The third full budget of the Modi government will be presented by Arun Jaitley in the Lok Sabha on 1 February. Photo: MintNew Delhi: Finance ministry on Wednesday said the drive to transform India will continue in budget 2017-18 to be unveiled by finance minister Arun Jaitley on 1 February. In a short video clip listing out the popular schemes announced in the previous budgets of the NDA government since 2014, it said the 2017-18 budget will focus on “development for all” based on “new thinking, new direction”. Doing away with a nearly century-old tradition, the government decided to merge railway budget with the general budget and the minister is expected to devote some part of his speech to proposals of the rail ministry. The video clip showed the popular initiatives announced in earlier budgets like soil health cards for farmers, Mudra yojana to boost informal sector and LPG connection to women below poverty line.

Source: Mint January 25, 2017 15:16 UTC