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  • Budget has many schemes for common man


    Delhi: In keeping with the United Progressive Alliance (UPA) government’s ‘inclusive growth’ mantra, Finance Minister Pranab Mukherjee Monday announced a slew of schemes for the aam aadmi (common man). The major measures announced in his union budget for 2009-10 are:

    - Allocation towards National Rural Employment Guarantee Act increased by Rs.39,100 crore

    - Agriculture debt waiver extended by six months

    - Outlay for national rural health mission increased by Rs.2,057 crore from the Rs.12,070 crore provided in the interim budget

    - Allocation for Bharat Nirman scheme increased by 45 percent

    - Rs.20,000 crore for rural housing

    - Rural electrification scheme to get Rs.7,000 crore more

    - Agriculture development fund increased from Rs.2.87 lakh crore to Rs.3.25 lakh crore

    - Allocation for urban poor schemes to be raised to Rs.39,730 crore

    - LNG infrastructure to be expanded

    - National Housing Bank to get Rs.2,000 crore for rural housing funds

    Higher education outlay increased by Rs.2,000 crore over interim budget

    - Income tax exemption limit for senior citizens increased by Rs.15,000, for women and others by 10,000 each

    - Duties on life saving drugs reduced

    - Allocation for the minority affairs ministry raised to Rs.1,740 crore

    - Banking services in under-banked areas to be increased, scheme allocated Rs.100 crore

    - Rs.1,000 crore to accelerate irrigation projects

    - Allocation for Jawaharlal Nehru National Urban Renewal Mission raised by 87 percent to Rs.12,887 crore

    Courtesy : Mathrubhumi Daily

    6 July 2009 · Filed under Agriculture, India
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