Friday, February 29, 2008

Highlights budget 2008 2009 chidambaram

Presenting to you the highlights of union budget 2008 2009 of india presented bu p chidambaram the FM of india.

* NREGA scheme to be rolled out in all the 596 rural districts in the country in 2008-09.
* Jawaharlal Nehru Urban Renewal Mission to get Rs 6,865 crore this year against Rs 5,482 crore past year.
* Allocation for Rajiv Gandhi Drinking Water Mission to be increased to Rs 7,300 crore. Rs 200 crore for potable water in schools.
* Rs 300 crore to be set aside for desalination plant in Chennai for drinking water.
* Rs 500 crore for identifying urgent needs of development programmes of border areas like Arunachal Pradesh.
* SC, ST and minority students to continue to get special attention.
* Allocation for several schemes in North East raised from Rs 14,365 crore to Rs 16,400 crore.
* Rs 75 crore sanctioned for Rajiv Gandhi National Fellowship Programme for SC/ST students pursuing M.Phil.
* Rs 230 crore will be extended as additional equity to developmental organisations looking after the welfare of SC,
* ST, socially and economically backward classes and minorities.
* Allocation for Minority Affairs Ministry to be doubled from Rs 500 crore to Rs 1,000 crore.
* Rs 540 crore for multi-sectoral development plan for minority concentration districts.
* 288 public sector bank branches to be opened in districts having minority community concentration.
* Sarva Shiksha Abhiyan will be provided Rs 13,100 crore, Mid Day Meal scheme Rs 8,000 crore, Secondary education Scheme Rs 4,554 crore.
* 410 additional Kasturba Gandhi Vidyalaya to be set up in backward blocks.
# Navodaya Vidyalayas to be opened in 20 districts with special focus on regions having SC/ST concentration.
# Allocation of Rs 130 crore for this purpose. Rs.750 crore more to be given for merit scholarship to students up to 10th and 12th class.
# Mid day Meal scheme extended to upper primary level in 3479 schools. 16 central universities to be opened in 2008-09.
# Three IITs to be set up in Andhra Pradesh, Bihar and Rajasthan.
# Schools of architecture and planning in Bhopal and Vijaywada. More institutes of higher education to be opened.
# Rs 100 crore to be given to Information Technology Ministry to set up national knowledge centres.
# Allocation for NRHM increased to Rs 12,050 crore
# Rs 992 crore for national AIDS programme.
# A national programme for the elderly to be started at a cost of Rs. 400 crore.
# Rashtra Swasthya Beema Yojana to start from April one in Delhi and Haryana. Rs 30,000 for each family belonging to unorganised sector.
# Allocation for ICDS increased to Rs 6300 crore.
# Rs 85 crore sanctioned for scholarships to students pursuing science education.
# Indian Institutes of Science Education and Research to be set up at Bhopal and Thiruvananthapuram.
# Agriculture credit doubled in the first two years of the government to reach Rs.2.40 lakh crore by March 2008.
# Eleventh Plan started on a robust growth.
# Gross budgetary support to be raised to Rs 2,43,386 crore, an increase of more than Rs 38,000 crore from the current level.
# Allocation for Bharat Nirman to be raised to Rs 31,280 crore.
# Twenty per cent hike in education budget this year from Rs 28,674 crore to Rs 34,400 crore.
# GDP growth slows down to 8.4 per cent during quarter ended December 31, 2007 as compared to 9.1 per cent a year ago.
# Economy grew over eight per cent over 12 successive quarters since 2005, says Finance Minister P Chidambaram.
# Growth rate of agricultre extimated at 2.6 per cent during the current year.
# Services and manufacturing sectors expected to grow by 10.7 per cent and 9.4 per cent, says Chidambaram.
# Keeping inflation under check is one of the cornerstones of the Government's policy.
# Rice production estimiated at 94.08 million tonnes, maize 16.78 mt, soyabean 9.45 mt and cotton 23.38 million bales.

This is the Budget 2008 2009 highlights. have a look and analysis at this budget highlights and tell your opinion about the budget.

Budget 2008 2009 Highlight courtesy : rediff