Farm relief package itself could run to at least 1 trillion rupees ($14.04 billion)
Set to earmark about 1.8 trillion rupees for food subsidies in the fiscal year
Expected to waive premium for taking insurance policy for food crops
Proposal for waiving interest on crop loans for farmers who pay on time
Target of about $11 billion from state asset sales in FY 2019-20
An anticipated corporate tax rate cut to 25% from 30% may be put on hold until after the elections
Higher tax exemptions for the middle class and for small businesses anticipated
Discount of 2 percentage points on loans for businesses with annual sales of less than 50 million rupees; government to compensate banks for the costs
40 billion-rupee capital infusion for public-sector general insurers
Budget allocation for health is likely to increase by 5 percent from a year ago
Better digital infrastructure in rural areas
Abolition of the angel tax to boost start-ups
Exemption from GST for spectrum and licence fee payouts, reduction in spectrum fees and cuts in import duty on telecom equipment (currently at 20 pct)
Reduction of goods and services tax (GST) on electric vehicles and batteries
