Live: Union Budget 2015-16
Defence allocation for this fiscal is Rs 2,46,727 CroreNew Delhi: Presenting the Union Budget for the fiscal 2015-16, Finance Minister Arun Jaitley on Saturday said the state of the country's economy was better placed today
- Pradhan Mantri Suraksha Bima Yojana at Re 1 per month
- PPP model of infrastructure to be revitalized and realigned: FM
- National Infrastructure Fund will try to leverage infra companies; Tax free bonds for Roads, Railways & irrigation
- Tax free infrastructure bonds for projects in Railways and roads: FM
- Investment in infrastructure to go up by 70,000 crores in 2015-16 over 2014-15: FM
- I intend to establish a national investment and infrastructure fund: Finance Minister
- Propose the 'Nayi Manzil' scheme for the youth minorities: FM
- I propose a new scheme of providing physical aids for senior citizens living below poverty line: Jaitley
- Government is committed to bring a Universal social security system for all: FM
- To encourage participation, government will contribute 50 pc of beneficiary premium in its new accounts opened before 31st December 2015: Jaitley
- We will also launch the 'Atal pension yojana', which will provide a defined pension: Jaitley
- A large portion of population is without insurance of any kind, I propose to work towards universal social security system for all: Jaitley
- Government is committed to increase the access of people to formal financial system: Jaitley
- Just as we are banking the unbanked, we are funding the unfunded: FM