UNION BUDGET 2010-11-PRATEEK

8/7/2019 UNION BUDGET 2010-11-PRATEEK

1/11

BY:-PRATEEK K SONI

ROLL NO.:-025/JKBS/AICTE-10


2/11

Social Sectory The social sector expenditure is proposed to be

increased to Rs 1,376.74 bn, which stands at 37% of the

total plan outlay in FY11.


3/11

Human Resource Development

and Social Justicey An allocation of Rs 87.00 bn for Integrated Child Development

Services.y An allocation for Mahatma Gandhi National Rural Employment

Guarantee Scheme is proposed to be increased from Rs 391.00 bnin FY10 to Rs 401.00 bn in FY11.y An allocation of Rs 29.84 bn under the Swaranjayanti Gram

Swarozgar Yojana for establishing micro-enterprises in ruralareas through activity clusters and group approach. At least 50%of the Swarozgaries will be SCs/STs, 40% women and 3%

disabled. This also includes Rs 1.00 bn for Mahila KisanSashaktikaran Pariyojana, a Sub-Component of National RuralLivelihood Mission.

y An allocation of Rs 10.00 bn for Rajiv Gandhi Scheme forEmpowerment of Adolescent Girls.


4/11

CONTINUEy The fund corpus for the Micro-Finance Development and

Equity Fund is proposed to be increased to Rs 4.00 bn in FY11.

y The proposal to set up a National Social Security Fund forunorganized sector workers with an initial allocation of Rs10.00 bn. This fund will support schemes for weavers, toddytappers, rickshaw pullers and bidi workers etc.

y The 1% interest subvention on housing loans up to Rs 1.00 mnscheme is proposed to be extended up to March 31, 2011. Theallocation of Rs 7.00 bn is proposed to be provided for thisscheme for FY11.

y An allocation of Rs 3.90 bn for Indira Gandhi Matritva SahyogYojana.

y The plan outlay for Women and Child Development isproposed to be increased by almost 50% in FY11.


5/11

CONTINUE

y The plan outlay of the Ministry of Social Justice andEmpowerment is proposed to be enhanced to Rs 45.00 bnin FY11, marking an increase of 80% as compared to FY10.

y The plan allocation for the Ministry of Minority Affairs is

proposed to be increased from Rs17.40 bn in FY10 to Rs26.00 bn for the year FY11.

y An allocation of Rs 6.00 bn towards Special CentralAssistance for Scheduled Castes Component Plan to

benefit about 0.75 mn beneficiaries.y An allocation of Rs 17.00 bn for Post Matric Scholarships

for SC students; Rs 3.50 bn for Post Matric Scholarshipsfor OBC students and Rs 5.58 bn for Post Matric

Scholarships for Scheduled Tribes (ST) students.


6/11

Educationy

An allocation of Rs 150.00 bn for Sarva Shiksha Abhiyan.y An allocation of Rs 94.40 bn for National Programme of

Mid Day Meals in schools.

y The proposal to increase the plan allocation for school

education from Rs 268.00 bn in FY10 to Rs 310.36 bn inFY11. In addition, there is a proposal to provide StatesGovernments Rs 36.75 bn for elementary education underthe Thirteenth Finance Commission grants for FY11.

y An allocation of Rs 11.67 bn for adult education and skill

development.y An allocation of Rs 43.90 bn for University Grants

Commission; Rs 47.06 for technical education and Rs 9.00bn for National Mission in Education through information

& communication technology.


7/11

Hea t & Sanitation

y The plan allocation for the Ministry of Health and Family

Welfare is proposed to be increased from Rs 195.34 bn in FY10to Rs 223.00 bn for FY11.y An allocation of Rs 154.40 bn for National Rural Health

Mission.y An Annual Health Survey to prepare the District Health Profile

of all districts is proposed to be conducted in FY11.y The benefits under Rashtriya Swasthya Bima Yojana are

proposed to be extended to all Mahatma Gandhi NREGAbeneficiaries who have worked for more than 15 days duringthe preceding financial year.

y The contributions to the Central Government Health Schemeare proposed to be eligible for a deduction under the Income-tax Act.

y An allocation of Rs 90 bn for National Rural Drinking WaterProgramme.

y An allocation of Rs 15.80 bn Total Sanitation Campaign.


8/11

Regional Developmenty An allocation of Rs 600.00 mn for North Eastern

Development Finance Corporation Limited.

y The additional central assistance of Rs 12.00 bn isproposed to be provided for drought mitigation inBundelkhand region.

y The allocation to Backward Region Grant Fund is

proposed to be enhanced by 26% from Rs58.00 bn inFY10 to Rs 73.00 bn in FY11.


9/11

Impact Analysis-POSITIVEy The Union Budget for FY11 has laid special emphasis on the

social sector, accounting for as much as 37% of the total planoutlay in FY11 as against 25% of the total plan outlay in FY10.

y The implementation of schemes such as Sarva Shiksha Abhiyan(SSA) and National Programme of MidDay Meals in schoolshave made significant contribution in improving enrolment for

elementary education.y The strengthening of these existing schemes for school

education is expected to provide further impetus to the sector.Further, the allocation of funds for post matric scholarships forSC,ST and OBC students would enhance the spread ofeducation amongst the weaker and neglected sections of thesociety.

y The allocation for technical education would provide much-needed skilled manpower for the industry.


10/11

CONTINUEy The weaker section has received a special attention in the

budget through the proposals such as social security fundfor workers in unorganized sector and pension schemes forlow income people.

y The New Pension Scheme is expected to encourage people

to save voluntarily for their retirement.y Further, the new pension scheme does not require agent or

guarantee, which in turn reduces operational costs.

y Besides, due attention to drinking water, health and

sanitation is another positive aspect for the social sector inthis Budget.


11/11

UNION BUDGET 2010-11-PRATEEK

Documents

Transcript of UNION BUDGET 2010-11-PRATEEK