Wednesday 6 March 2013

Rajasthan Budget 2013-14 Highlights

  • All State departments are directed to fill vacant post as per retirements in FY2012-13.
  • Rajasthan has finally get refinery, at-least cheers - Ashok gehlot. 
  • 650 Crore for Roads in Rural Areas for New roads, renovation. 
  • 9500 Crore for 6000 KM roads in state. 
  • New Rajasthan state Wind energy policy 2012 will promote wind energy. 
  • We will promote Wind Energy, Solar energy in state and new projects are approved.
  • Rajasthan Budget 2013-14 YOJNA = Rs. 40149 Crore.
  • No hike in Electricity bills for BPL, Farmers.
  • Debt restructuring of State Electricity Companies, 400 Sub-station of 33 KV.
  • Roof Top power Generation scheme of Rs. 100 Crore in Jodhpur.
  • Water to Jaisamand dam of Alwar from Rivers. 
  • Road widening of Baneshwar dham.
  • 28 Under-bridge construction. 
  • 20000 New Hand pump, Drinking water to 3000 Villages.  
  • 60 Crore for better usage of Chambal water in state. 
  • 404 Crore to Bikaner villages for various schemes.
  • 621 Crore to Jodhpur districts.
  • Beawar, Nasirabad and other villages will get Bisalpur dam water for drinking. 
  • Cancer and Kidney treatment aid of 1 Lakh for below 1 Lakh income, and Free to BPL families, scheme extended to private hospitals too. 
  • Free Health Check-up in Rajasthan from 15th August 2013. 
  • Medical staff 20000+, Doctors 8000 post, 64 Dentist post.
  • 200 Janani Express, 100 more 108 ambulance with New Post of drivers.
  • New Medical College in 15 places, 1 More Medical college in Jaipur
  • 2000 Post for Free Medical check-up scheme of Rajasthan. 
  • 1000 post in General Health Centers.
  • 609 PAC Centers.
  • Rs. 300 Crore for Devnarayana Scheme. 
  • 1500 Para computer teachers in Madarasa Schools.
  • Promotion to Inter-caste marriages in ST/STs. Rs. 5 Lak on Inter-caste marriage.
  • Scholarships for SC,ST, SBC, OBC Students. 
  • Two free Uniform to Aanganwadi childrens.
  • 125 Days work in MGNREGA / NREGA in Budget 2013-14.
  • More medicines in Mukhyamantri Nishulk pashu Yojana, Mobile Hospital on block level. 
  • Rs 1 / Kg. wheat in for BPL families instead of Rs. 2, Rs. 5/Kg. for APL families instead of Rs.8. 
  • Technical training to youth, 25 new ITI Colleges.
  • 1000 Primary school to be upgraded.
  • 20000 Third grade teachers Jobs in Rajasthan.
  • 5000 Physical Education teachers in Rajasthan
  • 1000 Urdu teachers, 1000 Urdu Lecturers in Rajasthan. 
  • 10000 Post of 2nd Grade Teachers in Rajasthan.
  • Tablets to Class 8th Topper, Gulabchand Kataria opposes, how you decide topper when we are going for Grading systems in state.
  • 15 New Colleges in Rajasthan. 
  • Library on Panchayat Samiti headquarters. 
  • Sports school in Jaipur. 
  • IIT in Kota soon.
  • 5 Crore for Science city in Jodhpur, Rs. 5 Lakh price to one scientist each year. 
  • Special emphasis on woman colleges.
  • HPCL Board approved the refinery in Badmer.
  • 1020 Driver, 1000 Conductors Jobs in Rajasthan Roadways. 
  • Social Investment Act 
  • 782 Post in Mining Department of Rajasthan 
  • Ajmer Vikas Pradhikaran / Ajmer Development Authority (ADA) announced. 
  • Rajasthan Habitat center announced in Budget 2013-14.
  • Pali, Barmer, chittorgarh, sikar to gets Nagar Sudhar Nyas  in Budget 2013-14.
  • Udaipur Nagar Nigam announced in Budget 2013-14. 
  • 3500 Technical, Administrative post in Rajasthan. 
  • Senior Citizen Tirth Yatra scheme launched for 25000, with 100% expenditure paid by Govt. of Rajasthan.
  • 12000 Police constable Jobs in 2013 in Rajasthan. 
  • 15000 New homes in Rajasthan.
  • Police training institute in Bharatpur.
  • 1 Lakh aid for Kailash-Mansarovar yatra. 
  • 600 Post in Rajasthan Jails.
  • 8 Up-Tehsil will be upgraded to Tehsil.
  • 10 Crore to Bar-Counsil.
  • 641 Post of Patwaris in Rajasthan.
  • Airport in Kishangarh, Ajmer, free land will be provided to Airport Authority of India. 
  • Laptop for recognized Reporters. 
  • 50000+ Employees will get benefits of new promotion policies of Rajasthan Govt.
  • IT Center in Dholpur. 
  • Tax hike to 65% from 50% on tobacco products. 
  • E-Payment facility in tax.
  • 6th Pay commission benefits to Rajasthan state govt. employees from 1st July 2013.

Friday 1 March 2013

Highlights of Indian Budget 2013-14



* No revision of personal income tax slabs; relief in first bracket through tax credit of Rs.2,000 for earnings up to Rs.500,000 (approx $9,000)
* Ten per cent surcharge on income exceeding Rs.1 crore (Rs.10 million/$180,000) a year; only 42,800 people have declared such income
* Collective responsibility to ensure dignity and safety of women; recent incidents have cast a dark shadow; stand in solidarity with our girl children and women; will keep them safe and secure
* Rs.1,000 crore allocated for establishing Nirbhaya Fund
* Rs.97,000 crore (Rs.970 billion/$18 billion) for women's development
* Defence allocated Rs.203,672 crore (Rs.2.03 trillion/$37 billion), an increase of five per cent
* Import duty on high-end vehicles raised from 75 per cent to 100 per cent
* Excise duty on cigarettes to be increased 18 per cent
* No change in service tax of 12 per cent
* No service tax on vocational courses run by institutes affiliated to state governments
* Service tax on all air conditioned restaurants regardless of whether or not they serve alcohol
* No service tax on agricultural testing procedures
* Rs.9,000 crore allocated for compensating state for differential in central sales tax and GST
* Concessions for encouraging MRO (maintenance repair overhaul) sector
* No change in customs duty on non-agricultural products
* Modified law to prevent tax avoidance to come into effect April 1, 2016
* 100 per cent tax deduction for contributions to National Children's Fund
* Education cess to continue at 3 per cent
* 11 lakh people have benefited from direct cash transfers; scheme to be rolled out across the country during UPA-2 term (May 2014)
* Property transactions skewered; TDS of one per cent where transaction exceeds Rs.50 lakh
* Tax on mutual fund redemptions reduced from .25 per cent to .001 per cent
* Tax Administrative Reforms Commission to be set up
* Cities to be encouraged to promote waste to energy projects
* Low interest funds to be provided for promoting clean energy
* Rs.800 crore provided to promoting wind energy
* Two new ports to be set up in West Bengal and Andhra Pradesh to add 100 million tonnes handling capacity
* Gas handling terminal at Dabhol in Maharashtra to be fully operational during 2013-14
* State governments urged to sign restructuring plans with electricity discoms
* Tax-free infrastructure bonds of Rs.50,000 crore to be issued
* Textile ministry allocated Rs.50 crore for establishing apparel parks
* Handloom sector allocated Rs.96 crore to benefit 150,000 weavers
* Infrastructure debt funds to be encouraged
* Regulator to be appointed for road projects; 3,000 km of road projects to be awarded in first six months of 2013-14
* Incentive allowance of 15 per cent over and above permitted depreciation to those investing over Rs.100 crore in infrastructure projects
* Rajiv Gandhi Equity Scheme to be liberalised
* Seven new cities identified along Delhi-Mumbai Industrial Corridor
* Preliminary work begun on Bangalore-Mumbai Industrial corridor
* Foodgrain production during 2013-13 estimated at 250 million tonnes
* Rs.500 crore allocated for promoting crop diversification
* Rs.200 crore allocated for promoting nutrient-rich crops
* Rs.50 crore allocated for farmer-producer organisations
* National Livestock Mission to be launched with allocation of Rs.307 crore
* Hope parliament will pass food security bill; Rs.10,000 crore allocated for initial expenditure on implementation
* Human resource development ministry to get Rs.65,867 crore
* Rs.13,250 crore allocated for midday meals scheme
* Rs.17,700 crore allocated for Integrated Child Development Scheme
* Drinking water and sanitation ministry allocated Rs.15,260 crore
* Allocation of rural development ministry allocation raised by 46 per cent to Rs.80,294 crore; Rs.33,000 crore for rural jobs scheme
* Budget expenditure for 2013-14 at Rs.16 lakh 65,297 crore; plan expenditure at Rs.5 lakh 55,224 crore
* Rs.41,000 crore for Scheduled Caste plan
* Rs.110 crore for department of disabilities
* Rs.37,330 crore for health ministry
* Average growth during UPA-1 was 8 per cent; high growth not a novelty
* Current account deficit a worry because of high oil and gold imports
* Will need $75 billion to finance current account deficit
* Need to encourage FDI in consonance with economic priorities
* WPI inflation down to 7 per cent; food inflation worrying.