Rs. 15,260 crore allocated to Ministry of Drinking Water and Sanitation. Rs. 1,400 crore provided for setting-up of water purification plants in 2000 arsenic - and 12000 fluoride-affected rural habitations. Rural Development Allocation of Rs. 80,194 crore in 2…
Union Budget 2013-2014: AGRICULTURE Green Revolution.!
Average annual growth rate of agriculture and allied sector was 3.6% during XI Plan against 2.5% and 2.4% in IX and X plans respectively. In 2012-13, total food-grain production will be over 250 million tonnes. Minimum support price for every agricultural produce has i…
Union Budget 2013-2014: SC, ST, Women and Children, Minorities, Disabled Persons..!
Allocations for Scheduled Caste Sub Plan and Tribal Sub Plan increased substantially over the allocations of the current year. Funds allocated to these Sub Plans cannot be diverted. Rs. 97,134 crore allocated for programmes relating to women and Rs. 77,236 crore allocat…
Union Budget 2013-2014: Health and Education
Health for all and education to all remains priority. Rs. 37,330 crore allocated to the Ministry of Health & Family Welfare. New National Health Mission will get an allocation of Rs. 21,239 crore. Rs. 4,727 crore for medical education, training and re…
Union Budget 2013-2014: Fiscal Deficit, Current Account Deficit and Inflation
Union Budget 2013-2014: Fiscal Deficit, Current Account Deficit and Inflation The purpose of Budget to create economic space and find resources to achieve the objective of inclusive development. Dr Vijay Kelkar Committee made its recommendations to Government in Septemb…
Union Budget 2013-2014: THE PLAN AND BUDGETARY ALLOCATIONS..!
Revised Estimates (RE) of the expenditure in 2012-13 at 96 % of the Budget Estimates (BE) due to slowdown and austerity measures. During 2013-14, BE of total expenditure of Rs. 16,65,297 crore and of Plan Expenditure at Rs. 5,55,322 crore. Plan Expenditure in 2013-…
Union Budget 2013-2014: THE ECONOMY AND THE CHALLENGES
“ Kalangathu Kanda Vinaikkan Thulangkathu Thookkang Kadinthu Seyal” (What clearly eye discerns as right, with steadfast will And mind unslumbering, that should man fulfil) - Saint Tiruvalluvar THE ECONOMY AND THE CHALLENGES Getting back to potential growth rate of 8 % is the …
Union Budget 2013-2014: Real Estate Sector, Positive and Negative Sides..
Reaction
to Union Budget 2013-2014 - by Mr.Anuj Puri, JLL India Realistic, But Otherwise
No ‘Real’ Implication ..! We did not expect this budget to be a
game-changer. The realities of the Indian economic
situation need to viewed in context with the factors that drive it, not …
Union Budget 2013-14: Additional Rs. 1 Lac Housing Loan Interest Deduction...!
Additional Rs. 1 lakh
Housing Loan Interest Deduction Under Section 80 EE in Budget 2013-14..! * The
amount of home loan sanctioned for acquisition of the residential house
property does not exceed Rs. 25 lakh * The value of the residential house property
does not exceed Rs…
Union Budget 2013-14: Pune developers Reactions..!
Mr. Kishor Pate, CMD - Amit Enterprises Housing Ltd " It was not an impressive budget,
especially for real estate. While the additional income tax deduction of Rs.1
lakh for housing loans up to Rs. 25 lakh taken by first-time house buyers is
positive, the fact is that i…