The Union Budget is the annual financial report of India that contains estimates of revenues and expenditures for the upcoming fiscal year (April 1 to March 31). It includes the revenue budget, capital budget, and estimates for the next year.
The document then discusses key economic challenges like returning to 8% growth, highlights of sectoral allocations like increased spending on defense, education, health, women and child development, and new initiatives like a proposed women's bank and expansion of private FM radio.
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.
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.
As our five years term is drawing to a close, we will do well to make an honest appraisal of our performance vis-à-vis our promises. In any country, more so, in developing countries like ours, budgets play a very crucial role in allocating scarce resources among many competing demands to eventually enhance the human development index and per capita income…The ultimate objective of good governance is to empower every section of the population so that they can lead a decent life…I am happy that we have not only delivered on all the promises that we made in our successive policy documents presented in the Governors’ addresses, but have also met all the targets set out in the National Common Minimum Programme (NCMP)…
HAQ: Center for Child Rights
B1/2, Ground Floor,
Malviya Nagar
New Delhi - 110017
Tel: +91-26677412,26673599
Fax: +91-26674688
Website: www.haqcrc.org
FaceBook Page: https://www.facebook.com/HaqCentreForChildRights
Our Government is firmly committed to inclusive growth, which means higher welfare and better quality of life. Welfare means providing two square meals a day for those who are starving, shelter to a person who is homeless, employment to those who are in penury. Welfare means providing congenial atmosphere for basic education to every child and providing essential medical facilities to a common man to lead a healthy life...In consonance with the 11th Five Year Plan priorities, Education and Health are being given substantial hike in allocation. During the year 2008-09, an amount of Rs.1771 crores is being apportioned for education which is 115 % higher than the current year. Likewise, Health is being allocated an amount of Rs.1315 crores, 73% higher than the current year allocation…
HAQ: Center for Child Rights
B1/2, Ground Floor,
Malviya Nagar
New Delhi - 110017
Tel: +91-26677412,26673599
Fax: +91-26674688
Website: www.haqcrc.org
FaceBook Page: https://www.facebook.com/HaqCentreForChildRights
India’s new finance minister, Arun Jaitley, presented his maiden Budget on July 10. Much has been expected from this government, which is widely considered to be pro-industry and reform-friendly.
While the Budget had significant announcement like the raising of foreign investment caps in defense and insurance, as well as a change in income-tax norms, it also set very ambitious growth targets.
Can Jaitley achieve them even as the global economy struggles to get back on track? This is an uphill task and will require more bold and politically tough decisions.
Share your feedback with us on twitter @MSLGROUP_India
If you are tense for some reason, know that you are caught in the rut of unconsciousness. A spiritual seeker should wake up and relax. How can you relax till the situations change? Situations change only when you relax, look up, look within, and take refuge in the Mantra and repeat it with Love and trust in its infinite power to clear the fog of your mind and it Works!!
Each religion has its own powerful sounds that evoke the God in us. God is light. When you evoke the Light, dark forces that conspire sitting in your own mind cannot work. Unconsciousness creates the ground for the negative forces to work, and negative forces are dark, they are effective in darkness, they cannot tolerate light, can’t survive in light, so they always look for opportunities when we are off guard, a little slip from the state of consciousness and you are enveloped with dark forces!
They are not waiting outside of you to enter, they are right there inside of you in the subconscious layers of mind and till you have cleansed and purified your subconscious, they are with you like your own shadow.
Fear, anger, anxiety, tension, they are not only enemies; they are also the forces which create opportunities for all of us to rise to our Divine inheritance. If you have not gone through pain and bondage why should you ever try to rise or work to overcome them and transcend them?
Mantra is the mystic power, the tool for us to work with, the non-violent weapon to transform the diabolic forces into Divine Light and Love. Every faith tradition that has created enlightened Masters, have all used it, it is the Word, it is the Sound, and it is the primordial essence of all that is.
Never curse your negative weaknesses it only empowers them, they are mere reminders of your challenges of life. They are there, for you are born to work with them, through them, Beyond them. Yes, Mantra will do that miracle you are waiting to see in life!!
Finance Minister Arun Jaitley presented the Union Budget for 2016-17 and reaffirmed that the economy is on the right track. The budget is aimed at strengthening India's firewalls by ensuring macroeconomic stability and prudent fiscal management; driving growth through domestic demand; and economic reforms and policy initiatives to change lives for the better. With measured focus on social sector reforms and recapitalising India's banking system, this Budget has an overarching focus on improving agriculture, and scaling infrastructure, all of which bode well for the country. The government is now planning to rationalise and channel subsidies to the poor by increasing the burden on the rich, and by increasing spending on public welfare through its own kitty.
Mr. Jaitley said the Union Budget is aimed at improving rural infrastructure and increasing rural income, as the biggest challenge to the economy is agrarian distress. Applauding the budget presented by the Finance Minister, Prime Minister Narendra Modi said the Budget is pro-village, pro-poor and pro–farmers, and is focused on bringing about qualitative changes in the country through a slew of time-bound programmes.
The attached note captures key highlights and summarises major announcements in the Budget.
Please reach out to us should you wish to understand more about the Union Budget and its impact on your business
It gives me a pleasure to present the summary and analysis of Union Budget 2016.
While you may have the snapshot, here is a document which will not only give you crisp highlights, but would also decode the impact of Budget 2016 on You, Your company and Your sector.
Hope you find this analysis useful in taking business decisions and align your company's strategy with over all economic climate for the upcoming financial year.
Would love to hear your feedback on the usefulness of the same.
Thanks a lot.
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 Hon’ble Finance Minister, Mr. P Chidambaram presented the Interim Budget for 2014-15 in the Parliament on 17 February 2014.
While not being a full-fledged budget, the Interim Budget details some interventions on the indirect taxes front and announcements of the policy roadmap.
Contents: Key Features of Interim Budget 2014-15; Analysis of the Budgetary Proposals; Fiscal Trends; Indirect Taxes – Sector & Industry Specific Analysis
The finance minister maintained a commendable balance between the evenly stronger and mostly diverging compulsions of economic growth, fiscal discipline and political expediency.
Most of the budget provisions are inarguably aimed at ensuring inclusive growth, and bringing in equity in taxation and provisions.
A record number of measures have been introduced, to bring predictability, transparency and conciliation in the tax regime of the country.
"The Government is keen to have sustainable long term investment driven growth rather than a short term consumption driven growth." Here's our take on the Union Budget 2019 - 20.
As our five years term is drawing to a close, we will do well to make an honest appraisal of our performance vis-à-vis our promises. In any country, more so, in developing countries like ours, budgets play a very crucial role in allocating scarce resources among many competing demands to eventually enhance the human development index and per capita income…The ultimate objective of good governance is to empower every section of the population so that they can lead a decent life…I am happy that we have not only delivered on all the promises that we made in our successive policy documents presented in the Governors’ addresses, but have also met all the targets set out in the National Common Minimum Programme (NCMP)…
HAQ: Center for Child Rights
B1/2, Ground Floor,
Malviya Nagar
New Delhi - 110017
Tel: +91-26677412,26673599
Fax: +91-26674688
Website: www.haqcrc.org
FaceBook Page: https://www.facebook.com/HaqCentreForChildRights
Our Government is firmly committed to inclusive growth, which means higher welfare and better quality of life. Welfare means providing two square meals a day for those who are starving, shelter to a person who is homeless, employment to those who are in penury. Welfare means providing congenial atmosphere for basic education to every child and providing essential medical facilities to a common man to lead a healthy life...In consonance with the 11th Five Year Plan priorities, Education and Health are being given substantial hike in allocation. During the year 2008-09, an amount of Rs.1771 crores is being apportioned for education which is 115 % higher than the current year. Likewise, Health is being allocated an amount of Rs.1315 crores, 73% higher than the current year allocation…
HAQ: Center for Child Rights
B1/2, Ground Floor,
Malviya Nagar
New Delhi - 110017
Tel: +91-26677412,26673599
Fax: +91-26674688
Website: www.haqcrc.org
FaceBook Page: https://www.facebook.com/HaqCentreForChildRights
India’s new finance minister, Arun Jaitley, presented his maiden Budget on July 10. Much has been expected from this government, which is widely considered to be pro-industry and reform-friendly.
While the Budget had significant announcement like the raising of foreign investment caps in defense and insurance, as well as a change in income-tax norms, it also set very ambitious growth targets.
Can Jaitley achieve them even as the global economy struggles to get back on track? This is an uphill task and will require more bold and politically tough decisions.
Share your feedback with us on twitter @MSLGROUP_India
If you are tense for some reason, know that you are caught in the rut of unconsciousness. A spiritual seeker should wake up and relax. How can you relax till the situations change? Situations change only when you relax, look up, look within, and take refuge in the Mantra and repeat it with Love and trust in its infinite power to clear the fog of your mind and it Works!!
Each religion has its own powerful sounds that evoke the God in us. God is light. When you evoke the Light, dark forces that conspire sitting in your own mind cannot work. Unconsciousness creates the ground for the negative forces to work, and negative forces are dark, they are effective in darkness, they cannot tolerate light, can’t survive in light, so they always look for opportunities when we are off guard, a little slip from the state of consciousness and you are enveloped with dark forces!
They are not waiting outside of you to enter, they are right there inside of you in the subconscious layers of mind and till you have cleansed and purified your subconscious, they are with you like your own shadow.
Fear, anger, anxiety, tension, they are not only enemies; they are also the forces which create opportunities for all of us to rise to our Divine inheritance. If you have not gone through pain and bondage why should you ever try to rise or work to overcome them and transcend them?
Mantra is the mystic power, the tool for us to work with, the non-violent weapon to transform the diabolic forces into Divine Light and Love. Every faith tradition that has created enlightened Masters, have all used it, it is the Word, it is the Sound, and it is the primordial essence of all that is.
Never curse your negative weaknesses it only empowers them, they are mere reminders of your challenges of life. They are there, for you are born to work with them, through them, Beyond them. Yes, Mantra will do that miracle you are waiting to see in life!!
Finance Minister Arun Jaitley presented the Union Budget for 2016-17 and reaffirmed that the economy is on the right track. The budget is aimed at strengthening India's firewalls by ensuring macroeconomic stability and prudent fiscal management; driving growth through domestic demand; and economic reforms and policy initiatives to change lives for the better. With measured focus on social sector reforms and recapitalising India's banking system, this Budget has an overarching focus on improving agriculture, and scaling infrastructure, all of which bode well for the country. The government is now planning to rationalise and channel subsidies to the poor by increasing the burden on the rich, and by increasing spending on public welfare through its own kitty.
Mr. Jaitley said the Union Budget is aimed at improving rural infrastructure and increasing rural income, as the biggest challenge to the economy is agrarian distress. Applauding the budget presented by the Finance Minister, Prime Minister Narendra Modi said the Budget is pro-village, pro-poor and pro–farmers, and is focused on bringing about qualitative changes in the country through a slew of time-bound programmes.
The attached note captures key highlights and summarises major announcements in the Budget.
Please reach out to us should you wish to understand more about the Union Budget and its impact on your business
It gives me a pleasure to present the summary and analysis of Union Budget 2016.
While you may have the snapshot, here is a document which will not only give you crisp highlights, but would also decode the impact of Budget 2016 on You, Your company and Your sector.
Hope you find this analysis useful in taking business decisions and align your company's strategy with over all economic climate for the upcoming financial year.
Would love to hear your feedback on the usefulness of the same.
Thanks a lot.
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 Hon’ble Finance Minister, Mr. P Chidambaram presented the Interim Budget for 2014-15 in the Parliament on 17 February 2014.
While not being a full-fledged budget, the Interim Budget details some interventions on the indirect taxes front and announcements of the policy roadmap.
Contents: Key Features of Interim Budget 2014-15; Analysis of the Budgetary Proposals; Fiscal Trends; Indirect Taxes – Sector & Industry Specific Analysis
The finance minister maintained a commendable balance between the evenly stronger and mostly diverging compulsions of economic growth, fiscal discipline and political expediency.
Most of the budget provisions are inarguably aimed at ensuring inclusive growth, and bringing in equity in taxation and provisions.
A record number of measures have been introduced, to bring predictability, transparency and conciliation in the tax regime of the country.
"The Government is keen to have sustainable long term investment driven growth rather than a short term consumption driven growth." Here's our take on the Union Budget 2019 - 20.
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If you are tense for some reason, know that you are caught in the rut of unconsciousness. A spiritual seeker should wake up and relax. How can you relax till the situations change? Situations change only when you relax, look up, look within, and take refuge in the Mantra and repeat it with Love and trust in its infinite power to clear the fog of your mind and it Works!!
Each religion has its own powerful sounds that evoke the God in us. God is light. When you evoke the Light, dark forces that conspire sitting in your own mind cannot work. Unconsciousness creates the ground for the negative forces to work, and negative forces are dark, they are effective in darkness, they cannot tolerate light, can’t survive in light, so they always look for opportunities when we are off guard, a little slip from the state of consciousness and you are enveloped with dark forces!
They are not waiting outside of you to enter, they are right there inside of you in the subconscious layers of mind and till you have cleansed and purified your subconscious, they are with you like your own shadow.
Fear, anger, anxiety, tension, they are not only enemies; they are also the forces which create opportunities for all of us to rise to our Divine inheritance. If you have not gone through pain and bondage why should you ever try to rise or work to overcome them and transcend them?
Mantra is the mystic power, the tool for us to work with, the non-violent weapon to transform the diabolic forces into Divine Light and Love. Every faith tradition that has created enlightened Masters, have all used it, it is the Word, it is the Sound, and it is the primordial essence of all that is.
Never curse your negative weaknesses it only empowers them, they are mere reminders of your challenges of life. They are there, for you are born to work with them, through them, Beyond them. Yes, Mantra will do that miracle you are waiting to see in life!!
2. What is Union
Budget? of
The Union Budget is the annual report
India as a country. It contains the government
of India's revenue and expenditure for the
end of a particular fiscal year, which runs from
April 1 to March 31. The Union Budget is the
most extensive account of the government's
finances, in which revenues from all sources
and expenses of all activities undertaken are
aggregated. It comprises the revenue budget
and the capital budget. It also contains
estimates for the next fiscal year.
3. THE ECONOMY AND THE CHALLENGES
• Getting back to potential growth rate of 8 percent is the challenge
facing the country.
• Slowdown in Indian economy has to be seen in the context of
slowing global economic growth from 3.9 per cent in 2011 to 3.2 per
cent in 2012.
• The large countries of the world only China and Indonesia growing
faster than India in 2012-13. In 2013-14, only China projected to
grow faster than India.
• Between 2004 and 2008, and again in 2009-10 and 2010-11 the
growth rate was over 8 per cent and crossed 9 per cent in four of
those six years. 11th Plan period had average growth rate of 8
percent, highest during any Plan period, entirely under the UPA
Government.
• High growth rate can again be achieved through cooperation.
4. THE PLAN AND BUDGETARY
ALLOCATIONS
During 2013-14, Budget Estimate of total
expenditure of Rs16,65,297 crore and of
Plan Expenditure at Rs 5,55,322 crore.
Plan Expenditure in 2013-14 to grow at
29.4 per cent over Revised Estimates for
the current year.
Budget for 2013-14 to have one
overarching goal of creating opportunities
for our youth to acquire education and
skills that will get them decent jobs or self-
employment.
5. Banking
All branches of public sector banks to
have ATM by 31.3.2014.
Proposal to set up India’s first Women’s
Bank as a public sector bank. Provision
of Rs 1,000 crore as initial capital.
Rs6,000 crore to Rural Housing Fund in
2013-14.
6. Defence
Allocation for Defence increased to
Rs2,03,672 crore including Rs86,741
crore for capital expenditure.
7. Broadcasting
Government proposes to expand private
FM radio services to 294 more cities.
About 839 new FM radio channels will be
auctioned in 2013-14 and, after the
auction, all cities having a population of
more than 100,000 will be covered by
private FM radio services.
8. Sports
National Institute of Sports Coaching to be
set up at Patiala at a cost of Rs250 crore
over a period of three years.
9. AGRICULTURE
The average annual growth rate of agriculture
and allied sector during the 11th Plan was 3.6
percent as against 2.5 percent and 2.4
percent, respectively, in the 9th and 10th
Plans.
Agricultural research will be provided Rs.3,415
crore.
The interest subvention scheme for short-term
crop loans will be continued and a farmer who
repays the loan on time will be able to get
credit at 4 percent per annum.
10. Road Construction
3000 kms of road projects in Gujarat, Madhya
Pradesh, Maharashtra, Rajasthan and Uttar
Pradesh will be awarded in the first six months of
2013-14.
Savings
Rajiv Gandhi Equity Savings Scheme to be
liberalised.
Additional deduction of interest up to Rs1 lakh for
a person taking first home loan up to Rs25 lakh
during period 1.4.2013 to 31.3.2014
11. Health
Health for all and education to all remains priority.
Rs 37,330 crore allocated to the Ministry of Health &
Family Welfare.
New National Health Mission will get an allocation of
Rs 21,239 crore.
Rs 4,727 crore for medical education, training and
research.
Ayurveda, Unani, Siddha and Homoeopathy are
being mainstreamed. Allocation of Rs1,069 crore to
Department of AYUSH.
Rs 1,650 crore allocated for six AIIMS-like
institutions.
Mid Day Meal Scheme (MDM) to be provided
Rs13,215 crore.
12. SC, ST, Women and
Children
Allocations for Scheduled Caste Sub Plan and Tribal Sub
Plan increased substantially over the allocations of the
current year. Funds allocated to these Sub Plans cannot
be diverted.
Rs 97,134 crore allocated for programs relating to
women and Rs77,236 crore allocated for programs
relating to children.
Ministry of Women and Child Development to design
schemes that will address the concerns of women
belonging to the most vulnerable groups, including single
women and widows. An additional sum of Rs 200 crore
proposed to be provided to the Ministry to begin work.