Budget Highlight .... LIVE! FM says to introduce amendments to Mining Act In order to complete gas grid, 15,000 km of additional pipeline to be developed: FM New airports to be developed through PPP model: FM Ultra modern power projects to be taken up in Rajasthan, Tamil Nadu, Ladakh with Rs 500 crore Rs 4,200 crore set aside for Jal Marg Vikas project on River Ganga connecting Allahabad to Haldia: FM Rs 37,800 crore for NHAI and State Highways and Rs 3,000 crore for roads in North East: FM Rs 11,000 crore for development of ports: FM FM proposes to set up `hastkala academy` for revival of handicraft, Rs 30 crore set aside Rs 200 crore for 6 more textile clusters in Rae Bareily, Lucknow, Surat, Bhagalpur National industrial corridor to be set up with corpus of Rs 100 crore: FM MSMEs are backbone of economy; to be revived through a Committee: FM Effective steps to be taken to revive SEZs: FM Apprentice Act to be suitably amended to strengthen Apprentice Training Scheme: FM FM proposes to set up Industrial Smart Cities in 7 cities All govt departments, ministries to be integrated through e-platform by December 31, 2014 Rs 100 crore for Kisan Television to provide real time information on various farming and agriculture issues FM allocates funds for setting up 2000 producers` organisations across the country Rs 5,000 crore short time rural credit refinance fund for 2014-15: FM Additional tax incentives for housing loan: Jaitley Fiscal deficit to be brought down from 4.1 to 3.6 percent: Jaitley Govt will initiate scheme to provide a soil health card; Rs 100 crore set aside FM proposes to provide finance to 5 lakh landless farmers through NABARD Manufacturing units will be allowed to sell their products through retail and e-commerce: Jaitley FM proposes to set up National Adaption Fund for climate change Rs 100 crore has been allocated for modernisation of Madrasas Rs 15,000 crore allocated for urban renewal, which will address drinking water, use of recycled water Metro projects for cities with over 20 lakh population must begin now: FM Rs 100 crore set aside for Community Radio Centres: FM FM proposes National Rural Internet and Technology Mission; Rs 500 crore set aside FTII Pune will be accorded the status of institute of national importance: Jaitley Jaitley announces Crisis Management Center for women at Delhi Five more IITs and five more IIMs will be set up: Arun Jaitley Iraq crisis having impact on oil prices: FM Jaitley proposes 12 more Government Medical colleges with dental facilities Rs 3,600 crore set aside for National Rural Drinking Water: FM Propose to set up 4 more AIIMS; Rs 500 crore set aside for this: FM FM announces Backward Regional Grant Fund to address inter regional inequalities FM proposes National Housing Banking programme; sets aside Rs 8,000 crore for this programme School curriculum to have new chapter on gender sensitisation: FM MNREGA will be made more productive. It will be linked to agriculture-related activities: FM Rs 100 crore will be spent on women safety in large cities: FM 15 new Braille presses to be established and revival of 10 existing announced FM proposes to set up a committee to examine how unused money in postal schemes can be utilised EPFO will launch a unified account scheme for portability of Provident Fund accounts: Jaitley Rs 200 crore set aside to support Gujarat govt in Sardar Patel statue installation: Jaitley Govt committed to providing 24/7 power supply to all homes: FM FM proposes to launch Swach Bharat Abhiyaan `Pradhanmantri krishi sichayin yojana` to be started for irrigation We must continue to be watchful of CAD: FM A national multiscale programme called Skill India to be introduced to provide training and support for employment: FM There is urgent need to generate more resources: FM e-visas will be introduced in a phased manner at 9 airports in India: Jaitley Indian citizen will hold shares in public sector banks directly rather than indirectly at present: FM Should we allow economy to suffer because of indecisiveness and populism: Jaitley Will examine proposal to give additional autonomy to banks and make them more responsible: FM Financial stability is the foundation of our recovery: FM Norms eased for low-cost housing FM raises FDI in defence manufacturing to 49% The Finance Minister proposes measures to encourage development of smart cities All future cases arising out of retro amendment will be scrutinised by high level committee: FM India needs boost in manufacturing sector: FM Anti-poverty programmes will be targeted well: Jaitley Policy of NDA govt is to promote FDI selectively where it helps Indian economy: FM Will leave no stone unturned to create a vibrant India: FM A new Urea policy would be formulated: Jaitley I propose to strengthen authority for advance ruling in tax: Finance Minister We wish to provide an investment friendly taxation system: Arun Jaitley We are targetting 7-8% growth rate: Jaitley Tax GDP ratio should be improved and non tax revenues increased: Arun Jaitely Slow decision making has resulted in loss of opportunity: Jaitley No option but to take some bold steps to spurt economy: Jailtey Target of 4.1% fiscal burden is daunting: Finance Minister The task before me today is very challenging; need to revive growth in manufacturing sector: Jaitley The steps I will announce are beginning of journey we wish to take for macro economic stabilisation: Jaitley There are green shoots of recovery in global economy, says Jaitley People have voted for a change; India desires to grow: Jaitley Finance Minister Arun Jaitley presents Budget 2014-15 Cabinet approves Union Budget for 2014-15 Finance Minister Arun Jaitley briefs Union Cabinet on Budget 2014-15
Posted on: Thu, 10 Jul 2014 06:49:48 +0000
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