Union Budget with Deepak Chaurasia: How good is the Budget 2016-17 for the rural sector?

India News special show with Deepak Chaurasia on Union Budget 2016-2017. With big investments in the rural sector and a break for small tax payers, finance minister Arun Jaitley's Budget 2016 on Monday was largely pro-rural and pro-poor in an attempt to counter months of opposition criticism that PM Modi's is a "suit-boot ki sarkar".

Jaitley announced an allocation of Rs 35,984 crores to improve farmers' welfare. In the cases of natural calamities, a timely flow of credit to farmers is essential Jaitley said, and announced the setting up of a Rs 9 lakh crores credit line, which is the highest ever. He also announced a slew of initiatives for the farm sector including a dedicated irrigation fund worth Rs 20,000 crores, a major Rs 60,000 crores project to develop safe groundwater sources and a Rs 500 crores program for enhanced pulses' production.
Jaitley allocated Rs 5,500 crores to the Pradhan Mantri Fasal Bima Yojana.

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