The document summarizes key aspects of the Citizens' Budget 2014-15 for Punjab province in Pakistan. It highlights that the total budget is Rs. 1349.404 billion, with Rs. 699.95 billion allocated for public services. Major areas of focus and spending increases include education (77% increase), health (Rs. 121.8 billion), law and order (16.5% increase for police), urban development, and addressing the energy crisis. The budget aims to promote the priorities of Punjab's Economic Growth Strategy to achieve inclusive and private sector-led growth.
The key direct tax proposals include increasing the surcharge on individuals earning over Rs. 1 crore to 15%, taxing dividend income over Rs. 10 lakhs at 10%, and introducing an equalization levy of 6% on non-resident companies for digital transactions. Notable corporate tax proposals include a concessional 10% tax rate for income from patents developed in India, 100% deduction of profits for 3 years for eligible startups, and phasing out of certain tax exemptions by 2020. The budget also introduced an income declaration scheme and a direct tax dispute resolution scheme.
Every Shilling Counts: Citizens' Perspectives on the National Budget Frame wo...CSBAG
Every Shilling Counts: Citizens perspectives on the National
Budget Framework Paper FY 2014/15, was produced by the Civil
Society Budget Advocacy Group (CSBAG) and presented at the Civil Society Pre-
Budget Dialogue FY 2014/15. The
The document gives highlights from key sectors – agriculture and rural development, banking, financial services and insurance, defence and aviation, e-commerce and retail, energy, FMCG, food & beverages, infrastructure and housing, manufacturing, railways, social welfare, steel and mining, and technology IT & telecom.
Comparison of Union Budget 2014-15, 15-16, 16-17, 17-18Shubham Singh
The document provides an overview of the key points from the Union Budget of India for multiple years. It discusses aspects like revenue and capital budgets, tax changes, subsidies, infrastructure and development allocations, banking and financial sector reforms, and social initiatives. Some highlights include increased allocation for smart cities, rural development, education and healthcare programs, tax benefits for SMEs and individuals, and recapitalization of public sector banks.
The Union Budget for 2017-18 pledged relief for rural India, middle class taxpayers and small and medium-sized companies in the Union Budget 2017-18, saying the government would spend thousands of crores to double farmers' incomes, upgrade infrastructure and provide affordable housing. While unveiling the budget the Hon’ble Finance Minister emphasised that the budget is built on three pillars “Transform, Energise and Clean India”, that is, TEC India. This agenda of TEC India seeks to transform the quality of governance and quality of life of the citizens of India, energise various sections of society, especially the youth and the vulnerable sections of the society and enable them to unleash their true potential. The emphasis of TEC India is also to clean the country from the evils of corruption, black money, and non-transparent political funding. The main focus of the Budget has been to boost government expenditure in order to increase growth, and to muster employment generation.
The Finance Minister said the Indian economy was doing well despite global trends of slowing growth in other emerging economies. He also delivered a big relief to foreign portfolio investors by exempting them from indirect transfer provisions. The centre’s budget size has been pegged at Rs. 21.47 lakh crore, with an increase of 25.47 per cent in capital expenditure. As regards fiscal consolidation, the FM has targeted fiscal deficit of 3.2 per cent for 2017-18 as against earlier target of 3 per cent. For agriculture and rural sector, Mr Jaitley has increased the allocation by 24 per cent to Rs. 1.87 lakh crore for 2017-18. In the case of infrastructure, the planned public investment stood at massive Rs. 3.96 lakh crore.
We have developed an analysis of the budget, which includes opinion pieces from eminent economists and experts.
The document summarizes key aspects of Bangladesh's fiscal year 2016-17 budget, including:
- Total budget of Tk 3,40,605 crore, a 29% increase over the previous year.
- Major allocations include Tk 50,017 crore for education, Tk 39,951 crore for interest payments, and Tk 35,920 crore for transportation and communication.
- Tax revenue from the NBR contributes 60% of the budget, while non-tax revenue, foreign loans, and domestic financing make up the remaining sources of funds.
- Key expenditures include Tk 34,370 crore for education and technology and Tk 18,383 crore for defense services.
This publication titled ‘’Facts and Figures About Ekiti State’’ aims at providing basic socio-economic data about the State at the beck and call of policy makers.
The key direct tax proposals include increasing the surcharge on individuals earning over Rs. 1 crore to 15%, taxing dividend income over Rs. 10 lakhs at 10%, and introducing an equalization levy of 6% on non-resident companies for digital transactions. Notable corporate tax proposals include a concessional 10% tax rate for income from patents developed in India, 100% deduction of profits for 3 years for eligible startups, and phasing out of certain tax exemptions by 2020. The budget also introduced an income declaration scheme and a direct tax dispute resolution scheme.
Every Shilling Counts: Citizens' Perspectives on the National Budget Frame wo...CSBAG
Every Shilling Counts: Citizens perspectives on the National
Budget Framework Paper FY 2014/15, was produced by the Civil
Society Budget Advocacy Group (CSBAG) and presented at the Civil Society Pre-
Budget Dialogue FY 2014/15. The
The document gives highlights from key sectors – agriculture and rural development, banking, financial services and insurance, defence and aviation, e-commerce and retail, energy, FMCG, food & beverages, infrastructure and housing, manufacturing, railways, social welfare, steel and mining, and technology IT & telecom.
Comparison of Union Budget 2014-15, 15-16, 16-17, 17-18Shubham Singh
The document provides an overview of the key points from the Union Budget of India for multiple years. It discusses aspects like revenue and capital budgets, tax changes, subsidies, infrastructure and development allocations, banking and financial sector reforms, and social initiatives. Some highlights include increased allocation for smart cities, rural development, education and healthcare programs, tax benefits for SMEs and individuals, and recapitalization of public sector banks.
The Union Budget for 2017-18 pledged relief for rural India, middle class taxpayers and small and medium-sized companies in the Union Budget 2017-18, saying the government would spend thousands of crores to double farmers' incomes, upgrade infrastructure and provide affordable housing. While unveiling the budget the Hon’ble Finance Minister emphasised that the budget is built on three pillars “Transform, Energise and Clean India”, that is, TEC India. This agenda of TEC India seeks to transform the quality of governance and quality of life of the citizens of India, energise various sections of society, especially the youth and the vulnerable sections of the society and enable them to unleash their true potential. The emphasis of TEC India is also to clean the country from the evils of corruption, black money, and non-transparent political funding. The main focus of the Budget has been to boost government expenditure in order to increase growth, and to muster employment generation.
The Finance Minister said the Indian economy was doing well despite global trends of slowing growth in other emerging economies. He also delivered a big relief to foreign portfolio investors by exempting them from indirect transfer provisions. The centre’s budget size has been pegged at Rs. 21.47 lakh crore, with an increase of 25.47 per cent in capital expenditure. As regards fiscal consolidation, the FM has targeted fiscal deficit of 3.2 per cent for 2017-18 as against earlier target of 3 per cent. For agriculture and rural sector, Mr Jaitley has increased the allocation by 24 per cent to Rs. 1.87 lakh crore for 2017-18. In the case of infrastructure, the planned public investment stood at massive Rs. 3.96 lakh crore.
We have developed an analysis of the budget, which includes opinion pieces from eminent economists and experts.
The document summarizes key aspects of Bangladesh's fiscal year 2016-17 budget, including:
- Total budget of Tk 3,40,605 crore, a 29% increase over the previous year.
- Major allocations include Tk 50,017 crore for education, Tk 39,951 crore for interest payments, and Tk 35,920 crore for transportation and communication.
- Tax revenue from the NBR contributes 60% of the budget, while non-tax revenue, foreign loans, and domestic financing make up the remaining sources of funds.
- Key expenditures include Tk 34,370 crore for education and technology and Tk 18,383 crore for defense services.
This publication titled ‘’Facts and Figures About Ekiti State’’ aims at providing basic socio-economic data about the State at the beck and call of policy makers.
The budget focused on developing a 'New India' through boosts for agriculture, rural development, infrastructure, healthcare, employment and education. Key announcements included increasing MSP for crops to 1.5 times production cost, allocating Rs. 2000 crore for developing agricultural markets, and doubling allocation for food processing. The budget also proposed the world's largest government healthcare program covering over 10 crore poor families and allocating funds for rural housing and education infrastructure development. However, expectations of income tax cuts were mostly unmet with the exception of a standard deduction increase, and stock markets fell due to the announcement of a 10% tax on long-term capital gains from equities.
The document provides an analysis of Ekiti State's debt sustainability and debt management strategy from 2016-2020 and projections from 2021-2030. Some key findings:
- Ekiti State's debt position appears sustainable long-term due to strong internally generated revenue and control of expenditure growth. Total revenue is projected to increase from N70.62 billion in 2020 to N219.94 billion by 2030.
- Total public debt increased from N107.66 billion in 2016 to N266.52 billion by 2030, remaining at a modest level due to reliance on concessional external loans and domestic financing.
- The debt management strategy pursues a prudent mix of financing sources to maintain a low
We are on a mission of recovery and economic restoration together, and I assure you of our firm commitment to the ideals of a safe, secure, and prosperous Ekiti State. The resources may be limited, but our resourcefulness and
creativity are unlimited!
Dr. John Kayode Fayemi, CON
Governor, Ekiti State, Nigeria
The document summarizes the key highlights from the Union Budget for 2018-19, including a focus on improving rural healthcare and education through programs like a health insurance program covering 50 crore people and investments in building more schools. It also outlines initiatives to boost infrastructure development, support MSMEs, and continue fiscal consolidation. Overall the budget aims to enhance welfare programs while also promoting growth through various reforms and policy measures.
Bihar shouldn’t be poor: with its (erstwhile) abundance in natural resources - mineral wealth and coal, its network of rivers spread across wide plains, we should be a model of prosperity.
Yet - despite these ‘advantages’, Bihar has, over the years, remained one of the poorest states of our country, and lagged the national average in all indicators of prosperity and progress.
WHY IS BIHAR POOR ? Here we present some historical factors that have cumulatively contributed to this paucity and poverty. This list highlights the rootedness of the problem of our Bihar’s poverty.
We will view this in 3 phases: Pre Independence, 1947-2000 & Post 2000
The document summarizes a consultative meeting held by the Governor of Ekiti State, Dr. John Kayode Fayemi, with stakeholders to prepare the 2019 budget. Over 100 representatives from local governments, communities, government agencies, and civil society attended. The Governor and Commissioner for Finance discussed the state's financial position and priorities for the 2019 budget, which will focus on education, health, and completing unfinished projects based on the government's four pillars. Stakeholders provided input that will inform the budget to address community needs and improve revenue generation for sustainable development in Ekiti State.
EY 2020 Budget Review for Guyana South AmericaSteven Jasmin
The document summarizes key aspects of the Guyana Budget 2020, including:
1) Total government revenue and expenditure projections of $226.5 billion and $329.5 billion respectively. Major areas of spending include education, health, security and infrastructure.
2) Macroeconomic indicators such as GDP growth projections, inflation rates, and increase in foreign direct investment.
3) Fiscal measures proposed in the budget such as tax exemptions for private education and healthcare, cash grants for households and pensioners, and VAT removals.
4) Investment promotion initiatives focusing on manufacturing, agro-processing, agriculture, hotels and housing.
5) Additional recommendations to address issues like VAT refund delays and the minimum tax
The document provides an analysis of the Interim Union Budget 2019-20 presented by the Indian government. It discusses key highlights and proposals related to direct and indirect taxes. Some key points include increasing the standard tax deduction for salary income from Rs. 40,000 to Rs. 50,000. The tax exemption on notional rent is extended to a second self-occupied house. The TDS threshold for interest income from bank deposits is increased from Rs. 10,000 to Rs. 40,000. Overall, the budget aims to provide tax relief to individual taxpayers and increase spending on agriculture, infrastructure, healthcare and other social sectors.
The document summarizes key points about India's interim budget for 2019. It discusses what a budget is, provides some facts about past budgets, explains what an interim budget is and why it is needed, outlines the focal points of the 2019 interim budget including boosting income for farmers and supporting taxpayers, and covers points around agriculture, industries, social welfare, taxation, and financial matters like disinvestment and fiscal deficit. The budget aims to help farmers, middle class taxpayers, and revive the real estate sector.
The Finance Minister presented the annual budget, which outlined key fiscal and economic targets:
- The fiscal deficit is projected to decline gradually from 3.9% of GDP in 2015-16 to 3% by 2017-18.
- GDP growth is projected to be between 8-8.5% in 2015-16, with inflation expected to remain close to 5%.
- Major reforms were proposed, including enacting a new bankruptcy code, setting up a public debt management agency, and introducing a goods and services tax.
- Infrastructure spending and investment were emphasized to boost growth, along with continued support for social programs.
Why bihar needs special category statusrisingbihar
Bihar needs special category status to receive financial benefits that will help develop its economy. Special status would allow Bihar to contribute only 10% instead of 70% to central schemes and receive 90% grants rather than 70%. Bihar meets the criteria for special status as it has a poor resource base, remote location, and lack of infrastructure. Special status is needed to correct historical wrongs and unfair policies that neglected Bihar and hindered its development. Recognizing Bihar's status would help industrialize the state and boost India's overall growth.
This document provides an overview of the key aspects of the 2019-2020 Union Budget of India. It discusses the meaning and types of budgets, as well as key figures from the previous, current, and upcoming fiscal years' budgets. It then summarizes some of the major policy initiatives and economic indicators highlighted in the interim budget, such as inflation reduction, banking reforms, infrastructure development, support for farmers and women, and tax proposals. The budget aims to support economic growth and development across various sectors.
The document provides an overview of the key features of the Indian Union Budget for 2015-2016. It discusses the state of the Indian economy, challenges, and the government's plans and targets in areas such as fiscal policy, agriculture, infrastructure, financial markets, taxation, and social programs. The budget aims to achieve high economic growth of 8-8.5%, implement important reforms like GST and financial inclusion programs, boost investment in infrastructure, and address issues in sectors like agriculture, education and healthcare.
The document provides information about federal budgets. It defines what a budget is and discusses different types of budgets including government budgets. It explains that a federal budget forecasts spending for the upcoming year in a country. The budget process involves preparation, approval, implementation, and auditing. Budgets can be executive, legislative, capital, operating, line-item, performance-based, or zero-based. It also discusses budget surpluses, deficits, and discretionary vs entitlement spending. The document concludes by summarizing highlights and criticisms of Pakistan's 2015-2016 federal budget, which aimed to strengthen industry and agriculture through incentives but faced challenges including poor governance and an imbalance of spending priorities.
Analysis of the kwara state budget (2010 - 2015)Cleopatra Ibukun
The document summarizes the Kwara State budget from 2010-2015, including key revenue and expenditure components. Total revenue increased from N67 billion in 2010 to over N117 billion in 2015. Recurrent revenue contributed around 50-67% annually, with the remainder from capital receipts. The economic sector received the largest share of recurrent expenditure, while economic affairs and education received most capital funds. Personnel and overhead costs accounted for about half of recurrent spending each year.
The document summarizes key highlights from the Union Budget for 2018-19 presented by the Finance Minister in India. Some key points include:
- The budget continued fiscal discipline while targeting spending on rural development, education, healthcare, and MSME sector.
- GDP growth is projected to be 6.75% for 2017-18 and 7-7.5% for 2018-19.
- Changes were announced in direct taxes including income tax slabs and deductions. Capital gains tax was introduced for equity investments.
- Agriculture, rural development, and health sectors saw increased allocations for schemes.
- Corporate tax rate was reduced for small and medium enterprises.
The presidency annual performance plan 2015 2016Dr Lendy Spires
The document is the annual performance plan for The Presidency for 2015-2016. It outlines The Presidency's priorities for the coming year, which include overseeing implementation of South Africa's National Development Plan, supporting the President's initiatives like Operation Phakisa and the Presidential Working Groups, intensifying monitoring and accountability efforts like the Presidential Siyahlola Programme, and improving internal management practices regarding IT, procurement, and disability and gender mainstreaming. The Presidency aims to play a leadership role in realizing the country's strategic priorities and achieving the vision of the National Development Plan.
Rsm india budget_2018_key_aspects_in_a_nutshellCA.Amit Sharma
The key aspects of the India Budget 2018 document are:
1. GDP growth is projected to be 6.75% in the current fiscal year and rise to 7-7.5% in 2018-19 due to major reforms. Inflation has hit a 6-year low of 3.3% in 2017-18.
2. For companies with revenues up to Rs. 250 crores, the corporate tax rate has been reduced to 25%. No change in personal income tax rates.
3. Exemption on long term capital gains from equity investments is being withdrawn and such gains will be taxed at 10%. Scope of dividend distribution tax has also been expanded.
- The Union Budget focused on reviving growth through increased spending on infrastructure, healthcare, and agriculture without raising taxes. It allocated massive funds for these sectors, including Rs. 2.23 lakh crore for health over 6 years.
- It proposed an Agriculture Infrastructure and Development Cess on certain items to boost farm infrastructure. It also aims to link 1,000 more APMCs to e-NAM and reiterated the commitment to MSP.
- The Budget gave a big push to infrastructure spending with an allocation of Rs. 1.18 lakh crore for highways and plans for a 'National Rail Plan'. It also allocated separate infrastructure packages for poll-bound states like West Bengal.
This document summarizes and critiques the key aspects of the 2015-16 Indian Union Budget. It argues that the budget favors corporate interests and the rich over the poor in several ways. It reduces allocations for welfare programs that benefit the poor while cutting corporate tax rates. It also reduces funding for rural development, healthcare, education, and other social services. The document asserts that the budget aims to dismantle India's public distribution system and increase the burden on common people through raised service taxes. Overall, it portrays the budget as unsupportive of economic development and antipoor.
The document summarizes key aspects of Bangladesh's proposed national budget for fiscal year 2016-17, including:
- Total budget proposed is approximately 350,000 crore Taka
- Major allocations include education (22.3%), transport and communication (20.8%), and local government and rural development (18.4%)
- Sources of funds include tax revenue (30.3%), VAT (30%), and foreign grants (2.71%)
- Anticipated deficit is 55,000 crore Taka to be covered by foreign and domestic financing
- Strategic plans and allocations are proposed for key sectors like power, health, agriculture, and taxation policies
This document provides an overview of the key points from the Indian Union Budget for 2015-2016. Some of the main points included accelerating economic growth to between 8-8.5%, controlling inflation below 6%, increasing investment in infrastructure, skill development initiatives, social security programs, expanding financial inclusion efforts, and fiscal consolidation with the aim of reducing the fiscal deficit to 3% of GDP over 3 years. The budget also outlined various initiatives related to agriculture, rural development, education, healthcare, tourism, and renewable energy.
The budget focused on developing a 'New India' through boosts for agriculture, rural development, infrastructure, healthcare, employment and education. Key announcements included increasing MSP for crops to 1.5 times production cost, allocating Rs. 2000 crore for developing agricultural markets, and doubling allocation for food processing. The budget also proposed the world's largest government healthcare program covering over 10 crore poor families and allocating funds for rural housing and education infrastructure development. However, expectations of income tax cuts were mostly unmet with the exception of a standard deduction increase, and stock markets fell due to the announcement of a 10% tax on long-term capital gains from equities.
The document provides an analysis of Ekiti State's debt sustainability and debt management strategy from 2016-2020 and projections from 2021-2030. Some key findings:
- Ekiti State's debt position appears sustainable long-term due to strong internally generated revenue and control of expenditure growth. Total revenue is projected to increase from N70.62 billion in 2020 to N219.94 billion by 2030.
- Total public debt increased from N107.66 billion in 2016 to N266.52 billion by 2030, remaining at a modest level due to reliance on concessional external loans and domestic financing.
- The debt management strategy pursues a prudent mix of financing sources to maintain a low
We are on a mission of recovery and economic restoration together, and I assure you of our firm commitment to the ideals of a safe, secure, and prosperous Ekiti State. The resources may be limited, but our resourcefulness and
creativity are unlimited!
Dr. John Kayode Fayemi, CON
Governor, Ekiti State, Nigeria
The document summarizes the key highlights from the Union Budget for 2018-19, including a focus on improving rural healthcare and education through programs like a health insurance program covering 50 crore people and investments in building more schools. It also outlines initiatives to boost infrastructure development, support MSMEs, and continue fiscal consolidation. Overall the budget aims to enhance welfare programs while also promoting growth through various reforms and policy measures.
Bihar shouldn’t be poor: with its (erstwhile) abundance in natural resources - mineral wealth and coal, its network of rivers spread across wide plains, we should be a model of prosperity.
Yet - despite these ‘advantages’, Bihar has, over the years, remained one of the poorest states of our country, and lagged the national average in all indicators of prosperity and progress.
WHY IS BIHAR POOR ? Here we present some historical factors that have cumulatively contributed to this paucity and poverty. This list highlights the rootedness of the problem of our Bihar’s poverty.
We will view this in 3 phases: Pre Independence, 1947-2000 & Post 2000
The document summarizes a consultative meeting held by the Governor of Ekiti State, Dr. John Kayode Fayemi, with stakeholders to prepare the 2019 budget. Over 100 representatives from local governments, communities, government agencies, and civil society attended. The Governor and Commissioner for Finance discussed the state's financial position and priorities for the 2019 budget, which will focus on education, health, and completing unfinished projects based on the government's four pillars. Stakeholders provided input that will inform the budget to address community needs and improve revenue generation for sustainable development in Ekiti State.
EY 2020 Budget Review for Guyana South AmericaSteven Jasmin
The document summarizes key aspects of the Guyana Budget 2020, including:
1) Total government revenue and expenditure projections of $226.5 billion and $329.5 billion respectively. Major areas of spending include education, health, security and infrastructure.
2) Macroeconomic indicators such as GDP growth projections, inflation rates, and increase in foreign direct investment.
3) Fiscal measures proposed in the budget such as tax exemptions for private education and healthcare, cash grants for households and pensioners, and VAT removals.
4) Investment promotion initiatives focusing on manufacturing, agro-processing, agriculture, hotels and housing.
5) Additional recommendations to address issues like VAT refund delays and the minimum tax
The document provides an analysis of the Interim Union Budget 2019-20 presented by the Indian government. It discusses key highlights and proposals related to direct and indirect taxes. Some key points include increasing the standard tax deduction for salary income from Rs. 40,000 to Rs. 50,000. The tax exemption on notional rent is extended to a second self-occupied house. The TDS threshold for interest income from bank deposits is increased from Rs. 10,000 to Rs. 40,000. Overall, the budget aims to provide tax relief to individual taxpayers and increase spending on agriculture, infrastructure, healthcare and other social sectors.
The document summarizes key points about India's interim budget for 2019. It discusses what a budget is, provides some facts about past budgets, explains what an interim budget is and why it is needed, outlines the focal points of the 2019 interim budget including boosting income for farmers and supporting taxpayers, and covers points around agriculture, industries, social welfare, taxation, and financial matters like disinvestment and fiscal deficit. The budget aims to help farmers, middle class taxpayers, and revive the real estate sector.
The Finance Minister presented the annual budget, which outlined key fiscal and economic targets:
- The fiscal deficit is projected to decline gradually from 3.9% of GDP in 2015-16 to 3% by 2017-18.
- GDP growth is projected to be between 8-8.5% in 2015-16, with inflation expected to remain close to 5%.
- Major reforms were proposed, including enacting a new bankruptcy code, setting up a public debt management agency, and introducing a goods and services tax.
- Infrastructure spending and investment were emphasized to boost growth, along with continued support for social programs.
Why bihar needs special category statusrisingbihar
Bihar needs special category status to receive financial benefits that will help develop its economy. Special status would allow Bihar to contribute only 10% instead of 70% to central schemes and receive 90% grants rather than 70%. Bihar meets the criteria for special status as it has a poor resource base, remote location, and lack of infrastructure. Special status is needed to correct historical wrongs and unfair policies that neglected Bihar and hindered its development. Recognizing Bihar's status would help industrialize the state and boost India's overall growth.
This document provides an overview of the key aspects of the 2019-2020 Union Budget of India. It discusses the meaning and types of budgets, as well as key figures from the previous, current, and upcoming fiscal years' budgets. It then summarizes some of the major policy initiatives and economic indicators highlighted in the interim budget, such as inflation reduction, banking reforms, infrastructure development, support for farmers and women, and tax proposals. The budget aims to support economic growth and development across various sectors.
The document provides an overview of the key features of the Indian Union Budget for 2015-2016. It discusses the state of the Indian economy, challenges, and the government's plans and targets in areas such as fiscal policy, agriculture, infrastructure, financial markets, taxation, and social programs. The budget aims to achieve high economic growth of 8-8.5%, implement important reforms like GST and financial inclusion programs, boost investment in infrastructure, and address issues in sectors like agriculture, education and healthcare.
The document provides information about federal budgets. It defines what a budget is and discusses different types of budgets including government budgets. It explains that a federal budget forecasts spending for the upcoming year in a country. The budget process involves preparation, approval, implementation, and auditing. Budgets can be executive, legislative, capital, operating, line-item, performance-based, or zero-based. It also discusses budget surpluses, deficits, and discretionary vs entitlement spending. The document concludes by summarizing highlights and criticisms of Pakistan's 2015-2016 federal budget, which aimed to strengthen industry and agriculture through incentives but faced challenges including poor governance and an imbalance of spending priorities.
Analysis of the kwara state budget (2010 - 2015)Cleopatra Ibukun
The document summarizes the Kwara State budget from 2010-2015, including key revenue and expenditure components. Total revenue increased from N67 billion in 2010 to over N117 billion in 2015. Recurrent revenue contributed around 50-67% annually, with the remainder from capital receipts. The economic sector received the largest share of recurrent expenditure, while economic affairs and education received most capital funds. Personnel and overhead costs accounted for about half of recurrent spending each year.
The document summarizes key highlights from the Union Budget for 2018-19 presented by the Finance Minister in India. Some key points include:
- The budget continued fiscal discipline while targeting spending on rural development, education, healthcare, and MSME sector.
- GDP growth is projected to be 6.75% for 2017-18 and 7-7.5% for 2018-19.
- Changes were announced in direct taxes including income tax slabs and deductions. Capital gains tax was introduced for equity investments.
- Agriculture, rural development, and health sectors saw increased allocations for schemes.
- Corporate tax rate was reduced for small and medium enterprises.
The presidency annual performance plan 2015 2016Dr Lendy Spires
The document is the annual performance plan for The Presidency for 2015-2016. It outlines The Presidency's priorities for the coming year, which include overseeing implementation of South Africa's National Development Plan, supporting the President's initiatives like Operation Phakisa and the Presidential Working Groups, intensifying monitoring and accountability efforts like the Presidential Siyahlola Programme, and improving internal management practices regarding IT, procurement, and disability and gender mainstreaming. The Presidency aims to play a leadership role in realizing the country's strategic priorities and achieving the vision of the National Development Plan.
Rsm india budget_2018_key_aspects_in_a_nutshellCA.Amit Sharma
The key aspects of the India Budget 2018 document are:
1. GDP growth is projected to be 6.75% in the current fiscal year and rise to 7-7.5% in 2018-19 due to major reforms. Inflation has hit a 6-year low of 3.3% in 2017-18.
2. For companies with revenues up to Rs. 250 crores, the corporate tax rate has been reduced to 25%. No change in personal income tax rates.
3. Exemption on long term capital gains from equity investments is being withdrawn and such gains will be taxed at 10%. Scope of dividend distribution tax has also been expanded.
- The Union Budget focused on reviving growth through increased spending on infrastructure, healthcare, and agriculture without raising taxes. It allocated massive funds for these sectors, including Rs. 2.23 lakh crore for health over 6 years.
- It proposed an Agriculture Infrastructure and Development Cess on certain items to boost farm infrastructure. It also aims to link 1,000 more APMCs to e-NAM and reiterated the commitment to MSP.
- The Budget gave a big push to infrastructure spending with an allocation of Rs. 1.18 lakh crore for highways and plans for a 'National Rail Plan'. It also allocated separate infrastructure packages for poll-bound states like West Bengal.
This document summarizes and critiques the key aspects of the 2015-16 Indian Union Budget. It argues that the budget favors corporate interests and the rich over the poor in several ways. It reduces allocations for welfare programs that benefit the poor while cutting corporate tax rates. It also reduces funding for rural development, healthcare, education, and other social services. The document asserts that the budget aims to dismantle India's public distribution system and increase the burden on common people through raised service taxes. Overall, it portrays the budget as unsupportive of economic development and antipoor.
The document summarizes key aspects of Bangladesh's proposed national budget for fiscal year 2016-17, including:
- Total budget proposed is approximately 350,000 crore Taka
- Major allocations include education (22.3%), transport and communication (20.8%), and local government and rural development (18.4%)
- Sources of funds include tax revenue (30.3%), VAT (30%), and foreign grants (2.71%)
- Anticipated deficit is 55,000 crore Taka to be covered by foreign and domestic financing
- Strategic plans and allocations are proposed for key sectors like power, health, agriculture, and taxation policies
This document provides an overview of the key points from the Indian Union Budget for 2015-2016. Some of the main points included accelerating economic growth to between 8-8.5%, controlling inflation below 6%, increasing investment in infrastructure, skill development initiatives, social security programs, expanding financial inclusion efforts, and fiscal consolidation with the aim of reducing the fiscal deficit to 3% of GDP over 3 years. The budget also outlined various initiatives related to agriculture, rural development, education, healthcare, tourism, and renewable energy.
As we progress ahead with the new budget of 2015-16, lets have a look at some of the highlights of the budget of last year by Dewan P.N. Chopra & Co. http://bit.ly/1U3OJaA
The document summarizes key aspects of the Modi government's last full union budget before the 2019 Lok Sabha elections. It focuses on strengthening agriculture, tax policies, infrastructure development, education, and railways. For agriculture, it proposes expanding rural markets, promoting organic farming and providing credit access to more farmers. It introduces no change to individual tax slabs but allows salaried employees a higher standard deduction. For infrastructure, it allocates massive funding to expand road, telecom and housing projects. It also sets targets to modernize railways through track expansion, electrification and elimination of unmanned crossings.
The document summarizes the key proposals of the Indian budget for 2013-14 presented by the Finance Minister P Chidambaram. Some highlights include allocating 2.03 trillion rupees for defense, 801.94 billion rupees for rural development, and 140 billion rupees for banks. No changes were made to personal income tax slabs but a 10% surcharge was added for incomes over 1 crore rupees. Funds were allocated for women's development, education, health, and other social programs while import duties on some goods were increased. The overall expenditure for 2013-14 was budgeted at 16.65 trillion rupees with 5.55 trillion for planned expenditure.
The budget document outlines the Indian government's budget plans for 2013-2014. Some key points include:
- No increase in personal income tax slabs and a Rs. 2000 tax credit for those under Rs. 5 lakh income.
- 10% surcharge for income over Rs. 1 crore and increased duty limits for gold imports.
- Allocations increased for rural development, agriculture, education, healthcare, and infrastructure.
- Fiscal deficit targeted at 4.8% of GDP for 2013-2014.
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
The budget aims to boost growth while slowing the pace of fiscal deficit reduction. Key points include:
- GDP growth projected between 8-8.5% for 2015-2016
- Deficit target lowered to 3.9% of GDP
- Corporate tax to be reduced to 25% over 4 years
- Infrastructure investment to increase by 700 billion rupees
- Social programs expanded to promote health, education and employment.
India's Finance Minister Arun Jaitley announced the budget for fiscal year 2015-2016, aiming to balance growth with fiscal discipline. Key points include:
- GDP growth projected between 8-8.5%
- Fiscal deficit targeted at 3.9% of GDP
- Corporate tax to be reduced from 30% to 25% over four years
- Infrastructure investment to increase by 700 billion rupees
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2. ABOUT THIS BOOKLET
The Citizens’ Budget 2014-15 is a new initiative of
Government of the Punjab. It is being launched with the
technical support of Sub-National Governance (SNG)
programme to improve citizen’s access to budgetary
information with the objective to promote accountability
and transparency in public financial management. It
presents the provincial budget in a simple and lucid
manner, highlighting its salient features and making it
easy for the common man to understand.
It is expected that the information provided in this
document will empower citizens to hold their elected
representatives and public officials accountable and thus
contribute to good governance.
2
4. WHAT IS BUDGET?
Budget is a financial plan of the government for a particular fiscal year and provides
projected revenues and expenditures. It also reflects Government’s policy priorities and
programmes to be implemented in that year. The Constitution of Islamic Republic of
Pakistan, 1973 makes it mandatory for the provincial government to prepare and present
the budget proposals for approval of the Provincial Assembly before the start of a financial
year.
As the policies and programmes reflected in the budget affect the lives of all citizens,
therefore, it is imperative for them to fully comprehend its implications. The budgetary
documents are essentially prepared for internal use by the government and people find
them complex and difficult to understand whereas, the Citizen’s Budget presents this
information in an easy to understand form.
4
5. Punjab’s Vision for
Inclusive Growth
Punjab as a secure, economically
vibrant, industrialised and
knowledge-based province, which
is prosperous and competitive wherein
every citizen enjoys high quality life.
Budget 2014-15 is aligned with the priorities set in the
Punjab Economic Growth Strategy 2014-18. Before
looking at the key features of the Budget, it is important
to also present highlights of the Strategy.
5The Citizens’ Budget 2014-15 |
6. GEARING UP FOR ECONOMIC GROWTH
Punjab is confronted with a myriad of challenges such as slow
economic growth, declining investment, energy shortages, stagnant
exports, low agricultural productivity, and water scarcity. To
alleviate poverty, achieve MDGs and create adequate employment
opportunities, Punjab’s economy needs to grow at a rate of around
7-8% per annum. It would be challenging to achieve this growth
rate without private sector’s active participation. Therefore, the
Government’s Growth Strategy is private sector-led, employment-
intensive, export-oriented, eco-friendly and regionally balanced.
It also aims to tap into new sources of growth, such as Punjab’s
rapidly growing urban centres, its youth bulge and its geo-strategic
location.
7. PUNJAB’S ECONOMIC GROWTH
STRATEGY 2014-18
Targets (2018)
■■ 8% annual GDP growth
■■ Increasing Private Sector Investment from $ 8 billion to
$ 17.5 billion
■■ Achieving all Millennium Development Goals
■■ Narrowing security gaps
■■ 2,000,000 skills graduates
■■ Increase exports by 15% per year
■■ 1 million quality jobs every year
Key outcomes
■■ Human capital and skills development
■■ Overcoming energy shortages
■■ Institutional reforms and good governance
■■ Gender mainstreaming
■■ Equitable regional development
■■ Export-led growth
■■ Productivity enhancement
Creating
Quality Jobs
Ensuring
Effective
Security
Export
Buoyancy
Providing Full
Social Sector
Coverage
Catalysing GDP
Growth
Private Sector
Investment
Revival
DRIVERS OF GROWTH
7The Citizens’ Budget 2014-15 |
9. SIZE OF TOTAL BUDGET: RS. 1349.404 BILLION
Allocation of
Rs. 699.95 billion
for service delivery
to citizens
(15.2% higher compared to
budget allocation of Rs. 607.6
billion in FY 2013-14)
Development
budget increased
from Rs. 290 billion
to Rs. 345 billion
(increase of 18.9%)
Capital budget amounting
to Rs. 304.453 billion
including repayment of loans,
advances by Government
to autonomous bodies and
wheat procurement operation
Significant reasons for increase in size of current expenditure:
■■ Rs.29.1 billion increase in allocation for ‘Pension’
■■ Rs.10.5 billion increase in operational budget for ‘Police’
■■ Rs.7.9 billion for ‘Ad-hoc Relief’ to civil servants
■■ Rs.6.5 billion for maintenance and repair of roads, irrigation network and public buildings
9The Citizens’ Budget 2014-15 |
10. * In billion rupees
Revenue: Monies that the province receives from its share in
federally collected divisible pool of taxes, provincial taxes,
user fees, royalties, grants and loans.
WHY CITIZENS MUST PAY TAXES
Government requires money to function and provide services to its citizens. The taxes and fees paid by them are used to
finance these services. The Government would not be able to provide for law and order, education, health, roads, system
of justice, water supply and sanitation and other services, if citizens fail to pay their taxes. That is why tax is defined as ‘a
compulsory levy’.
The taxpayers are more likely to hold the Government accountable. Furthermore, taxation helps the Government establish a
system in which resources are collected from rich and used to provide services to all citizens.
WHERE DOES THE MONEY COME FROM
PROVINCIAL TAX COLLECTION
Agriculture Income Tax 2.019
Registration Fee 1.612
Urban Immovable Property Tax 8.265
Land Revenue 11.789
Tax on professions, Trades and Callings 0.583
Capital Value Tax on Immovable Property 5.433
Sales Tax 95.000
Provincial Excise 1.783
Stamp Duty 18.937
Motor Vehicle Taxes 11.805
Other Indirect Taxes 7.454
Total 164.680
Share in federally collected divisible pool of
taxes
804.196*
Revenue from provincial taxes 164.680
Revenue from user fees, grants and royalties 64.197
Borrowing (including the borrowing for
commodity operation)
316.331
Total 1,349.404
10
11. Expenditure: Money spent by the Government on public service delivery and investments to deliver
these services
WHERE DOES THE MONEY GO
GENERAL PUBLIC SERVICES 438.875
Transfers to Local Governments and
other
298.822
Provincial assembly, Finance
Department, Pension Payment and
Debt Servicing
132.772
General Administration 7.281
PUBLIC ORDER AND SAFETY
AFFAIRS
114.390
Police 82.530
Law Courts (High Court and Lower
Judiciary)
11.482
Administration of Public Order
(Including Rescue & Emergency
Services)
12.849
Prison Administration and
Operations (Jails)
7.470
Fire Protection (Civil Defence) 0.059
EDUCATION 84.925
HEALTH 73.222
ECONOMIC AFFAIRS 242.289
Labour 0.954
Roads 38.304
Construction and Works 51.882
Agriculture 27.677
Irrigation and Land Reclamation 46.437
Forestry 4.116
Fisheries 0.919
Food 23.309
Energy 31.077
Industries 15.739
Mines 1.875
ENVIRONMENT PROTECTION 0.330
HOUSING AND COMMUNITY
AMENITIES
78.135
Community Development
(including Ashiana Housing
Scheme)
50.892
Water Supply & Sanitation 27.243
RECREATION, CULTURE AND
RELIGION
4.271
ZAKAT, SOCIAL WELFARE, etc 8.514
REPAYMENT OF LOANS, ADVANCES
& COMMODITY OPERATION
304.453
TOTAL 1349.404
Rs. in billionRs. in billion
11The Citizens’ Budget 2014-15 |
12. Meeting the Challenge of Energy Crisis
There is a significant gap between Punjab’s energy requirement and its availability. To
address this shortfall, and complement the Federal Government’s effort to eliminate
load-shedding, Government of the Punjab plans to conserve 2,000 MW electricity by
creating incentives for manufacturers of electronic appliances to produce energy efficient
equipment. In addition, Rs. 31.077 billion has been committed to this important sector.
Initiatives for this sector include:
■■ 1,320 MW power plant in Sahiwal in partnership with Chinese investors
■■ 1,000 MW solar power plant near Bahawalpur, with an estimated production of 100 MW
starting in December 2014
■■ Four 55 MW coal-based power plants, 2 each for industrial estates in Lahore and
Faisalabad
■■ Solar power plant at Islamia University Bahawalpur
■■ Hybrid power plants using fuels such as Bagasse-cum-Coal
■■ Bio-mass based power plants near wheat and rice producing areas
Eliminating energy
shortfall can bring
increase of 2 percentage
points to economic
growth of Punjab
12
13. Developing Skills for the Future
77% increase in allocation from Rs. 6.2 billion to
Rs. 10.9 billion is a significant step towards:
■■ Creating more jobs for youth
■■ Contributing to economic growth of the province
■■ Producing 250,000 skill graduates in 2014-15
13The Citizens’ Budget 2014-15 |
14. Improving access, quality and coverage of school education
In line with Government’s commitment to provide better educational services in Punjab an
estimated amount of Rs. 273 billion (2% of GRP) would be spent on improving access, quality
and coverage including the expenditure at district level.
In addition, to achieve MDG targets by 2018, the Government aims to:
■■ Enrol and retain estimated 4.5 million out of school boys and girls
of ages 5-9 in primary schools
■■ Improve access to schools
■■ Achieve gender parity
■■ Reduce regional disparities
■■ Promote child-friendly environments for learning
■■ Provide quality education
Major initiatives
■■ Providing missing facilities in 15,000 schools
■■ Upgrading 200 Primary and Elementary Schools
■■ Creating IT Labs in 500 Secondary Schools with highest enrolment
■■ Building of 500 New Primary Schools
■■ Providing more than 20,000 additional classrooms in schools
with highest enrolment
■■ Creating IT Labs in 500 Elementary Schools
■■ Reconstructing 1,300 dangerous school buildings
■■ Converting existing IT Labs on Solar Energy in 1,200
high schools
14
15. HIGHLIGHTS OF SERVICE DELIVERY IN
SCHOOL EDUCATION
Education services to 12.5 million
students (11 million in public
schools and 1.5 million in private
school under Punjab Education
Foundation projects). Of these
students, approximately 51% are
girls (637,500 girls)
Over 60 million free
textbooks
Training for more than
85,000 teachers
An increased (Rs.7.3 billion up
from Rs.3.6 billion last year) non-
salary budget to schools for school
improvement
Standardized exams at Grade-V
and Grade-VIII to monitor learning
outcomes of students as well as
performance of teachers
Stipends for 4,800,000 girl students
in poor districts
30,000 additional
science teachers
Improved monitoring
& evaluation
systems
Incentives for teachers in low-
performing schools to improve
educational outcomes through the
High Improvers Programme
15The Citizens’ Budget 2014-15 |
16. Higher Education
Punjab has 600,000 students in colleges, including
385,000 females & 215,00 males, with a Gender
Parity Ratio of 1.79.
In order to further boost higher education in the Punjab, the
Government will
■■ Award 100,000 laptops
■■ Provide Rs.2,000 million to Punjab Education Endowment Fund
for scholarships to students
■■ Establish 105 new colleges including 75 for women and 30 for
men
■■ Upgrade nine colleges and provide missing facilities in
58 colleges
■■ Introduce Home Economics Colleges for Women in 3 Divisional
Headquarters (Faisalabad, Bahawalpur, D.G. Khan)
■■ Develop Khawaja Farid University of Engineering and
Information Technology (UEIT) in Rahim Yar Khan
■■ Build University of Sahiwal
16
17. Adult and Youth Literacy
The Government will address adult and youth illiteracy
through:
■■ 5,440 Non Formal Basic Education Schools in 32 Districts
benefitting 190,400 learners
■■ 1,000 Non Formal Basic Education Schools in 11
Southern Districts with low literacy rate benefitting
30,000 learners
■■ 667 Functional Literacy Centres in selected 36 Tehsils for
more than 1 million illiterate adults
■■ 12,500 centres in collaboration with NGOs, CBOs, CSOs
and unemployed youth, benefitting 250,000 learners
■■ A crash literacy program for youth, women and adults in
rural areas to achieve MDGs targets
Special Education
The province has 27,515 students with
disabilities in 250 Special Education institutions.
Important initiatives include:
■■ Merit-based scholarships and stipends to encourage
enrolment and improve special education.
■■ Other incentives include free uniforms, text and braille
books, pick & drop facilities, boarding & lodging facilities
and teaching aids for special students.
■■ Inclusive education in Bahawalnagar, Bahawalpur,
Bhakkar, Chiniot, DG Khan, Layyah, Lodhran, Muzaffargarh,
Pakpattan, R. Y. Khan and Rajanpur
■■ Nine Special Education Centres and six new institutions for
Special Education
■■ Upgrade three Special Education Schools
17The Citizens’ Budget 2014-15 |
18. Government of the Punjab places special focus on
improving the health of its citizens and has allocated
Rs. 121.8 billion to various health initiatives, including
medical education.
Some of the important initiatives introduced to accelerate achievement
of health outcomes, include:
■■ Allocation of Rs. 8.8 billion for free medicines
■■ Health Insurance Card - a pilot project
for health coverage of poor
■■ Punjab Millennium Development Goals
Program for better basic health services
■■ Integrated Reproductive Maternal New
Born & Child Health (RMNCH) & Nutrition
Program
■■ Strengthening Expanded Programme for
Immunization (EPI)
■■ Rs. 2 billion for control of epidemics
■■ New Children’s Hospitals at Faisalabad,
Bahawalpur, Gujranwala, Rawalpindi
■■ Nutrition programme for mothers and children
■■ Medical Colleges at Sahiwal, D.G. Khan, Sialkot, Gujranwala &
Bahawalnagar
■■ Ambulances for DHQs /THQs in rural areas and for cardiac patients
■■ Extension of CPE Institute of Cardiology, Multan
■■ Mobile Health Units for improved access to health services in far flung
areas
Estimated expenditure on health is
equal to 1% of the size of Punjab’s
economy
Bringing
healthcare to
people
18
19. Law and Order
Provision of security to its citizens and upholding of law and order is of paramount
importance to Government of the Punjab. Security is also a pre-requisite to sustainable
economic growth. Therefore, the Government has proposed an allocation of
Rs. 82.530 billion for Police.
16.5 % increase in operational
budget for Police
Block allocation of Rs. 3.5
billion for counter-terrorism
Establishment of a Command
and Control Centre for Police
19The Citizens’ Budget 2014-15 |
20. Urban Development & Mass Transit
Dense and rapidly growing urban areas act as engines of growth.
An allocation of Rs. 41.900 billion has been made by Government
of the Punjab for establishing:
■■ Mass Transit Systems in Rawalpindi-Islamabad and in Multan and Faisalabad
benefiting 150,000 people everyday in each of the cities
■■ Orange Line Metro Train Project in Lahore in collaboration with the Government of
China
■■ Low Income Housing (Ashiana)
■■ River Ravi Front Project (water treatment plant, theme park, lake and
housing facilities)
■■ Construction of canal expressway from Gutwala to Sahianwala (Faisalabad)
20
21. The Lahore Metro Bus (Green Line)
What does it mean for the average citizen?
On average, the Lahore Metro Bus provides transportation to approximately 145,000
passengers per day, of which about:
■■ 30% are females, which means approximately 43,500 women with increased mobility
and access to work, health facilities and educational institutions
■■ 40,600 students have increased access to school, colleges and universities
■■ 62,350 or 43% of passengers are labourers who travel at low cost and save time
■■ 17,400 government servants who also travel to and from the office
21The Citizens’ Budget 2014-15 |
22. Roads
Allocation of Rs. 36.5 billion has been proposed for building and maintaining roads
■■ Establish east-west communication linkages
■■ Open up under-developed areas
■■ Trigger economic activities by interlinking different economic and service sectors
■■ Improve connectivity with sister provinces
■■ Develop better access to international borders for future trade
Development Projects
■■ Construction of Bridge over River Indus Near Miran Pur R.Y.Khan
■■ Construction of Flyover on G.T Road at Aziz Road Cross Gujranwala
■■ Widening / Improvement (W/I) of Sargodha-Bannu Road (Phase-II Kot Chandna to Daratang)
■■ W/I of road from Yazman to Ahmedpur East Bahawalpur
■■ Construction of approach road to Icha Bangla, R.Y.Khan
■■ Construction of dual carriage way from Burewala to
Chichawatni road, Vehari
■■ W/I Construction of road from Laksian Pull at Km 130 of
Lahore Sargodha Road to Lilanai
■■ Widening/ Improvement of Chiniot - Faisalabad Road, District Faisalabad
■■ Construction of Over-head Bridge on the railway lines between Jhanian Road
to Police Station Saddar and Abdul & Ghafoor Road at Khanewal city
Allocation of Rs. 4.9 billion for
Maintenance and Repair of 10,300 km
of roads
22
23. Water Supply & Sanitation
In order to ensure that the citizens of Punjab have access to clean
water, the Government has allocated Rs 27.243 billion, including
Rs. 5 billion for Saaf Pani Project
The Government will also implement the following projects:
■■ Clean drinking water for all
■■ Bulk Water Supply Project from River Jhelum to Murree
■■ Urban Water Supply Scheme Gujrat
■■ Sewerage Scheme Khanpur City, Phase-II
■■ Water supply scheme Sadiqabad, Rahim Yar Khan
■■ Urban water supply scheme Chakwal based on Khai Dam
■■ Comprehensive water supply & sewerage scheme Mianwali
■■ Water supply scheme based on Naroomi Dhan spring Phase-II,
Tehsil Pind Dadan Khan, Jhelum
23The Citizens’ Budget 2014-15 |
24. Irrigation
Pakistan was among the ‘water
abundant’ countries in 1981, but is now
turning into a ‘water-scarce country’.
Therefore conserving water and
improving efficiency of water usage is a
high priority of the Government. To this
end, an allocation of Rs. 46.175 billion
has been proposed in the budget.
Our target is to achieve higher efficiency
of irrigation system through conservation
of existing water and development of
new resources.
Background
Punjab has the largest canal irrigation
network in the world with 13 barrages,
25 large canals, 3093 distributaries,
55 small dams, more than 1000 drainage
tubewells and 2100 miles long flood
protection bunds.
This year’s budget provides for 103%
Increase in allocation for repair &
maintenance of irrigation network
from Rs.2.8 billion to Rs.5.7 billion in
accordance with revised yardstick
Improvements in
canals in South
Punjab under
Punjab System
Improvement
Project
Restoration of barrages
■■ New Khanki Barrage
■■ Jinnah Barrage
■■ Sulemanki Barrage
Restoration of Canal Systems
■■ Lower Bari Doab Canal System
■■ Pakpattan Canal
■■ Lower Chenab Canal
Improvements in canals in
South Punjab under Punjab
System Improvement Project
59% increase in allocation
of development resources to
Irrigation
24
25. Agriculture
The Government is committed to transforming the agriculture
sector into a science-based vibrant and internationally linked
sector that cannot only meet food security challenges, but also
compete in the domestic and international market. Therefore an
allocation of Rs. 27.677 billion amount has been proposed in the
budget.
Targets
■■ Crop seeds target of 80,000 million tons
■■ 1,962 teams to persuade farmers to use latest production
technology for four major crops
■■ 50,557 villages visited
■■ Visits to 2,739,753 farmers
■■ Improvement of 1,525 canal watercourses
■■ Provision of 500 Laser Leveling Units
■■ Installation of 10,000 high efficiency irrigation schemes
■■ 20,000 acres area to be developed
■■ 3,000 tubewell bores to be drilled
■■ 864 ground water exploration surveys
■■ 4000 acre area to be reclaimed through various soil
conservation measures
Projects
Punjab irrigated agriculture productivity improvement
programme
Biogas supplemented agriculture tube wells
Enhancing vegetable production and promotion of pulses
cultivation
Increasing agricultural productivity is key to Punjab’s economic growth
25The Citizens’ Budget 2014-15 |
26. Social Protection
■■ Wheat subsidy: Rs. 10 billion
■■ Transport subsidy: Rs. 2.8 billion
■■ Subsidy on agricultural inputs: Rs. 5 billion
■■ Ramzan package: Rs. 5 billion
■■ Health Insurance Scheme: Rs. 4.0 billion
■■ Free medicines: Rs. 8.8 billion
■■ Kidney treatment: Rs. 0.6 billion
■■ Vaccination of livestock: Rs. 0.5 billion
Governance & IT
■■ Land Records Management Information System for
computerisation of record of property rights
■■ Command and Control Centre for Police
■■ Public Facilitation Centers for provision of a number of
public service under one roof
■■ IT Centric interventions and smart monitoring
■■ Citizens engagement and public perception analysis
survey for improvements in governance
■■ Introduction of E-stamp paper in Punjab
Local Governments
■■ Transfer of Rs.271.280 billion under PFC Award, 2006
including Rs.12 billion for development program of
local governments
◆◆ District Government: Rs.245.671 billion
◆◆ TMAs: Rs.19.6 billion
◆◆ UAs: Rs.6.0 billion
■■ Establishment of Model Cattle Markets
■■ Eliminating ponds from major villages to improve
sanitation / eradicate diseases through Bio-
remediation (Phase-II)
■■ Pilot Project for Solid Waste Management in rural areas
26
27. Programmes Targeting Women
Gender mainstreaming is one of the key drivers of Government of the Punjab’s Economic Growth
Strategy. The Government is committed to raising the status of women and girls through offering
opportunities for their welfare and well-being:
■■ 24/7 emergency obstetrics and newborn care in BHUs in select districts – to be extended to whole
province by 2016
■■ 4,800,000 stipends for girl students in poorer districts as incentive for girls education
■■ Block allocation of Rs. 900 million for women development projects
■■ 50% quota in skill trainings for women
■■ Integrated Reproductive Maternal New Born & Child Health (RMNCH) & Nutrition Program
■■ Voucher scheme for working women to have hostel facility at public expense
■■ Support to working women through skill development training, entrepreneurship training and Rozgar
Bank
■■ Toll-free women helpline for domestic violence complaints, inheritance rights, employment
information, police support, etc.
■■ Day care centres to help working women
27The Citizens’ Budget 2014-15 |
28. SOUTH PUNJAB
Inclusive growth and regional equity are important features
of Budget 2014-15. Accordingly, a very high priority has been
assigned to Southern Punjab which is reflected in allocation
of 36% of total development budget for this region.
Following are some of the important projects to be
implemented in South Punjab:
Poverty Alleviation
■■ South Punjab Poverty Alleviation Project for skill
development and asset creation for 10,000 poor families in
Bahawalnagar, Bahawalpur, Rajanpur and Muzzaffargarh
■■ Punjab Economic Opportunities Program for skill
development
Energy
■■ Quaid-e-Azam Solar Park
■■ Solar Power Plant at Islamia University Bahawalpur
Education
■■ Establishment of Sub Capmus of University of Agriculture
Faisalabad at Burewala
■■ Khawaja Farid University of Engineering & IT, R.Y.Khan
■■ Upgradation of DHQ Hospitals Multan, Vehari, D.G.Khan&
Muzaffargarh
■■ Sheikh Zayed Medical Complex (Phase-II) R.Y.KHAN
■■ University of Veterinary and Animal Sciences, Bahawalpur
Health
■■ Thalassemia Unit & Bone marrow Transplant Center at
BVH, Bahawalpur
■■ Medical College Bahawalnagar
■■ Cardiology and Cardiac Surgery Block & ICU at BVH,
Bahawalpur
■■ Children Hospital, Multan
Irrigation
■■ Construction of dual carriageway from Ghanta Ghar to
chowk Katchery Multan
■■ Construction of dual carriageway from MDA Chowk to
Northern Bypass, Multan
■■ Dualisation of Khanewal Lodhran Road
■■ Pakpattan Canal and Sulemanki Barrage
■■ Remodeling of SMB Link Canal and Enhancing Capacity of
Mailsi Syphon
■■ Management of Hill Torrent / Flood Protection of Rajanpur
■■ Remodeling and Extension of Tayyab Drain, Rajanpur
Water & Sanitation
■■ Replacement of outlived sewer lines in Multan
■■ Sullage Carrier from Bosan Road Disposal Station to
Sewage Treatment Plant Multan
28