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Highlights of interim budget'09

CA Nikita (Chartered Accountant) (4158 Points)

16 February 2009

Interim Budget claims UPA kept promises

Markets' thumb down interim Budget, fall by 208 pts

India to ask Holbrooke to stop US military aid to Pak

Budget begins, focuses on farms before vote

Farmers to get loan upto Rs. 3 lakh at 7%

Rs. 13,100 cr for Sarva Sikhsha Abhayan

Revenue Deficit of 4.4% against estimate of 1%

Rs.8,300 cr for mid day meal scheme

2% interest subsidy on export credit

No changes in tax in interim budget.

Rs.13,500 cr for agri revival packages

2008-09 Tax collection to exceed last year's collection.

Plan expenditure upto Rs.9.53 lakh cr

Fiscal Deficit seen at 5.5% for fy 2010

Rs.95,575 cr subsidy for frtilizers, food,oil.

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CA Nikita (Chartered Accountant) (4158 Points)
Replied 16 February 2009

Export interest subsidy extended for some sectors

Rs 6705 crore in child development schemes

Bharat Nirman to get Rs 4900 crore

Infra investmnents to be raised to 9% of GDP by 2014

JNNURM gets Rs 11842 crore

Rural jobs scheme to get Rs 30100 crore in FY 09-10

Fiscal deficit for FY 09 at 6 pc of GDP

Fertiliser subsidy has gone up to Rs 4,4863 crore in FY 08

Revised estimates of spending has gone up from Rs 7.5 lakh crore to 9.9 lakh crore

109 maiden vessels sanctioned for customs deptt

Expenditure for 08-09: Rs 750,884 crore ...Planned expenditure: Rs 2, 43,386 crore

Rs 65,300 crore in loans waived for farmers in FY 08-09

15 point programme for the welfare of minorities set up: Pranab

Turnover of PSU enterprises has grown by 80% and profits have increased by 72%.

Contribution to exchequer has recorded an increase of 86%. Loss making enterprises have come to 55 from 73

New scheme for young widows in the age group of 18 to 40 unveiled; will get priority in admission to ITIs and a stipend of Rs 500 per month

Tax GDP ratio at 12.5 % in FY 08

FDI inflow of $23.3 bn between April and Nov 08

IIFCL can raise Rs 10,000 crore; nod for additional Rs 30,000 crore

GDP growth rate of 7.1% makes India the second fastest growing country in the world

54 infra projects cleared under PPP projects with an investment of Rs 67,700 crore

FY 08 capital inflow at 9 pc of GDP

Export rate for the first nine months of this fiscal has fallen to 17.1%

Exports grew at average annual growth rate of 26.4%

Plan allocation to agri increased 300 pc during the UPA regime

Gross domestic saving rate at 37.7%

Domestic investment rate at 39% in FY 08

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Prakash Popat (3134 Points)
Replied 16 February 2009

It's Like Beautiful heroine,normal Indian can "C" only on Movies/Theaters Screen.Factually When We "C" real Glooming pictures around me in Mumbai Local Trains,Slums,I feel shame/and angry when authorties/judiciaries R not responding it's own populations from whom they Collect this big revenues,and We R passing our Current problems to Our NEXGEN, and make their lives miserable.