Finance Minister Arun Jaitley, who is presenting the Union Budget for fiscal 2015-16 in the Lok Sabha, said the government is establishing a mechanism 'self employment' to support all aspects of start up business.
The highlights of the Union Budget are as following:
Tax free Infrastructure bonds for projects in railways and roads.
Government is establishing a mechanism 'self employment' to support all aspects of start up business.
PPP model of infrastructure to be revitalized and realigned.
I am setting aside 1,000 crore for this purpose.
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The government proposes to set up five ultra mega power projects, each of 4,000 MW, will be plug and play projects.
Will enhance the allocations to MNREGA by 5,000 crore.
This will have two features-will make this year's allocation highest, will also help in increasing rural wages.