BUDGET DOCUMENTS

  • Key to Budget Documents
  • Budget Highlights (Key Features)
  • Budget Speech
  • Budget at a Glance
  • Annual Financial Statement
  • Finance Bill
  • Memorandum
  • Receipt Budget
  • Expenditure Budget
  • Customs & Central Excise
  • The Macro Economic Framework Statement
  • The Medium Term Fiscal Policy Statement
  • The Fiscal Policy Strategy Statement
  • Statement of Revenue Foregone
  • Implementation of Budget Announcements 2014-2015
  • Implementation of Budget Announcements

DETAILED BUDGET HIGHLIGHTS

  • Union Budget 2014-15: Plan allocation up 26.9% at Rs5,75,000 crore
  • Budget 2014-15: Jaitley vows growth with fiscal prudence
  • Highlights of Union Budget 2014-15

SECTORS

  • Budget aims at increasing investment and credit flow to agriculture
  • Micro, small and medium enterprises sector to be strengthened
  • Government makes higher allocations for rural roads and water sectors
  • Union Budget 2014-15: Electronics industry to gain from cut in basic custom duty
  • Union Budget 2014-15: Rs500 crore to create five tourist circuits, focus on religious, heritage cities
  • Union Budget 2014-15: Government proposes “Digital India” programme to bridge the divide
  • Union Budget 2014-15: Government to spend Rs50,000 crore for urban areas development; Rs100 crore allocated for Lucknow and Ahmedabad metro projects
  • Union Budget 2014-15: Defence ministry to get Rs229,000 crore for modernisation
  • Union Budget 2014-15: Centre to set up 15 model rural health centres in states
  • FM allocates Rs1,000 crore to improve irrigation facilities
  • Public sector banks to get Rs240,000 crore by 2018

REACTIONS

  • Fertiliser subsidy backlog may decline
  • Emphasises reducing fuel subsidies
  • Boosts large scale township development projects
  • Insurance FDI hike to attract more investments
  • Welcome focus on chemicals, petrochemicals
  • Positive impact on the port sector expected
  • Proactively boosts private investment in infrastructure
  • Augurs well for fertilisers
  • Carries heavy imprint of the bureaucracy
  • Set for digital transformation
  • Carries heavy imprint of the bureaucracy
  • Prudent and cautious; seeks to spur growth
  • Will boost power generation from renewables
  • Focuses on speed, scale and skill
  • Constructive moves on insurance
  • Impact negative on stressed oil and gas sector
  • Significant focus on real estate and infrastructure
  • Boost for tourism
  • Will help revive real estate
  • Nothing specific that is positive for mutual funds
  • Excellent initiatives on the health front
  • FM has set the ball rolling

COMMENT

  • Power sector can boost high growth: Tata Power
  • Budget with clear roadmap for infrastructure
  • Commentary: Budget not to affect ratings: S&P
  • Supports business sentiment
  • Growth-oriented and investors-friendly
  • Budget a positive step ahead: CII
  • The government acknowledges the housing deficit
  • A mixed bag for transport and logistics
  • Pro-tourism strategic vision
  • Limited direct offering for MFs

SPECIAL REPORTS

  • Modi budget will lead to prosperity, Indian business honchos tell US
  • Jaitley announces sops for food processing, relief to wind energy units
  • Tax top in Crisil social media analytics on Budget day in the South, FDI, defence in the north
  • Union Budget 20014-15: Basic custom duty on select items reduced to support domestic production
  • Financial Inclusion Mission to provide households with banking services
  • Union Budget 2014-15: Budget below market expectations
  • Institute proposed to provide support to mainstreaming PPPs
  • Government committed to early GST implementation: Jaitley
  • Union Budget 2014-15: Increse in excise duty on cigarette, pan masala
  • Union Budget 2014-15: Government to set up agricultural and horticulture universities
  • Union Budget 2014-15: FM offers relief to tax payers; raises limit by Rs50,000
  • Union Budget 2014-15: Legislative and administrative changes proposed to reduce litigation in direct taxes
  • Union Budget 2014-15: Centre plans five new IITs and IIMs in states
  • Union Budget 2014-15: Rs200-crore sports stadiums for J&K; Rs100-crore sports university for Manipur
  • Union Budget 2014-15: Steps to promote foreign direct investment in select sectors
  • Union Budget 2014-15: Expenditure Management Commission to be set up to evaluate expenditure reforms
  • Union Budget 2014-15: FM to allocate Rs7,060 crore for development of 100 smart cities
  • Budget 2014: FM announces 49% FDI in defence and insurance sectors

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