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