Feb 29: Finance Minister Arun Jaitley on Monday listed “nine pillars”, including tax reforms, promoting ease of doing business and ensuring fiscal discipline, that will transform India.
Unveiling the Union Budget 2016, he said the pillars also include emphasis on governance reforms. The other pillars, he added, include focus on agriculture and rural areas with a view to doubling farm income by 2022. Besides, he said, government will lay greater emphasis on social sectors, education and skill building and job creation for building a knowledge based and productive economy.
The government, Jaitley said, will also focus on infrastructure investment, financial sector reforms, fiscal discipline and tax reforms to reduce compliance burden.