Union Budget 2010-11: Higlights (Part-III)

New Delhi, Feb 26: The Union Budget 2010-11 was presented before the parliament by the Finance Minister Pranab Minister on Friday, Feb 26.

Highlights of Part-III of the Union Budget 2010-11 are as follows:

Textile ministry to train 30 lakh people

Banks for all villages with population of 2,000

Health insurance to NREGA beneficiaries

Smart Card extended to NREGA

Indira Awas Yojana scheme's unit cost raised to Rs 45,000 in plain area and Rs 48,500 in hilly areas

Allocated Rs 2,400 crore for MSMEs

IIFCL to double refinancing banks for infra

Rs 3675 crore education grant to states

NREGA allocation to Rs 40,100 crore

Power sector allocation doubled to Rs 5130 crore

FDI regime to be simplified

Rural development allocation increased to Rs 61,000 crore

25 per cent of plan outlay earmarked for rural infrastructure development

Allocation for urban development increased by 75 per cent to Rs 5,400 crore in 2010-11

Pvt sector to meet foodgrain storage deficit

Rs 100 crore woman farmer fund scheme

Interest subvention for low-cost housing extended

Tech advisor group under Nandan Nilekani

National Commission for Delivery of Justice and Legal reform proposed

Defence allocation at Rs14 lakh crore

First set of UID numbers this year

15 per cent hike in planned expenditure, six per cent in non-planned

Gross tax receipts: Rs 746 lakh crore

5.5 per cent fiscal deficit target

Fiscal deficit to be brought down to 48 per cent this year

2009-10 fiscal deficit revised to 69 per cent.

ANI