Union Budget 2018: Haryana CM Manohar Lal Khattar hails ‘pro-poor, pro farmer’ budget

By: | Published: February 1, 2018 6:14 PM

Budget 2018: Haryana Chief Minister Manohar Lal Khattar today hailed as pro-poor and pro-farmer, the Union Budget 2018 presented by the Union Finance Minister Arun Jaitley today. The decision to raise the MSP of all crops to at least 1.5 times the production cost will incentivise farming operations and improve the economic lot of the farmers, he said.

budget 2018, budget date, budget 2018 india, India budget, Union budget 2018, budget 2018 expectations, arun jaitley, arun jaitley budget, farmers, indian farmers. khattar, manohar lal khatarBudget 2018: These reflect the concern for the poor ingrained in the NDA philosophy, he said. (PTI)

Budget 2018: Haryana Chief Minister Manohar Lal Khattar today hailed as pro-poor and pro-farmer, the Union Budget 2018 presented by the Union Finance Minister Arun Jaitley today. In a statement here, Khattar said the Union Budget was reflective of the pro-poor and pro-farmer policies of the NDA government and will prove to be a major milestone towards realising Prime Minister Narender Modi’s vision of doubling the income of farmers. The decision to raise the MSP of all crops to at least 1.5 times the production cost will incentivise farming operations and improve the economic lot of the farmers, he said.

The Rs 2,000-crore fund for developing agricultural markets will help farmers in marketing their produce and help them get the maximum price, he added. Besides, adoption of cluster approach, allocation of Rs 500 crore for ‘Operation Green,’ to promote processing facilities, state-of-the-art facilities in 42 mega food parks and Rs 1,000 crore for promotion of fisheries, together with focus on productive and gainful on-farm and non-farm employment for farmers and landless families, will add to the income of the farmers, the Haryana chief minister said.

Income tax impact of Budget 2018. Calculate gain or loss with this Income Tax Calculator

He lauded the decision to provide eight crore free gas connections to women under the ‘Ujjwala’ scheme, four crore electricity connections to the poor under ‘Saubhagya Yojana’ and cover for 10 crore poor and vulnerable families under the National Health Protection Scheme.

Watch: Union Budget 2018: It Will Focus On Strengthening Agriculture, Rural Economy, Says FM Jaitley

These reflect the concern for the poor ingrained in the NDA philosophy, he said.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Switch to Hindi Edition