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Schemes for tribal, youth and women Current account deficit continues to be high due to excessive dependence on oil, coal and gold imports and slowdown in exports, says the finance minister. To Allocate 110 cr to the Department of Disability Affairs FM: Health for all and education for all remain our priorities Global economic growth declined from 3.9% to 3.2%; India not affected
Our economy has slowed down after 2010 Over 65,000 crore to be allocated to the HRD ministry for education. Expenditure target of Rs 16,65,297 crore in 2013-14. Plan expenditure is at Rs 5,55,320 crore – up 29 per cent.
The finance minister says that his focus would be on balancing economic policy and econmic welfare. -Wonder how he will manage that.
Budget 2013: FY 14 Total expenditure at Rs 16.65 lakh crores Budget 2013. Rs 37,000 crore allocated for healthcare Increased allocation for the mid-day meal scheme
Thousands of scholarship for students belonging to the SC/ST category
My Budget's overarching goal -- to create opportunities for our youth, says Chidambaram.
Plan expenditure seen at Rs 5.53 lakh crore.
FY14 plan expenditure to be 30% higher.
FY14 expenditure seen at Rs 16.65 lakh crore.
The new Budget proposes to expand medicare facilities for women, differently abled. FY14 expenditure seen at Rs 16.65 lakh crore.
Ministry of Rural Development to get 80,195 crore in FY 13-14, an increase of 46%.
says FM. Additional sum of Rs 200 crore to Women and Child Welfare Ministry to address issues of vulnerable women. Other states will continue with PMGSY.30. 4% farm loan scheme extended to private banks. Food inflation is worrying: FM.561 crore for SC sub-plan.511 crore allocated to Minority Affairs Ministry which is 60 per cent of the revised estimates. Budget 2013: To allocate Rs 1106 crore for alternative medicine industry. will get funds for PMGSY 2.55. States which have completed PMGSY. Bringing the green revolution to east India was an enormous success. Increased allocation for all social schemes MNREGS toget Rs 33. In 2013-14.825 crore or 96 per cent of Budget estimate for this fiscal.30. WCD has been asked to design schemes.000 crores Faced with huge fiscal deficit. the finance minister announces. The revised expenditure target is Rs 14. will continue to support the green revolution in the east with an allocation of Rs 1000 crore Green Revolution states to get 500 crore towards crop diversification. the budget estimate is Rs 16.297 crore.2 per cent. Rs 3. Rs 24.Single women and widows must be able to live with dignity.825 crore or 96 per cent of budgeted expenditure Budget expenditure is Rs 16.598 crore for tribal sub plan. Eastern Indian states to get 1.297 crore and Plan expenditure Rs 5. We have brought down headline WPI inflation to 7 per cent and core inflation to 4.65. Plan expenditure in 12th Five-Year Plan revised to Rs 14. One overarching goal to provide education and skills to youth for securing jobs in the 2013-14. 322 crore: FM. I have no choice but to rationalise expenditure: FM. FM allocates Rs 41. This declaration causes uproar in parliament.65.000 crore for agriculture. sanitation key . Drinking water.
Rs 5.Rs 41000 crore for scheduled caste Rs 110 crore to be allocated to the department of disability affairs. Rs 1. infrastructure debt fund to be encouraged The stock markets are reacting to the FM's Budget speech: they seem to be dismayed and have begin to give up their gains.867 crore allocated to Ministry of HRD in 2013-14: FM. 65.069 crore to be given to Department of Ayush. Food inflation is worrying: FM Bank stocks crack. Rs 1650 crore allocated for the purpose.00 crore to be raised through tax free bonds India's 2013/14 plan expenditure seen at Rs 5. Rs.55 trillion Indian 3. Medical colleges in six more AIIMS-like institutions to start functioning this year.284 crore to various Ministries for scholarships for SC/ST.000 crore for food security bill proposed by UPA Rs 25.2 per cent.000 km of road projects will be awarded in the first six months of 2013 . OBC and minority students. Rs 1. Rs 28500 cror for tribal women We have brought down headline WPI inflation to 7 per cent and core inflation to 4. Bank Nifty down 10 points. Rs 10. Select institutions to be allowed issue tax free bonds to raise 50. Interest Rate subvention scheme extended Rs 4. Rs 4727 crore to be allocated for medical education and research 10.215 crore to be provided for mid-day meal scheme.000 crore to fund infrastructure projects.069 crore allocated to Department of Aryush: FM. says FM.727 crore to be allocated for medical education and research.000 crore set aside for incremental costs with regards to food security bill Rs 13.
others will continue with PMGSY-I.880 crore in the current fiscal. Rs 14. Rs 1650 crore allocated for the purpose. Foodgrain production in 2012-13 will be over 250 million tons: FM.000 crore for women's development To attract new investment.IIFCL to partner with Asian Development Bank to give credit to infrastructure projects. which is 96 per cent of budget estimate Rs 17.700 crore to be allocated for Integrated Child Development Scheme (ICDS): FM.6 per cent in 201213 when 250 MT foodgrains was produced: FM. says FM.194 crore allocated for rural development schemes.000 cr to be raised through tax free bonds Oil and Gas Exploration Policy might move from profit sharing to revenue sharing. Rs 80. States which have completed Pradhan Mantri Gramin Sadak Yojana will be eligible for PMGSY-II.700 crore provided for Integrated Child Development Scheme. About Rs 33.873 crore for JNNURM for urban transportation in 2013-14 against Rs 7.194 crore allocation for Ministry of Rural Development in 2013-14. Rs 5000 crore for construction of warehouses Investments in industrial sector a challenge Some infrastructure companies to be allowed to float tax free bonds Revised estimate for total expenditure is Rs 14. This scheme will be up till 2015. .000 crore for MGNREGA. Medical colleges in six more AIIMS-like institutions to start functioning this year.3 trillion in 2012/13. Rs 25. says FM. Person taking a loan for his first home upto Rs 25 lakh will get Rs1 lakh additional exemption Rs 97. Rs 80. Investment of 100 crore in plant and machinery will get a 15% deduction on the investment. the finance minister has proposed an investment allowance of 15 percent for companies over and above the existing depreciation rates. Rs 17. Average annual growth rate of agriculture and allied services estimated at 3.
Eastern Indian states to get Rs 1. Rs 5. Will need $75 billion to finance current account deficit Rajiv Gandhi ESS to be liberalised. Rice output increased in Assam. Income limit for eligibility raised from Rs 10 lakh to Rs 12 lakh. Rs 1. 11:54 Market Live: Necessary approvals to be obtained by October 2013 for women only public sector bank Yahoo! Budget Live: 11:54 .387 crore to be allocated for integrated watershed programme for farmers in 2013-14. Rs 7 lakh crore target fixed for agri credit for 2013-14 compared to Rs 5.000 crore allocation for improving agricultural production. SIDBI refinance fund doubled to 10.000 crore.000 crore allocated for eastern states.050 crore in the current fiscal. The benefits given to MSME units will continue for 3 years after they grow out of that sector.Rs 500 crore allocated for programme on crop diversification. Odisha. an increase from Rs 3.75 lakh crore in the current year. Government allocates Rs 802 billion to rural development plan expenses up 30% Microfinance institutes get an additional 100 crore. Green revolution in east India significant. Jharkhand and West Bengal.
says no need for gloom 11:53 Yahoo! Budget Live: Rs 14.11:54 India's first women's bank as a public sector bank Yahoo! Budget Live: FM proposes to set up India's first public sector Women's Bank. others will continue with PMGSY-I. 11:50 Yahoo! Budget Live: Four Infrastructure debt fund have been registered: FM.000 crore set aside for incremental cost for National Food Security Bill over and above food subsidy.000 crore will be made available to NABARD to finance construction of godowns and warehouses: FM.000 crore as capital infusion to meet capital adequecy laid down by Basel 3. 11:50 Yahoo! Budget Live: Rs 5. says FM. 11:53 Yahoo! Budget Live: Chidambaram presents national budget. 11:53 Yahoo! Budget Live: Seven new cities identified along Delhi-Mumbai Industrial Corridor 11:52 Yahoo! Budget Live: Rajiv Gandhi Equity Scheme to be liberalised Yahoo! Budget Live: Indian Institute of Biotechnology will be set up at Ranchi Yahoo! Budget Live: Global slowdown has hurt Indian economy: FM 11:51 11:51 11:50 Yahoo! Budget Live: Rs 10. 11:53 Market Live: PSBs to get 14. 11:54 Yahoo! Budget Live: INDIAS FIRST WOMEN'S BANK AS A PUBLIC SECTOR BANS WITH RS 1000 CR INVESTMENT 11:53 Market Live: India's first women's bank to be set up 11:53 Yahoo! Budget Live: States which have completed Pradhan Mantri Gramin Sadak Yojana will be eligible for PMGSY-II.880 crore in the current fiscal.873 crore for JNNURM for urban transportation in 2013-14 against Rs 7. .
Banks to be allowed to be allowed to sell insurance Women's public sector banks to be set up by october 2013 Rajiv Gandhi Equity Scheme will be liberalised to allow first time investor to invest in Mutal Fund and equity.000 crore for rural housing fund Two new ports in Bengal and Andhra Pradesh Government has decided to constitute a regulatory authority for the road sector: FM. To provide appropriate incentives for semiconductors industry including zero customs duty on plants and machineries. 11:54 Yahoo! Budget Live: Fund for urban housing 11:54 Market Live: 6.000 crore set aside for incremental cost for National Food Security Bill over and above food subsidy. 11:49 Yahoo! Budget Live: Indian Institute of Biotechnology to be set up in Ranchi Rs 10. State governments urged to sign restructuring plans with electricity discoms 6% percent duty on phones that cost above Rs 2000 DTC Bill to be introduced in this parliament session Service tax to include two services in the negative list . All towns having a popultion of 10.400 crore towards Textile Technology Upgradation.000 of below will have an LIC branch. Many manufacturing projects stalled due to regulatory process: FM.11:49 Yahoo! Budget Live: 17% hike for education 11:49 Market Live: Allocation of 2. Banks now acts as insurance brokers Road developers such as IRB Infrastructure rose after Chidambaram proposed higher budget allocations towards building roads.
4% excise duty increase on silver TDS at 1 per cent on properties being sold for more than Rs 50 lakh.To encourage Service tax payments.000 crore to Nirbhaya Fund for safety. Cigarettes.000 in case of a male passenger and Rs 1 lakh in case of a woman passenger To allocate Rs 1. says FM. cigars to be costlier. . empowering women. FM introduces scheme that allows defaulters since 2007 to pay the amount. Vocational courses and testing activites in relation to agriculture to be exempt of service tax. SIDBI's re-financing facility to MSMEs to be doubled to Rs 10. No interest or fine would be charged. Duty free limit raised to Rs 50. SED on cigarettes hiked by 18%.000 crore.
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