Budget highlights

Foreign Direct Investment has increased 36 per cent with forex reserves at US$361 billion in January, said Finance Minister Arun Jaitley in presenting Budget 2017-18.

Allocation for infrastructure stands at a record Rs 3,96,135 crore in the budget.

Among projects, the government has set a target to build one crore houses for poor by 2019 and to set up 3,500-km railway lines.

The Government will set up strategic crude oil reserves in Odisha and Rajasthan.

Two new All India Institute of Medical Sciences (AIIMS), as major hospitals, is to be set up in Jharkhand and Gujarat. fii-news.com