Union Budget 2013-2014: Drinking Water and Rural Development..!

􀂉􀂉  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…

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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…

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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…

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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…

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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…

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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-…

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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 …

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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 …

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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…

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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…

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