Budget 2011-2012

11:06 PM Thinker

1-Total expenditure -12,57,729cr
2-Indian economy expected to grow by 9%
3-Gdp expected to grow by 8.6%(real)
4-Fiscal deficit decreases from 5.5 of GDP in bossiness year to 5.1 in RE
5-priority sector loan increased to 25lack from 20 lack
6-Surchrage on domestic companies decreases to 5.5 from 7.5.
7-Central excise duty is 10%
8-Disinvestment planned in 2011-12 -400billion
9-6000cr for PSU bank
10-500cr for regional rural bank
11-5000 cr to SIDBI
12-3000cr to NABARD for handloom worker
13-Ntional food security bill to be introduce
14-Aganwadi worker will get now 3000/month instead of 1500/month
15-Indira Gandhi old age pension age reduce to 60 yr from 65 yr
16-200cr for green india
17-200cr fo cleanup lakes
18-Sugam-scheme for low tax payer.
19-Tax exemption-increase to 1.8 lack
                           senior citizen age reduce to 60 from 65
                        above 80 yrs tax exemption is 5 lack
Finance minister chief economic advisior -Mr Kaushik Basu.