Interim Budget may slash education, health outlays

With the government focusing on ways to battle slowdown by providing stimulus to the industry, some of the sectors like the higher education and the health are likely to be pushed to the back-burner in the interim Budget to be presented in the Lok Sabha tomorrow.Ahead of the general elections, UPA government's interim Budget is likely to provide more focus on sectors like rural development and infrastructure facilities like roads and ports.According to indications, the allocations for the health and the education sectors are likely to be retained at the 2008-09 levels in the next fiscal.In the Budget for 2008-09, the government had increased the outlay for the health and the education by 15 per cent to Rs 15,580 crore and 20 per cent to Rs 34,400 crore respectively.While the allocation for these two sectors are likely to remain unchanged, the outlay for IITs is expected to be curtailed from Rs 1,171 crore during 2008-09 to about Rs 800 crore in the next fiscal.The outlay for the flagship programmes of the UPA government, which include the Bharat Nirman, the Sarva Shiksha Abhiyan and the National Rural Employment Guarantee Scheme, is likely to increase by Rs 33,000 crore to Rs 1,23,000 in the interim Budget.

Replies (1)

thanx for sharing

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
30 October 2026
Asst Manager Accounts

Goodwin Pumps India Pvt Ltd

Chengalpattu

CA Inter

View Details
Company
31 October 2026
Accountants

sankaran and krishnan

New Delhi

B.Com

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details