Indian Union Budget 2011-2012 Key Updates -1
Finance minister of India,Pranab Mukherjee on Monday presented in the Parliament the Indian Union Budget 2011-2012 for the coming financial year beginning in April 2011. Read here Indian Union Budget 2011 highlights.
Finance minister of India,Pranab Mukherjee on Monday presented in the Parliament the Indian Union Budget 2011-2012 for the coming financial year beginning in April 2011. Read here Indian Union Budget 2011 highlights.Indian Union Budget 2011-2012 Key Updates-1
1. Removal of supply bottlenecks in the food sector will be under focus in 2011-12
2. Government to provide 3 billion rupees for 60,000 hectares under palm oil plantation
3. Corpus of rural infrastructure development fund raised to 180 billion rupees in 2011-12
4. Provide 201.5 billion rupees capital infusion in state-run banks in 2011-12
5. 3 percent interest subsidy to farmers in 2011-12
6. Provide 3 billion rupees for 60,000 hectares under palm oil plantation
7. Liberalisation of FDI policy
8. FII allowed to invest in MF schemes
9. 15 more mega food parks to be promoted
10. Goods and Service Tax :significant progess
Job oriented