19. Budget proposes to set up agri-infrastructure fund at
a cost of Rs 100 crore; two more agri-research institutes in Jharkhand and
Assam.
20. Indian Depository Receipts (IDR) to be replaced with more liberal Bhartiya
Depository Receipts (BDR).
21. Convergence of New Indian Accounting Standards (IAS) by F.Y. 2014-15
voluntarily and by F.Y. 2015-16 mandatorily.
22. Foreign Direct Investments in Defense enhanced to 49% (With Indian
Management and Control) from existing 26%
23. Under Employee pension scheme (EPS) minimum Pension limit enhanced to Rs.
15000 from existing Rs. 6500 with minimum monthly contribution of Rs. 1000 per
month.
24. Metro rail services to be launched in Lucknow and Ahmedabad; Rs 100 crore
set aside for it.
25. Andaman and Nicobar islands are a crucial part of our country. To tide over
communication related problems, will allocate Rs 150 crore.
26. Northeast to see development of its rail system. Will expedite rail
connectivity in the region and allocate an additional sum of Rs 1000 crore over
and above the interim budget.
27. Rs 500 crore for displaced Kashmiri migrants and their rehabilitation.
28. To promote leadership skills, a young leadership programme will be proposed
and allocated Rs 100 crore.
29. Setting aside Rs 100 crore for training of women in Asian and Commonwealth
games.
30. A sports university to be proposed in Manipal.
31. Propose to provide Rs 200 crore to upgrade indoor and outdoor stadium to
international levels in Kashmir valley.
32. National sports academies for major sports.
33. Each state where there is no AIIMS will be added in the coming years.
34. Rs 2037 crore for new scheme to rejuvenate Ganga.
35. NRI fund for Ganga will be setup too.
36. Our riverfronts and ghats are not only rich historical places but sacred
too. Proposed to set aside Rs 100 crore for this.
37. Budget proposes National Housing Banking programme; sets aside Rs 8,000
crore.
38. Safe drinking water in 20,000 habitations in villages facing problem of
impure drinking water.
39. Effort to link rivers can give rich dividends to the country.
40. Need to develop world class convention facilities with the private sector.
41. Archaeological sites preservation requires immediate attention so allocated
Rs 100 crore for this.
42. Committee will be set up to examine how unused money in postal schemes can
be utilized [India Post team to note]
43. Crisis Management Centres for women to be set up at all government
hospitals in NCR region
44. In order to strengthen border infra, Rs 2,250 crore has been set up. Rs 990
crores for socio-economic development of villages along the border.
45. Propose to allocate Rs 2, 29,000 crore to the Defense sector.
46. Modernization of armed forces is required. Capital out will be increased to
Rs 5000 crore over and above the interim budget.
47. Government approves minimum monthly pension of Rs 1,000 per month under
EPS-95 scheme run by EPFO.
48. Strengthening the regulatory framework of commodity markets.
49. Allow international settlement of Indian debt securities. Introduce a
liberal Bharat Depository receipt.
50. Advise financial sector regulators to eliminate unnecessary restrictions.
51. Also essential to have a modern monetary policy to meet challenges of
complex economy.
52. Deen Dayal Upadhaya Gram Jyoti Yojana to be launched to augment power
supply in rural areas.
53. Rs 200 crore set aside for the Sardar Patel statue project in Gujarat.
54. Presently, 15000 km of gas pipelines in the country. An additional 15000 km
are required, to develop this under appropriate PPP model, long term aim will
be to reduce dependence on any one energy source.
55. Government intention to accelerate production of coal, methane.
56. Rs 200 crore for 6 textile clusters in Rae Bareli, Lucknow, Surat,
Bhagalpur.
57. Expressways parallels to industrial corridors.
58. Government proposes to set up 100 smart cities. Government to provide Rs
7,060 crore for development of such cities.
59. Public sector banks need Rs 2.40 lakh crore equity to conform with
Basel-III norms by 2018
60. Comprehensive policy to announce Indian ship-building industry.
61. Pashmina production unit in Jammu & Kashmir and allocated Rs 50 crore
for this.
62. Definition of MSME will be revised to provide higher capital saving.
63. Bankruptcy framework for MSME’s for an easy exit.
64. SME’s account for a large proportion of economic output. Majority are run
by SC/ST/OBC’s.
65. The performance of apprenticeship training is unsatisfactory, has to be
suitably amended to be responsive to the industry standards.
66. Economic growth export promotion and employment generation is needed.
67. Exports cannot be exponentially increased unless states play an important
role in promoting it.
68. Manufacturing units will be allowed to sell their products through retail
and e-commerce.
69. Budget proposes 49 per cent FDI in insurance through FIPB route.
70. Our Banking system needs to be further strengthened. Need to infuse Rs 2.40
lakh crore in our banks.
71. Bank capital to be raised through retail sale of shares; Government to
continue to hold majority in PSU banks.
72. AIIMS-like institutions in Bengal, Purvanchal and Jharkhand.
73. Rs 400 crore allocated for low-cost housing project.
74. Farmers will get 5% rebate on timely repayment on loans.
75. Rs 100 crore for ‘start up’ programme for youth.
76. Rs 500 crore allocation for price stabilization.
77. Rs 100 crore for the modernization of madrasas.
78. All future indirect transfers under the retro tax regime will be
scrutinized by a high level committee of CBDT before action is taken.
79. Government to set up a high-level Committee to interact with industry to
bring about changes in tax laws if required.
80. Transfer pricing regulations for residents and non-residents being done.
81. Currency notes to have Braille to help the visually impaired.
82. Rs 7,060 crore for new smart cities.
83. Propose Beti Bachao Beti Padao Yojana which will help in generating
awareness and improve efficiencies of delivery of services to women.
84. New urea policy will be formulated.
85. Government medical colleges approved, 12 more medical colleges proposed.
86. Strive to provide toilets in girl schools. Rs 4,966 crores from Rashtriya
Madhyamik Shiksha Abhiyan for this.
87. MNREGA. To focus on productive, asset creating works.
88. 150 crore by home ministry to increase safety of women in larger cities.
89. Plan to achieve total sanitation by year 2019.
90. A national multi-skill programme called ‘Skill India’ will provide skill
sets to the youth for employability and entrepreneurial skills.
91. We wish to achieve 7 to 8 per cent growth in next 3-4 years
92. Fiscal deficit target at 3%.
New legislation will be introduced soon to implement GST.
