THE WINNERS OF BUDGET FY18 ARE……

AGRICULTURE

ADVANTAGE

• Target for agricultural credit for FY18 at record level of Rs.10 lakh crore
• To benefit from 60 days’ interest waiver announced on 31/12/16
• Long Term Irrigation Fund already set up in NABARD to be augmented by 100% to take the total corpus of this Fund to Rs.40,000 crore
• Micro Irrigation Fund in NABARD to achieve ‘per drop more crop’ with an initial corpus of Rs.5,000 crore
• Model law on contract farming to be prepared
• Rural, agri allocation at Rs 1.87 lakh crore, up 25% (YoY)
• Dedicated micro irrigation fund with corpus of Rs.5000 crore
• MNREGA allocation increased from Rs.38,500 crore in FY17 to Rs.48,000 crore in FY18

Finolex, United Phosphorus, KSB Pumps, Advanta India, Monsanto, Bayer Crop, Rallis India, Jain Irrigation, Shakti Pumps, Dhanuka Agritech, EPC Industries

REALTY

ADVANTAGE

• Affordable housing given Infrastructure status
• Govt doubles lending target of banks to Rs 2.44 lakh cr
• Govt proposes to finish 1 cr houses by 2019 for those living in kachcha houses
• Instead of build-up area, carpet area will be counted for affordable housing
• Re-financing of housing loans
• To make changes in capital gains tax for housing

DLF, Prestige Estate, Oberoi Realty, HCC, HDIL, Kolte Patil, Puravankara, Omaxe, Sobha Developers, Godrej Props, Ashiana Hsng, Peninsula Land

DAIRY

ADVANTAGE

•  Dairy processing fund with initial corpus of Rs.2000 crore and Rs.8000 crore in three years

Hatsun Agro, Prabhat Dairy, Heritage Foods, Kwality, Umang Dairy, Nestle

INFRASTRUCTURE& ROAD PROJECTS

ADVANTAGE

• · 2000 km of coastal roads have been identified for development
• · National Highway allocation at Rs 64,000 crore
•  Govt to expand airport capacity over next 10-15 years, with participation of private sector
• · Allocated Rs 3.96 lakh crore for infrastructure build

L&T, Lanco Infra, GVK Power, GMR Infra, IRB Infra, Marg Construction, IVRCL Infra, HCC, NHAI, C&C Constrution, Adani Ports, Siemens, MBL, ARSS Infra, NCC, Ashoka Buildcon

TOBACCO

ADVANTAGE

·         100% FDI to be allowed through FIPB route in marketing of food

Nestle, Glaxo, JHS Svengdaar, Godrej Inds, Dabur, Marico, Bajaj Corp

OIL & GAS

 ADVANTAGE

• Cuts basic customs duty on LNG to 2.5% from 5%
• To build two more strategic petroleum reserves besides the three that have already been completed 
• To merge state oil companies to create a giant with over $100 billion valuation 

ONGC, Oil India, IOC, BPCL, HPCL, Petronet LNG, Gujarat Gas, Deep Inds, GAIL, Cairn India

EDUCATION

ADVANTAGE

• Increased allocation for women skill development to Rs 1.84 lakh cr in FY18
• To set up 100 India-International skill centres
• To undertake reforms in UGC to improve higher education
• To create innovation fund for secondary education

Zee Learn, NIIT, Aptech

POWER

ADVANTAGE

• Committed to achieve 100% village electrification by May 1, 2018
• Countervailing duty on machinery for renewable energy cut to 6%
•  7000 railway stations to be solar powered
• To undertake second phase of solar power development for additional 20,000 MW

Tata Power, NTPC, Adani Power, GE T&D, JSW Energy, Alstom India, KEC International, Siemens, Kalpataru Power, NLC India, CESC, GE Power India

PSU BANKS

ADVANTAGE

•  Allocated as per the original plan under Indradhanush, Rs.10,000 crore for FY18 for recapitalization; to give more if required
• Resolution of financial firms amendments

BoB, Bank of Maharashtra, PNB, SBI, BoI, Union Bank, Canara Bank

CIGARETTE

ADVANTAGE

• Hikes additional excise duty on various lengths of cigarettes by 2.5% & 6%
• Excise duty increased for handmade and machine made paper rolled bidis from Rs 21 per thousand units to Rs 28 per thousand units and Rs 78 per thousand units respectively. 
• Increased the additional duty for pan masala from 6% to 9%
• Doubled additional duty to 12% for chewing tobacco, jarda scented tobacco and guthka

ITC, VST, Godfrey Phillips

FERTILISERS

ADVANTAGE

• To take steps to ensure farmers get better prices for harvest
• To double farmer income in five years

GSFC, Deepak Fertilisers, Coromandel, GNFC, NFL, FACT,

DEFENCE

ADVANTAGE

• ·         Defence expenditure excluding pension at Rs 2.74 lakh crore

Bharat Electronics, BEML, BEL, Reliance Defence, Walchandnagar Inds, Reliance Defence

TRACTOR/TWO-WHEELERS

ADVANTAGE

• ·         Rs.48,000 crore, highest ever allocation under MNREGA
• ·         Aim of the FM to double farmer income and other rural/agriculture push will push up demand for tractors and two wheelers

Eicher, Escorts, Punjab Tractors, M&M, TVS, Bajaj, Hero Moto.