Highlights of union budget for 2009-10 (Third Lead)
July 6th, 2009 - 2:02 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:
- Plan expenditure up 34 percent to Rs.1,025,838 crore, non plan spend up 37 percent
- Total spending increased to Rs.10.2 lakh crore
- Rs.420 crore for new IITs and NITs
- Commonwealth Games allocated Rs.3,472 crore
- National unique identification numbers to start rolling out in 12-18 months
- Paramilitary forces such as CRPF to get 100,000 homes
- Banking services in under-banked areas to be increased, scheme allocated Rs.100 crore
- 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
- 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
- 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, budget allocation, commonwealth games, crpf, debt waiver, infrastructure development, interim budget, irrigation projects, jawaharlal nehru, Lok Sabha, national highways, national rural health, national rural health mission, paramilitary forces, plan expenditure, pranab mukherjee, rural electrification, textile exporters, union budget