Union Budget (10-July 2014)

• Rs. 100 Crore for Development of Organic Farming and Rs. 1000 Crore for Development of Rail Connectivity in the North Eastern Region
(10-July 2014)
• Personal Tax Exemption Limit Raised by Rs. 50,000/- ; No Change in the Rate of Surcharge; 15% Investment Allowance to Manufacturing Companies, to Incentivize Small Entrepreneurs and Income from Foreign Portfolio Investors to be Treated as Capital Gains.
(10-July 2014)
• Finance Minister Proposes Rs. 200 Crore for Power Reforms and Rs. 500 Crore for Water Reforms to Make Delhi a World Class City
(10-July 2014)
• More Services Bought in the Service Tax Net, Indirect Taxes to Yield Rs.7525 Crore
(10-July 2014)
• Budget Estimates for 2014-15 Project Fiscal Deficit of 4.1% and Revenue Deficit of 2.9% of GDP
(10-July 2014)
• Basic Custom Duties Reduced on Certain Items to Encourage Investment and Domestic Production
(10-July 2014)
• Energy Sector given due Importance in Budget 2014-15
(10-July 2014)
• Rs 100 Crore Allocated for Technology Development Fund
(10-July 2014)
• All Households to be Provided with Banking Services
(10-July 2014)
• Institution for Mainstreaming PPPS will be Set-Up
(10-July 2014)
• More Funds for War Memorial and National Police Memorial
(10-July 2014)
• Handlooms Trade Facilitation Centre and Crafts Museum will be Set Up at Varanasi
(10-July 2014)
• Defence Allocation Raised to Rs 2,29,000 crore
(10-July 2014)
• Micro, Small and Medium Enterprises Sector will be Revamped
(10-July 2014)
• Allocation for Modernization of State Police Forces Raised to Rs 3,000 crore
(10-July 2014)
• Special Economic Zones will be Strengthened
(10-July 2014)
• National Industrial Corridor Authority to be Set-Up
(10-July 2014)
• Reforms in the Food Sector will be Taken up on Priority
(10-July 2014)
• Measures to Increase Investment and Credit Flow into Agriculture Sector
(10-July 2014)
• Technology Driven Second Green Revolution with Focus on “Protein Revolution”
(10-July 2014)
• Rs.200 Crores Allocated For The Statue Of Unity
(10-July 2014)
• National Adaptation Fund to be Established for Climate Change
(10-July 2014)
• Deendayal Upadhyaya Gram Jyoti Yojana
(10-July 2014)
• Shyama Prasad Mukherji Rurban Mission
(10-July 2014)
• Soil Health Card Scheme for Every Farmer
(10-July 2014)
• Swatchh Bharat Abhiyan
(10-July 2014)
• A Dedicated TV Channel ‘Kisan TV’ to be Launched for Farmers
(10-July 2014)
• Pradhan Mantri Krishi Sinchayee Yojana
(10-July 2014)
• 2 Agriculture Research Institutes in Jharkhand and Assam and Agri-Tech Infrastructure Fund of Rs 100 Crores to be Setup
(10-July 2014)
• Multi Skill Programme – Skill India to be Launched
(10-July 2014)
• Real Estate Investment Trust and Infrastructure Investment Trust to be Incentivised
(10-July 2014)
• Rs. 200 Crore Set Aside in the Current Financial Year for Developing World Class Sports Stadiums in Jammu and Kashmir;
(10-July 2014)
• Kisan Vikas Patra (KVP) Re-Introduced
(10-July 2014)
• Rs. 500 Crore Set Aside in the Current Financial Year to Create Five Tourist Circuits;
(10-July 2014)
• Several Steps Announced to Promote Foreign Direct Investment (FDI) in Select Sectors
(10-July 2014)
• Finance Minister Sets Up an Integrated Ganga Conservation Mission ‘Namami Gange’ with an Outlay of Rs. 2037 Crore;
(10-July 2014)
• E-Visa to be Introduced at Nine Airports
(10-July 2014)
• Pending Insurance Laws (Amendment) Bill to be Tabled in Parliament Soon; FM
(10-July 2014)
• Public Sector Undertakings (PSUs) to Invest Rs.2,47,941 Crores in the Current Fiscal
(10-July 2014)
• Welfare of Girl Child on Upmost Priority of the Government: FM
(10-July 2014)
• Capital of Public Sector Banks to be Raised Through Sale of Shares
(10-July 2014)
• Enactment of Indian Financial Code Necessary for Better Governance and Accountability: FM
(10-July 2014)
• Higher Budgetary Allocations have been Made for Rural Road and Water Sectors
(10-July 2014)
• Allocation of Rs. 7060 Crores for Smart Cities
(10-July 2014)
• Government Reiterates Its Commitment to the Welfare of SCs & STs
(10-July 2014)
• Legislative and Administrative Changes Proposed to Reduce Litigation in Direct Taxes
(10-July 2014)
• Beti Bachao, Beti Padhao Yojana Launched
(10-July 2014)
• Digital India Programme Launched to Bridge the Divide Between HAVES and HAVE – NOTS
(10-July 2014)
• Fresh Cases Arising Out of Retrospective Amendments of 2012 to be Scrutinised by High Level Committee:FM
(10-July 2014)
• Government to Constitute an Expenditure Management Commission to Look into Various Aspects of Expenditure Reforms:FM
(10-July 2014)
• Five New IITs and Five New IIMS will be Set Up in the States
(10-July 2014)
• Target of Fiscal Deficit of 4.1 Per Cent for 2014-15
(10-July 2014)
• Government Attaches Top Priority for Free Drug and Diagnosis Services to Achieve the Goal of Health for All
(10-July 2014)
• Housing for All by 2022
(10-July 2014)
• Government to Spend 50,000 Crore Rupees for Development of Urban Areas
(10-July 2014)
• Government Committed to Achieve Fiscal Deficit of 4.1% for 2014-15