Highlights of interim budget 2009-2010

• Aam Aadmi in the focus of development process
• Two new schemes-Indira Gandhi National Widow Pension and Indira Gandhi National Disability Pension schemes to be launched
• Rs. 1,31, 317 crore allocated to flagship programmes
• GDP records sustained growth of over 9 per cent for 3 consecutive years
• Rs. 953,231 crore expenditure poposed for 2009-10
• Farm Credit disbursements up 300 per cent – touch Rs. 2.5 lakh crore in 2007-08
• Rs. 65,300 crore debt waiver and relief given to 3.6 crore farmers
• Rural Infrastructure Development Fund corpus increased to Rs. 14,000 crore in 2008-09
• 60.12 lakh houses for weaker sections constructed under Indira Awaas Yojana
• 15 central universities established, 6 new iits start functioning; two more to commence this year
• Financial sector reforms strengthen regulatory mechanism of securities market
• NPAs of Public Sector Banks decline
• CPSEs turnover increases from Rs. 5,87,000 crore in 2003-04 to Rs. 10,81,000 crore in 2007-08
• Revenue deficit for 2009-10 estimated at 4 per cent and fiscal defict 5.5 per cent of gdp
• Fiscal deficit down from 4.5 per cent in 2003-04 to 2.7 per cent in 2007-08
• US $ 32.4 billion fdi received in 2007-08.
• Rs.100 crore for unique identification authority
• Defence gets Rs. 1,41,703 crore in the interim budget
• Panchayat empowerment and accountability scheme to be substaintially expanded

Source : Equity Bulls

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