This year’s Budget presentation was preceded by hope that there would be a departure from the past. On the last day of February, Finance Minister Arun Jaitley indicated that the emphasis would be on social security as promised in the BJP manifesto.
With regard to the elderly, this is what he proposed:
- A new scheme for providing physical aids and assisted living devices for senior citizens below the poverty line.
- From unclaimed deposits of about Rs 3,000 crore in the PPF and approximately Rs 6,000 crore in the EPF corpus, creation. . .
