Highlights Of Interim Budget 2009-2010

INTERIM BUDGET-2009-2010



· AAM AADMI IN THE FOCUS OF DEVELOPMENT PROCESS

· TWO NEW SCHEMES-INDIRA GANDHI NATIONAL WIDOW PENSION AND INDIRA GANDHI NATIONAL DISABILITY PENSION SCHEMES TO BE LAUNCHED

· RS. 1,31, 317 CRORE ALLOCATED TO FLAGSHIP PROGRAMMES

· GDP RECORDS SUSTAINED GROWTH OF OVER 9 PER CENT FOR 3 CONSECUTIVE YEARS 

· RS. 953,231 CRORE EXPENDITURE POPOSED FOR 2009-10 

· FARM CREDIT DISBURSEMENTS UP 300 PER CENT – TOUCH RS. 2.5 LAKH CRORE IN 2007-08

· RS. 65,300 CRORE DEBT WAIVER AND RELIEF GIVEN TO 3.6 CRORE FARMERS

· RURAL INFRASTRUCTURE DEVELOPMENT FUND CORPUS INCREASED TO RS. 14,000 CRORE IN 2008-09

· 60.12 LAKH HOUSES FOR WEAKER SECTIONS CONSTRUCTED UNDER INDIRA AWAAS YOJANA

· 15 CENTRAL UNIVERSITIES ESTABLISHED, 6 NEW IITs START FUNCTIONING; TWO MORE TO COMMENCE THIS YEAR

· FINANCIAL SECTOR REFORMS STRENGTHEN REGULATORY MECHANISM OF SECURITIES MARKET

· NPAs OF PUBLIC SECTOR BANKS DECLINE

· CPSEs TURNOVER INCREASES FROM Rs. 5,87,000 CRORE IN 2003-04 TO RS. 10,81,000 CRORE IN 2007-08

· REVENUE DEFICIT FOR 2009-10 ESTIMATED AT 4 PER CENT AND FISCAL DEFICT 5.5 PER CENT OF GDP

· FISCAL DEFICIT DOWN FROM 4.5 PER CENT IN 2003-04 TO 2.7 PER CENT IN 2007-08

· US $ 32.4 BILLION FDI RECEIVED IN 2007-08.

· RS.100 CRORE FOR UNIQUE IDENTIFICATION AUTHORITY

· DEFENCE GETS RS. 1,41,703 CRORE IN THE INTERIM BUDGET

· PANCHAYAT EMPOWERMENT AND ACCOUNTABILITY SCHEME TO BE SUBSTAINTIALLY EXPANDED