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    Interim Budget 2014-15 - Key Highlights From P Chidambaram's Speech - Business Today

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    The document summarizes key highlights from Indian Finance Minister P. Chidambaram's interim budget speech for 2014-15. Some of the key points included no changes to income tax rates, reducing excise duties on cars and other goods to lower prices, increasing allocation for sectors like defense, railways, and agriculture, and maintaining an economic growth forecast of 5% for the next fiscal year. The budget also aimed to promote manufacturing growth and contain the fiscal deficit at 4.6% of GDP.

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    Interim Budget 2014-15 - Key Highlights From P Chidambaram's Speech - Business Today

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    The document summarizes key highlights from Indian Finance Minister P. Chidambaram's interim budget speech for 2014-15. Some of the key points included no changes to income tax rates, reducing excise duties on cars and other goods to lower prices, increasing allocation for sectors like defense, railways, and agriculture, and maintaining an economic growth forecast of 5% for the next fiscal year. The budget also aimed to promote manufacturing growth and contain the fiscal deficit at 4.6% of GDP.

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    Interim Budget 2014-15_ Key Highlights From P Chidambaram's Speech _ Business Today

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    The document summarizes key highlights from Indian Finance Minister P. Chidambaram's interim budget speech for 2014-15. Some of the key points included no changes to income tax rates, reducing excise duties on cars and other goods to lower prices, increasing allocation for sectors like defense, railways, and agriculture, and maintaining an economic growth forecast of 5% for the next fiscal year. The budget also aimed to promote manufacturing growth and contain the fiscal deficit at 4.6% of GDP.

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    10 views2 pages

    Interim Budget 2014-15 - Key Highlights From P Chidambaram's Speech - Business Today

    Uploaded by

    Abhishek Singh
    The document summarizes key highlights from Indian Finance Minister P. Chidambaram's interim budget speech for 2014-15. Some of the key points included no changes to income tax rates, reducing excise duties on cars and other goods to lower prices, increasing allocation for sectors like defense, railways, and agriculture, and maintaining an economic growth forecast of 5% for the next fiscal year. The budget also aimed to promote manufacturing growth and contain the fiscal deficit at 4.6% of GDP.

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    3/9/14

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    Interim Budget 2014-15: Key highlights from P Chidambaram's speech : Business Today

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    Interim Budget 2014-15: Key highlights from


    P Chidambaram's speech
    BT Online Bureau

    February 17, 2014

    Highlight55:No change in income tax rates.#


    Highlight54:Populism is not our way of governance.#
    Highlight53:Growth for next year should be 5 per cent.#
    Highlight52:6 pc excise duty for all mobile phones.#
    Highlight51:Soaps, TV, fridge to be cheaper now.#
    Highlight50:Excise duty on SUVs reduced to 24%, on large cars to 20%.#
    Highlight49:FM reduces excise duty on capital goods from 12% to 10%.#
    Highlight48:Cars to be cheaper as FM proposes to reduce excise duty on automobiles.
    Excise duty on small cars, motorcycles reduced from 12% to 8%.#
    Highlight47:Disappointed that we have not been able to introduce DTC.#
    Highlight46:Focus on building up manufacturing capacity.#
    Highlight45:Community radio to be promoted with Rs 100 crore.#
    Highlight44:All taxes on exports to be waived for manufacturing sector.#
    Highlight43:Rs 65,000 crore for fuel subsidies.#
    Highlight42:Three more industrial corridors announced.#
    Highlight41:Govt is dedicated to keeping Indian economy in robust health.#
    Highlight40:CAD can only be addressed by foreign investment.#
    Highlight39:Budgetary support to railways raised to 29,000 cr.#
    Highlight38:Propose a moratorium period for some education loans.#
    Highlight37:PSU banks got more than 25 lakh student loan accounts in 2013.#
    Highlight36:Proposes Rs 11,200 crore for capital infusion in PSBs.#
    Highlight35:Govt approves one rank one pay for retired jawans.#
    Highlight34:Defence allocation for FY15 increased by 10 per cent.#
    Highlight33:Plan expenditure at Rs 5 lakh 55,322 crore in 2014-15.#
    Highlight32:Non-plan expenditure in 2014-15 estimated to be over Rs 10 lakh crore.#
    Highlight31:Budgetary support to railways at Rs 29,000 crore in 2014-15.#
    Highlight30:Over Rs 45000 cr allocated for scheduled caste sub-plan.#
    Highlight29:Seven new airports under construction.#
    Highlight28:Those at the bottom of the pyramid need Aadhar.#
    Highlight27:Govt remains fully committed to Aadhar.#
    Highlight26:50,000 MW of thermal power under construction.#
    Highlight25:UPA's growth story unparalleled.#
    Highlight24:P Chidambaram promises 1 million jobs.#
    Highlight23:FDI policy has been liberalised to attract larger investment.#
    Highlight22:Foreign exchange reserves up by $15 billion.#
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    3/9/14

    Interim Budget 2014-15: Key highlights from P Chidambaram's speech : Business Today

    Highlight21:Reject the arguement of policy paralysis.#


    Highlight20:Foodgrain production estimated at 263 million tons in 2013-14.#
    Highlight19:Agriculture credit will cross $45 billion against $41 billion in 2012-13.#
    Highlight18:296 projects worth Rs 6,60,000 crore cleared by Cabinet Committee on
    Investment by end January 2014.#
    Highlight17:Growth needs to be more inclusive.#
    Highlight16:Growth in Q3 and Q4 FY14 will be at least 5.2 per cent.#
    Highlight15:Among emerging economies, rupee affected least.#
    Highlight14:Two projects sanctioned under Nirbhaya Fund; original Rs 1,000 crore made
    non-lapsable; another Rs 1,000 crore granted.#
    Highlight13:Agriculture GDP growth expected at 4.6 per cent in current year.#
    Highlight12:National manufacturing policy is set to revive manufacturing in 2014.#
    Highlight11:Construction underway for 50,000MW of conventional power.#
    Highlight10:Over 29,000 MW of power capacity added during fiscal.#
    Highlight9:Exports estimated at $326 billion in current fiscal.#
    Highlight8:Exports have recovered sharply.#
    Highlight7:Too many obsatcles in implementing projects.#
    Highlight6:Core inflation at 3 per cent. Food inflation remains a key worry.#
    Highlight5:CAD will be contained $45 million.#
    Highlight4:Fiscal defict to be contained at 4.6 per cent.#
    Highlight3:Challenges we face common to emerging economies.#
    Highlight2:India not unaffected by events in global economy.#
    Highlight1:Cabinet approves Interim Budget for 2014-15.#

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    http://businesstoday.intoday.in/story/highlights-interim-union-budget-2014-p-chidambaram-feb17/1/203341.html
    @ Copyright 2010 India Today Group.

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