Budget 2017 in Pictures

Salient features of the budget for 2017-18 explained through these snapshots

By: Forbes India

Published:
01/02/2017 12:00 AM

Image by : Dhiraj Singh/Bloomberg via Getty Images

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Image by : Dhiraj Singh/Bloomberg via Getty Images

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Rail tickets are dispensed at a railway station in Uttar Pradesh. Budget 2017, which included the railway budget, announced a Rail Safety Fund with a corpus of Rs 1 lakh crore, to be created over a period of 5 years, besides eliminating the service charge levied on rail tickets booked online and a host of other measures.

Image by : Pradeep Gaur/Mint via Getty Images

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Image by : Pradeep Gaur/Mint via Getty Images

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People employed under MGNREGA in Haryana. Allocation for the rural employment scheme has been increased to Rs 48,000 crore from Rs 38,500 crore, Finance Minister Arun Jaitley announced while presenting Budget 201

Image by : Ravi Prakash/Pacific Press/LightRocket via Getty Images

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Image by : Ravi Prakash/Pacific Press/LightRocket via Getty Images

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Budget 2017 was a bit of a dampener for the banking sector as Jaitley did not announce any new moves relating to recapitalisation of state-run banks except allocating Rs 10,000 crore for it, that is part of the broader, and already announced, plan in 2015

Image by : Udit Kulshrestha/Bloomberg via Getty Images

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Image by : Udit Kulshrestha/Bloomberg via Getty Images

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Arun Jaitley (centre) and other members of the finance ministry outside the North Block of the Central Secretariat building before leaving to table the budget in parliament in New Delhi on February 1, 2017

Image by : Shailesh Andrade/Reuters

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Image by : Shailesh Andrade/Reuters

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People look at a screen displaying the Sensex on the facade of the BSE building in Mumbai on February 1, 2017. India’s stock markets gave a thumbs up to Budget 2017, with the benchmark 30-share Sensex jumping 485.68 points, or 1.76 percent, to close the day at 28,141.64

Image by : Babu/Reuters

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Image by : Babu/Reuters

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A worker walks over giant pieces of concrete that will be used to make tunnels for the metro railway, at a casting yard in Chennai. Arun Jaitley announced a new Metro Rail Act that will facilitate greater private participation and investment in construction and operation of metros trains as part of his budget speech on February 1, 2017.

Image by : Vikas Khot

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Image by : Vikas Khot

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The site of an affordable housing project at Boisar, Maharashtra by Tata housing. Budget 2017 gave the affordable housing sector infrastructure status. The move is likely to open up a plethora of financing options to the sector and make it easier and cheaper for low-cost housing companies to access capital.

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