29 February 2016 Current Affairs: Union Finance Minister, Arun Jaitley on 29 February 2016 presented Union Budget 2016-17 in the Lok Sabha. This was the second full year Budget of the NDA government and the third budget of Jaitley.The finance minister announced nine pillars of the budget and they are Agriculture and farmers' welfare, rural sector, social sector including healthcare, education, skills and job creation, infrastructure, financial sector reforms, ease of doing business, fiscal discipline, tax reforms to reduce compliance burden.
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