Budget highlights

• Cess on income tax hiked to 4% which will be used for healcare scheme.
• Up to 5 lakh Health cover per family for 10 cr families. 
• 14.34 lakh cr to be spent in Rural India to create livelihood
• MSP for all Kharif crops to be 1.5 times cost of produce.
• Free Power connection for 4 cr homes
• Corporate Tax of 25% extended to companies with turnover up to 250 cr. 
• Railways Capex of 1.48 lakh cr. and Electrification of 4000 km of railway lines
• Revised Fiscal Deficit (2017-18): 3.5% of GDP. Targeted Fiscal Deficit (2018-19): 3.3% of GDP
• 500 cr is alloted to upgradation of agri-logistics infrastructure processing, and professional management in specific sub-sectors such as tomato, potato, and onion. 
• Increased customs duty on many processed food products such as crude edible oil, refined edible oil, and various fruit juices to 30%, 35%, and 50%, respectively. Whereas customs dury on aggricultural commodities such as cashews is reduced to 2.5, hoping to increase capacity utilisation of processing plants and reduce input cost.
• A special scheme will be implemented to subsidize machinery required for in-situ management of crop residue. (Air pollution issue in northern area due to post-harvest on-farm burning of rice plants)