The document discusses the key priorities and steps taken in the 2012-13 and 2013-14 budgets in India. The 2012-13 budget aimed to improve the macroeconomic environment, strengthen domestic growth drivers, and accelerate economic reforms. It focused on strengthening investment, infrastructure, poverty alleviation, and rural development. Steps included tax-free infrastructure bonds, rural development funds, and disinvestments in PSUs. The 2013-14 budget emphasized higher inclusive growth and focused on strengthening investment, infrastructure, poverty alleviation, rural development, and job creation. It outlined further steps in these areas as well as some tax changes and impacts.