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1) Economic survey: special behavioural economics to change the behaviour of public.

Like beti bachao and beti padhav and swatch Bharat mission to change the mind set of people

2) Aadhar card and pan card interchangeable for ITR filing and no tax for people upto 5 lakhs
3) 15% funds increased to aayushman scheme in health care sector
4) To overcome water crisis startups to come up with technologies where humidity will be
absorbed during night and liquified in morning. Target 4-5lt of water per sqmt
5) Budget encouraged farmers and asked private sector to invest in agriculture sector and come up
with 10000 farmer producer organization
6) Govt to launch portal for msme for khadi etretail something similar to Amazon and Alibaba
where msme can be directly brought to market
7) GST reduced for e vehicles from 12% to 5% and petrol and diesel to increase by 2/-
8) Govt will set up 80 livelihood business incubator and 20 tech business incubator to encourage
entrepreneur in agriculture business
9) Impact of union budget on TCS where it lost 30,400 crores because of minimum public
shareholding increased to 35%
10) India has moved a step closer for the purchase of 114 fighter jets by inviting bidding which
would be world’s largest fighter jet deal valued at 15 billion dollars and max production in India
11) To reach 5 trillion dollar economy for India the GDP growth rate should be 8% but currently at
3.3 – 3.4% so this budget might help in achieving the target
12) Standardization of labour law into 4 labour codes in which will improve wages, industrial
relations, social security and occupation safety which can enhance productivity in industries
13) As per new proposal in union budget tax rates have been significantly increased for people with
taxable income of more than 2 crores

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