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Union Finance Minister presents the Budget for 2018-19; Boost to farmers’income

Presenting the last full year budget before 2019 elections in the Lok Sabha today, Union Finance Minister Arun Jaitley said this year’s budget will consolidate the gains and focus on strengthening agriculture and rural economy, provision of good health care to the economically less privileged taking care of senior citizens, infrastructure creation and providing of more resources to improve quality of education.

To boost farmers’ income in rural economy Mr Jaitley announced that the Minimum Support Price for all un-announced Kharif crop will be kept at one and half times of their production cost. Hailing this as a historic decision, he said, it will prove an important step towards doubling the income of the farmers.

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