FINANCE MINISTER INTERIM BUDGET

—: FY14 Fiscal Deficit To Be Contained At 4.6% Of GDP
—: FY15 FISCAL DEFICIT TGT AT 4.1%
—: FY14 CAD WILL BE CONTAINED AT $45 BN
—: ADDED $15 BN OF FOREX RESERVES IN FY14
—: FOOD INFLATION CONTINUES TO REMAIN THE MAIN CHALLENGE
—: FY14 FOOD GRAIN PRODUCTION STANDS AT 263 MT
—: Fall In Manufacturing Investment Worrying
—: 9 Projects Approved By DMIC Trust
—: Cabinet Committee Cleared 296 Projects By Jan-end
—: Farm Credit Seen At Rs.7.35Lk Cr Vs Target Of Rs.7 Lk Cr
—: Added $15 Bn Of Forex Reserves In FY14
—: FY14 GDP TO BE 4.9%
—: FY14 Q3 & Q4 GDP GROWTH TO BE AT LEAST 5.2%
—: Reject Argument Of Policy Paralysis
—: PSU Enterprises’ Capex Was Rs.2.57 Lakh Cr
—: FDI Policy Was Liberalised To Attract Large Investments
—: To Start 4 UMPPs In FY15
—: UPA Govt Has Started Gradual Correction Of Diesel Prices
—: FY15 Central assistance to states seen at Rs 3.38 lk cr
—: To provide Rs 1,200 cr to North East states this fiscal
—: FY15 Plan Expenditure Kept At Rs.5.55 Lk Cr
—: The govt remains fully committed to the #Aadhar for financial inclusion
—: FY15 SUBSIDIES AT Rs.2.46 LK CR
—: FY15 NON-PLAN SPEND AT Rs.12.07 LK CR
—: FY15 FOOD SUBSIDY AT Rs.1.15 LK CR
—: FY15 FUEL SUBSIDY AT Rs.65,000 CR
—: FY15 DEFENCE SPEND TO BE Rs.2.24 LK CR Vs Rs.2.04 LK CR
—: FY15 CAPITAL INFUSION IN PSU BANKS TO BE Rs.11,200 CR
—: FY15 FERT SUBSIDY TO BE AT Rs.76,000 CR
—: Banks To Lend Rs.8 Lakh Cr To Agri Sector In FY15
—: To Give Rs.3,711 Cr To Minority Affairs Ministry In FY15
—: Moratorium For Interest On Edu Loans Fm Mar’09-Dec’13
—: TO AMEND FMC ACT TO STRENGTHEN COMMIDITY & DERIVATIVES MKT
—: TO LIBERALISE Rs.-DENOMINATED BOND MARKET
—: To Finance Current Account Deficit Through Foreign Flows
—: EXCISE DUTY CUT BY 2% FOR CAP GOODS & CONS DURABLES
—: NO CHANGES IN TAX LAWS
—: EXCISE DUTY CUT FOR SMALL CARS & BIKES TO 8%
—: EXCISE DUTY FOR SUVs CUT TO 24% FROM 30%
—: EXCISE DUTY ON LARGE & MID- SEGMENT CARS CUT TO 20%
—: FY15 REVENUE DEFICIT PEGGED At 3%
—: FY14 REVENUE DEFICIT AT 3.3%