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Budget 2018: Subsidy on LPG to 8 crore women

News Agencies | Updated on: 1 February 2018, 12:23 IST
Arun Jaitley (ANI)

Union Finance Minister Arun Jaitley on Thursday proposed to increase the target of providing free LPG connections to 8 crore women living below the poverty line.

"Ujjawala Yojana target is being extended to eight crore women living below the poverty line. It was earlier at five crore. The women will receive a free gas connection," Jaitley said while presenting the Union Budget.

He also said that an Agri-Market Development Fund with a corpus of Rs 2000 crore will be set up for developing agricultural markets in the country.

The focus is on low-cost farming, higher Minimum Support Price (MSP) and emphasis will primarily be on generating farm and non-farm employment for farmers, in the coming year.

Further, institutional credit for agriculture is proposed to be raised to Rs 11 lakh crore for 2018-19.

The government has also announced a Rs. 10,000 crore allocation for fisheries, aquaculture and animal husbandry funds.

--ANI

First published: 1 February 2018, 12:23 IST
 
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