Successfully reported this slideshow.
A critical analysis of the union budget
Key facts:   GDP growth is 6.9 per cent in real terms in 2011-12.   Fiscal deficit at 5.9 per cent of GDP in RE 2011-12....
BUDGET OVERVIEW:Revenue: (in cr.)   Tax Receipt              : 771071   Non Tax Receipt          : 164614   Total revenue ...
BUDGET HIGHLITHES:   Income tax exemption limit raised to Rs.2 lakh   Defence to get Rs.1.93 lakh crore   Excise duty a...
Continued……………,   Infrastructure sector is given with great importance.   External commercial borrowing   Hope to raise...
INFRASTRICTURE:
Key Highlights:  investment in infrastructure to Amount to 50            Sector                 go upNHAI                ...
AGRICULTURE:
Key Highlights:   agricultural credit increased in 2012-13 to Rs.    5,75,000 crore.   interest subvention scheme for pr...
Conclusion:The Union Budget 2012-13 tries to give a more realisticpicture of India government’s fiscal position.However, j...
Thank You              "Mistakes are the portals of                     Discovery."                    - James JoyceSHIVAD...
Budget 2012-13
Budget 2012-13
Upcoming SlideShare
Loading in …5
×

Budget 2012-13

522 views

Published on

few sectors only

Published in: Economy & Finance
  • Be the first to comment

  • Be the first to like this

Budget 2012-13

  1. 1. A critical analysis of the union budget
  2. 2. Key facts: GDP growth is 6.9 per cent in real terms in 2011-12. Fiscal deficit at 5.9 per cent of GDP in RE 2011-12. Y-O-Y Inflation rate has came down to 9.1%. Sectoral share: manufacturing 27%, service 59% and agriculture and allied 14% food grains production for the year 2010-11 is 244.78 mn tones.
  3. 3. BUDGET OVERVIEW:Revenue: (in cr.) Tax Receipt : 771071 Non Tax Receipt : 164614 Total revenue Receipt : 935685 Capital Receipt : 41650 (11650+30000) Total receipt : 977335Expenditure: (in cr.) planned expenditure : 521025 non planed expenditure : 969900 total expenditure : 1490925Fiscal deficit: (in cr.) : 513590 (5.1%)
  4. 4. BUDGET HIGHLITHES: Income tax exemption limit raised to Rs.2 lakh Defence to get Rs.1.93 lakh crore Excise duty and Service tax rate raised from 10 per cent to 12 per cent. Number of proactive steps taken on black money . Allocation of Rs.14,000 crore for rural water supply and sanitation.
  5. 5. Continued……………, Infrastructure sector is given with great importance. External commercial borrowing Hope to raise Rs.30,000 crore from disinvestments. agriculture and services continued to perform well. Rajiv Gandhi Equity Savings scheme is proposed.
  6. 6. INFRASTRICTURE:
  7. 7. Key Highlights: investment in infrastructure to Amount to 50 Sector go upNHAI 10000 lakh croreIRFC 10000 Tax free bonds worth Rs.60000 crores is toIIFCL 10000 be allowed.HUDCO 5000NATIONAL HOUSING BOARD 5000 Initiatives to public private partnershipsSIDBI 5000 (PPP).PORT 5000 First Infrastructure Debt Fund with an initialPOWER SECTOR 10000 size of 8,000 crore launched
  8. 8. AGRICULTURE:
  9. 9. Key Highlights: agricultural credit increased in 2012-13 to Rs. 5,75,000 crore. interest subvention scheme for providing short term crop loans to farmers at 7% interest P.A. Allocation of Rs. 10,000 crore to NABARD for refinancing the Regional Rural Banks. Transforming KCC into smart cards Reduction in custom duty from 7.5% to 2.5% in agriculture and related sectors.
  10. 10. Conclusion:The Union Budget 2012-13 tries to give a more realisticpicture of India government’s fiscal position.However, just like previous budget some questions stillremain on subsidies. Major subsidies for 2012-13 imply adecline of 14% from 2011-12. All the major subsidies arepegged to be lower compared to 2011-12 except foodsubsidy. Even in food subsidy the rise is a marginal 3%considering Food Security Act is to be implemented thisyear. Hence, there could again be some issues on subsidyfront.
  11. 11. Thank You "Mistakes are the portals of Discovery." - James JoyceSHIVADEVA SWAMY SHISHIR ARYAL SANDEEP KUMAR S

×