26

26.1
Chapte r
nion d et

Union BUdget

In This Chapter...
‰ Major Achievements ‰ Tax Proposals
‰ Investment, Expenditure and Policy Initiatives ‰ Indirect Tax
‰ Fiscal Management
26.2 ndian onom

Major achieveMents investMent, expenditure and

policy initiatives

policy paralysis Agriculture AnD rurAl economy

seventh

fifth

third

Minimum
Government and Maximum Governance

Ease
of Living
 nion d et 26.3

haats
cluster based development

Agri-Market Infrastructure Fund

Prime Minister
Operation Greens
Gram Sadak Yojana Phase III
26.4 ndian onom

Green
Gold

Affordable Housing Fund

(AHF)
 nion d et 26.5

Prime Minister Krishi Sinchai Yojana-

Har Khet ko Pani

Ekalavya
Model Residential School

Revitalising Infrastructure and Systems in

Education (RISE)

Schools of Planning
and Architecture (SPA)

heAlth, eDucAtion AnD sociAl Protection

Ayushman Bharat

Black Board
to Digital Board
26.6 ndian onom

model of development

National Health Protection Scheme

(NHPS)

meDium, smAll AnD micro enterPrises (msmes)

AnD emPloyment

(GOBAR-DHAN)

mission mode
 nion d et 26.7

study

Fintech

Venture Capital Angel

infrAstructure AnD finAnciAl sector

DeveloPment

Iconic Tourism
26.8 ndian onom

Dedicated
Freight Corridors

Aviation

UDAN

Fog Safe
Train Protection and Warning System

NABH Nirman.
 nion d et 26.9

block chain technology

Fastags

builDing institutions AnD imProving Public

service Delivery

Mission on Cyber Physical

Systems

Digital India
26.10 ndian onom

National Logistics Portal

e-office e-governance

Gold Policy

gold exchanges

Debt ETF
 nion d et 26.11

Debt Rule

Debt to GDP ratio

tax proposals

Direct tAxes

Fiscal ManageMent

th
26.12 ndian onom

Tax Incentive for Promoting Post-Harvest

Activities of Agriculture

similar assistance

black
money

Operation Greens
imandari ka utsav Sampada Yojana

Employment Generation

Section 80-JJAA

footwear
leather

Incentive for Real Estate

capital
gains
 nion d et 26.13

Incentivising MSMEs

pensioners

Relief to Senior Citizen

Relief to Salaried Taxpayers and Pensioners

26.14 ndian onom

Measures to Control Cash Economy

Section
80DDB
Rationalisation of Long Term Capital Gains
(LTCG)
Yojana
Pradhan Mantri Vaya Vandana equity shares equity
oriented fund unit of a business trust

Tax incentive for International Financial

Services Centre (IFSC) bias

long term capital gains

 nion d et 26.15

indirect tax

customs

Health and Education Cess

E-assessment

ease of doing business

26.16

“You merge yourselves in the void and disappear,

and let new India arise in your place. Let her arise—
out of the peasants’ cottage, grasping the plough; out
of the huts of the fisherman. Let her spring from the
grocer’s shop, from beside the oven of the fritter-seller.
Let her emanate from the factory, from marts, and
from markets. Let her emerge from groves and forests,
from hills and mountains.”