Interim Budget 2009   Economic Survey 2008-09  BUDGET DOCUMENTS Key to Budget Budget Highlights Budget Speech Budget at a Glance Annual Financial Statement Finance Bill Memorandum Receipt Budget Expenditure Budget Customs and Central Excise The Macro Economic Framework Statement The Medium Term Fiscal Policy Statement The Fiscal Policy Strategy Statement Statement of Revenue Foregone    DETAILED BUDGET HIGHLIGHTS ISRO allocated 40 per cent more funds over last year AAI gets Rs99 crore for developing airports `Health For All': Allocation for rural schemes raised to Rs21,113 crore ECGC cover for exporters extended till March 2010 Budget 2009-10: A 34 per cent booster shot for defence Mukherjee envisages Rs100,000 crore spending on infrastructure Budget 2009-10: Budgetary support up Rs40,000 crore; states allowed to borrow additional 0.5 per cent of GSDP Union budget 2009-10: Greater emphasis on social sector Mukherjee doles out tax sops to individuals, select businesses Budget 2009-10: FM allocates Rs39,000 crore for rural employment Budget 2009-10: FM announces Rs186,000 crore stimulus to counter slowdown Budget 2009-10 banks on infrastructure, fiscal stimulus for 'inclusive growth' FM presents Union Budget 2009-10    SECTORS Government working on Food Security Act details: Pawar Oil & gas: left hand takes away what right hand gives Budget gives impetus to highway projects through IIFCL Big spend on rural schemes, but no specifics on delivery Higher rural outlay excites FMCG companies Auto sector grateful for small mercies Pharma's biggest boost comes from removal of fringe benefit tax Budget does little for troubled textile sector      REACTIONS Taxpayers welcome relief and Saral forms Contributes to infrastructure development across the country: Pradeep Jain, chairman, Parsvnath Developers Limited Well-crafted test match innings: Harsh Goenka, chairman, RPG Enterprises Despite capital support to government-owned banks, asset quality concerns remain: Fitch Focused stimulus was best: Kurt Rippholz, group communications head, Volkswagen India A budget for sustainable growth: Rana Kapoor, founder, MD and CEO, Yes Bank No significant mention on divestments: Vikram Kotak, CIO, Birla Sun Life Insurance A good, strong diet of sustainable growth: Madhabi Puri Buch, MD & CEO, ICICI Securities Ltd A daring budget and a job well done: FICCI president H P Singhania Travel, hospitality industry ignored: FHRAI chief M P Purshotharam SST for life insurers unfair: Asa Life CFO V Srinivasan A budget for sustainable growth: Rana Kapoor, founder, MD And CEO, Yes Bank No significant mention on divestments: Vikram Kotak, CIO, Birla Sun Life Insurance A good, strong diet of sustainable growth: Madhabi Puri Buch, MD & CEO, ICICI Securities Ltd Focuses on inclusive growth and equitable development: Vinnie Mehta, Executive Director, MAIT Provides long term direction to inclusive growth: M. Narsimha Rao, President, Hyderabad Software Exporters Association Impact on Corporates Credit Neutral : Fitch Commodity markets pleased with CTT removal Provides fiscal stimulus through greater public spending: Meera Sanyal, country executive, ABN Amro Bank India Good for the IT sector: Ajai Chowdhry, CEO and chairman, HCL Infosystems Ltd Commendable job, says PM    COMMENT Save yourself the trouble, take back your Rs1,000 Populism runs riot Continues from where the last stimulus packages left off    SPECIAL REPORTS Jaswant Singh calls for formation of ministry of economic development FBT abolition may attract more tax on professionals Budget goes easy on disinvestment; to realise Rs1,120 crore this year Ford announces post-Budget price cut for Endeavour High fiscal deficit to stimulate growth, says Mukherhee Budget does away with Fringe Benefit Tax Donations to political parties to get 100 per cent tax exemption IIFCL to evolve 'takeout financing' for infra sector Commonwealth Games get a booster shot Rural healthcare will improve Stimulus package for print media extended till 31 December Government allows banks to issue zero coupon bonds Focus on self-help groups for rural women Civil aviation outlay at Rs12,164.76 crore Unique Identification Authority of India receives funding of Rs120 crore Funds to be allocated for the eight National Missions on Climate Change Panel to advise on petro fuel pricing; tax sops for gas projects Mukherjee promises banking facility in all blocks in three years Foodgrains at Rs3 per kg to be made legal right for BPO families FM mulls setting up expert group to advice on fuel price    PRE-BUDGET REPORTS Budget: Interesting budget quotes Budget: Some interesting facts Budget: FAQs Letter to the finance minister: Unorthodox fund raising proposals for the finance minister Cement firms seek budgetary cuts in excise, import duty Forget the fiscal deficit, pamper us! Hotel industry seeks infrastructure status, easier credit Consumer durables industry seeks levy reduction in budget       Interim Budget 2009    BUDGET DOCUMENTS Key to Budget Budget Highlights (Key Features) Budget Speech Budget At a Glance Annual Financial Statement Finance Bill Receipt Budget Expenditure Budget Implementation of Budget Announcements The Macro Economic Framework Statement The Medium Term Fiscal Policy Statement The Fiscal Policy Strategy Statement        REACTIONS Interim Budget 2009: A non-event, say industry experts Interim Budget 2009: Budget very disappointing, says Credai-NCR chief Interim Budget 2009: Nasscom lauds budget, but seeks more    SPECIAL REPORTS Budget to be presented on 3 July The text of Pranab Mukherjee's opening remarks at his first press conference as finance minister in the new UPA governement on 25 May Pranab Mukherjee hints at higher deficit to boost economy Budget sops were not needed, government had done enough Interim Budget 2009: Agriculture gets a 5 per cent boost Interim Budget 2009: No change in direct tax rates Interim Budget 2009: $32.4 billion FDI received in 2007-08 Interim Budget 2009: Chidambaram hails budget Interim Budget 2009: Social programmes get a boost Interim Budget 2009: Fiscal deficit zooms to 6 per cent; seen falling to 5.5 per cent in 2009-10 Interim Budget 2009: Highlights Of Interim Budget 2009-2010 Interim Budget 2009: Plan, non-plan spending hiked Interim Budget 2009: Defence budget hiked to Rs.141,703 crore Budget projects fiscal 2009-10 spending at Rs9,53,231 crore Interim Budget 2009: Industry disappointed, others neutral

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