Union Budget 2010 And 11

The Union Finance Minister Pranab Mukharjee presented the Union Budget 2010-11 in parliament.the highlights of the budget are as below:

Direct Tax:

Finance Minister announced new tax rates

Income tax up to 1.6 lakh- Nill

Income tax above 1.6 lakh and up to 5 lakh - 10 percent

Income above 5 lakh & up to 8 lakh-20 per cent

Income tax above Rs 8 lakhs- 30 per cent

Unique Identification Symbol for Indian Rupee

A unique identity symbol would be provided to Indian rupee in line with US Dollar, Pound Sterlling, Euro & Yen.

Integrated action Plan

Planning Commission to prepare a integrated Action Plan for Naxal affected area.

Defence Expenditure

Rs 147,344 crore allocated for Defence expenditure in year 2010-11 against 2009-10

(Rs. in Crore)

RURAL DEVELOPMENT    

Mahatma Gandhi National  Rural Employment Guarantee Scheme

-      40100   for providing 100 days of wage employment to each rural household opting for it.

Swaranjayanti Gram Swarozgar Yojana

-        2984   for establishing micro-enterprises in rural areas through activity clusters and group approach. At least 50% of the Swarozgaries will be SCs/STs, 40% women and 3% disabled. This also includes Rs.100 crore for Mahila Kisan Sashaktikaran Pariyojana, a Sub-Component of National Rural Livelihood Mission.

Rural Housing

-      10000   for providing assistance to rural BPL households for construction of houses (and upgradation of Kutcha houses) under Indira Awaas Yojana. 

Pradhan Mantri Gram Sadak Yojana

-      12000   for providing connectivity to eligible unconnected rural habitations through good all-weather roads.

DRINKING WATER SUPPLY

National Rural Drinking Water Programme

-        9000   for National Rural Drinking Water Programme.

Rural Sanitation

-        1580   for Total Sanitation Campaign.

LAND RESOURCES

Integrated Watershed Management Programme

-        2458   for Integrated Watershed Management Programme.

National Land Records Modernisation Programme.

-          200   for Land Records Modernisation.

AGRICULTURE AND COOPERATION

-        1062   for National Horticulture Mission.

-        1350   for National Food Security Mission.

-        1000   for Macro Management in Agriculture.

-        1000   for Micro Irrigation.

-          950   for National Agricultural Insurance Scheme.

-          500   for Integrated Oilseeds, Oil Palm, Pulses & Maize Development.

ANIMAL HUSBANDRY, DAIRYING AND FISHERIES

-          444   for Veterinary Services and Animal Health.

-          163   for Cattle Development.

-           96   for a Special package for farming population in 31 suicide prone districts.

AGRICULTURAL RESEARCH AND EDUCATION

-        2006   for Agricultural Research and Education, including Rs.200 crore for Climate Resilient Agriculture Initiative.

-          294   for World Bank Aided National Agricultural Innovation Project.

ENVIRONMENT AND FORESTS

-        1232   for Ecology & Environment and National River Conservation, including Rs.500 crore for National Ganga River Basin Authority.

-          968   for Forestry & Wildlife and National Afforestation & Eco-Development.

MICRO, SMALL AND MEDIUM ENTERPRISES

-          223   for Credit Support Programme to provide Guarantee cover to banks for extending loans to Small/Tiny units without collateral.

-          906   for Prime Minister's Employment Generation Programme.

           336   for Quality of Technology Support Institution and Programmes.

CONSUMER AFFAIRS

-          112   for Consumer Awareness/Consumer Protection.

SCHOOL EDUCATION AND LITERACY

-      15000   for Sarva Shiksha Abhiyan.

-        9440   for National Programme of Mid Day Meals in Schools.

-        1700   for Rashtriya Madhyamik Shiksha Abhiyan.

-        1385   for Navodaya Vidyalaya Samiti.

-        1167   for Adult Education and Skill Development.

HIGHER EDUCATION

-        4390   for University Grants Commission.

-        4706   for Technical Education.

-          900   for National Mission in Education  through  Information and Communication Technology.

WOMEN AND CHILD DEVELOPMENT

-        8700   for Integrated Child Development Services.

-          390   for Indira Gandhi Matritva Sahyog Yojana.

-        1000   for Rajiv Gandhi Scheme for Empowerment of Adolescent Girls.

INFORMATION TECHNOLOGY

-        1030   for e-Governance programme.

-          700   for National Informatics Centre to improve infrastructure.

-          180   for Centre for Development of Advanced Computing (C-DAC) for undertaking R&D.

TELECOMMUNICATIONS

-        1500   for OFC based Network for Defence Services.

-          269   for C-DOT.

-          162   for Undersea Cabling between Mainland and Andaman & Nicobar Islands.

HEALTH

-      15440   for National Rural Health Mission.

-        5560   for Health Sector.

AYUSH

-          107   for development of Ayurveda system.

-           52   for development of Homeopathy system.

-           44   for development of Unani system.

-           22   for development of Yoga and Naturopathy system.

-          232   for National Rural Health Mission.

PLANNING

-        1900   for Unique ID Authority of India.

INFORMATION AND BROADCASTING

-          319   for Commonwealth Games.

URBAN DEVELOPMENT

-          995   for Equity Investment towards Infrastructure development of ‘Mass Rapid Transit System’.

-          200   for development of Satellite Cities/Counter Magnet Cities.

-          177   for Commonwealth Games.

HIGHWAYS

-          700   for development of National Highways under Border Roads Organisation.

-        1750   for Special Accelerated Road Development Project in the North Eastern Region.

-        9472   for National Highway Authority of India.

-          230   for Inter-State and Economically Important Roads in different States and UTs.

-        4575   for Development of National Highways.

POWER

-        5500   for Rajiv Gandhi Grameen Vidyutikaran Yojana.

-        3700   for Restructured   Accelerated Power Development and Reform Programme.

TEXTILES

-        2400   for Technology Upgradation Fund Scheme.

-          400   for Integrated Textile Parks.

-          426   for Handlooms.

-          286   for Handicrafts.

-          320   for Sericulture.

SOCIAL JUSTICE AND EMPOWERMENT

-          600   towards Special Central Assistance for Scheduled Castes Component Plan to benefit about 7.50 lakh beneficiaries.

-        1700   for Post Matric Scholarships for SC students to benefit about 44 lakh students.

-          350   for Post Matric Scholarship for OBC students to benefit about 30 lakh students.

TRIBAL AFFAIRS

-          558   for Post Matric Scholarships for Scheduled Tribes students.

DEVELOPMENT OF NORTH EASTERN REGION

-           60   for North Eastern Development Finance Corporation Ltd.

-           68   for the Asian Development Bank assisted North East States Road Project.

SCIENCE AND TECHNOLOGY

-          570   for Multi-Disciplinary Research.

-          100   for National Mission on Nano-Science and Nano-Technology.

-        1335   as Assistance to Council of Scientific and Industrial Research - National Laboratories.

BIOTECHNOLOGY

-          457   for Research & Development.

-          343   for Autonomous R & D Institutions.

-          125   for I&M Sector Programmes.

SPACE

-          500   for PSLV & GSLV.

-          262   for Navigational Satellite System.

-          150   for Manned Mission Initiatives/Human Space Flight Programme.

-          153   for Geo-synchronous Satellite Launch Vehicle (GSLV) Mark-III Development.

-          250   for Semi-cryogenic Engine Development.

-          100   for Indian Lunar Mission Chandrayan- 1&2.

CIVIL AVIATION

-        1200   for National Aviation Company of India Limited.

EARTH SCIENCES

-          402   for improving weather and monsoon forecast.

-           79   Marine Research and Technology Development.

-           45   for promotion of climate change studies.

SPORTS

-        1455   for development of Infrastructure, preparation of teams for holding Commonwealth Games, 2010. 

-          413   for Panchayat Yuva Krida aur Khel Abhiyan.

CULTURE

-          121   for Archaeological Survey of India.

-           74   for activities in North-Eastern Region.

CHEMICALS AND PETRO-CHEMICALS

-          213   for establishment of a Petrochemical Gas Cracker Project at Lepetkata, Dibrugarh (Assam).

PHARMACEUTICALS

-           56   for establishment of 6 new National Institutes of Pharmaceuticals Education and Research.

PANCHAYATI RAJ

-           50   for Rashtriya Gram Swaraj Yojana.

-           24   for Mission Mode Project on e-Panchayats.

HEAVY INDUSTRY

-          232   for setting up of state of art automotive testing, validation and R&D infrastructure facilities.

(Physical Targets)

FERTILISERS

-     125.14   lakh tonnes of Nitrogenous fertiliser production targeted.

-       48.68   lakh tonnes of Phosphatic fertiliser production targeted.

COAL AND LIGNITE

-     572.37   million tonnes of domestic availability of Coal has been assessed.

-       24.14   million tonnes of lignite production targeted.

STEEL

-       15.45   million tonnes of saleable steel production by Steel Authority of India Ltd., and Rashtriya Ispat Nigam Ltd., targeted.

-        20       million tonnes of Iron Ore production by National Mineral Development Corporation Ltd., targeted.

RAILWAYS

-      18000   Rolling stock wagons; 480 locos; 4621 coaches to be added.

-        3500   kilometers of track renewal; 1000 route kilometers of electrification; 800 kilometers of gauge conversion.

-        1000   kilometers of new lines to be added; 700 kilometers doubling of lines targeted.

POSTS

-      13420   Post Offices targeted for computerisation/ networking.

-          293   Computerisation of Administrative Offices.

-          150   Vehicles with GPS tracking facility to be provided.

-          500   Post Offices to be modernized under 'Project Arrow'.

NEW AND RENEWABLE ENERGY

-        2972   MW Grid-Interactive Power Capacity addition targeted.

-        1500     remote villages/hamlets targeted for electricity/lighting facility through SPV/other RE systems 
  and devices, including DRPS.