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    Piyush Goyal at India TV Budget Conclave

    • Rahul Gandhi ji is worried on losing his presidential position from Congress, which is why he is thankful that BJP will be in power for one more year.
    • We do not underestimate our opponents, but their statements do not affect the way we work.
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    Piyush Goyal at India TV Budget Conclave

    • Train collisions have to be avoided and a system has to be developed wherein the train drivers can talk to each other on their track details. We are looking at improving the tracks so that we can eliminate any risk of train accidents.
    • Other countries in the world today want to invest in India, this shows the economic graph of our country.
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    Piyush Goyal at India TV Budget Conclave

    • In my first meeting after resuming office, we discussed the safety of passengers, which has never been an agenda before. Modi govt is paying attention towards the safety of passengers and also reducing the time gap between the cities.
    • We are also discussing other problems being faced like unmanned crossings, replacement of railway tracks and so on.
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    Manish Tewari at India TV Budget Samvaad

    • Government must read the facts that say that demonetisation has troubled most of the people and has fractured the economy.
    • They have not provided as many job opportunities as they had talked of. They have provided cylinders to all, but I want to ask them why have they not cut down the prices of petrol, diesel and oil.
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    Sambit Patra at India TV Budget Samvaad

    • This is not a 'vote budget' but a 'soch budget' which aims at the development of India. No one believed that there would be GST, but we implemented it. No one believed that toilets will be constructed in rural areas, but Modi govt did that.
    • Modi govt came up with major economic reforms and has done away with corruption.
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    Asaduddin Owaisi at India TV Budget Samvaad

    • Minorities didn't find a mention in the budget, and then Modi government talks of Sabka Saath Sabka Vikaas.
    • They talk of helping 10 crore families, but will the budget allow them to do so.
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    Sushmita Dev at India TV Budget Conclave

    • Dignity of a woman is about many more things, other than the gas cylinders. We welcome it into our kitchens but it is not free. Also, privatisation of public health will not bring much benefits to the poor.
    • Along with 'beti bachao beti padhao', I would stand by bringing the women and daughters to the houses as well.
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    Meenakshi Lekhi at India TV Budget Conclave

    • There is a difference between talking about the problems being faced by women and implementing actions to overcome those. Modi ji brought those plans into actions, which is why people respect him as the Prime Minister of the country.
    • We have seen people struggling for kerosene and gas during Congress rule. Steps taken by govt to improve situation have to be commended.
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    Jay Panda at India TV Budget Conclave

    • The approach that the govt has adopted for the country is correct, but there are many more steps that could have been taken.
    • We still need to bring many more alternatives to generate employment. However, according to me health scheme that has been announced by the govt will work.
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    Pramod Tiwari at India TV Budget Conclave

    • I am reading incidences on a daily basis, wherein people are being turned away for the basic rights because of Aadhaar.
    • We recall the long speeches given by the BJP during 2014 & we still await fulfillment of those promises. We stood in long lines outside ATMs, issues like reduced job opportunities need attention.
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    Prakash Javadekar at India TV Budget Conclave

    • Eliminating black money and corruption was the biggest challenge and the govt has taken concrete steps for the same.
    • Working according to the needs of the people is the way a democracy prospers. This is a govt which listens to the people and works according to them.
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    Pramod Tiwari at India TV Budget Conclave

    • Prakash Javadekar ji would have totally gone against the budget if he was in the Opposition. At one point of time I felt that Jaitley ji read the manifesto instead of the budget yesterday
    • BJP had said in February 2015 that they will not implement Swaminathan Commission, but now they are in favour of that.
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    Prakash Javadekar at India TV Budget Conclave

    • Benefits announced by Jaitley ji for health and medical sector is going to change the face of India. People were troubled because of the huge medical bills and this will be sorted out now.
    • Education sector is developing under the Modi govt today and the students of our country will benefit from this.
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    Nitin Gadkari at India TV Budget Conclave

    • We are working on sea planes, that will reduce the time gap between cities. Apart from this, we are also coming up with cruise from Mumbai to Andaman and Nicobar Islands.
    • Public private investment is contributing towards fulfilling a lot of work in the country, no matter what the Budget be, says Nitin Gadkari
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    Nitin Gadkari at India TV Budget Conclave

    • It is our right to win an election when we are associated with a political party. We work hard for the people and this helps us emerge victorious.
    • There are always some actions and reactions against the Central govt of a country. No one is perfect and no one can claim perfection. I may also be wrong in many ways for many people.
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    Nitin Gadkari at India TV Budget Conclave

    • Human relationship is the biggest strength of politics. I have not come from Pakistan, I may have friends from the other party. We all work for the country so parties are not enemies.
    • We are constructing 14-lane roads and a number of connecting highways. Also working on more public transport and strive to let everyone travel in AC buses
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    Nitin Gadkari at India TV Budget Conclave

    • Finance Minister had laid stress on rising pollution concerns in Delhi-NCR. I and Bihar CM Nitish Kumar had also discussed about considering vehicles that run on bio-ethanol.
    • Finance Minister is considering almost all the problems being faced by the country, and yesterday's Budget presentation is a proof of this.
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    Nitin Gadkari at India TV Budget Conclave

    • There was injustice with a lot of sections of the society and I am happy that the Modi govt is doing everything possible for such people.
    • There are people who started talking against Budget even before its presentation, which is not right.
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    Baba Ramdev at India TV Conclave

    • Nitin Gadkari is really working hard for the country, opposition parties also will not deny this fact. Even Lalu Prasad Yadav would agree on this.
    • The govt is taking all steps to eliminate black money from India but there is still a lot to be done in this direction.
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    Baba Ramdev at India TV Conclave

    • I have myself done irrigation and it is true that the farmers of the country are not in a good state. But I appreciate the steps that the Modi govt has taken for the farmers and their development.
    • We are going to contribute approximately 80% profit of Patanjali towards education. Also, we will come up with a University for over 1 lakh students
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    Baba Ramdev at India TV Conclave

    • Not satisfied with Ayush Mantralaya, I do not want to speak much against anyone but there are some leaders who are just sitting there.
    • There is no profit in agriculture at this time. The farmers are only earning their daily wages. We need to think of the broader sections of agriculture to bring more profits to the farmers.
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    Baba Ramdev at India TV Conclave

    • People are troubled due to GST and that is a fact. People are still unaware of the technicalities related to GST, so I think the govt should take steps for awareness.
    • I am in favour of the fact that Modi ji should announce some budget benefits for the middle class and upper middle class.
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    Budget 2018: Baba Ramdev at India TV Conclave

    • Budget has been unbiased, in favour of the common man, especially the rural population.
    • Modi government is working for the welfare of the poor, farmers, weaker sections of society. We all are hopeful that his efforts in this direction will bring good results.
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    Union Budget 2018: What will be dearer

    • The hike excise duty on the following imported items will make them dearer: Specified parts/accessories of motor vehicles, motor cars, motor cycles; Cellular mobile phones; Cut and polished coloured gemstones, diamonds, imitation jewellery.
    • Vegetable and fruit juices like orange and cranberry; Perfumes and toilet waters; Sunscreen, suntan, manicure, pedicure preparations; pre-shave, shaving or after-shave preparations.
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    Union Budget 2018: What will be dearer

    • The hike excise duty on the following imported items will make them dearer: Silk Fabrics; Footwear; Wrist watches, smart watches/wearable devices
    • LCD/LED/OLED panels and other parts of LCD/LED/OLED TVs; Miscellaneous items like candles, tapers, kites, sunglasses, cigarette and other lighters, and refined edible vegetable oils.
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    Union Budget 2018: What will be cheaper

    • The tax cuts in Budget 2018 will make Raw cashew nuts, and elect capital goods and electronics like ball screws and linear motion guides cheaper.
    • Solar tempered glass or solar tempered glass used for manufacture of solar cells/panels/modules and Raw materials, parts or accessories for the manufacture of cochlear implants will also see cut in prices.
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    Union Budget 2018: A quick look

    • The govt has decided to take healthcare protection to a new aspirational level. Launching a flagship National Health Protection Scheme to cover 10 crore poor and vulnerable families, benefiting approximately 50 crore people.
    • Providing Rs 5 lakh per family per year for medical reimbursement, under National Health Protection Scheme. This will be world's largest health protection scheme.
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    Union Budget 2018: A quick look

    • Govt to launch Prime Minister's Research Fellow Scheme which will identify 1000 B.Tech students to do Ph.D at IITs etc.
    • By 2022, every block with more than 50 per cent ST population will have Ekalvya schools at par with Navodaya Vidyalayas
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    Union Budget 2018: A quick look

    • The govt has proposed the launch of a restructure national bamboo mission with Rs 1200 crore,10,000 crore has been allocated to fisheries and animal husbandry sector
    • Finance Minister proposed to raise institutional credit for agriculture to Rs 11 Lakh Crore for 2018-19.
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    Union Budget 2018: A quick look

    • Government plans to construct two crore more toilets under Swachh Bharat Mission
    • One government medical college to be ensured for every three parliamentary constituencies by upgrading 24 district-level colleges
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    Union Budget 2018: A quick look

    • 70 lakh formal jobs have been created this year. Government will contribute 12 per cent of the wages as EPF in all sectors for the next three years
    • Mass formalisation of MSME sector is happening after demonetisation and GST
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    Union Budget 2018: A quick look

    • Scheme for revitalising school infrastructure, with an allocation of Rs 1 lakh crore over four years. Called RISE - Revitalizing Infrastructure in School Education
    • Eight crore free gas connections to women under UJJWALA and 4 crore electricity connections to the poor under Saubhagya Yojana
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    Union Budget 2018: A quick look

    • India now a $2.5 trillion economy and firmly on path to achieve 8% plus growth soon
    • Budget 2018 focused on agriculture and rural economy, health, infra, senior citizens
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    Union Budget 2018: A quick look

    • Government to take all steps to eliminate use of cryptocurrencies which are being used to fund illegitimate transactions.
    • NITI Aayog will establish a National Programme to direct efforts in the area of Artificial Intelligence towards national development.
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    Union Budget 2018: A quick look

    • All trains to be progressively provided with Wi-Fi, CCTV and other state-of-the-art amenities.
    • Rs 1,48,528 crore capital expenditure for Indian Railways for 2018-19.
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    Union Budget 2018: A quick look

    • Five lakh Wi-Fi hotspots to be set up in rural areas to provide easy internet access
    • From ease of doing business, government has moved to ease of living for the poor and middle class
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    Union Budget 2018: A quick look

    • Rs 80,000 crore disinvestment target for 2018-19, target for 2017-18 has been exceeded and will reach Rs 1 lakh crore.
    • Government insurance companies to be merged into a single entity, and subsequently listed in the stock exchange, as part of the disinvestment programme.
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    Union Budget 2018: A quick look

    • National Logistics Portal as a single online window to link all stakeholders, to be developed by Department of Commerce
    • National Committee chaired by PM, including CMs, Gandhians and representatives from various walks of life for year-long commemoration of 150th birth anniversary of Mahatma Gandhi
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    Union Budget 2018: A quick look

    • Rs 1,48,528 crore capital expenditure for Indian Railways for 2018-19. 12,000 wagons, 5160 coaches and 700 locomotives being procured. There is significant achievements of physical targets by railways.
    • Road construction has scaled new heights, confident that 9000 km highway construction will be complete by 2017-18.
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    Union Budget 2018: A quick look

    • No change in Tax Slabs for salaried employees, standard deductions up to Rs 40,000; relief to senior citizens
    • Standard deduction of Rs 40,000 with respect to transport reimbursements.
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    Union Budget 2018: A quick look

    • For senior citizens, exemption of interest income annually earned from a deposit in banks and post offices to increase from Rs 10,000 to Rs 50,000.
    • For senior citizens, there will be no tax on income earned through the interest on tax deposits.
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    Union Budget 2018: A quick look

    • Electronic IT assessment will be rolled out across the country, leading to greater efficiency and transparency
    • Long-term capital gains exceeding Rs 1 lakh to be taxed at 10 per cent
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    Union Budget 2018: A quick look

    • Companies with turnover of upto Rs 250 crore to be taxed at 25 per cent
    • Government has identified 372 specific business reform actions to improve ease of doing business; Evaluation of performance under this programme to be based on user feedback
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    Union Budget 2018: A quick look

    • 100 per cent tax deduction for the first five years to companies registered as farmer producer companies with a turnover of Rs 100 crore and above
    • UDAN (Ude Desh ka Aam Naagrik) scheme will connect 56 unserved airports and 31 unserved helipads
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    Union Budget 2018: A quick look

    • Defence budget sees a 11.3 % hike. Pegged at Rs 3.05 lakh crore this year. Up from Rs 2.74 lakh crore last year (excluding pensions).
    • In last budget, the government had allocated Rs 2.74 lakh crore a mere hike of 6 per cent from previous year.
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    All you need to know about Union Budget

    • The Budget speech of the finance minister is usually divided in two parts.
    • Part A of budget deals with general economic survey, Part B relates to taxation proposals.
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    All you need to know about Union Budget

    • Word budget is derived from French bougette, which means a leather bag.
    • Indian budget is presented in Parliament on a date fixed by the President.

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