The document summarizes key aspects of India's 2013 Union Budget as prepared by Finance Minister P. Chidhambaram. It allocates funds to sectors like education, banking, agriculture, sports, oil/gas, insurance, environment, and tax. For education, it provides Rs. 4,727 crore for medical education and Rs. 27,258 crore for Sarva Shiksha Abhiyan. It allocates Rs. 6,000 crore to a Rural Housing Fund and Rs. 2,000 crore to an Urban Housing Fund. The agriculture budget sees increased allocation of Rs. 27,049 crore and Rs. 3,415 crore for agricultural research.

2. BUDGET
Budget is an estimation of
income and expenditure for
a set period of time, it put
forward by a finance
minister.
India’s Union Budget 2013
was prepared by
Mr.P.Chidhambaram.

3. BUDGET 2013
BudgetEducation
Environment
Tax
Oil/gas
Insurance
Bank
Agriculture
Sports

4. EDUCATION
• Rs.4,727 crore for medical
education, training and
research.
• Rs.27,258 crore provided for
Sarva Shiksha Abhiyaan
(SSA).

5. BANKING
• Rs.6,000 crore to Rural
Housing Fund in 2013-14.
• National Housing Bank to
setup Urban Housing Fund
2,000 crore to be provided to
the fund in 2013-14.

6. AGRICULTURE
• Agricultural research
provided Rs.3,415 crore.
• Rs.27,049 crore allocated
to Ministry of
Agriculture, an increase
of 22% over the current
year.

7. SPORTS
• National Institute of
Sports Coaching to be
set up at Patiala at a cost
of Rs.250 crore over a
period of 3 years.

8. OIL/GAS
• A policy to encourage
exploration and
production of shale gas
will be announced.
• The 5 MMTPA LNG
terminal in
Dabhol, Maharashtra will
be fully operational in
2013-14.

9. INSURANCE
• Rashtriya Swasthya Bima Yojana to be extended to
other categories such as rickshaw, auto-rickshaw and
taxi drivers, sanitation workers, rag pickers and mine
workers.

10. ENVIRONMENT
• To support municipalities that will implement waste-
to-energy projects.
• ‘Generation-based incentive’ reintroduced for wind
energy projects and Rs.800 crore allocated for this
purpose.

11. TAX
• A tax credit of Rs.2000 to every
person with total income upto 5
lakhs.
• Increase surcharge from 5% to 10%
on domestic companies whose
taxable income exceed Rs.10 crore.
• Duty on Set Top Boxes increased
from 5% to10 %.
• Duty on raw silk increased from 5%
to 15%.

12. BY
ABDUL AKKEEM