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- Finance Minister Arun Jaitley rises to present Budget 201411:04 am: There are green shoots of recovery in the global economy: Jaitley.
- People have voted for a change. India desires to grow: Jaitley.
- The budget is the most comprehensive action plan: Jaitley.
- We look forward to lower inflation, says Jaitley.
- The steps I will announce are only the beginning of the journey we wish to take for macro economic stabilization, says Jaitley.
- There is a large population which is below the poverty line: Jaitley.
- We have taken up the challenge in the right ernest; will create a vibrant and strong India: Jaitley.
- The task before me today is very challenging; need to revive growth in manufacturing sector: Jaitley.
- FM emphasises on fiscal prudence, need to generate more resources: Jaitley.
- Considering that we had two years of low GDP growth, a large subsidy burden, target of 4.1 per cent fiscal burden is daunting: Jaitley.
- There is a gradual moderation in the WPI recently; but we are still not out of the woods: Jaitley.
- We have no option but to take some bold steps to spurt economy; these are only the first steps and are directional: Jaitley.
- A new urea policy would be formulated: Jaitley.
- GST will streamline tax administration and result in higher tax collection for center and states: Jaitley.
- Propose increase in excise duty on tobacco products, and aerated water products with added sugar: Jaitley.
- FM announces reduction in excise duty for specified food package industry from 10 per cent to 6 per cent.
- Excise duty on footwear reduced from 12 per cent to 6 per cent: FM.
- Export duty on bauxite enhanced from 10 per cent to 20 per cent: Jaitley.
- FM Arun Jaitley announces several tax rational measures.
- Basic custom duty on LED panel below 19 inch made nil: Jaitley.
- FM announces measures to encourage manufacture of LCD/LED panels of TVs.
- FM announces proposals to make CRT TVs cheaper.
- Net effect of direct tax proposals is revenue loss of Rs.22,200 cr: FM.
- FM announces measures to boost domestic manufacturing sector; says the sector has been under stress.
- Provide investment allowance at 15 per cent for 3 years to manufacturing company which invest more than Rs.25 cr in plant and machinery: FM.
- Propose to increase investment limit under Section 80C from Rs.1 lakh to Rs.1.5 lakh: FM.
- Tax exemption limit for senior citizens changed from Rs.2.5 lakh to Rs.3 lakh: FM.
- Tax exemption limit for small and marginal, and senior tax payers changed from Rs.2 to Rs.2.5 lakh: FM.
- Do not propose to make any changes in tax rate: FM.
- Impact of tax changes have been factored: Arun Jaitley.
- I propose to give some relief to taxpayers and some sectors of the economy: Arun Jaitley.
- Had to encounter challenge of extremely limited fiscal space in deciding tax policy: FM.
- I propose Rs.200 crore for power reforms, and Rs.500 crore for water reforms in Delhi: Arun Jaitley.
- FM announces Rs.150 cr for communication needs of Andaman and Nicobar islands.
- FM announces 'Arun Prabha' channel for NE region.
- Govt committed to development of Telangana and Andhra: FM.
- Rs.1000 cr provided for rail connectivity in NE region: FM.
- Rs.100 cr set aside for development of organic farming in north east region: FM.
- Programme for displaced Kashmiri migrants with Rs.500 cr to be started: FM.
- Young Leaders Programme to be set up with Rs.100 cr: FM.
- Rs.200 cr set aside for upgradation of indoor and outdoor stadium in Jammu and Kashmir to international standards: FM.
- Sports University to be set up in Manipur; Rs.100 cr provided in current financial year: FM.
- Govt will set up national sports academy for different sports in different parts of India: FM.
- Biotech clusters to be set up in Bangaluru and Faridabad to take science and technology to new heights: FM.
- NRI fund for conservation of river Ganga to be set up: FM.
- FM announces "Namami Ganga", an integrated Ganga Development Project; Rs. 2,037 cr set aside for this.
- World Class Convention facility to be developed through PPP mode: FM.
- Time that we make serious efforts to link rivers; Rs.100 cr set aside for project to link rivers: FM.
- FM announces Rs.100 cr for development of archaeological sites. Gaya to be developed as world class tourism spot: FM.
- Propose to set aside Rs.50 cr for construction of National Police Memorial: FM.
- Rs.5000 cr set aside for defence outlay over and above amount provided under interim budget: FM.
- War memorial to be set up along with a war museum; Rs.100 cr set aside fro this: FM.
- Rs.100 cr set aside for development of Technology Development Fund scheme for education of girl child to be launched soon: FM.
- Will take measures to revitalise small savings schemes: FM.
- Pending Insurance Amendment Bill to be taken up in the Parliament: FM.
- Govt will work out measures for revival of other stressed assets: FM.
- RBI will create framework for licenses of small banks: FM.
- Bank will be encouraged to give long term funds and loans to the infrastructure sector: Jaitley.
- Benefits of insurance have not reached larger section of people; govt will addres this in multi-pronged manner with stakeholders: FM.
- To provide all households with banking facilities to empower the weaker sections; there should be at least 2 bank accounts in each household: FM.
- Urgent need to converge current Indian standard with international accounting standards: FM.
- FM proposes number of measures to energise Indian capital market.
- Essential to strengthen and modernise regulatory framework in financial sector to meet challenges of increasing complex economy: FM.
- Financial sector is at the heart of the growth engine: FM.
- Revision of rate of royalty on minerals to be taken up on request from the states: Jaitley.
- In order to complete gas grid, 15000 km of additional pipeline to be developed through PPP mode: FM.
- Existing impasse of coal sector will be resolved: Jaitley.
- Rs.4200 cr set aside for the Jal Marg Vikas project on river Ganga connecting Allahabad to Haldia,over 1620 km: Arun Jaitley.
- New airports to be developed through PPP mode: FM.
- FM announces development of Hastkala Academy in PPP mode: Jaitley.
- Rs.50 cr set aside for pashmina production programme in Jammu and Kashmir: Jaitley.
- There is need to develop more sophisticated models with quick redressal mechanism in PPP contracts: FM.
- India has emerged as the largest PPP market in the world: FM.
- FM announces Rs.200 cr for 6 more textile clusters in Rae Bareily, Lucknow, Surat, Bhagalpur: FM.
- Definition of MSME to be revised for high capital ceiling: FM.
- MSMEs are the backbone of the economy; to be revived through a committee to examine and report in three months: FM.
- Effective steps to be taken to revive SEZs: FM.
- Apprentice Act to be suitably amended to strengthen the Apprentice Training Scheme: FM.
- To set up Industrial Smart Cities in 7 cities: Jaitley.
- All govt departments and ministries to be integrated through E-platform by 31 Dec this year: Jaitley.
- Rs.100 cr set aside for Kisan Television to provide real time information on various farming and agriculture issues: Jaitley.
- FM allocates Rs.200 cr for setting up 2000 producers' organisations across the country.
- FM allocates funds for setting up 2,000 producers' organisations across the country.
- Rs.5000 cr short time rural credit refinance fund for 2014-15: Jaitley.
- Additional Rs.5000 cr set aside for RIDF: Jaitley.
- Rs.50 cr set aside for indigenous cattle breed and blue revolution for inland fisheries: FM.
- State governments to be encouraged to develop farming markets: FM.
- Propose to provide finance to 5 lakh landless farmers through NABARD: FM.
- National Adaption Fund for climate change to be set up: Jaitley.
- Govt will initiate scheme to provide a soil health card; Rs.100 cr set aside. Rs.56 cr for soil testing labs across the country: FM.
- Five minute break announced in presentation of Budget.
- Agriculture University in Andhra and Rajasthan, and Horticulture University in Haryana, Telangana; Rs.200 cr set aside.
- Slum development to be included in Corporate Social Responsibility activities.
- FM announces Rs.100 cr for modernisation of madrasas.
- FM announces development of Metro rails in PPP mode; Rs.100 cr set aside for metro scheme in Ahmedabad and Lucknow.
- Mission for low cost housing proposed to incentivise development of low cost housing; Rs.400 cr announced.
- Urban renewal will address drinking water, use of recycled water,solid waste management, digital connectivity; 500 habitats supported: FM.
- Rs.100 cr set aside for Community Radio Centres; 600 new and existing ones will be supported: Jaitley.
- FM proposes National Rural Internet and Technology Mission; Rs.500 crores set aside.
- Pt Madan Mohan Malaviya Teaching Programme to be started: Jaitley.
- FM proposes to set up 5 new IIMs and 5 new IITs: Jaitley.
- Propose to set up Center of Excellence in MP named after Lok Nayak JaiPrakash Narayan: Jaitley.
- 15 Model Rural Health Research centers to be set up for rural health issues: Jaitley.
- FM proposes 12 more Govt Medical colleges with dental facilities: Jaitley.
- The four new AIIMS will be in Andhra, West Bengal, Vidarbha and Purvanchal: Jaitley.
- Propose to set up four more AIIMS; Rs.500 crore set aside for this. Six new AIIMS started recently have become functional: Jaitley.
- Rs.3600 crore set aside for National Rural Drinking Water: Jaitley.
- FM announces Backward Regional Grant Fund to address inter regional inequalities.
- FM proposes National Housing Banking programme; sets aside Rs. 8000 cr for this programme.
- PMGSY has a massive impact on rural development; sets aside Rs.14,389 crore for this: Jaitley.
- Jaitley announces Crisis Management Center for women at Delhi; money to be provided from Nirbhaya fund.
- FM laments apathy towards girl child, announces 'Beti padhao, beti badhao yojana', sets aside Rs.100 crore for this.
- 15 new Brail presses to be established: Jaitley.
- FM announces schemes for disabled persons in the country: Jaitley.
- EPFO will launch a unified account scheme for portability of Provident Fund accounts: Jaitley.
- A large number of money lying unused in postal schemes etc. Propose to set up a committee to examine how this can be utilised: Jaitley.
- Rs.50,548 crore proposed for SC development: Jaitley.
- Rs.200 crore set aside to support Gujarat govt in the Sardar Patel statue installtion: Jaitley.
- Govt committed to providing 24/7 power supply to all homes: Jaitley.
- Total sanitation goals to be achieved by 2019: Jaitley.
- 'Pradhanantri Krishi Sichayin Yojana' to be started for irrigation: Jaitley.
- A national multiscale programme called Skill India to be introduced to provide training and support for employment: Jaitley.
- In order to give major boost to tourism, E-visas would be introduced at 9 airports. This will facilitate visas on arrival: Jaitley.
- As large number of people migrate to cities, unless new cities are developed the present would become unliveable: Jaitley.
- We will examine proposal to give additional autonomy to banks and make them more responsible: Jaitley.
- Financial stability is the foundation of our recovery: Jaitley.
- FM proposes measures to encourage development of smart cities: Jaitley.
- India is the largest buyer of defence equipment: Jaitley.
- India needs boost in manufacturing sector: Jaitley.
- FDI is several sectors provides additional resources: Jaitley.
- Transfer pricing is major area for litigation; proposes changes in transfer pricing regulation.
- I propose to strengthen authority for advance ruling in tax: Jaitley.
- We are committed to providing stable tax regime which is investor friendly: Jaitley.
- This govt will not ordinarily change policies retrospectively which creates a fresh liability: Jaitley.
- To broaden tax base, negative list for service tax has been reviewed: FM.
- Soaps and oil products to become cheaper: FM.
- Tax proposals on indirect tax front would yield Rs.7,525 cr: FM.
- High on rhetoric, short on delivery. No vision and no roadmap: Congress leader Manish Tewari on Union Budget.
- The Budget does not quicken the pulse: Rahul Gandhi.
- There is very little for social sector: Sonia Gandhi.
- There is nothing new, they have merely continued our schemes: Sonia Gandhi.
- This Budget doesn't benefit the common man: Congress leader Rajeev Shukla.
- This is a perfect and practical Budget for the nation: BJP leader Mukhtar Abbas Naqvi.
- This Budget will only benefit Adani and Ambani, not the common man: NCP leader Nawab Malik.
- Poor friendly, youth friendly, farmer friendly, women friendly and senior citizen friendly: Rajnath Singh on Union Budget.
- We did not want to burden the common man, had to resolve a lot of issues: Arun Jaitley.
- I hope this leads to the expansion of the economy: Arun Jaitley.
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