| Tax exemption hiked from Rs 1,10,000 to Rs 1,50,000 |
| 20 per cent tax on income between three to five lakhs |
| 3 lakh to 5 lakh -- 20 per cent |
| 5 and above -- 30 per cent |
| No change in corporate income tax rate |
| Women exemption threshold hiked from Rs 1,45,000 to 1,80,000 |
| 30% tax on income above Rs 5 lakh |
| For senior citizens exemption is Rs 2.25 lakhs |
| Duty on non filter cigarettes to be raised |
| Excise duty slashed to 8% on water purification items |
| Introduction of commodity transaction tax |
| Five year tax holiday for hospitals from April 2008 - March 2013 |
|
BALANCE SHEET |
|
| GDP increased by 8.8% during first 3 years of UPA |
| Growth to be 8.7% this fiscal |
| Confident of 8.8% this fiscal |
| Manufacturing growth at 9.4% |
| Services growth at 10.7% |
| Agriculture grew by 2.4% |
| Govt to monitor and moderate capital inflow to ensure stock market stability |
|
AGRICULTURE |
|
| Agriculture sector has grown by 2.4% |
| Agri credit doubled during UPA government’s tenure |
| Record food grain production at 290 mn tonnes |
| Record rice production at 98.04 million tonnes |
| Record maize production at 16.7 million tones |
| Agriculture credit by next year |
| 75-78% total credit by PSU banks |
| 2008-09 target at Rs 280,000 cr for credit to farmers |
| Additional irrigation potential to be developed for 5 lakh hectares |
| Rain-fed area development program to be launched in new areas |
| Rs 500 crore for this scheme |
| World Bank aiding many states in agriculture |
| 14 national projects approved |
| New financial institution IWRFC to be launched with an initial allocation of Rs 100 cr to mobilise money to fund agriculture |
| 500 soil testing labs to start via PPP |
| Rs 175 crore for mobile soil testing units in 200 districts by March 2009 |
| Rs 20 crore to Tea Research Institute |
| National agricultural insurance scheme to continue for Kharif, Rabi crops |
| Fertiliser subsidy to continue |
| New nutrient based fertiliser subsidy regime to be launched |
| Prof Vaidyanathan Committee recommendations on micro-credit to be implemented |
|
FARMER DEBT-WAIVER SCHEME |
|
| New scheme of debt-waiver and debt relief for farmers |
| All agriculture loans disbursed by PSU banks, cooperatives till March 2007 waiting recovery to be covered under scheme |
| Complete waiver for marginal farmers holding up to 1 hectare of land |
| Complete waiver for small farmers holding 1 to 2 hectares of land |
| One-time settlement scheme for “all other” farmers |
| Agricultural loans were restructured by banks through special packages. All such loans will also be eligible for waiver under the scheme |
| Implementation to be completed by June 30, 2008 |
| Farmers will be also eligible for fresh loans |
| Govt to allocate 60,000 cr for this scheme |
| Four crore farmers to benefit |
|
Infrastructure |
|
| Power generation on target for 11th Plan |
| Allocation of Rs 5000 crore for rural electrification |
| Rs 12,966 crore for highways |
| 96.48% of Golden Quadrilateral completed |
| 26.36% of East-West, North-South Corridor completed |
| Rs 380 crore for oil and gas exploration |
| New coal regulator to be appointed |
| Rs 1680 cr for IT Ministry |
| One lakh broadband centres to be set up in rural areas |
| All 30 integrated textile parts have been approved |
| Clasuter Approach for handloom has been a success |
| 17 lakh weavers to be covered under insurance scheme |
| SIDBI to reduce guarantee fee |
|
EDUCATION |
|
| Education outlay increased by 20% at Rs 34400 crore |
| Mid-day meal is the largest such scheme in world |
| Mid-day meal scheme to start in all govt, govt-aided schools across India |
| Kasturba Gandhi Balika Vidayalaya has enrolled thousands of girls |
| 410 new Kasturba Gandhi Balika Vidayalaya to be set up |
| New model school program to be started |
| New Navodaya Vidyalaya to be set up in 20 backward districts |
| New 1 lakh new scholarships to be given |
| New Nehru Yuva Kendras to be set up in all districts |
| 16 central universities this year |
| 3 new IITs in AP, Bihar, Rajasthan |
| 2 Schools of Planning and Architecture in Bhopal and Vijaywada |
| Ministry of S&T will start a new scholarship scheme |
| 100 cr to connect all knowledge centres via broadband to build national knowledge network |
|
HEALTH AND DEVELOPMENT |
|
| Health outlay increased by 15 per cent at Rs 16,543 crore |
| Rs 16,000 crore for National Rural Emplyoment Guarantee Act |
| National Rural Employment Guarantee Act to be extended to all districts |
| 46,200 Asha workers have been trained |
| Anganwadi workers remuneration increased to Rs 1500 |
| More than 300 district hospitals to be upgraded |
| Rs 12,050 crore for National Rural Health Mission |
| Rs 900 crore for combating AIDS |
| Rashtrya Health Bima Yojna to be launched in Delhi, Haryana, Rajasthan on April 1 |
| Integrated Child Development Scheme allocation increased to Rs 6000 crore |
|
FOR SENIOR CITIZENS |
|
| Sarva Shiksha Abhiyan gets Rs 13,100 crore |
| Bharat Nirman Programme gets allocation of Rs 31,280 cr |
| 410 Vidyalayas in villages |
| Navodiya Vidyalayas in 6,0-00 districts |
|
DIRECT TAXES |
|
| 6,000 model high schools to be set up |
| Education, health pillars of social sector reforms |
| 2008-09 will be a year of consolidation |
| 16 central universities proposed |
| Three IITs in Andhra Pradesh, Bihar and Rajasthan |
|
INDIRECT TAXES |
|
| 5 crore for Deccan College in Pune |
| Mid-day meal to cover 13.9 crore for children |
| 80 crore for new hostels in Vidyalayas |
| Second year of 11th plan extremely curical |
| Mid-day meal to cover 13.9 crore for children |
| Broadband in all major universities |
| Allocate 85 crore for science and research students |
|
DEFENCE |
|
| National Programe for elder with outplan of Rs 400 crore to be launched in 2008-09 |
| Mid-day meal scheme extended to upper primary classes |
| Scholarships for science and research |
| Education and Health allocation up 20% |
| Service Sector to grow at 10.7% |
| Allocation of Rs 6300 crores in 2008-09 for anganwadi |
| Rs 30,000 health cover for every worker in unorganised sector |
| Two schools of Planning and Architecture in Bhopal and Vijaywada |
| Allocation of Rs 4,554 crore for secondary education scheme |
| Rs 100 cr to Ministry of Science and Technology for National Knowledge Network |
| All knowledge bodies to be connected via broadband |
| Rs 85 crore to building a knowledge society |
|
MISCELLANEOUS |
|
| Special fund of Rs 500 crores for Arunachal Pradesh |
| 12,155 crores to Ministry for North East Development |
| Rs 200 crores for clean water to school children |
| Rs 1000 crore for Ministry for Minorities |
| Rs 75 crore for Rajiv Gandhi National Fellowship Programme |
| Rs 60 crore to enhance the corpus fund of Maulana Azad programme |
| Rs 11,460 crore for 100 per cent women specific scheme |
| Rs 45.5 crore to modernise madrasas |
| Rs 288 crores for nationalised banks in minorities areas |
| Allocation of Rs 1200 crore for sanitation programmes |
| More minority recruitments in central para-military forces |
| ICDS allocation hiked to Rs 6,300 cr |
| Rs 300 cr for desalination plant near Chennai |
| National Handicap Development Corp to get Rs 9 crore |
| LIC 'Janashree Yojana' for women self-helf groups |
| Target of 2,80,000 for credit in agriculture |
| Rs 300 crore for rain affected areas |
| USD 730 million World Bank agreement for water storage development |
| Target of 2,80,000 for credit in agriculture |
| Rs 500 crore for development of border areas |
| Rs 1100 cores for National Horticulture Mission |
| 500 new labs for soil testing |
| Rs 500 crore to Centre of Development Studies, Tiruvananthapuram |
No comments:
Post a Comment