Indian Union Budget and budget's highlights,general budget Business News: Highlights of Budget presented by Finance India's GDP growth in expected to be per cent +/- per cent. Party, INC. Website, Official Site. ‹ · ›. The Union Budget of India for – was presented by Finance Minister, P. Chidambaram.
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Indian Union Budget
Financial package of Rs. Various other agricultural activities merged into 5 missions.
Target for agricultural credit raised to Rs. Interest subvention for short-term crop loans to farmers at 7 per cent interest continues; additional 3 per cent for prompt paying farmers.
Provisions under rural housing fund increased to Rs.
Interest subvention of 1 percent on housing loans uptoRs. AIBP allocation raised by 13 per cent to Rs. Scheduled Caste Sub Plan allocation increases by 18 per cent to Rs.
Multi-sectoralprogramme to address maternal and child malnutrition in high burden districts. Rural drinking water and sanitation gets 27 per cent rise in allocation to Rs.
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- Highlights of Union Budget 2012-13
Projects covering length of km to be awarded under NHDP against 7, km during November 12, Income tax exemption limit raised from Rs. Rest likely to be covered indian budget 2012 13 March 31, Allocation for the scheme increased to '1, crore in from ' crore in Additional subvention of 3 per cent available for prompt paying farmers.
To become operational by December, This will also enhance their remuneration. No New polio case reported in last one year.
Kisan credit cards can be used at ATMs. Agri credit target for FY13 seen at Rs 5. Rs crore for indian budget 2012 13 irrigation programme.
New public distribution system by Dec Pranab allows direct import of jet aviation fuel. Interest subvention of 3 per cent for farmers who repay loan on time. Foreign funds allowed for cheap housing.
UNION BUDGET & ECONOMIC SURVEY
FDI welcome in defence manufaturing. Infra sector to open up for foreign investments. IPOs over Rs 10 cr through electronic route.