UNION BUDGETUnion budget is a financial event that outlines all the economic planning of the government.
REVENUE
2009-10 2010-11 2011-12 2012-13 2013-140
200000
400000
600000
800000
1000000
1200000
revenue receipts in cr capital receipts in cr
EXPENDITURE
2009-10 2010-11 2011-12 2012-13 2013-140
200000
400000
600000
800000
1000000
1200000
Plan expenditure in cr Non Plan expenditure in cr
DEFICITRevenue
deficit in cr; 379838
Fiscal deficit in cr;
542499
primary deficit in cr;
171814
Revenue deficit in crFiscal deficit in crprimary deficit in cr
Cont……….
• All branches of public sector banks to have ATM by 31.3.2014
• 6,000 crore to Rural Housing Fund in 2013-14.• National Housing Bank to set up Urban
Housing Fund. • All towns of India with a population of 10,000
or more will have an office of LIC.
Capital market
• Proposal to amend the SEBI Act.• Number of proposal finalised in consultation
with SEBI.
Cont……….
• annual growth rate of agriculture• food-grain production• to allocate `27,049 crore to the Ministry of
Agriculture• Agricultural research provided ` 3,415 crore• For 2013-14, target of agricultural credit kept
at 7 lakh crore
Green Revolution
●Bringing green revolution to eastern India●to allocate `500 crore to start a programme of crop diversification.● To Provide `9.9K Crore For The Rashtriya Krishi Vikas Yojana.●2,250 crore for the National Food Security Mission
Cont……….
• Focus on Small and marginal farmers.• start a pilot programme on Nutri-Farms.• Establishment of National Institute of Bio tech Stress Management.• Establishment of Indian Institute of
Agricultural Bio-technology
• attract domestic investors and foreign investors.
• Infrastructure Debt Funds (IDF) will be encouraged.
• India Infrastructure Finance Corporation Ltd (IIFCL), in partnership with the Asian Development Bank.
• NABARD operates the Rural Infrastructure Development Fund
Road Construction• A regulatory authority for road sector.• 3000 kms of road projects in Gujarat, Madhya
Pradesh, Maharashtra, Rajasthan• and Uttar Pradesh will be awarded in the first
six months of 2013-14.
Cont……….
• allocate `1,069 crore to the Department of AYUSH.
• provide a sum of `1,650 crore for AIIMs institutions.
• provide `4,727 crore for medical education, training and research.
• 150 crore provided for National Programme for the Health Care of Elderly
• allocate `65,867 crore to the Ministry of Human Resource Development.
• . Investment in the Rashtriya Madhyamik Shiksha Abhiyan (RMSA).
• The reconstruction of the Nalanda University.
FOR POOR• To the poor of India direct benefit
transfer scheme will be rolled out with the motive “Äapka paisa aapke haath”.
• to continue the Technology Upgradation Fund Scheme (TUFS) for the textile sector.
• Introduce Integrated Processing Development Scheme.
• Investment in handloom sector.• allocate an additional sum of `96 crore in 2013-
14 to the Ministry of Textiles for interest subvention.
MISCELLANEOUS• BroadcastingAll cities having a population of more than 1,00,000 will be covered by private FM radio services.• SportsNational Institute of Sports Coaching to be set up at Patiala
Cont……….• Post Offices Post offices to become part of the core banking solution• Panchayati Raj Budget allocation of Rajiv Gandhi Panchayat Sashaktikaran Abhiyan (RGPSA)