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Mon,29 Dec 2014
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July 06, 2009
Budget 09: Impact on sectors
looks at louring monsoon clouds on the outskirts of Hyderabad. India will boost spending on irrigation and roll out more jobs and
loans for farmers
to spur the rural economy and lift farm sector growth to 4 pc, FM Pranab Mukherjee said on Monday.
Salesmen at a jewellery shop attend to their customers in Hyderabad. Doubling of import duty on
and silver is likely to encourage recycling of the metals locally in what could continue to keep imports subdued for the rest of this year, says analyst.
Laborers are seen engaged in the construction of a new bridge on the Jammu-Pathankot
on Monday. FM Pranab Mukherjee who presented the annual Budget in Parliament said he aimed to increase infrastructure spending to 9 pc of GDP by 2014.
Investors watch at the screen outside BSE as Finance Minister Pranab Mukherjee presents the Budget 2009-10 in Parliament. A higher than expected rise in the fiscal deficit of the government spoiled the party in the
expenditure during 2009-10 remains unchanged at Rs 141,703 crore allocated in the interim budget earlier this year. Rs 430 cr has been allocated for police modernisation.
The government has extended debt relief scheme for
from June 30 to the end of the year and they will get loans upto 3 lakh at 7% per annum.
and PSU stocks gave a thumbs down to the Union Budget and dipped as much as 6% after the Finance Minister said that banks and insurance firms will remain in the public sector.
The government has announced setting up of an expert group on pricing of
products. The details of the expert group were not announced.
Interim Budget 2014
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Shorter, cheaper DZire
Japan prays for good business
India Economic Summit
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June 1, 2008: Business
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AirAsia plane QZ8501 goes missing, Indonesia halts search as night falls
Business of education: When schools become money-spinning machines
IIT-D director resigns; Sachin denies wanting academy on campus
One dead, hundreds stranded on Italian ferry
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