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Impact on poor,underprivileged & healthcare sector
1. 6/29/2017 1
UNION BUDGET 2017-2018
IMPACT ON POOR,UNDERPRIVILEGED & HEALTHCARE
SCHOOL OF MANAGEMENT
Presented by-
Durgesh Nandini Patra
Roll no-315SM1020
MBA-2nd Year
2. Contents
• Ten Pillars of Union Budget2017-18
• Proposals for Women and Children
• Proposals for SCs,STs and Minorities
• Proposals for Senior citizens
• Proposals for Health care sectors
• Proposals for Affordable Housing
• Expert’s Review
• Conclusion
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3. Ten Pillars of Union Budget2017-2018
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• Farmers
• Rural Population
• Youth
• Poor and Underprivileged
• Infrastructure
• Financial Sector
• Digital Economy
• Public Service
• Prudential Fiscal Management
• Tax Administration
4. Proposals for Women and Children
• Mahila Shakti Kendra-allocation
of Rs. 500 crores - 14 lakh ICDS
Anganwadi Centres.
• Indira Gandhi Matritva Sahyog
(IGMS)Yojana-Financial
assistance to pregnant women.
• For the welfare of Women and
Children under various schemes-
the allocation of Rs. 1,84,632
crores in 2017-18.
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5. Proposals for the Welfare of Scheduled
Castes, Scheduled Tribes and Minorities
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Categories 2016-17 2017-18
SCs Rs.38833 Cr Rs.52393 Cr
STs Rs.24005 Cr Rs.31920 Cr
Minorities Rs.3827.25 Cr Rs.4195 Cr
SSource:http://economictimes.indiatimes.com/
6. Proposals for Senior citizens
• Introduction of Aadhar based
Smart Cards.
• The LIC will implement a
scheme for senior citizens to
provide assured pension, with a
guaranteed return of 8% per
annum for 10 years.
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8. Proposals for Health Care Sector(Contd…)
• 1.5 lakh Health Sub Centres will be transformed into Health
and Wellness Centres.
• To Create additional 5,000 Post Graduate seats per annum.
• To roll out of DNB courses in big District Hospitals
• To strengthen PG teaching in select ESI and Municipal
Corporation Hospitals
• To encourage reputed Private Hospitals to start DNB courses.
• Two new All India Institutes of Medical Sciences will be set
up in the States of Jharkhand and Gujarat.
• To amend the Drugs and Cosmetics Rules to ensure
availability of drugs at reasonable prices and promote use of
generic medicines
• New rules for regulating medical devices will also be
formulated.
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9. Proposal for Affordable Housing
• Affordable housing will now be
given infrastructure status, which
will enable these projects to avail
the associated benefits.
• The National Housing
Bank(NHB) will refinance
individual housing loans of about
Rs.20,000 crores in 2017-18.
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Total Land 328 MH
Cultivable
Land(present)
181.95MH
Cultivable
Land(1988-89)
185.142MH
Source:www.indiatimes.com/
10. Expert’s Review
HEMAL MEHTA, PARTNER,
DELOITTE HASKINS & SELLS LLP:
"Affordable housing is a priority for
this government and it was expected
to get infrastructure status. With
infrastructure status, developers can
access foreign funds at a cheaper cost
by way of debt and it will be a priority
lending for banks as well. This should
result into a progress in the sector.
The fine print shall provide higher
clarity."
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11. Other Proposals
• Legislative reforms will be undertaken to simplify, rationalise
and amalgamate the existing labour laws into 4 Codes on (i)
wages; (ii) industrial relations; (iii) social security and welfare;
and (iv) safety and working conditions.
• The Model Shops and Establishment Bill 2016 has been
circulated to all States for consideration and adoption. This
would open up additional avenues for employment of women.
• The amendment made to the Payment of Wages Act, is another
initiative of our Government for the benefit of the labour and
ease of doing business.
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12. Conclusion
• India will ramp up spending on rural areas, infrastructure and
fighting poverty adding the impact on growth from the
government’s cash crackdown would wear off soon.
• Maximum emphasis in this budget has been on the farmers,
villages, poor, dalit and the underprivileged sections of the
society.
• India will ramp up spending on rural areas, infrastructure and
fighting poverty adding the impact on growth from the
government’s cash crackdown would wear off soon.
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