• Government committed to achieve fiscal deficit of 4.1% for 2014-15. • Subsidy Regime to be made more targeted for full protection to the marginalized, poor and SC/ST. • Government to promote FDI selectively in sectors. • Rs 1000 crore provided for Pradhan Mantri Krishi Sinchayee Yojna. • Rs 500 crore for “Deen Dayal Upadhyaya Gram Jyoti Yojana”. • Rs. 150 crores for increasing safety of women in large cities. • Swachh Bharat Abhiyan to cover every household with Sanitation facility by the year 2019. • Aiims like institutions in Andhra Pradesh, West Bengal, Vidarbha in Maharashtra and Poorvanchal in UP. • 5 IIMs to be opened in HP, Punjab, Bihar, Odisha and Rajasthan. • Sustainable growth of 4% in agriculture to be achieved. • Rs.500 crore “Price Stabilization Funds” for mitigating the risk of price volatility in agriculture produce. • Development of industrial corridors with emphasis on smart cities linked to transport connectivity. • Skill india to be launched to skill the youth with an emphasis on employability and entrepreneur skills. • Scheme for development of new airports in Tier I and Tier II cities to be launched. • Target of NH construction of 8500 km in current financial year. • General budget 2014-15 a further sum of Rs. 1000 crore to meet requirement for One rank One pension. • Rs 200 crore provided for the statue of unity (National Project). • Rs 500 crore provided for developing 5 tourist circuits around Specific themes. • Rs 2037 crores provided for integrated ganga conservation Mission “Namami Gange”. • Rs 100 crore for ghat development and beautification at Kedarnath, Haridwar, Kanpur, Varanasi, Allahabad, Patna, Delhi. • Rs. 200 crore for power reforms and rs. 500 crore for water reforms to make delhi a truly world class city. • Rs 500 crore provided to support kashmiri migrants for rebuilding their lives. • Personal income-tax exemption limit raised by Rs. 50,000; • Investment limit under section 80c of income-tax act raised to Rs. 1.5 lakh. • Deduction limit on account of interest on loan in respect of self occupied house property raised from Rs.1.5 lakh to Rs.2 lakh. • Government committed to implement gst at the earliest. Issues raised by the states to be resolved. Budget highlights • Government committed to achieve fiscal deficit of 4.1% for 2014-15. • Subsidy Regime to be made more targeted for full protection to the marginalized, poor and SC/ST. • Government to promote FDI selectively in sectors. • Rs 1000 crore provided for Pradhan Mantri Krishi Sinchayee Yojna. • Rs 500 crore for “Deen Dayal Upadhyaya Gram Jyoti Yojana”. • Rs. 150 crores for increasing safety of women in large cities. • Swachh Bharat Abhiyan to cover every household with Sanitation facility by the year 2019. • Aiims like institutions in Andhra Pradesh, West Bengal, Vidarbha in Maharashtra and Poorvanchal in UP. • 5 IIMs to be opened in HP, Punjab, Bihar, Odisha and Rajasthan. • Sustainable growth of 4% in agriculture to be achieved. • Rs.500 crore “Price Stabilization Funds” for mitigating the risk of price volatility in agriculture produce. • Development of industrial corridors with emphasis on smart cities linked to transport connectivity. • Skill india to be launched to skill the youth with an emphasis on employability and entrepreneur skills. • Scheme for development of new airports in Tier I and Tier II cities to be launched. • Target of NH construction of 8500 km in current financial year. • General budget 2014-15 a further sum of Rs. 1000 crore to meet requirement for One rank One pension. • Rs 200 crore provided for the statue of unity (National Project). • Rs 500 crore provided for developing 5 tourist circuits around Specific themes. • Rs 2037 crores provided for integrated ganga conservation Mission “Namami Gange”. • Rs 100 crore for ghat development and beautification at Kedarnath, Haridwar, Kanpur, Varanasi, Allahabad, Patna, Delhi. • Rs. 200 crore for power reforms and rs. 500 crore for water reforms to make delhi a truly world class city. • Rs 500 crore provided to support kashmiri migrants for rebuilding their lives. • Personal income-tax exemption limit raised by Rs. 50,000; • Investment limit under section 80c of income-tax act raised to Rs. 1.5 lakh. • Deduction limit on account of interest on loan in respect of self occupied house property raised from Rs.1.5 lakh to Rs.2 lakh. • Government committed to implement gst at the earliest. Issues raised by the states to be resolved.
Posted on: Thu, 10 Jul 2014 09:30:29 +0000
Trending Topics
Recently Viewed Topics
© 2015