Highlights of Union Budget 2016

  • 12:00 Govt has option to reduce stake in IDBI below 50%: FM
  • 11:59 Amend SEBI act to increase benches in SAT: FM
  • 11:59 25,000 cr for bank recap: FM
  • 11:58 Comprehensive framework to deal with CIS schemes: FM
  • 11:58 100% FDI through FIPB route in marketing of food products marketing will be allowed: FM
  • 11:58 To announce 3 initiatives in reinvigorate pvt sector: FM
  • 11:58 SEBI to bring new derivative pdts for commodity markets: FM
  • 11:57 Govt to open up the road transport sector in the passenger segment: FM
  • 11:56 Abolition of permit raj to be our medium term goal: FM
  • 11:56 Approve 10K Km of National Highways in FY17: FM
  • 11:55 RBI act to be amended to provide framework for monetary policy code: FM
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