Skip to main content
BUDGET 2018
Finance Minister Arun Jaitley delivered this government's fifth and last full Budget amid subdued economic growth, challenging fiscal situation and farm distress. What makes it all the more important is the upcoming elections in eight states this year and the General Election next year, all of which put tough demands on it.
He announced two new initiatives under the Ayushman Bharat Programme in the Union Budget 2018.
Under the programme, Mr. Jaitley announced a new flagship National Health Protection Scheme, providing a health insurance cover of 5 lakh a family per annum. The scheme will cover 10 crore vulnerable families, with approximately 50 crore beneficiaries.
“We are slowly progressing towards universal health coverage,” Mr. Jaitley said, adding that the scheme would be the “world’s largest healthcare programme”.
Mr. Jaitley also announced the creation of health and wellness centres, which will “bring healthcare closer to home”. These centres, 1.5 lakh in number, will provide free essential drugs and diagnostic services. A sum of Rs. 1200 crore had been allocated for this.
Also, trading on bitcoin exchanges surged on Thursday and Friday after the finance minister said in his February 1 Budget speech that cryptocurrencies weren't legal tender. Exchange servers were said to have ground to a near halt on both days due to the sudden spurt in transactions, although the platforms themselves said things had settled down after the initial panic. Moreover, as per the 'Ujjwala Yojna' and 'Saubhagya Yojna' proposed by Jaitely, more than five lakh women in the rural areas across the country will get free LPG gas and electricity by the 2022.
Rs 21.57 lakh crores have been transferred as net GST to states against a projectile of Rs 21.47 lakh crores, while no personal income tax changes were proposed in the budget.
It was also announced that long term capital gains exceeding Rs 1 lakh will be taxed at 10% without indexing.
Customs duty on certain products, such as mobile phones and televisions has been increased, to provide a fillip to ‘Make in India’.
The budget also included various reforms in the education, health and infrastructure sectors.
All we hope is that these reforms help the economy grow in a way that is beneficial for all sections of society.


Comments

Popular posts from this blog

SHARARAT: THODA JAADU, THODI NAZAAKAT

SHARARAT: THODA JAADU, THODI NAZAAKAT Shring Bring Sarvaling ,BhootBhavishyaVartamaanBadling! One can’t resist being driven away by the sense of nostalgia while being stumbled upon this mantra!  It was unarguably the era of entertainment .While a decade has passed on, Shararat, the fantasy sitcom spanning over 5 installments, definitely gives away every 90s’ kid a chance to brag about those good old days. Shararat revolves around the world of fairies and magic. What added to the delight in the mind of its viewers was the subtle comedy and the perfect comic timing. The Malhotra family involving a mischievous ‘nani’ with her impeccable magic chants, a docile mummy who has settled down with the menial jobs she has to perform as a typical housewife , and a naïve and vulnerable Jiya ,whose life has become miserable since the day she is wielded with magic powers, certainly Shararat was a visual treat. But the story had not been far  more convincing without the starry l...

SON PARI

Son pari Mumkin ko namumkin kar de Namumkin ko mumkin Son pari sab hal karti hain Sabki mushkil sab din. Whenever I used to hear this song I used to rush towards my television, because this was my favourite show - "SON PARI" Son Pari was basically a fantasy- adventure TV series. It is based on the story of a little girl name Fruity, who receives a magical gem that, when rubbed, summons a fairy named Son Pari and her friend Altu. Son Pari and Altu start meeting Fruity regularly and have many adventures. They help her get rid of Ruby, a woman who wants to marry Fruity's father, Rohit, for his money. Son Pari is also entitled to save Fruity from Kali Pari ( the main villain). Everyone wishes to have a fairy godmother like Son Pari at some point in their lives. A Pari ( angle) who can solve their problems with a spin of her wand. And this TV show was so famous and loved by everyone  because it used to take us to that fantasy world of angels and magic. This s...

INDIAN MAKEUP TRENDS OVER THE YEARS

From Saira Banu in Padosan, Sridevi in Chandini, Karishma Kapoor in Dil Toh Pagal Hai to our all time favourite Poo in Kabhi Khushi Kabhi Gum and Mili in Khoobsurat, the fashion and makeup trends have been all fancy and crazy yet so aesthetic and elegant and these leading ladies are surely 'Goals'.  One of the most significant shifts that  have been observed over the years in the beauty industry is the ultimate evolution of make-up trends varying from vibrant and vivid looks to nude face concepts. Makeup can not be talked about separately when it comes to beauty and fashion,it is an expressive(and perceived to be expensive by men) art, which has evolved immensely over the past century and has vividly been an integral part of our culture. But what have been the major stages of this evolution? Let us take a dive in the past and follow up to the time of the millennials.  THE ERA OF SIMPLICITY(1910) -There was hardly any makeup and plain sarees with little or no de...