GENERAL BUDGET 2009-10 |
The Union Finance & External Affairs Minister, Shri Pranab Mukherjee arrives at Parliament House to present the General Budget 2009-10, in New Delhi on July 06, 2009. The Ministers of State of Finance, Shri S.S. Palanimanickam and Shri Namo Narain Meena are also seen. (pib)
· THE FINANCE MINISTER SHRI PRANAB MUKHERJEE, UNVEILS MASSIVE HIKE IN EXPENDITURE TO PUT THE ECONOMY ON GROWTH PATH.
· TOTAL EXPENDITURE INCREASED BY 36 PER CENT; PLAN EXPENDITURE TO GO UP 34 PER CENT TO RS. 3,25,149 CRORE.
· NON-PLAN EXPENDITURE
TO GO UP BY 37 PER CENT.
· TARGET FOR AGRICULTURAL CREDIT FLOW SET AT RS. 3,25,000CRORE. ALLOCATION UNDER RASHTRIYA KRISHI VIKAS YOJANA INCREASED BY 30 PER CENT AND UNDER ACCELERATED IRRIGATION BENEFIT PROGRAMME INCREASED BY 75 PER CENT.
· ALLOCATION UNDER NREGS HIKED BY 144 PERCENT TO RS. 39,100 CRORE.
· ALLOCATION UNDER BHARAT NIRMAN INCREASED BY 45 PERCENT; PRADHAN MANTRI GRAM SADAK YOJANA, RAJIV GANDHI GRAMEEN VIDYUTIKARAN YOJANA AND INDIRA AWAAS YOJANA GET SUBSTANTIAL HIKE.
· NEW SCHEME OF PRADHAN MANTRI ADARSH GRAM YOJANA TO BE LAUNCHED ON PILOT BASIS.
· ALL BPL FAMILIES TO BE COVERED UNDER RASHTRIYA SWASTHYA BIMA YOJANA .
· UNIQUE IDENTIFICATION AUTHORITY OF INDIA GETS RS. 120 CRORE.
· ONE-RANK ONE-PENSION COMMITTEE REPORT ACCEPTED. PRE-1997 AND PRE-2006 BELOW OFFICER RANK DEFENCE PENSIONERS TO BENEFIT.
· OUTLAY FOR COMMONWEALTH GAMES INCREASED TO RS. 3472 CRORE.
· NO CHANGE IN CORPORATE TAX RATES.
· INCOME TAX EXEMPTION LIMIT INCREASED BY RS. 10,000 FROM RS. 1.5 LAKH TO RS. 1.6 LAKH, FROM RS.1.8 LAKH TO RS.1.9 LAKH FOR WOMEN TAX PAYERS AND RS.2.25 LAKH TO RS. 2.4 LAKH FOR SENIOR CITIZENS.
· 10 PER CENT SURCHARGE ON INCOME TAX GOES.
· FRINGE BENEFIT TAX TO BE ABOLISHED.
· MINIMUM ALTERNATE TAX INCREASED FROM 10 TO 15 PER CENT.
· COMMODITY TRANSACTION TAX TO BE ABOLISHED.
· TELEVISION SET-TOP BOX TO ATTRACT 5 PER CENT CUSTOMS DUTY.
· CUSTOMS DUTY ON BIO-DIESEL REDUCED FROM 7.5 TO 2.5 PERCENT ON LCD PANELS FROM 10 PER CENT TO 5 PER CENT. AND ON 10 SPECIFIED LIFE SAVING DRUGS/VACCINE FROM 10 PER CENT TO 5 PERCENT.
· CUSTOMS DUTY ON GOLD INCREASED FROM RS. 250 PER 10GRAMS TO RS. 500.
· EXCISE RATE HIKED FROM 4 TO 8 PER CENT FOR A NUMBER OF PRODUCTS BARRING SPECIFIED FOOD ITEMS, DRUGS AND PHARMACEUTICALS, MEDICAL EQUIPMENT, PAPER AND PAPER BOARDS, PRESSURE COOKERS AND CHEAP FOOTWEAR.
· EXCISE DUTY ON NAPTHA, SLASHED TO 14 PER CENT WHILE HIGH SPEED DIESEL BLENDED WITH 20 PER CENT BIO-DIESEL FULLY EXEMPTED FROM EXCISE DUTY.
· EXCISE DUTY ON MAN-MADE FIBRE, POLYESTER CHIPS, PTA AND DMT TO BE INCREASED FROM 4 PER CENT TO 8 PER CENT.
· SERVICE TAX TO BE IMPOSED ON COSMETIC AND PLASTICSURGERY, TRANSPORT OF GOODS BY RAIL AND COASTAL AND INLAND WATERWAY CARGO.
· REVENUE DEFICIT PROJECTED AT 4.8 PER CENT OF GDP.
· FISCAL DEFICIT PEGGED AT 6.8 PER CENT. (pib)
Extension of Stimulus Package for Print Media till 31st December 2009
The Stimulus Package given to the Print Media in February 2009 has been further extended by the Finance Minister Shri Pranab Mukherjee, for another six months from 30th June 2009 to 31st December 2009. In February 2009, the print media was given a stimulus package comprising waiver of 15% agency commission on DAVP advertisements and a 10% increase in the DAVP rates to be paid as a ‘Special Relief’ subject to documentary proof of loss of revenue in non-governmental advertisements. (pib)
Traffic movement has been affected on NH-31
Siliguri, 6June: PTI: Regular Traffic movement has been affected on NH-31 here following a series of landslides.
"The Border Task Force are cleaning the debris, " Darjeeling District Magistrate Surendra Gupta said. At present, only light vehicles are being allowed to move towards the Dooars, Kalimpong and Sikkim, he said.
The services of toy trains, a major tourist attraction of Darjeeling, has also been suspended after the earth underneath the tracks got removed as a result of the landslides, Darjeeling HimalayanRailway sources said.
"It is still uncertain when would the services be restored,"they said.
Kandhamal MLA Take Oath on Bail
Bhubaneswar, July 6 (ANI): BJP leader Manoj Pradhan, who is an accused in Orissa’s Kandhmal riots, took oath on Monday as member of the legislative assembly.
Pradhan, who is currently out on bail, fought the elections from a jail and won from G Udayagiri constituency with a margin of nearly 24,000 votes.
Pradhan was arrested and jailed in October on charges of murder, arson, rioting and spreading communal hatred.
Orissa High Court granted Pradhan 15-day bail to allow him to take oath.
After taking oath, Pradhan said that he hoped that he would get support in the Assembly.
“I will try for a bail. I do not think I will go to jail again. (Q Will you get support in the Assembly?) Yes I will,” said Pradhan.
The violence in Kandhamal was sparked by the murder of a Hindu leader in the tribal area, where Christian missionaries have been active for years.
More than 25,000 Christians in the area were forced to flee their homes after their houses were attacked by rampaging mobs.
The murdered leader had been heading a local campaign to reconvert Hindus and tribal people from Christianity. (ANI)
Search for surrogate mother for elephant calves continues
Indopia: PTI, Siliguri, July 6: Officials in West Bengal are desperately looking for a surrogate mother to raise two elephant calves rescued recently. "We have been looking for a lactating&aposkunki'-- a trained elephant -- to feed a two-month-old calf which was rescued from the banks of Torsha river in Haldibari district yesterday," DivisionalForest Officer (Wildlife-III), Om Prakash, told reporters at Alipurduar.
Missing Girl got ransom call
Shillong , July 6: The family of a 22-year-old girl from Meghalaya who went missing after she left for Bangalore to meet a man she met online, today claimed they have received a ransom call demanding Rs five lakh.
Sahana Rymbai of Nongmyngsong went missing on June 29 shortly after reaching Bangalore from Guwahati to meet her online male friend, who had introduced himself as Samir Gafur, her mother Shenaz said.Despite repeated calls by her mother to Sahana & aposs number, she remained incommunicado for two days.Later she briefly came on line to inform her mother that she was with Samir. When her mother called again on her daughter & aposs number, an anonymous person demanded Rs five lakh for her & apos release', Shenaz claimed." While the male voice initially asked Sahana & aposs family to deposit Rs 5 lakh in an account of Karnataka Bank (Gramin), they were later asked to come to the Bangalore airport." President of Civil Society Women & aposs organisation Agnes Kharshiing said quoting Shenaz.
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