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Indian Budget 2011-12
Shri Pranab Mukherjee, Minister of Finance- February 28, 2011


HIGHLIGHTS- Indian Budget 2011-2012

Environment and Climate change

National Clean Energy Fund for funding research and innovative projects in clean energy technologies to be established.

One-time grant of Rs.200 crore to the Government of Tamil Nadu towards the cost of installation of a zero liquid discharge system at Tirupur to sustain knitwear industry.

Rs.200 crore provided as a Special Golden Jubilee package for Goa to preserve the natural resources of the State, including sea beaches and forest cover.

Allocation for National Ganga River Basin Authority (NGRBA) doubled in 2010-11 to Rs.500 crore.



Schemes on bank protection works along river Bhagirathi and river Ganga-Padma in parts of Murshidabad and Nadia district of West Bengal included in the Centrally

Sponsored Flood Management Programme.

A project at Sagar Island to be developed to provide an alternate port facility in West Bengal. INCLUSIVE DEVELOPMENT

The spending on social sector has been gradually increased to Rs.1,37,674 crore in 2010-11, which is 37% of the total plan outlay in 2010-11.

Another 25 per cent of the plan allocations are devoted to the development of rural infrastructure.

Education

Plan allocation for school education increased by 16 per cent from Rs.26,800 crore in 2009-10 to Rs.31,036 crore in 2010-11.

In addition, States will have access to Rs.3,675 crore for elementary education under the Thirteenth Finance Commission grants for 2010-11. Health

An Annual Health Survey to prepare the District Health Profile of all Districts shall be conducted in 2010-11.

Plan allocation to Ministry of Health & Family Welfare increased from Rs 19,534 crore in 2009-10 to Rs 22,300 crore for 2010-11.

Financial Inclusion

Appropriate Banking facilities to be provided to habitations having population in excess of 2000 by March, 2012.

Insurance and other services to be provided using the Business Correspondent model. By this arrangement, it is proposed to cover 60,000 habitations.

Augmentation of Rs.100 crore each for the Financial Inclusion Fund (FIF) and the Financial Inclusion Technology Fund, which shall be contributed by Government of India, RBI and NABARD.

Rural Development

Rs. 66,100 crore provided for Rural Development.

Allocation for Mahatma Gandhi National Rural Employment Guarantee Scheme stepped up to Rs.40,100 crore in 2010-11.

An amount of Rs.48,000 crore allocated for rural infrastructure programmes under Bharat Nirman.

Unit cost under Indira Awas Yojana increased to Rs.45,000 in the plain areas and to Rs.48,500 in the hilly areas. Allocation for this scheme increased to Rs.10,000 crore.

Allocation to Backward Region Grant Fund enhanced by 26 per cent from Rs.5,800 crore in 2009-10 to Rs 7,300 crore in 2010-11.

Additional central assistance of Rs 1,200 crore provided for drought mitigation in the Bundelkhand region.

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