Union Budget 2014-15 Highlights

FDI in defence sector to go up to 49%

Greater autonomy to banks

PSU 247,944 cr capex to create industrial cycle

Smart cities: PM has vision of developing 100 new cities

Rs 7,060 cr fund for smart cities

Tourism: e-visas to be introduced at nine airports in the country in a phased manner

Real estate investment trusts modified REITS is being announced for infrastructure projects to
reduce pressure on banking system

Kisan Vikas Patra to be pushed further

New scheme for skill development called Skill India to be launched

Sanitation in every household by 2019

Shyama Prassad Mukherjee Rozgaar mission to be launched

New scehme for agricultural irrigation

Rs 500 cr for rural electrification

Rs 200 cr for sardar vallabbhai statue in Gujarat

Rs 50000 cr for SC/st schemes

Social security: minimum pension of rs 1000 pm for all subscribers of EPFO scheme

National level insistute for mental health to be ste up

Currency notes with braile like signs to help the blind

Rs 150 cr on new scehme to improve safety of women in big cities

Beti bacahao beti padahao yojna to be launched RS 100 allocation

Gender main-streaming: School curriculum to have a chapter on the issue

Fiscal deficit for 2014-15 pegged at 4.3% and for next year at 3%

Revenue Deficit seen at 2.9% for FY15

Aim to achieve 7-8 per cent economic growth rate in next 3-4 years: FM

Committed for growth of agriculture at the rate of 4 per cent.

Defence FDI cap raised to 49% from 26% at present

Exemption limit on income tax from Rs. 2 lakh to Rs. 2.5 lakh.

For senior citizens, the exemption on income has been raised to Rs. 3 lakh per annum.

Tax-free cap on home loan interest from Rs. 1.5 to Rs. 2 lakh.

No change in Income tax rates and slabs .

Annual PPF ceiling to be enhanced to Rs 1.5 lakh, from Rs 1 lakh

Women Safety:
o Outlay of Rs. 50 crores for a pilot scheme on road safety
o Another 150 crores to be spent by MHA on safety on women in larger cities
o 'Beti Bachao, Beti Padhao Yojana' - 100 crores

Rs 3600 cr set aside for National Rural Drinking Water: FM

Rural housing: Rs 8000 crore for national housing banking programme

Metro rails in PPP mode; Rs. 100 cr set aside for metro scheme in Ahmadabad and Lucknow

Each year government will be adding AIIMS to ensure there is an AIIMS in every state: Jaitley

Rs 100 crores to set up virtual classrooms

Rs 500 crores for setting up 5 more IIMs and IITs

FM Proposes to enhance the scope of income tax settlement commission

Rs 7,060 crore allocated for building new cities

Jaitley announces e-visas to promote tourism

The government is committed to the welfare of scheduled castes and tribes.

Rs 200 crores credit scheme for start-ups by those from scheduled castes and tribes

Government is committed to providing 24x7 electricity in all houses

15 Braille press to come up.

Currency note with Braille-like signs

Promote FDI selectively in sectors. India needs a boost in job creation in the manufacturing sector
24x7 electricity in all houses

Minimum pension of Rs.1000 per month to all PP schemes.

Rs 50,548 cr proposed for SC development

Bharat Swach Yojna proposed for hygiene and cleanliness.

Rs. 200 crore for Statue of Unity, a statue of Sardar Patel in Gujarat.

Rs. 1000 cr for irrigation plan named Pradhan mantri krishi sichayin yojana.

Skill India initiative to make youth employable and create more entrepreneurs.

Kisan Vikas Patra to be expanded.

e-visa for nine cities.

Rs. 7060 cr for creating smart cities.

Assam and Jharkhand to get Centre of Excellence on farming

Rs. 100 crores for modernization of Madrasas

Jaitley announces Skill India, a programme to train youth for jobs

Equity in PSU banks to be raised through share sale to the public

Rural housing: Rs 8000 crores for national housing banking programme

MGNREGA programme to made more productive

Senior Citizens Pension Plan Extended Till August 2015

National Adaption Fund for climate change to be set up

Rs. 500 crore for price stabilization fund.

100 soil testing laboratories across the country.

House resumes. Budget Speech continues.

Agriculture University in AP and Rajasthan, and Horticulture University in Haryana, Telangana; Rs.
200 cr set aside

An AIIMS will be created in every state.

All six new AIIMS are functional. Four more AIIMS under consideration. 12 more medical colleges
will be added. Rs. 500 crore allocated for this.

MGNREGA programme will be made more productive

Crisis Management Center for women at Delhi

Start up village at Rs 100 crore to promote entrepreneurship among rural youth.

Rs. 14,389 crores for PM Sadak Yojana

Rs 200 crore allocated to set up six textiles clusters