Budget 2018 being a balanced budget focuses on fiscal discipline as well as looks at strengthening the rural economy, infrastructure development and social needs. By hiking the agricultural credit target to Rs 11 lakh crore, Jaitley aims to increase farmer’s income by 1.5 times. He has also allocated mammoth budgetary support of Rs 5.97 lakh giving impetus to infrastructural development such as roads, railways, civil aviation and smart cities. The budget continues to provide impetus to the housing sector, which has been a key focus area of the government ever since they came to power. Budget 2018 has proposed several revolutionary steps to boost the quality of education across pre-nursery to higher education.
Source: The Telegraph February 01, 2018 22:41 UTC