Friday, 11 July 2014

General Budget 2014-15

General budget 2014-2015 was submitted to Loksabha by honorable finance minister Sri arun jaitley as on 11th day of July 2014.
              it was a massive budget with 17,94,892 Cr annual expenditures.He has given priority to two wheels of Indian finance chariot agriculture and industrial sectors .He also made several proposals to make  industrial sector to run and reach it's highest position with growth rate.

HIGHLIGHTS:

  • expenditures 17,94,892 Cr,revenue around 14 lakh Cr.of them 5,75,000 Cr is planned expenditure and 12,19,892 is non-planned expenditure.
  •  Allowance of FDI in Insurance and Defense. 
  • SILL INDIA to be launched to develop skills in youth of India.
  • BETI BHACHAV -BETI PADAVO to girl child.
  • 7700 crores to 100 smart cities
  • 5 new IIT's.
  • new taxation to all age groups.
  • 25,000 Cr to farmers welfare fund.
  • To be given preference to p-p-p type projects in projects like airports ,roads large civil constructions which stand as criteria for a developed nation,and which are yielding good results in recent years.
  • digital India

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