1

Farm relief package itself could run to at least 1 trillion rupees ($14.04 billion)

2

Set to earmark about 1.8 trillion rupees for food subsidies in the fiscal year

3

Expected to waive premium for taking insurance policy for food crops

4

Proposal for waiving interest on crop loans for farmers who pay on time

5

Target of about $11 billion from state asset sales in FY 2019-20

6

An anticipated corporate tax rate cut to 25% from 30% may be put on hold until after the elections

7

Higher tax exemptions for the middle class and for small businesses anticipated

8

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

9

40 billion-rupee capital infusion for public-sector general insurers

10

Budget allocation for health is likely to increase by 5 percent from a year ago

11

Better digital infrastructure in rural areas

12

Abolition of the angel tax to boost start-ups

13

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)

14

Reduction of goods and services tax (GST) on electric vehicles and batteries

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