New Update
Finance Minister Arun Jaitley has presented the Union Budget 2014-15. Here are the highlights of important annoncement made by FM:
- To allocate Rs 150 crore to boost women's safety
- RBI will create framework for licences of small banks
- Govt to provide all households with banking facilities to empower the weaker sections.
- In order to complete gas grid, 15000km of additional pipeline to be developed through PPP mode
- Ultra modern power projects to be taken up in Rajasthan, Tamil Nadu, Ladakh with Rs 500 crore
- New airports to be developed through PPP mode in tier-II and tier-III cities
- 6 more textile clusters to be set up
- Rs 100 crore set aside for Kisan Television to provide real time information on various farming and agriculture issues
- Govt to set up Industrial Smart Cities in 7 cities
- Govt will initiate scheme to provide a soil health card; Rs 100 cr set aside for this Rs 56 crore for soil testing labs across the country
- Govt to provide finance to 5 lakh landless farmers through NABARD
- Rs 100 crore for modernisation of madrasas
- Development of Metro rails in PPP mode; Rs 100 crore set aside for Metro scheme in Ahmedabad and Lucknow
- Rs 3600 crore set aside for National Rural Drinking Water
- The four new AIIMS will be in AP, West Bengal, Vidarbha and Purvanchal
- Meanwhile, the Sensex is down more than 150 points
- Jaitley announces 'Beti padhao, beti badhao yojana', sets aside Rs 100 crore for this
- Govt committed to providing 24/7 power supply to all homes