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Rs. 1000 cr slotted for youth skill development

Finance minister P Chidambaram allocates Rs. 1,000 crore to develop job-oriented skills among youth as part of Union Budget proposals.

Budget takes special note of minorities, women

Apart from making allocations for exclusive sub plans for scheduled castes and scheduled tribes, the Union Budget 2013-14 has special plans for minorities, women and children as well as persons with disabilities.

Skills plus education: Prescription for jobs

Budget flat on education funding, support down for traditional flagship programmes like the SSA; But to encourage skills education, PC promises Rs. 10,000 award to students who complete programmes. Charu Sudan Kasturi reports.

No early elections on budget cue

Going by the indications from the Union Budget, the BJP and Samajwadi Party say there was little possibility of early Lok Sabha elections.

CBI gets 14% hike in budget this year

CBI has received Rs. 461.66 crore in budgetary allocation for the next fiscal which is a marginal increase of approximately 14% over 2012-13.

FM woos SC/STs, gives more funds for welfare

Finance minister P Chidambaram's emphasis on the welfare and progress of the scheduled castes (SC) and scheduled tribes (ST) in his budget speech on Thursday drew mixed reactions. HT reports.

Mulayam, Maya slam 'anti-people budget'

The Union Budget not only drew the usual criticism from opposing quarters, but also failed to convince the allies. HT reports.

Thanks, Mr Chidambaram, says Nitish

"Today is the day to thank P Chidambaram," said an overwhelmed Bihar chief minister Nitish Kumar. The reason for gratitude: in his budget speech, the finance minister had proposed evolving new criteria for determining backwardness of states and awarding them 'special category' status. HT reports.

'Welfare laggard': UPA's reforms are a work in progress

Decades from now, historians are likely to describe the latter part of the first decade of the new millennium as the period when the Indian economy, aided by a well-designed structural reforms programme, had come to a man's estate after two decades of adolescent angst. Gaurav Choudhury reports. Welfare on a slowdown | Corporate tax | The story in numbers | Personal finance | The good life | Reforms rewind

Eye on LS polls? Chidambaram’s budget refers to 'youth' nine times

The Union budget announced by finance minister P Chidambaram may not have the overt populism that many observers expected but it does have a keen eye on the 2014 parliamentary polls. Varghese K George reports. Price-o-meter | Ducking the taxman | Highest income tax rate | What's taxing and what's not

Chidambaram-speak: Women are the new vote bank

Finance minister P Chidambaram’s last budget before the general elections next year lined up a slew of measures to help women, showing that gender is increasingly becoming a factor in electoral politics. N Madhavan reports.

To 'Look East', Chidambaram takes N-E route to Myanmar

The Union budget has given a fillip to India's Look East policy, which holds immense strategic importance for the country besides giving a leg-up to the economic prosperity of the northeastern states of the country.

Ahead of Lok Sabha polls, cash transfers will go national

If national job guarantee scheme for the rural sector did the electoral trick for UPA 1, finance minister P Chida­mbaram expects the Direct Benefit Transfer (DBT) can rep­licate the same for the UPA 2 in the upcoming general elections.

PC's budget cuts draw fire from colleagues in govt

Finance minister P Chidambaram's intent to walk the talk on fiscal discipline and nurse the government's delicate balance sheet back into health appears to have run into stiff resistance from ministerial colleagues. Chetan Chauhan reports.

With eye on polls, Cong seeks populist budget

In its wish-list for the last general budget ahead of the next Lok Sabha polls, the Congress party suggested to finance minister P Chidambaram to give it a pro-people touch so that the party reaps a rich electoral harvest. Aurangzeb Naqshbandi reports.
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Highlights: Budget 2013  »

  • Expect higher revenue next year: Chidambaram
  • Unclear what the expense on food subsidies be at this stage: Chidambaram
  • Fuel subsidy likely to be lower this year: Chidambaram
  • Immediate goal is to achieve growth rate of 6%: Chidambaram
  • We have to be patient and wait for the economy to pick up: Chidambaram
  • We have not put impossible burdens on people: Chidambaram
  • The only way to contain current account deficit is to increase exports: Chidambaram
  • Confident that RBI will do it's part: Chidambaram
  • Economy is challenged in a number of ways: Chidambaram
  • This is a lollypop election budget: CPI leader Gurudas Dasgupta
  • Budget has ignored SC/ST: Mayawati
  • Budget will only benefit industrialists, not common man: Mayawati
  • Budget will give impetus to Bihar's demand for special status: Nitish Kumar
  • FM has taken important steps to reverse pessimistic mood with regard to our economy: PM
  • There is need to convert challenges into opportunities: PM
  • The Finance Minister has done a commendable job: PM
  • Direct Benefit Transfer scheme to be rolled out
  • Ships and vessels exempted from excise duty
  • Direct tax code to be introduced in budget session of the Parliament
  • Set-top box import duty hiked
  • Gold duty limit raised to Rs. 50,000 for men; Rs. 1 lakh for women
  • 100% customs duty on luxury cars
  • Increase in import duty on high end bikes from 75% to 100%
  • 6% duty on mobile phones worth more than Rs. 2000
  • Excise duty on cigarette, cigar and cheeroot increased by 18%
  • Import duty on raw silk hiked to 15%
  • Luxury imported items to cost more
  • Donations to National Children's fund will be eligible for 100% tax deduction
  • No plans to revise direct taxes
  • No change in customs and excise duty
  • Tax credit of Rs. 2000 for those with income upto Rs. 5 lakh
  • Education cess at 3%
  • donations to be tax free
  • Surcharge of 10% on individuals, companies whose income is above Rs. 1 crore per year
  • No revision in tax slabs
  • Planned expenditure to be 33% of total expenditure
  • Rs. 1,000 crore allocated to women safety fund
  • Defence budget allocation increased to Rs. 2 lakh crore
  • Insurance and pension funds can now directly invest in debt funds
  • Domestic workers, Anganwadi workers, others to get group insurance
  • 13 public sector banks to get Rs. 14,000 crore
  • Propose to provide Rs. 14,000 cr for capital infusion in public sector banks
  • Inflation indexed bonds and NSCs to be introduced
  • JNNURM is being continued in the 12th Plan; Rs. 14,873 cr to be provided to the Mission
  • Rs. 33,000 crore to be allocated to MNREGA
  • Rs. 6000 crore for rural housing fund, Rs. 2000 cr for urban housing fund
  • Two new ports to be built in West Bengal and Andhra Pradesh
  • All towns having population of 10,000 to get LIC office
  • Rashtriya Swasthya Bima Yojna to be extended to rickshaw pullers and rag pickers
  • List of eligible securities will be enlarged: Chidambaram
  • SEBI to simplify procedures for entry of foreign portfolio investors in India: Chidambaram
  • India's first all-women public sector bank to be set up
  • All public sector bank branches to have ATMs
  • Focus on modernisation of powerloom sector
  • Propose to continue with the technology upgradation, funds scheme for textile sector: Chidambaram
  • Rs. 1650 cr allocated for AIIMS like institutes
  • Natural gas pricing policy will be reviewed: Chidambaram
  • Person taking home loan for the first time to get tax cut of Rs. 1 lakh
  • Regulatory authority to be set up for road sector
  • Rs. 17,700 crore to be allocated for Integrated Child Development Scheme
  • Rs. 5000 cr allocated to NABARD
  • Income level of Rajiv Gandhi equity schemes increased by Rs. 2 lakh
  • Rs. 80, 194 crore allocated for rural development: Chidambaram
  • Rs. 25,000 cr to be raised through tax free bonds: Chidambaram
  • Rs. 10,000 crore for food security bill promised by UPA: Chidambaram
  • Infrastructure debt fund to be encouraged: Chidambaram
  • Rs. 37,330 cr allocated to ministry of health and family welfare: Chidambaram
  • Rs. 41,000 allocated for scheduled caste welfare: Chidambaram
  • Rs. 27,49 cr to be allocated to the agriculture ministry: Chidambaram
  • Plan expenditure in 12th Five Year Plan revised to Rs. 14,30,825 cr or 96% of budgeted expenditure
  • Scholarships for students from SC/ST, minority communities: Chidambaram
  • Rs. 110 cr to be allocated to department of disability: Chidambaram
  • Increased allocation for safe drinking water and sanitation: Chidambaram
  • Increased allocation for mid-day meal schemes: Chidambaram
  • Rs. 65,000 cr allocation for education schemes: Chidambaram
  • Rs. 110 cr to be allocated to department of disability: Chidambaram
  • Need $ 75 billion to bridge current account deficit: Chidambaram
  • 2013-14 budget has sub-plans for SC, ST, youth and women: Chidambaram
  • Foreign investment imperative for growth: Chidambaram
  • Our economy has slowed down after 2010: Chidambaram
  • No choice but to cut spendings to control inflation: Chidambaram
  • China and Indonesia are growing faster than India: Chidambaram
  • Getting back to 8% growth is a challenge for country: Chidambaram
  • Our goal is higher growth: Chidambaram
  • Between 2004-2008 and again in 2009-10, 2010-11 the growth rate was over 8%: Chidambaram
  • P Chidambaram begins budget address in Lok Sabha
  • Cabinet endorses Union Budget 2013-14, to be presented in Parliament shortly.
  • Finance minister P Chidambaram reaches North Block.
  • Chidambaram set to present India's 82nd national budget.
  • Today's Union Budget will be Chidambaram's eighth personal exercise.
  • It's two short of the record of 10 set by former PM Morarji Desai.
  • Since Independence, the country has seen a total of 25 ministers hold the finance portfolio.
  • India has also seen budgets - 65 normal annual budgets, 12 interim budgets and four mini-budgets.
  • Morarji Desai presented eight normal and two interim budgets.
  • Thursday will see Chidambaram equal the eight-budget track record of Pranab Mukherjee.
  • Chidambaram will surpass Yashwant Sinha, YB Chavan and CD Deshmukh who all presented seven budgets each.
  • PM Manmohan Singh and TT Krishnamachari have presented six budgets each.
  • Jawaharlal Nehru, Indira Gandhi, Rajiv Gandhi have presented one budget each.
  • Sensex closed up more than half a percent a day before the union budget 2013-14
  • It will be the eighth such personal exercise for him
  • Chidambaram set to present India's 82nd national budget in Lok Sabha


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