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Budget has many schemes for common man


Delhi: In keeping with the United Progressive Alliance (UPA) government’s ‘inclusive growth’ mantra, Finance Minister Pranab Mukherjee Monday announced a slew of schemes for the aam aadmi (common man). The major measures announced in his union budget for 2009-10 are:

– Allocation towards National Rural Employment Guarantee Act increased by Rs.39,100 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 for Bharat Nirman scheme increased by 45 percent

– Rs.20,000 crore for rural housing

– Rural electrification scheme to get Rs.7,000 crore more

– Agriculture development fund increased from Rs.2.87 lakh crore to Rs.3.25 lakh crore

– Allocation for urban poor schemes to be raised to Rs.39,730 crore

– LNG infrastructure to be expanded

– National Housing Bank to get Rs.2,000 crore for rural housing funds

Higher education outlay increased by Rs.2,000 crore over interim budget

– Income tax exemption limit for senior citizens increased by Rs.15,000, for women and others by 10,000 each

– Duties on life saving drugs reduced

– Allocation for the minority affairs ministry raised to Rs.1,740 crore

– Banking services in under-banked areas to be increased, scheme allocated Rs.100 crore

– Rs.1,000 crore to accelerate irrigation projects

– Allocation for Jawaharlal Nehru National Urban Renewal Mission raised by 87 percent to Rs.12,887 crore

Courtesy : Mathrubhumi Daily

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