Union Budget 2013-14 New

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    UNION BUDGET 2013-14 Bhoomika Harishbhai Mehta

    Presented by:-Bhoomika Harishbhai MehtaBrijesh Mishra

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    BUDGETAn estimation of the revenue and expenses

    over a specified future period of time. A budget

    can be made for a person, family, group ofpeople, business, government, country,

    multinational organization or just about

    anything else that makes and spends money.

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    UNION BUDEGT 2013-2014 Finance Minister- P Chidambaram.

    Union Budget- 2013-14.

    February 28, 2013.

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    THE PLAN AND BUDGETARY ALLOCATIONS

    Revised Estimates (RE) of the expenditure in 2012-13

    at 96 per cent of the Budget

    During 2013-14, BE of total expenditure of `

    16,65,297 cor. and of Plan Expenditure at ` 5,55,322

    co.

    Plan Expenditure in 2013-14 to grow at 29.4 per cent

    over Revised Estimates for the current year.

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    THREE PROMISES

    WOMEN YOUTH POOR

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    Cont..

    NIRBHAYA FUND

    1000CRWOMEN

    TRANING&DEVELOPMENT

    1000CRYOUTH

    Direct Benefit TransferPOOR

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    HEALTH ACCORDING TO FINANCE MINISTER :-"Health for

    All" is a priority of the government.

    TOTAL ALLOCATION:-37330

    National Health Mission that combines the rural mission

    and the proposed urban mission will get Rs 21,239 crore,

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    IMPACT The Department of Health and Family Welfare got the

    majority share of Rs 33,278 crore,

    The Department of AYUSH a total of Rs 1,259 crore and thedepartment of Health Research Rs 1,008 crore.

    However, there has been no allocation for the Reproductive and

    Child Health Project, Pulse Polio.

    Special focus on medical education, training and research NewNational Health Mission to get Rs 21,239crore

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    EDUCATION SECTOR Education Total allocation Rs 65,867 crore

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    IMPACT The 17% increase in allocation to Human Resource

    Development is definitely a positive sign for theeducation sector in India.

    This can provide a boost to building qualityeducation resources at all levels in our country.

    Hope this will be spent on modernizing curricula,investing in research and faculty development andbuilding better education delivery mechanisms

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    AGRICULTURE SECTOR

    Agriculture Total allocation Rs 27,049 crore

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    IMPACT New initiatives have been taken for bringing in more

    investment to this sector,

    Promoting growth in key areas and farmers welfare

    Food sector as a whole has also been supported with higher

    provision for food subsidies, market intervention and imports

    Green revolution to eastern India (GREI) has been a

    remarkable success

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    Cont Assam, Bihar, Chhattisgarh, West Bengal have increased their contribution

    to rich product

    The Rashtriya Krishi Vikas Yojna is intended to bridge yield gaps of majorcrops, has been provided Rs.2,250 crore.

    For 2013-14, target of agricultural credit kept at ` 7 lakh crore.

    National Institute of Biotic Stress Management for addressing plantprotectionissues will be established at Raipur, Chhattisgarh.

    The Indian Institute of Agricultural Bio-technology will be establishedat Ranchi, Jharkhand.

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    Advantage and disadvantage : Plus points:

    Balancing creamy and backward class

    Revive economic growth by investment allowance Increasing bank deposits

    Minus points:-

    Womens bank is a gimmick

    Avoiding defence system

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