Indicates Rs 184 cr revenue surplus budget, turn defict of Rs 3,017.22 cr for 2013-14 due to subsidy & other expenses
About Rs 2,500 cr earmarked for food security scheme to cover 87.7 mn beneficiaries
State FM says no decision yet on reducing VAT on petroleum products
Also presents vote on account of Rs 80,086 cr for Apr-July 2015
Annual state plan outlay currently does not incorporate Centrally Sponsored Schemes
FinMin officials say Plan expenditure level in interim Budget not feasible if fiscal deficit target remains so
Slashed duties expected to help reduce inflationary pressure on inputs such as palm oil, which goes into the making of soaps
TN demanded the transfer of resources from the Centre to the states should be done as tax devolution, automatic and untied
CII believes that the priority of the new government, post General Elections 2014 will be reviving the economic growth
The savings rate was 31.3% in 2011-12 and 30.1 per cent in 2012-13
Corporate sector says that it's evident that the outgoing government is gearing up for elections
Central assistance to state plans increased to Rs 3.4 lakh crore against revised estimate of Rs 1.2 lakh crore in 2013-14
Judicious subsidy, urbanisation & rebuilding infra some of the 10 tasks for the govt
Plan outlay for coal ministry raised 15%, power ministry records 12% rise in budgetary allocation; shipping allocation cut by 2%
Rs 26,500 crore to be used to meet the carry-over subsidy expenditure from 2013-14
Allocation towards the rural road scheme fell from the 2013-14 Budget Estimates of Rs 15,690 cr to Rs 8,685.52 cr in the revised estimates
State lenders must retain a significant portion of profits for capital, also raise it from market: FM
Interest subvention scheme on farm loans to continue
REVENUE: Despite the massive shortfall this year, the Budget expects a growth of 19 per cent in tax collection over this year's RE
NON-TAX REVENUE: High dividend payouts buoy non-tax revenues to Rs 1,93,225.71 cr