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Highlights of Union Budget 2006

ibnlive.com

Time Published 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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Keywords: Highlights, Union Budget

Page 6 of 9

SMEs in service sector to get the status of SSI in manufacturing sector

Rs 1500 cr allocation to boost telephone connectivity

Plan allocation for shipping up 37 pc

Bill on cellular telephony in rural areas soon

40,000 more villages to be electrified under Rajiv Gandhi Gramin Vidhyutikaran Yojana

82 power projects are in various stages of implementation in the country to overcome power shortage

Work on to identify a deep draft port in West Bengal

To promote India as a semi-conductor hub

Introduction of a comprehensive bill on insurance in 2007

Biotechnology will be the big focus in FY 06-07

180 items to be de-reserved from SSI list

Thrust industries: textile and food processing

Rs 97 crore for upgrading IITs

FII investment limit in stock markets will be raised from $1.75 billion to $2 billion

National e-governance plan to be approved shortly

Telephone connection on demand in rural areas in three years

Raise in the aggregate investment of overseas investors from $1billion to $1 billion

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