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Special small saving instrument for girl child education: FM

The FM said that fiscal prudence is of paramount importance and the Budget aims to lay down broad policy indications.

July 10, 2014 12:40 IST | India Infoline News Service
Finance Minister Arun Jaitley has begun his Union Budget for 2014-15 speech in Lok Sabha today.
The FM said that fiscal prudence is of paramount importance and the Budget aims to lay down broad policy indications.
Below are the highlights of FM's Budget speech:
One demat a/c for all financial transactions: FM
To enhance PPF allocation to Rs. 1.5 lakh/yr: FM says
Arun Jaitley "modernisation of armed forces is important. Rs.5000 crore will be spent on this. It is above the budget allocation".
Arun Jaitley "War memorial will be constructed at the Princess Park".
Arun Jaitley "Goa has emeged as a major internation convention centre. Need to build a world class facility based on PPP model there".
Arun Jaitley "Allocation for the Defence sector would Rs.2.29 lakh Crore".
Capital outlay increased by Rs 5000 crore over interim Budget
Police reforms: Rs 3000 crore set asie vs Rs 1800 crore last Budget
Bank will be encouraged to give long term funds & loans to the infrastructure sector
Serious effort to link rivers. Sets aside Rs 100 crore for a report.
Substantial money spent to clean Ganga. Integrated Ganga Conservative Mission: Rs 2037 crore for it
Rs 100 crore for Ghat development
Turn 5 centres into research instituions. PPP model
2 clusters for research in Kolkata and Pune
Govt in principle agrees to consolidation of PSU banks
Rise of NPA matter of concern
6 new revival tribunals to be set up
Insurance Bill to be brought for consideration in Parliament
Special small saving instrument for girl child education and girl marriage
Read more:
Highlights of Union Budget 2014-15

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