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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
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
6/29/2017 2
Ten Pillars of Union Budget2017-2018
6/29/2017 3
• Farmers
• Rural Population
• Youth
• Poor and Underprivileged
• Infrastructure
• Financial Sector
• Digital Economy
• Public Service
• Prudential Fiscal Management
• Tax Administration
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.
6/29/2017 4
Proposals for the Welfare of Scheduled
Castes, Scheduled Tribes and Minorities
6/29/2017 5
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/
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.
6/29/2017 6
Proposals for Health care Sector
6/29/2017 7
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.
6/29/2017 8
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.
6/29/2017 9
Total Land 328 MH
Cultivable
Land(present)
181.95MH
Cultivable
Land(1988-89)
185.142MH
Source:www.indiatimes.com/
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."
6/29/2017 10
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.
6/29/2017 11
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.
6/29/2017 12
References
• http://economictimes.indiatimes.com/
• http://profit.ndtv.com/news/budget/article-expert-views-on-
union-budget-2017-18-1654888
• http://www.news18.com/news/india/is-union-budget-2017-a-
gender-equal-budget-1344542.html
• http://pib.nic.in/newsite/PrintRelease.aspx?relid=157881
• http://economictimes.indiatimes.com/topic/Budget-Highlights
• http://www.indiatimes.com/news/india/with-population-on-
the-rise-and-agricultural-land-shrinking-india-might-become-
food-deficient-254964.html
•
6/29/2017 13
6/29/2017 14

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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 6/29/2017 2
  • 3. Ten Pillars of Union Budget2017-2018 6/29/2017 3 • 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. 6/29/2017 4
  • 5. Proposals for the Welfare of Scheduled Castes, Scheduled Tribes and Minorities 6/29/2017 5 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. 6/29/2017 6
  • 7. Proposals for Health care Sector 6/29/2017 7
  • 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. 6/29/2017 8
  • 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. 6/29/2017 9 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." 6/29/2017 10
  • 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. 6/29/2017 11
  • 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. 6/29/2017 12
  • 13. References • http://economictimes.indiatimes.com/ • http://profit.ndtv.com/news/budget/article-expert-views-on- union-budget-2017-18-1654888 • http://www.news18.com/news/india/is-union-budget-2017-a- gender-equal-budget-1344542.html • http://pib.nic.in/newsite/PrintRelease.aspx?relid=157881 • http://economictimes.indiatimes.com/topic/Budget-Highlights • http://www.indiatimes.com/news/india/with-population-on- the-rise-and-agricultural-land-shrinking-india-might-become- food-deficient-254964.html • 6/29/2017 13