Indian Interim Budget 2009-10, Live
Finance Minister Pranab Mukherjee’s Union Budget Speech in the Parliament is been telecasted live .
Watch the Indian Budget 2009-10 Live
Pranab Mukherjee has begun presenting the interim budget in the Lok Sabha for the next fiscal amid expectations that measures will be announced to cushion the impact of global meltdown on the Indian economy, and help revive consumer demand.
The Minister also announced that India Infrastructure Finance Company will raise Rs 10,000 crore from the market by the end of March 2009.
A few of the Highlights are below, The entire Budget details is availabale at www.indiabudget.nic.in. and finmin.nic.in
- Key to Budget Documents
- Budget Highlights (Key Features)
- Budget Speech
- Budget at a Glance
- Annual Financial Statement
- Finance Bill
- Receipt Budget
- Expenditure Budget
- Implementation of Budget Announcements
- The Macro Economic Framework Statement
- The Medium Term Fiscal Policy Statement
- The Fiscal Policy Strategy Statement
Last year’s financial highlights:
In past three years, India grew by average of over 9 percent
Exports grew at average annual growth rate of 26.4%
Gross domestic saving rate at 37.7%
Domestic investment rate at 39% in FY 08
Per capita income increased 7.4% per annum during the UPA govt’s tenure
The GDP went from 7.5% in 04-05 to 9.7% in 06-07 and clocked 9% in 08
Fiscal deficit was brought down from 4.5 percent to 2.7 percent
Revenue deficit was cut from 3.6 percent to 1.1 percent
Foreign trade increased from 27.3 percent to 35.5 percent
Tax to gross domestic product ratio expanded by 9.2 to 12.5 percent
Agriculture grew by 3.7 percent per annum
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16/02/2009
shortly better, but we should analyse the entire notifiations. After that only we can commend it
16/02/2009
Watch Interim Budget 2009 Live
here…..
Interim Budget 2009
16/02/2009
We can’t understand tha economical msg of our honourable minister.what he wants to do for breaking the horn of current and coming economical crisis.India is not effected with this crisis is that possible?Our inflation rate is going down.In pre week it was nearby 4.7% is here any fear of DEFLATION which more dangerous than inflation.
We think that subsidy on fertilizer is high.We first look after consumer goods which neccessary for life.Than creates job for increasing per capita income it will strengthen our economy.Leave politics of UPA and NDA or coming election because we are common man and want our Prosperous India.And this budget will not check measure of admin expenditure and also not create GENERAL EMPLOYMENT which is neccessary for GDP and Blance of payment as well.
Thanking you
16/02/2009
The Government has givenvery clear direction that… they want to create jobs, they want investment in rural sectors, which would create
demand for cars, two-wheelers and commercial vehicles as well. A risk has to be
taken and as inflation is coming down, a fiscal deficit to that level is justifiable
The budget was more or less in line with expectations on the fiscal side. The fiscal deficit has been projected at 5.5 percent of GDP for the next fiscal with a risk that it would be on the higher side as the finance minister projected that the spending needs to go up by 0.5-1 percent of GDP when the new government comes to power
19/02/2009
hello sir. do something for avoide recetion period