Highlights of Union Budget 2011-12 (Part-V)
February 28th, 2011 - 1:58 pm ICT by ANINew 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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Tags: agricultural credit, budget allocation, cash prize, delhi school of economics, development projects, e filing, education foundation, hazardous industries, health benefits, health sector, jammu and kashmir, maulana azad, paramilitary forces, rabindranath tagore, relaxtion, rupees, skill dev, tax payers, union budget, union finance minister