Highlights of union budget for 2009-10 (Second Lead)
July 6th, 2009 - 1:27 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:
- Agriculture debt waiver extended by six months
- Outlay for national rural health mission increased by Rs.2,057 crore from the Rs.12,070 crore provided in the interim budget
- Allocation towards National Rural Employment Guarantee Act increased by Rs.39,100 crore
- Allocation for Bharat Nirman scheme increased by 45 percent
- Rs.20 billion for rural housing
- Rural electrification scheme to get Rs.7,000 crore more
- 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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