Highlights of union budget for 2009-10 (Fourth Lead)

July 9th, 2009 NEW DELHI - Union Railway Minister Mamata Banerjee is likely to reply to the general discussion on rail budget on Thursday in Lok Sabha. The Railway budget is still under discussion in both houses of parliament.

July 6th, 2009 NEW DELHI - Highlights of the union budget for the current fiscal presented by Finance Minister Pranab Mukherjee in the Lok Sabha Monday: - Agriculture debt waiver extended by six months - Outlay for national rural health mission increased by Rs.2,057 crore from the Rs.12,070 crore provided in the interim budget - Allocation towards National Rural Employment Guarantee Act increased by Rs.39,100 crore - Allocation for Bharat Nirman scheme increased by 45 percent - Rs.20 billion for rural housing - Rural electrification scheme to get Rs.7,000 crore more - Tax department to work on early introduction of Saral 2 forms - Stimulus for print media extended from June 13 to Dec 31 - Rs.1,000 crore to accelerate irrigation projects - Agriculture development fund increased from Rs.2.87 lakh crore to Rs.3.25 lakh crore - Market development assistance scheme for exporters increased by 148 percent to Rs.124 crore - Pre-shipment interest subvention set at 2 percent for textile exporters - Will make sufficient funds for infrastructure development - Allocation for national highways development stepped up by 23 percent - Allocation for urban poor schemes to be raised to Rs.39,730 crore in 2009-10 - LNG infrastructure to be expanded - Allocation for Jawaharlal Nehru Urban Renewal Mission raised by 87 percent to Rs.12,887 crore

July 6th, 2009 BHUBANESWAR - Orissa Chief minister Naveen Patnaik criticized the union budget presented Monday by Finance Minister Pranab Mukherjee in the Lok Sabha saying that it does not satisfy the needs of the common man. "It is seen that the union budget is broadly continuance of the existing schemes.

July 6th, 2009 NEW DELHI - Highlights of the union budget for the current fiscal presented by Finance Minister Pranab Mukherjee in the Lok Sabha Monday: - Plan expenditure up 34 percent to Rs.1,025,838 crore, non plan spend up 37 percent - Total spending increased to Rs.10.2 lakh crore - Rs.420 crore for new IITs and NITs - Commonwealth Games allocated Rs.3,472 crore - National unique identification numbers to start rolling out in 12-18 months - Paramilitary forces such as CRPF to get 100,000 homes - Banking services in under-banked areas to be increased, scheme allocated Rs.100 crore - Agriculture debt waiver extended by six months - Outlay for national rural health mission increased by Rs.2,057 crore from the Rs.12,070 crore provided in the interim budget - Allocation towards National Rural Employment Guarantee Act increased by Rs.39,100 crore - Allocation for Bharat Nirman scheme increased by 45 percent - Rs.20 billion for rural housing - Rural electrification scheme to get Rs.7,000 crore more - Tax department to work on early introduction of Saral 2 forms - Stimulus for print media extended from June 13 to Dec 31 - Rs.1,000 crore to accelerate irrigation projects - Agriculture development fund increased from Rs.2.87 lakh crore to Rs.3.25 lakh crore - Market development assistance scheme for exporters increased by 148 percent to Rs.124 crore - Pre-shipment interest subvention set at 2 percent for textile exporters - Sufficient funds for infrastructure development - Allocation for national highways development stepped up by 23 percent - Allocation for urban poor schemes to be raised to Rs.39,730 crore - LNG infrastructure to be expanded - Allocation for Jawaharlal Nehru Urban Renewal Mission raised by 87 percent to Rs.12,887 crore

July 6th, 2009 NEW DELHI - Union Finance Minister Pranab Minister on Monday presented the General Budget 2009-10 in the Parliament. The highlights of the General Budget 2009-10 are as follows: 1.

July 6th, 2009 NEW DELHI - Highlights of the union budget for the current fiscal presented by Finance Minister Pranab Mukherjee in the Lok Sabha Monday: - Tax department to work on early introduction of Saral 2 forms - Stimulus for print media extended from June 13 to Dec 31 - Rs.1,000 crore to accelerate irrigation projects - Agriculture development fund increased from Rs.2.87 lakh crore to Rs.3.25 lakh crore - Market development assistance scheme for exporters increased by 148 percent to Rs.124 crore - Pre-shipment interest subvention set at 2 percent for textile exporters - Will make sufficient funds for infrastructure development - Allocation for national highways development stepped up by 23 percent - Allocation for urban poor schemes to be raised to Rs.39,730 crore in 2009-10 - LNG infrastructure to be expanded - Allocation for Jawaharlal Nehru Urban Renewal Mission raised by 87 percent to Rs.12,887 crore There's a lot of exciting revelations speculated this afternoon, do stay with us to get the latest news, views and incisive details. and bookmark the following link: Indian Budget 2009-10 We are updating every minute.

July 6th, 2009 Every Indian is eagerly awaiting the biggest Budget ever, amidst the slowing down economy. Finance Minister Pranab Mukherjee would present Union budget for this fiscal from 11 this morning.

July 3rd, 2009 NEW DELHI - Union Railway Minister Mamata Banerjee will present a "pro-people" budget today. Talking to reporters here, Mamata said, "It will be a pro-people budget, a simple budget, people's budget." She said that she only got 15 days to work on it, as the concerned officials were busy preparing it.

July 1st, 2009 NEW DELHI - Railway Minister Mamata Banerjee on Wednesday said that the railway budget would be a "pro-people" budget. "It will be a pro-people budget, a simple budget, people's budget," Banerjee said after an all-party meeting here.

June 15th, 2009 NEW DELHI - The union budget for 2009-10 would be presented on July 6 and the railways budget three days earlier on July 3. The schedule for the budget session of parliament was decided at a meeting of the union cabinet chaired by Prime Minister Manmohan Singh before his departure for the Russian city of Yekaterinburg to attend the BRIC (Brazil, Russia, India and China) and the SCO (Shanghai Cooperation Organisation) summits.

June 15th, 2009 NEW DELHI - The union budget for 2009-10 would be presented on July 6 and the railway budget three days earlier on July 3. The dates were decided early Monday before Prime Minister Manmohan Singh's departure for the Russian city of Yekaterinburg, an official said.

May 18th, 2009 NEW DELHI - The Delhi Legislative Assembly's budget session would start from June 15 and end July 1, Chief Minister Shiela Dikshit said Monday. The state cabinet Monday recommended to Lieutenant Governor Tejendra Khanna to summon the budget session of the fourth legislative assembly from June 15.

February 15th, 2009 NEW DELHI - Following are the highlights of the interim budget presented by Minister for External Affairs Pranab Mukherjee in the Lok Sabha Monday: * In past three years, India grew by average of over 9 percent * Per capita income expanded by 4.7 percent per annum * Fiscal deficit was brought down from 4.5 percent to 2.7 percent * Revenue deficit was cut from 3.6 percent to 1.1 percent * Exports increased 26.4 percent per annum * Foreign trade increased from 27.3 percent to 35.5 percent * Tax to gross domestic product ratio expanded by 9.2 to 12.5 percent * Agriculture grew by 3.7 percent per annum

February 12th, 2009 NEW DELHI - Following are the highlights of the interim rail budget for next fiscal presented by Minister for Railways Lalu Prasad in Lok Sabha Friday: * Feasibility studies progressing well to start 'bullet trains' in India * Railways will create record surplus of Rs.900 billion (Rs.90,000 crore) this fiscal * In past five years, no burden imposed on train passengers * Railways saw 14 percent rise in passenger income * Railways managed 8 percent growth in freight loading * Drop in train accidents, railway safety enhanced * Rs.700 billion (Rs.70,000 crore) surplus ploughed back to improve efficiency * Rs.367.73 billion (Rs.36,773 crore) spent this fiscal toward productivity, passenger facilities * Railways to introduce wagons with higher capacity * Railways to spend Rs.230 billion (Rs.23,000 crore) in 2009-10 * Work has started on Delhi-Mumbai dedicated freight corridor

February 12th, 2009 NEW DELHI - Following are the highlights of the interim rail budget for next fiscal presented by Railway Minister Lalu Prasad in Lok Sabha Friday: * Railways will create record surplus of Rs.900 billion (Rs.90,000 crore) this fiscal * In past five years, no burden imposed on train passengers * Railways managed 8 percent growth in freight loading * Drop in train accidents, railway safety enhanced