Highlights of union budget for 2009-10 (Lead)
July 6th, 2009 - 1:05 pm ICT by IANS
New Delhi, July 6 (IANS) Highlights of the union budget for the current fiscal presented by Finance Minister Pranab Mukherjee in the Lok Sabha Monday:
- Tax department to work on early introduction of Saral 2 forms
- Stimulus for print media extended from June 13 to Dec 31
- Rs.1,000 crore to accelerate irrigation projects
- Agriculture development fund increased from Rs.2.87 lakh crore to Rs.3.25 lakh crore
- Market development assistance scheme for exporters increased by 148 percent to Rs.124 crore
- Pre-shipment interest subvention set at 2 percent for textile exporters
- Will make sufficient funds for infrastructure development
- Allocation for national highways development stepped up by 23 percent
- Allocation for urban poor schemes to be raised to Rs.39,730 crore in 2009-10
- LNG infrastructure to be expanded
- Allocation for Jawaharlal Nehru Urban Renewal Mission raised by 87 percent to Rs.12,887 crore
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Tags: agriculture development, assistance scheme, crore, development assistance, finance minister, infrastructure development, irrigation projects, jawaharlal nehru, Lok Sabha, national highways, New Delhi, pranab mukherjee, rs 1, rs 2, stimulus, textile exporters, union budget, urban renewal