India unveils healthcare for 500 million of its poorest

India unveils healthcare for 500 million of its poorest

India unveils healthcare for 500 million of its poorest

Coming over to the imposition of cess on fuel, and the prices being kept the same, the principle here is in line with many nations, whereby India, being the world's second largest democracy, is catering to various social relief initiatives which need a collective approach, where the people need to contribute to the State.

There was no direct reference to hike in prices of luxury cars in the union budget for 2018; the government has increased the customs duty on luxury items.

A flagship National Health Protection Scheme to cover 10 crore poor and vulnerable families in the country, or about 50 crore beneficiaries, with a cover of Rs 5 lakh per family per year for secondary and tertiary care hospitalisation is also a welcome move.

The Budget has announced that minimum support pricing (MSP) of crops will be linked to production costs and fixed it at 1.5 times the costs. Now, I am feeling very happy the government has chose to announce to make the MSP for all notified crops in the upcoming kharif season at least 1.5 times of the input cost. He said NITI Aayoog will coordinate with states so that farmers can get proper amount.

The theme of "har khet ko pani" (water for every field) was highlighted in the budget but only Rs 2600 crore has been provided for implementation of the Pradhan Mantri Sinchai Yojna.

He put revised expenditure for 2017-18 at Rs 21.57 lakh crore and projected Rs 24.42 lakh crore expenditure in 2018-19.

Customs duty on mobile phones up from 15% to 20%

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Time's up, make a choice - European Union warns Brexit Britain
But Mr Jenkin urged the prime minister and ensure, among other things, Britain leaves the single market and customs union . Most importantly, they'll want to know what will replace the customs union and how they can safeguard their organizations.

"The corporate tax provision announced by Finance Minister Jaitley touches only 1.8 per cent of the industries", Raju said. "This will boost jobs in the smartphone sector in India", Jaitley said during his Union Budget speech.

Similarly, allocation for the ministry of food processing has been doubled from Rs715 crore in 2017-18 to Rs1,400 crore in 2018-19.

Lower tax rate of 25 percent to companies with a reported turnover up to Rs 250 crore. "It will also transform nearly the entire network into broad gauge", Jaitley said.

Seeking to allay the concerns about the funding of the scheme, Health Minister J P Nadda today said finances would not be a problem and added that the Centre was working out the nitty-gritties of the programme.

Finance minister Arun Jaitley has said that he is anxious about rising protectionism in the United States because of the possibility of other countries following suit, he said in an exclusive interview to News18 Network. Eight states also go to the polls in 2018.

Leaving the individual taxation slabs and rates untouched, Jaitley in his last full budget before the 2019 elections proposed to reintroduce a standard deduction of Rs 40,000 for salaried tax payers in lieu of present exemption of transport allowance and reimbursement of miscellaneous medical expenses that will involve a revenue sacrifice of Rs 8,000 crore to benefit 2.5 crore people. Having a dedicated affordable housing priority sector fund under the National Housing Bank (NHB) will open up new avenues for the developers planning to offer budget homes.

"Government health insurance companies have readily agreed to fund the programme (at this cost)", the official said.

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