IIFL Research & Impact Analysis

list Union Budget 2012-13: ‘Fiscal consolidation = Subdued growth ?’
Expectations were really never high from the budget after the recent electoral drubbing. The need of the hour was a clear roadmap for fiscal consolidation by cutting expenditure and subsidies. Instead, a slew of allocations were made to several schemes in an attempt to be populist.
list Union & Railway Budget 2011-12 Wrap Up: IIFL Research
Check how effective was the budget and its impact on different sectors
list Union Budget 2011-12 - ‘Fiscal consolidation poses major challenge’
With subsidies and expenditure appearing understated, meeting the fiscal deficit target of 4.6% for FY12 will be a major challenge.


Finance Ministers of India

Pranab Kumar Mukherjee
(1982-1985, Feb 2009-May 2009, May 2009-Continuing)

Pranab Kumar Mukherjee is a prominent leader of India National Congress. He has...
View All Finance Ministers >>
Also View:
- Prime Ministers Of India
- RBI Governors
IndiaInfoline arrow Budget arrow Budget Highlights

FY 2009-10: Aam Aadmi is the focus of all UPA schemes

India Infoline News Service / 7:30 am , Jul 06, 2009

Swarna Jayanti Swarozgar Yojna (SGSY) now as National Rural Livelihood Mission (NRLM) to make it universal, more focussed and time bound for poverty alleviation by 2014













   Following are the highlights with respect to the rural sector announced in the budget

  • Mandate for inclusive growth
  • National Rural Employment Guarantee Act (NREGA) Allocation hiked by 144% to Rs.39,100 crore
  • NREGA provided employment opportunities to more than 4.479 crore households in 2008-09
  • Rs. 100 per day as entitlement under NREGA
  • Pilot Project to be taken up in 115 districts by converging NREGA with other schemes
  • Bharat Nirman allocation hiked by 45%
  • Indira Awaas Yojna allocation up by 63% to Rs 8,883 crore
  • Rs 2,000 crore for rural housing fund under National Housing Bank
  • Rs 100 crore one-time grant to expand banks in unbanking areas
  • PM Gram Sadak Yojna hiked up by 59 per cent to Rs.12,000crore.
  • PM Grameen Adarsh Yojna on pilot basis in 100 villages with SC/ST population.
  • Swarna Jayanti Swarozgar Yojna (SGSY) now as National Rural Livelihood Mission (NRLM) to make it universal, more focussed and time bound for poverty alleviation by 2014
  • Target to enrol 50% cent of rural women in self-help groups over the next five years
  • Rural mega clusters in Bengal and Rajasthan
  • Incentives in interest rates to farmers to pay back
  • Interest subsidy for home loans up to Rs 1 lakh
  • Work on National Food Security scheme for subsidised food
  • Govt to shift to nutrient based fertiliser subsidy regime
  • Fertiliser subsidy to go directly to farmers
  • Incentives in interest rates to farmers to pay back
  • Target for agriculture credit raised to Rs 3,25,000 cr in 2009-10
  • Additional budget allocation to farmers
  • Allocation of Rashtriya Krishi Vikas Yojna stepped up by 30%
  • Banking network to be expanded
  • One banking centre in every bloc
Skip Navigation Links.