Indian Budget 2010-11 Highlights, Webcast and pdf Format

by khalid on 26/02/2010 · 3 comments

Indian Union Budget 2010-11 Highlights are as follows :-
1. Additional Rs 1,65,000 Crs for bank re-capitalisation
2. Rs 3000 Crs for agricultural impetus
3. Farm loan payments to be extended for six months
4. Fertiliser subsidy to be reduced
5. Rs 100 Cr woman farmer fund scheme
6. Coal regulatory authority to be set up
7. Clean energy fund to be established
8. Interest subvention of 2% to be extended for handicrafts and SMEs
9. Rs 200 Crs for Tamilnadu textile sector
10. India faces a challenge of reverting to double digit growth
11. Economy can achieve GDP growth of 10%
12. Intrest subvention for housing loans up to 1 lacs
13. Allocation to defence raised to Rs 1.47 lac Crs
14. Defence capex raised to Rs 60000 Crs
15. Hope to implement Direct Tax Code from April 2011
16. GST to be implemented from 2011
17. Divestment target of Rs 25,000 Crs
18. Rs 1200 Crs assistance for drought in Bundelkhand
19. Rs 48000 Crs for Bharat Nirman
20. NREGA scheme allocation raised to Rs 41000 Crs
21. Allocation to health Rs 22,300 Crs
22. Allocation for school education up from Rs 26800 Crs to Rs 31036 Crs
23. Allocation to power sector at Rs 5130 Crs
24. Rs 10,000 Crs allocated for Indira Awaas Yojna
25. Social Security Fund to have corpus of over Rs 1000 Crs
26. Rs 2400 Crs for MSMEs
27. Government to contribute Rs 1000 per month for pension security
28. Rs 5400 Crs allocated for urban development
29. Rs 66100 Crs allocated for rural development
30. Rs 1900 Crs allocated for UID project
31. Gross tax receipts Rs 7.46 lac Crs
32. Govt to set up National Mission for delivery of justice
33. 15% rise in planned expenditure
34. Fiscal deficit target of 5.5% in FY11
35. Excise on all non smoking tobacco raised
36. Televisions to be costlier
37. Mobile phones to become cheaper
38. Cement to be costlier
39. Refrigerators to be costlier
40. Jewellery to be more expensive
41. Monorail granted project import status
42. CDs to be cheaper
43. Excise duty on CFL halved to 4%
44. Customs duty on Gold and Platinum hiked
45. Service Tax rates unchanged
46. More services to be brought under tax net

Here is the Webcast of Indian Union Budget 2010-11 provided by the Government online.

Here is the pdf Format of speech of Finance Minster Pranab Mukerjee introducing the Indian Union Budget on 26th February 2010.

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{ 2 comments… read them below or add one }

infopediaonlinehere March 6, 2010

This budget is a boon for investors


khalid March 7, 2010

Rightly said buddy its a boon but only for upper circles and not for aam aadmi, and it is evident from new income tax slabs where a man of three lakh income has get nothing from this budget.


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