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Highlights of Union Budget 2006

TimePublished on Thu, Jan 31, 2008 at 13:20, Updated at Fri, Feb 01, 2008 in section


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Budget 2007-08: Highlights

The Government is concerned about inflation but it is confident that it will not affect growth, said Chidambaram while presenting the Union Budget.

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  • Rs 4680 cr outlay for drinking water
  • Total budget for Northeast will be Rs 12,041 crore
  • Rs 1,350 crore for the ministry of NE development
  • Rs 16.4 cr for National Minorities Development Corporation
  • Rs 8207 crore for rural health spending
  • LPG included in list of declared goods under CST Act
  • Rs 4,680 crore for Rajiv Gandhi water drinking plan
  • Rs 16,000 cr allocation for PSUs
  • Expert body to be set up for jems and jewelery sector
  • Farmers to receive short term credit at 7 per cent
  • Gross budgetary support for Plan expenditure up 20.4 pc at Rs 1,74,725 crore
  • Special tea fund of Rs 100 cr for Assam,TN,Kerala, Uttaranchal
  • Stress on development of micro-finance sector
  • Rs 4,595 cr for urban renewal mission
  • Programme for reconstruction of calamity-hit areas.
  • Rs 28,737 crore allocated for gender budgeting
  • Allocation for national Urdu education programme increased to Rs 13 crore
  • Rs 10, 000 cr allocation for rural infrastructure
  • Special schemes for STs and SCs for their development.
  • India to be made manufacturing hub for textiles, steel
  • India to be made manufacturing hub for metals and petro products
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