Budget 2017: Key Points and General Discussion in Parliament
The Budget Session of the Parliament started on 31st of January 2017 with the President's address to the Joint session of the Parliament. In his address to the both the houses of the Parliament the President stated the achievements of the government. On the same day the Finance Minister presented the Economic Survey 2017 in the Parliament. The next day on 1st of February 2017, the Finance Minister presented the Union Budget for the financial year 2017-18. As per the parliament procedure both the houses of the parliament started the general discussion on the budget after the motion of thanks. The detailed clause by clause discussion will take place in the second half of the budget session. Let us analyse the key features of the budget mentioned by the Finance Minister Arun Jaitley. The union budget 2017-18 focuses on below key points. Farmers : The total area sown under kharif and rabi seasons are higher than the previous year. With a better monsoon, agricul...