Following are the highlights of the interim budget presented by Minister for External Affairs Pranab Mukherjee in the Lok Sabha Monday:
* Total expenditure for 2009-10 pegged at Rs.953,231 crore (Rs.9.52 trillion)
* Plan expenditure for 2009-10 at Rs.2,85,149 crore (Rs.2.85 trillion)
* Non-plan expenditure at Rs.668,082 crore (Rs.6.68 trillion)
* Provision for subsidy on food, fertiliser and petroleum at Rs.95,579 crore (Rs.955.79 billion)
* Defence allocation increased to Rs.141,703 crore (Rs.1.417 trillion)
* Urban renewal spending pegged at Rs.11,842 crore (Rs.118.42 billion)
* 2009-10 gross budgetary support at Rs.2,85,000 crore (Rs.2.85 trillion)
* Substantial relief of about Rs.40,000 crore (Rs.400 billion) due to tax cuts in 2008-09
* Rural job schemes to get Rs.30,100 crore (Rs.301 billion) in 2009-10
* Rural sanitation spending at Rs.1,200 crore (Rs.12 billion)
* National rural health mission spending at Rs.12,070 crore (Rs.120.7 billion)
* Rural infrastructure development outlay at Rs.14,000 crore (Rs.140 billion)
* Midday meal scheme spending at Rs.8,000 crore (Rs.80 billion)
* India remains second-fastest growing economy in the world
* Economy expected to grow 7.1 percent this fiscal
* Need to make economic growth inclusive
* Government spent Rs.70,000 crore (Rs.700 billion) on 37 infrastructure projects in 2008-09
* Under public-private partnership (PPP), 54 central infrastructure projects approved
* Total expenditure of PPP projects estimated at Rs.67,700 crore (Rs.677 billion)
* India Infrastructure Finance Company to raise Rs.10,000 crore (Rs.100 billion) by end-March
* India has weathered inflation crisis, but no room for complacency
* Country's agriculture outlook is encouraging
* Focussed attention to agriculture
* Plan allocation for farm sector hiked 300 percent in past five years
* Three-fold increase in short-term agriculture credit to Rs.250,000 crore (Rs.2.5 trillion) in 2007-08
* Farm debt worth Rs.65,300 crore (Rs.653 billion) waived of 360 million farmers.
* Government will continue to provide additional subsidy to farmers
* Corpus of Rural Infrastructure Development Fund hiked to Rs.14,000 crore (Rs.140 billion) from Rs.5,500 crore (Rs.55 billion)
* Outlay for higher education hiked 900 percent for 11th Five-Year Plan
* Country's social security net will be strengthened
* New scheme unveiled for young widows in the age group of 18-40
* New disability pension scheme introduced for age group of 18-40
* 15-point programme for welfare of minorities set up
* Record foreign direct investment of $32.4 billion attracted
* Global economic situation not encouraging
* Extraordinary situation merits extraordinary measures
* Need to consider additional fiscal measures in regular budget
* Financial sector reforms need to be accelerated
* Non-performing assets (NPAs) of public sector banks have declined
* State-run banks see NPAs drop from 7.8 percent to 2.3 percent in four years
* Number of loss-making state-run units down from 73 to 58
* Profit-making units up from 143 units to 158 units
* 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
* Revised estimates for 2009-09 peg plan expenditure at Rs.282,957 crore (Rs.2.83 trillion)
* Central plan increased for host of areas like telecom, rural development
* Tax collections expected to fall to Rs.627,949 crore (Rs.6.28 trillion)
* Revised revenue deficit is 4.4 percent of GDP against 1 percent
* Revised fiscal deficit at 6 percent of GDP against 2.5 percent
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