Friday, May 8, 2009

Interim Budget 2009-10

The Budget is a statement of the financial position of an administration for a definite period of time based on estimate of expenditures during the period and proposals for financing them.The Interim Budget 2009-10 presented to Parliament on February 16th.

Initiatives & Achievements

Flagship Programmes

  • Allocation raised to Rs. 1,31,317 Crore for 2009-10. NREGA gets Rs.30,100 crore, Sarva Shiksha Abhiyan Rs.13,100 Crore
  • National Rural Health Mission Rs 12,070 crore and Bharat Nirman Rs 40,900 crore


  • Farm Credit disbursement up by 300% to Rs 2,50,000 crore in 2007-08
  • Rs 65,300 crore debt waiver and relief given to 3-6 crore farmers
  • Rashtriya Krishi Vikash Yojana launched in 2007-08
  • Revival package in 25 States for streangthening short-term cooperative credit structure

Rural Development

  • Panchayat Empowerment and accountability scheme to be expanded
  • Project arrow to provide technology enabled services through post offices
  • Rural Infrastructure Development Fund corpus increased to Rs 14,000 crore in 2008-09
    60.12 Lakh houses for weaker sections constructed under Indira Awas Yojana


  • 15 Central Universities established , 6 new IITs functioning, 2 more to start this year
  • A new centrally sponsored scheme to universalize secondary education launched in 2008-09
  • 500ITIs upgraded. National skill development corporation created in July 2008

Social sector

  • Authorised capital of National Safai Karmachari Finance and Development Corporation raised to Rs 300 crore
  • Two new schemes-Indira Gandhi National Widow Pension Scheme and Indira GandhiNational Disability Pension Scheme announced
  • Priyadarshini Project, a rural women’s employment programme to be launched on pilot basis in Madhubani & Sitamarhi district of Bihar and Shravasti, Baharaich, Rae Bareli in Uttar Pradesh

(Information from "YOJANA" A Development Monthly)


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