Budget 2016 India: Nifty below 7050; Sadak Yojana allocation at Rs 19k cr in Budget

Moneycontrol Bureau
The market seems to giving away gains as FM Arun Jaitley continues his Budget speech. The Sensex is up 27.24 points at 23181.54 and the Nifty is up 4.20 points at 7033.95. About 967 shares have advanced, 1085 shares declined, and 127 shares are unchanged

SBI, Tata Steel, ONGC, ICICI Bank and M&M are top gainers while Wipro, GAIL, Infosys, NTPC and Maruti are down.Here are few Budget proposals:

Sadak Yojana allocation at Rs 19,000 crore for FY17Propose to spend Rs 86,500 crore on irrigation projects in 5 yearsTo set up e-platform to enhance farmer access to marketsCreate new infra for irrigation, value addition to farm-mkt connectivity Allocation for Accelerated Irrigation Benefits Programme (AIBP) at Rs 17,00 crore for FY17Allocation to farming sector Rs at 35,984 croreFocus on social sector especially health care, education & skill developmentPosted by Nasrin SultanaFollow @NasrinzStory