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Key Features of Interim Budget 2009-2010
Mission, Rs.40,900 crore allocated for Bharat Nirman for the year 2009-10.

 

�� A provision of Rs.100 crore in the Annual Plan 2009-10 made for Unique

Identification Authority of India.

 

�� RIDF-XV proposed with a corpus of Rs.14,000 crore. Separate window for rural

roads to continue with a corpus of Rs.4,000 crore.

 

�� Interest subvention of 2 per cent on pre and post shipment credit for certain

employment oriented sectors i.e. Textiles (including handlooms & handicrafts),

Carpets, Leather, Gem & Jewellery, Marine products and SMEs extended beyond

March 31, 2009 till September 30, 2009 involving an additional financial outgo of

Rs.500 crore.

 

�� Government to recapitalize the public sector banks over the next two years to enable them to maintain Capital to Risk Weighted Assets Ratio (CRAR) of 12 per cent.

 

�� Allocation for Defence increased to Rs.1,41,703 crore which includes Rs.54,824

for Capital Expenditure.

 

�� Major subsidies including food, fertilizer and petroleum estimated at Rs.95,579

crore.

 

�� For the fiscal 2009-10, with Centre’s net tax revenue estimated at Rs.5,00,096

crore and Revenue expenditure at Rs.8,48,085 crore, revenue deficit is estimated

at 4 per cent of GDP and fiscal deficit at 5.5 per cent of GDP.

 



 
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