Highlights of Union Budget 2011-12 (Part-V)

February 28th, 2011 - 1:58 pm ICT by ANI  

New Delhi, Feb 28 (ANI): Union Finance Minister Pranab Minister on Monday presented the Union Budget 2011-12 in the Parliament.

Highlights of Union Budget 2011-12 are as follows:

* Allocation to health sector raised by 20 pct to 267.6 billion rupees in 2011/12

* Nine lakh ex gratia payment for disabled defence personnel

* 50 more mega food parks proposed

* Allocation for farm development increased

* Agricultural credit limit raised to Rs 4,75,000 crore

* Budget allocation of Rs 150 crore for Jammu for implementation of projects identified by taskforce

* 8000 crore assigned for Jammu and Kashmir for development projects

* A ward to promote international botherhood to be introduced in the name of Rabindranath Tagore with cash prize of 1 crore

* Funds of Rs 25 crore and 30 crore for naxal affected areas

* Rs Nine lakh compensation to be given to men of defence and Central paramilitary forces for permanent disability and discharged from service

* Propose 300 crore to modernise stamp and registration in states

* Relaxtion in e-filing norms for small tax payers

* Workers in hazardous industries, such as mining and slate, will get health benefits

* Rs 5,000 crore to be provided to National Skill Dev Council

* Rs 10-crore grant for Delhi School of Economics, Rs 200 core for Maulana Azad Education Foundation and Rs 200 crore as one-time grant to IIT-KGP.

* New series of coins with new rupee symbol to be introduced. (ANI)

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