Union Budget 2013-14 New

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UNION BUDGET 2013-14

Bhoomika Harishbhai Mehta

Presented by:Bhoomika Harishbhai Mehta Brijesh Mishra

BUDGET
An estimation of the revenue and expenses

over a specified future period of time. A budget can be made for a person, family, group of people, business, government, country, multinational organization or just about anything else that makes and spends money.

UNION BUDEGT 2013-2014


Finance Minister- P Chidambaram.
Union Budget- 2013-14. February 28, 2013.

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.

THREE PROMISES

WOMEN

YOUTH

POOR

Cont..
WOMEN YOUTH
POOR
NIRBHAYA FUND 1000CR TRANING&DEVELOPMENT 1000CR

Direct Benefit Transfer

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,

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 the

department 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 New

National Health Mission to get Rs 21,239crore

EDUCATION SECTOR
Education Total allocation Rs 65,867 crore

IMPACT
The 17% increase in allocation to Human Resource

Development is definitely a positive sign for the education sector in India.


This can provide a boost to building quality

education resources at all levels in our country.


Hope this will be spent on modernizing curricula,

investing in research and faculty development and building better education delivery mechanisms

AGRICULTURE SECTOR
Agriculture Total allocation Rs 27,049 crore

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

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 major crops, 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 plant

protectionissues will be established at Raipur, Chhattisgarh.

The Indian Institute of Agricultural Bio-technology will be established

at Ranchi, Jharkhand.

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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