Union Budget 2009-10 Finance Minister’s speech

July 7th, 2009 12:37 am by Ditto

Budget speech of Pranab Mukherjee, minister of finance, on July 6, 2009

Madam Speaker,

I rise to present the Budget for 2009-10.

2.Just 140 days back, I had the privilege to present the Interim Budget for 2009-10. It is a rare honour that I have been called upon to present the regular budget after the new Government assumed office.

Read full text: Part I, Part II

3 Responses to “Union Budget 2009-10 Finance Minister’s speech”

1
Lily_parmawia Says:
July 7th, 2009 at 1:47 am
HOT Budget Lists:
1.FY10 fiscal deficit at 6.8% of GDP vs target of 5.5%
2.Goods and service tax from April 1, 2010
3.Personal income tax exemption hiked by Rs 10,000
4.Withdraws fringe benefit tax (FBT)
5.Tax holiday for exporters extended until 2011
6.Sunset clause for Software Technology Parks of India (STPIs) extended by 1 year
7. To encourage PSU divestment but maintain 51% government stake
8.See Rs 1120 cr divestment proceeds in FY10
9.Customs duty on LCD panels cut from 10% to 5%
10.FY10 defence spend at Rs 1.41 lakh cr.
11.FY10 total Budget expenditure at Rs 10.21 lakh crore
12.Higher rural electrification scheme allocation
13.All BPL families to be brought under biometric smart cards
14.Committed to provide Rs 100 per day under the NREGA
15.NREGA Rs 39100 crore allocation
16.NREGA allocation up by 144%
17.Allocation for rural road scheme up 60%
18.Interest subsidy for home loans upto Rs 1 lakh
19.Domestic fuel prices need to be in sync with global prices
20.To set up panel to review domestic fuel prices
21.Share of trade has doubled to 38% of GDP in 2008-09
22.Increase investment in infra to over 9% of GDP by 2014
23. Ensure 4% growth for Indian agriculture
24.Growth rate target at 9% per annum: FM

Populist Budget cum Rural Budget

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2
Ditto Says:
July 7th, 2009 at 6:21 am
Pranab chu tang khawp mai ,Kautilya thusawi vawi hnih a quote a , Gandhi thusawi in an tlip vel .

RAY-Rajiv gandhi Awas Yojana hi khawpui rethei ah a lar leh ngawt ang.

NREGS convergence hi Mizoramah kan thiam ve pon ka ring lo.

He lai hi a nalh ve khawp mai-

‘Madam Speaker, I fear that my proposals relating to gold and silver on the customs side would somewhat dent my popularity with women.I propose to salvage this by fully exempting branded jewellery from excise duty.’

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3
Tlangchawma Says:
July 7th, 2009 at 2:53 pm
defence khi ava in tam hleih em2 ve !

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