Budget Highlights - 11


Posted on 28th Feb 2015 01:08 pm by mohit kumar

* Adequate provision for defence with Rs.246,727 crore earmarked this year

* Fully IT-based student-help facility for needy students

* Eastern states to be given opportunity to develop faster. Special boost to Bihar and West Bengal as in the case of Andhra Pradesh and Telangana

* Good progress in DMIC corridor and other infra-projects. Rs.1,200 crore earmarked and additional funds if pace of work picks up on ongoing projects

* Procurement law to be drawn up to ensure transparency and remove corruption

* Centenary of Deen Dayal Upadhyay to be celebrated; committee for this to be set up soon

* During 2015-16 AIIMS-like institutes to be set up in Jamu and Kashmir, Punjab, Tamil Nadu and Himachal Pradesh; Bihar to get second AIIMS-like institution

* Karnataka to get an IIT; Indian School of Mines in Dhanbad to be upgraded to IIT

* Good progress being made on Digital India

* To discourage transactions in cash, Rupee debit card to incentivise credit transactions

* In line with 'Act East Policy', steps to catalyse investment in this sector through a project development company to oversee investments in Cambodia, Laos and Vietnam



* Tourism has increased after Visa on Arrival introduced for 43 countries. This facility to be increased to 150 countries in different stages



* Public Debt Management Agency to be created to strengthen the bond market



* Gold Monetisation Scheme to be introduced; sovereign gold bonds to be introduced; working on developing Indian gold coin with Ashok Chakra on face



* Vision of making India cashless society



* Foreign Investment in alternative investment funds to be permitted



* Ports in public sector to be encouraged to utilise land under their control



* Make India investment-destination by streamlining permission procedures



* Five ultra-mega power projects each of 4,000 MW to be set up



* MGNREGA allocation to be enhanced by Rs.5,000 crore, if additional funds available



* Integrated education and livelihood scheme to be launched



* "The Everlasting Flame" exhibition on Parsis to be launched



* National investment and infrastructure fund to be launched with corpus of Rs.20,000 crore to generate more funds



* Innovation initiative to be launched in NITI Aayog in the name of former prime minister Atal Bihari Vajpayee



* Government committed to increasing access of people to the banking system



* Universal social security system for all Indians, especially poor and disadvantaged sections



* Atal Pension Yojna for economically disadvantaged



* PPF and EPF corpus to be utilised for senior citizens' welfare fund



* Physical aids and assisting devices for physically challenged senior citizens



* Main challenges: increasing agricultural production; increasing investment in infrastructure; with manufacturing declining, Make in India will create jobs; cooperative federalism



* Agriculture credit targetted at Rs.8.5 lakh crore



* Rural jobs scheme to get Rs.34,699 crore; Every poor to get a job



* To work with NITI Aayog for creating a National Agricultural Market



* Need well-targeted system for subsidies.



* Direct transfer of subsidy to LPG consumers



* Appeal to well-off consumers to surrender subsidised LPG connections



* Organic farm schemes of agriculture ministry to be supported



* 'Per drop More crop' scheme for better irrigation



* Three achievements - Jan Dhan Yojna, coal auctions, Swachh Bharat



* Two more gamechanging reforms: Goods and Services Tax, JAM trinity (Jan Dhan Yojna, Aadhar, Mobile number) to ensure transparency



* Our achievement to conquer inflation, CPI inflation at five percent by year-end



* GDP growth at 7.4 percent in 2014-15 and at 8-8.5 percent in 2015-16; double-digit growth feasible



* We are in an economic environment far more positive than in the recent past



* Undertaken several significant steps to energise the Indian economy in last nine months



* India's chance to fly



* Budget proposals lay down roadmap for economic growth.

0 Like 0 Dislike
Previous news Next news
Other news

Delhi NCR Weather: The weather pattern changed again in Delhi NCR, drizzling started

The weather patterns have changed once again in Delhi NCR. A drizzle has started in many areas of

Black money bill likely to be tabled on Friday

New Delhi, March 19 (IANS) The Lok Sabha is likely to tak

Techie arrested for killing friend's wife in Bengaluru

Bengaluru, March 2 (IANS) A young techie was arrested on Monday for murdering his friend's wife

US Attacks Iran: After the US attack, PM Modi called the President of Iran, he told what happened between the two

The Israel-Iran conflict has reached a very dangerous point. On Sunday morning, the US attacked I

Yoga sessions for central Government employees from April 1

New Delhi, March 20 (IANS) The Department of Personnel and Training (DoPT) will organise yoga t

Assembly elections may be held in Jammu and Kashmir in November-December, voter lists will be ready from next month in 90 areas

The final order of the Delimitation Commission has become fully effective. The commission's repor

Brahmos missile agreement to be signed in a few months

India has so far been buying most of the missiles and defense weapons from other countries. But,

LockDown Day 4: What opened and closed in Delhi after May 17, 5 lakh people gave suggestions

New Delhi: Nearly five and a half lakh Delhiites have expressed their hearts to the suggestion ma

India-Japan will not be included in the security alliance of America, Australia, and Britain, the aim is to surround China in the Indo-Pacific

The US has ruled out adding India or Japan to a new trilateral security partnership with Australi

One Plus's best battery phone launch, know what is the price

OnePlus 10R 5G On Amazon: Back to back new smartphones are being launched in the market. OnePlus

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash