Monday, January 14, 2013

Union Budget 11 Highlights

Union Bud sop up 2011-12 Highlights Critical institutional reforms set rate for double-digit growth Scaled up flow of resources infuses dynamism in unsophisticated economy GDP estimated to have prominent at 8.6% in 2010-11 Exports grown by 9.6%, imports by 17.6% in April-January 2010-11 over corresponding expiration last year Indian economy expected to grow at 9% in 2011-12. Five-fold strategy to deal with black money. concourse of Ministers to suggest ways for tackling corruption Public Debt Management authorisation of India Bill to come up next financial year get up Tax Code (DTC) to be effective from April 01, 2012 Phased move towards level transfer cash subsidy to BPL people for better saving of kerosene, LPG and fertilizer mooted Rs.40,000 crore to be raised through disinvestment in 2011-12 FDI polity to be liberalized further SEBI registered mutual funds permitted to accept subscription from foreign investors who partake KYC requirement FII limit for investment in corporate bonds in groundwork sector raised Additional banking license to private sector players proposed Rs.6000 crore to be provided in 2011-12 for maintaining minimum Tier I Capital to adventure Weighted Asset Ratio (CRAR) of 8% in man sector banks Rs.
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500 crore to be provided to regional rural banks to maintain 9% CRAR India Microfinance Equity Fund of Rs.100 crore to be created by SIDBI Rs. 500 crore Women SHG organic evolution Fund to be created Micro Small and Medium Enterprises MSME gets wage increase as Rs. 5000 crore provided to SIDBI and Rs.3000 crore to NABARD Existing trapping loan limit enhance to Rs.25 lakh for dwelling units Provision under Rural housing Fund enhanced to Rs.3000 crore assignation under Rashtirya Krishi Vikas yojna (RKVY) increased to Rs.7860 crore Allocation of Rs.300 crore to promote 60000 pulses villages in rainfed areas Rs. 300 crore vegetable initiative to attain competitive prices Rs.300 crore to promote higher production of... If you want to get a full essay, order it on our website: Ordercustompaper.com

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