The Government has planned to bring some initiatives to offset the pains caused because of Note Ban possibly keeping in view the ensuing Assembly polls in the five states including UP in February-March next year.
What are the expected features of the sob?
- Number of relief measures for the rural population, agricultural sectors and small and medium enterprises, would be announced before the Budget 2017-18.
- Income tax relief for professionals and greater outlay for primary education and health.
- Relief measures for farmers, including relaxation in repayment schedule and interest rates Boost to rural sector schemes.
- Sops for youth and job creation Push for MSME sector Income tax rate cut; tax slab Boost to infrastructure sector, including roads, railway and shipping.