Dinesh s
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Dinesh s

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Dinesh s Dinesh s Presentation Transcript

  • BUDGETAn estimation of the revenue andexpenses over a specified futureperiod of time. A budget can bemade for a person, family, groupofpeople, business, government, country, multinational organizationor just about anything else thatmakes and spends money.
  • AgricultureInfrastructureEducationEnvironmentMicro, Small and Medium EnterprisesTextileTax proposalDefenseBUDGET 2013Banking
  • AGRICULTURE• For 2013-14,target of agriculturalcredit kept at Rs.7 lakhs crore.• Credit Guarantee Fund to becreated in the Small Farmer’sAgro Business Corporation withan initial corpus of 100 crore.• Agricultural research providedRs.3,415 crore
  • INFRASTRUCTURE• Infrastructure tax-free bond ofRs.50,000 crore in 2013-14.• Rs.5,000 crore to NABARDto finance construction forwarehousing.
  • BANKING• All branches of public sectorbanks to have ATM by31.3.2014.• Proposal to set up India’s firstWomen’s Bank as a publicsector bank. Provision ofRs.1,000 crore as initial capital.• Rs.6,000 crore to Rural HousingFund in 2013-14.
  • EDUCATION• Rs.5,284 crore allocated toMinistries/Departments in 2013-14for scholarships to studentsbelonging to SC, ST, OBC,Minorities and girl children.• Mid Day Meal Scheme (MDM) tobe provided Rs.13,215 crore.
  • DEFENSE• Allocation for Defence increased to Rs.2,03,672crore including Rs.86,741 crore for capitalexpenditure.
  • TEXTILE• Working capital and term loans at a concessionalinterest of 6% to handloom sector.• Scheme of Fund for Regeneration of TraditionalIndustries (SFURTI) extended to 800 clusters.
  • ENVIRONMENT• Government to provide lowinterest bearing fund from theNational Clean Energy Fund(NCEF) to IREDA to on-lend toviable renewable energyprojects.• ‘Generation-based incentive’reintroduced for wind energyprojects and Rs.800 croreallocated for this purpose.
  • TAX PROPOSAL• Tax proposals on Direct Taxes sideestimated to yield to Rs.13,300crore and on the Indirect Tax sideRs.4,700 crore.• Investment allowance at the rate of15% to manufacturing companiesthat invest more than Rs.100 crorein plant and machinery during theperiod 1.4.2013 to 31.3.2015.
  • MICRO, SMALLAND MEDIUMENTERPRISES• Refinancing capacity of SIDBIraised to Rs.10,000 crore.• Another sum of Rs.100 croreprovided to India MicrofinanceEquity Fund.• A corpus of Rs.500 crore to SIDBIto set up a Credit Guarantee Fundfor factoring.