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Key Features of Interim Budget 2009-2010
o Rs.900 per quintal for the crop year 2008-09. In case of wheat, increase was from Rs.630 per quintal in 2003-04 to Rs.1080 per quintal for the year 2009.

 

Rural Development

 

�� The corpus of Rural Infrastructure Development Fund (RIDF) increased from

Rs.5,500 crore in 2003-04 to Rs.14,000 crore for the year 2008-09. A separate

window for rural roads created with a corpus of Rs.4,000 crore for each of the last

three years.

 

�� As against 60 lakh houses to be constructed under Indira Awaas Yojana by

2008-09, 60 lakh twelve thousand houses constructed between 2005-06 to

December, 2008.

 

�� Panchayat Empowerment and Accountability Scheme (PEAIS) proposed to be

expanded.

 

�� ‘Project Arrow’ to provide new technology enabled services through post offices

to common man and support effective implementation of social sector schemes

like NREGS, while promoting financial inclusion.

 

Education

 

�� Major initiatives including a new Centrally Sponsored Scheme launched to

universalize education at secondary stage in the year 2008-09.

 

�� Outlay on Higher Education increased 9 fold in the Eleventh Five Year Plan. Ordinance promulgated for establishing 15 Cent



 
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