effect of budget 2016-17 on various industries

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  • 8/19/2019 Effect of Budget 2016-17 on Various Industries

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    Efect o budget 2016-17 on

    various Industries.

      ABHIRAMA!R"

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    Inrastructure co#$anies% Rs. 27,000 crore to be spent on roadways

    65 eligible habitats to be connected via 2.23 lakh kms of road.constr!ction pace is "00 kms#day

    $hops to be given option to remain open all seven days in a wemarkets.

    Rs. 55,000 crore for roads and highways. %otal allocation for roconstr!ction, incl!ding &'($), * Rs +7,000 crore

    %otal o!tlay for infrastr!ct!re in !dget 20"6 now stands at Rcrore

    ew green/eld ports to be developed on east and west coasts

    Revival of !nderserved airports. entre to &artner with $tatessmall airports for regional connectivity

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    &ontinued'

    ast years b!dget allocation for railways andinfrastr!ct!re companies was ".25 lakh crore, and as aresponse to it Railway and infrastr!ct!re companies hasshown an average of "-1 growth rate.

    % has shown a r!sh from "050 to ""30 in !st 3 days.

    4alindee rails closed with an !pper circ!it of "01

    yesterday.

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    Auto industr(%

    " per cent infra cess on small petrol#&(#(cars till "200cc, 2.5 per cent ta on s!b*-metre diesel cars till "500cc.

    $89s, !!ry cars to be more epensive. -1high capacity ta for $89s, high capacity

    sedans, '&9$ " per cent etra service charge on p!rchase of

    l!!ry cars over Rs. "0 lakh.

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    M)MEs%

    %arget of disb!rsement !nder '8:R; increased to",

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     *e+e,ers%

    >cise " per cent imposed on articles of ewellery, ecl!ding silver.

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    Agricu,ture re,ated industr(%

    ;gric!lt!re cess to be levied.

    0.5 per cent 4rishi 4alyan ess to be levied on all services.

    %otal allocation for agric!lt!re and farmer welfare at Rs 35+

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    &ontinued' @ain irrigation reached 52week high of 57.< on

    the b!dget day.

    Ansecticides Andia reached the highest of 337 onthe b!dget day.

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    Baning sector% anks get a big boostB Rs 25,000 crore towards

    recapitalisation of p!blic sector banks. @aitleysaysB anking oard !rea! will beoperationaliCed, we stand solidly behind p!blicsector banks.

    %arget of disb!rsement !nder '8:R; increasedto ",

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    Energ(%

    Rs. 3000 crore earmarked for n!clear powergeneration

    (ovt drawing comprehensive plan to beimplemented in net "5*20 years for eploitingn!clear energy

    (ovt to provide incentive for deepwater gaseploration

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    Education%

    :igital literacy scheme to be la!nched to cover 6 croreadditional r!ral ho!seholds

    Eee learn is a company providing digital learning facility.Fn the b!dget day it reached 33."0 from 30.70. ;nd nowit is revolving aro!nd 32 level.

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    Hea,t%

    ; new health protection scheme for health cover !pto "

    lakh per family. $enior citiCens will get additional healthcare cover of Rs

    30,000 !nder the new scheme

    &' @an ;!shadhi )oana to be strengthened, 300 genericdr!g store to be opened

      ;s a response to it Andian pharma and healthcare has shown a level !p by 300 points in last3daysG

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    Insurance%

    "001 ?:A allowed thro!gh a!tomatic ro!te.

    ; new health protection scheme for health cover !p to "lakh per family.

    $enior citiCens will get additional healthcare cover of Rs30,000 !nder the new scheme.

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    continued'

    ?:A How into Andia for ins!rance companies in the year20"5 has shown an increase of "521.

    "001 ?:A thro!gh a!tomatic ro!te is likely to increaseHow of f!nd in to ins!rance ind!stry by "2000cr.