Budget 2017: Development Schemes Focused On

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The government has introduced many schemes for the benefit of both urban and rural people. Union Budget 2017, presented by FM Arun Jaitley majorly focused on certain schemes which can help in developing the country in different ways.

Have a look at the schemes the Union Budget 2017 focused on:

Pradhan Mantri Awas Yojana

Pradhan Mantri Awas Yojana, scheme launched by Prime Minister Narendra Modi for Economically Weaker Section (EWS) and Low Income Group (LIG). Pradhan Mantri Awas Yojana allocation increased from 15k cr to 23k cr Budget 2017. Under this scheme, the beneficiary would be eligible for interest subsidy on purchase/construction of a house. The scheme is also available for enhancement of a dwelling unit. How To Apply For Pradhan Mantri Awas Yojana?

Fasal Bima Yojana

Fasal Bima Yojana coverage will be increased to 40%. Pradhan Mantri Fasal Bima Yojana (PMFBY) is the crop damage insurance scheme that has been approved by the Union Cabinet in January 2016. The scheme will cover post-harvest losses and yield losses. It will also provide farm level assessment for localized calamities including hailstorms, unseasonal rains, landslides, and inundation.

Pradhan Mantri Gram Sadak Yojna

Pradhan Mantri Gram Sadak Yojna roads work accelerated to 133 km roads per day in 2016-17 as against 73 km per day during 2011-14. The Pradhan Mantri Gram Sadak Yojana (PMGSY), was launched by the Govt. of India to provide connectivity to unconnected Habitations as part of a poverty reduction strategy.

Incredible India

Five special tourism zones to be set up in partnership with the states. Incredible India campaign 2 to be launched across the world. Incredible India is the name of an international marketing campaign by the Government of India to promote tourism in India in 2002 to an audience of global appeal. 

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